Credits:
3
In this course, the processes and activities necessary to manage risk throughout a development approach and project life cycle will be identified and applied. Students will be exposed to practical exercises, tools and techniques for both qualitative and quantitative analysis for handling project risks. There will be an introduction to a comprehensive project risk management process/matrix that extends from initiation through to project completion and from risk symptoms to risk event impact. Critical to risk management success is the business`s ability to project risk alignment and mitigation strategies beyond the basic financial contingency approach.