Risk Management

Risk Management

This course is designed to give project managers the necessary knowledge and skills to manage risks by offering them a precise understanding of the subject and best practices in software development projects.

Duration
20 hours
Course type
Online
Language
English
Duration
20 hours
Location
Online
Language
English
Code
PM-007
Training for 7-8 or more people? Customize trainings for your specific needs
Risk Management
Duration
20 hours
Location
Online
Language
English
Code
PM-007
€ 500 *
Training for 7-8 or more people? Customize trainings for your specific needs

Description

Risk Management is one of the major disciplines of software project management. At the same time this is one of the disciplines least mastered by managers at all levels.


The concept of risk has become a common part of everyday life and is perceived by everybody as something very familiar and clear. As a result – a spontaneous and largely intuitive process of fighting "everyday" risks has been firmly equated with the concept of "risk management” in the minds of many managers. Needless to say how dramatic the consequences are - especially in the software industry, where projects are full of complexities, uncertainties and risks!


This course is designed to give project managers the necessary knowledge and skills to manage risks by offering them a precise understanding of the subject and best practices in software development projects.


The training addresses:

  • key concepts of risk management,
  • methods for risk identification, classification and analysis,
  • methods for risk assessment,
  • risk management plans,
  • typical risks in software projects.
certificate
After completing the course, a certificate
is issued on the Luxoft Training form

Objectives

  • To give a holistic understanding of basic concepts related to risk management;
  • To study the basic concepts of risk management;
  • To review the relevant techniques and methodologies;
  • To form a systematic approach to risk reduction and management.

Target Audience

  • Project Managers (beginners and those with an average experience).
  • Experienced team leaders.

Prerequisites

Experience in software development projects.

Roadmap

1) Introduction 

· Key Definitions (theory 1,5h) 

· Resistance to Risk Management (theory 0,5h) 

· Risk Management Process (theory 0,5h) 

· Risk Management Artifacts (theory 0,25h) 

2) Primary Data Collection and Analysis (theory 0,5h) 

3) Development of Risk Management Approaches (theory 0,25h) 

4) Risk Identification · Approaches to Risk Identification (theory 1,5h) 

· Risks Formulation (theory 0,25h; practice 2h) 

· Typical Errors of Risk Identification (theory 0,5h) 5) Risk Analysis 

· Objectives of Risk Analysis (theory 0,25h) 

· Risk Attributes (theory 0,5h) 

· Types of Risk Analysis (theory 0,75h; practice 2h) 

· Identifying the Most Significant Risks (theory 0,75h) 

· Assessment of Overall Project Risk (theory 0,5h; practice 0.5h)

6) Risk Planning · Plan Types (theory 0,75h) 

· Strategies for Risk Management (theory 0,25h) 

· Risk Owner (theory 0,25h; practice 0.5h) 

· Plan Chains (theory 0,25h)

· Streamlining Risk Plans (theory 0,25h) 

· Risk Reserves (theory 0,5h) 

7) Risk Monitoring (theory 0,5h) 

8) Risk Control (theory 0,25h) 

9) Project and Organization Risk Database (Register) (theory 0,5h; practice 2h) 

10) Risk Management in Agile Projects (theory 0,25h) 

11) Example of Successful Risk Management (theory 0,75h) 

Total: theory 13h (65%), practice 7h (35%).

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