This training will work through the risk analysis process from risk identification, risk mitigation, risk communication, and risk management by working through each step of a real-world project risk example.
Effective risk management allows project management to identify the project’s strengths, weaknesses, opportunities, and most importantly any threats that can impact the project.
Project management must always plan for unexpected events and have contingency plans in place in the event bad things happen. To ensure any project’s success, the strategy for defining how risks will be handled must be pre-planned and ready to implement at a moment’s notice.
Risk management is a project component that is often forgotten or ignored by project managers who substitute dreams of sugarplums dancing in their heads for the hard realities of the tough world of managing projects. Risk is real and is lurking around every corner of the project. Effective and successful project managers recognize that fact and that achieving a project’s end state depends on planning, preparation, results, and evaluation. Resources available are limited – therefore a focused response to Risk Management is needed
Charles H. Paul is the President of C. H. Paul Consulting, Inc. – a regulatory, training, and technical documentation consulting firm. Charles is a management consultant, instructional designer and regulatory consultant and has led C. H. Paul Consulting, Inc. since its inception over 25 years ago. He regularly consults with Fortune 500 pharmaceutical, medical device, and biotechnology firms assisting them in achieving human resource, regulatory, and operational excellence. He is a regular presenter of webinars and on-site seminars in a variety of related subjects from documentation development to establishing compliant preventive maintenance systems.