Workshop on - Improving project Success through Project Risk Management

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Event Details

Workshop on - Improving project Success through Project Risk Management - Jul 21, 2017

Overview :

The project Management Institute found that projects with a sound risk process have:

  • 15% higher success rate

  • 17% increase in cost efficiency

  • 15% increase in schedule efficiency

 

90% of the project problems can be foreseen through institutionalizing a sound project risk management techniques. Unfortunately, Project Risk Management has not got the attention and resource it deserves. Proactively identifying and controlling risk greatly improves compliance to Scope, Schedule and Budget as well as reduces the firefighting time. Project Risk Management is too important to ignore, it is a direct addition to bottom line of the company.


Course Objectives :

This course focuses on improving the participant’s risk management expertise, from initial planning through project closure. Participants will apply all course principles to a work-related case study taken directly from their work environment. At course completion, participants will be able to identify, analyse, respond to and control project risks.


Who Should Attend :

This course is designed for all project managers and project team leaders, Finance Lead, Risk managers.

What are the benefits of attending the workshop ?

After the workshop the participant will be equipped to do:

  • An Objective assessment of Project Risk Management Process

  • Proper accounting of project risks and uncertainties

  • An evaluation of investment decisions

  • Contingency planning

  • Create Risk Response


Methodologies :

The Course delivery will be interactive. It will have a blend of live examples, Case studies, Scenarios, Videos, Surveys & Games to facilitate effective learning

  • Experiential Learning

  • Experience Sharing

  • Insightful Sessions+++++

 

Course Content :

Risk Management Overview
  • Risk Management Benefit and Uses

  • Project Risk Management

  • Project Management Life Cycle

 
 
 
Identifying Risks
  • Identify Risks

    • Delphi Technique

    • Subject Matter Expert Input

    • Brainstorming

    • Fishbone Diagrams

    • Process Analysis

  • Risk Breakdown Structure (RBS)

  • Risk Register

 

 

 

Executing, Monitoring & Controlling
  • How, What & When

    • Control Risks

    • Project Monitoring

Risk Management Life Cycle
  • Plan Risk Management

  • Scope Risks

  • Schedule Risks

  • Resource Risks

  • Risk management Methodology

 
Analyze Risks
  •  Perform Qualitative Risk Analysis

    • Probability and Impact Assessment

    • Probability and Impact Chart

  • Perform Quantitative Risk  Analysis

    • Expected Monetary Value (EMV)

    • Monte Carlo

  • Plan Risk Responses

  • Risk Response Strategies

  • Overall Project Risk

  • Checklists

 
Closing Risk Management Process
  • Closing Process Group Overview

  • Post-Project Risk Assessment

Dr. Bishram has over 33 years of professional experience at various senior levels including SBU Head and CIO- in the Manufacturing industry in companies like Tata Steel, Ispat Industries, Datamatics, Tata Infotech/ Tata Consultancy Services and Lionbridge Technologies. He has worked in verticals like Manufacturing, Retail, Transportation, Education, Publishing and Healthcare. He has transformed business with his consulting acumen. He completed his B. Tech. in Industrial Engineering with a Gold medal. He is also credited with three Gold medals during his PGDBM (XLRI) and secured rank at National level in CFA curriculum. His versatile educational background, analytical skills and wide experience make him unique for consulting and teaching work. He is passionate about improving organizational performance using various improvement tools and techniques.

Mackinnon Mackenzie Bldg, 3rd Floor, 4 Shoorji Vallabhdas Marg, Ballard Estate, MUMBAI – 400 001

Chetna Surti
Tel     : 49100228, 98926 86418
  
Prashant Bais
Tel     : 61200210, 99677 05312
Participation Fee :   
Members  Rs. 4000 +18% taxes
Non-Members  Rs. 4500 +18% taxes

 

Bank Details for NEFT

Beneficiary Account No.

10996680930

IFSC CODE

SBIN0000300

Bank Name

State Bank of India

Branch Address

Mumbai Main Branch, Mumbai Samachar Marg, Mumbai- 400 001

MICR Code   

40000 2010

Cheque /Demand Draft should be drawn in favor of “BOMBAY CHAMBER OF COMMERCE AND INDUSTRY”.

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