Project Management Private Public

Project Risk Register Workshop: Hands-On Training with an Expert (PMW_RSK)

4 hours
Project Management

PDUs4 PDUsDescriptionWhen a project issue comes up, would you rather address it on the fly or use a pre-planned risk register? In this hands-on workshop, you'll build a working risk register for a real project of your own, with an experienced project manager reviewing your work as you go.

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Price per student
$450.00
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  • Live expert instructor
  • Online or on‑location
  • Customizable agenda
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Course Overview

PDUs

4 PDUs

Description

When a project issue comes up, would you rather address it on the fly or use a pre-planned risk register? In this hands-on workshop, you'll build a working risk register for a real project of your own, with an experienced project manager reviewing your work as you go. If you do not have a project to use in class, we will provide you with a sample case study.

You'll learn how to identify risks, describe possible causes, assign scores, and outline solutions. You'll also learn to spot opportunities and identify the positive side of risk. By the end of class, you'll have a risk register to use on the job.

Who should attend: Project managers, team leads, and anyone responsible for keeping a project on time and on budget. Basic familiarity with project management is helpful.

Course Benefits

  • Leave with a completed risk register for your own project, reviewed by an expert
  • Identify risks systematically using a risk breakdown structure, checklists, and assumptions analysis
  • Write clear risk statements that point to root cause, not just symptoms
  • Score and rank risks by probability and impact so you focus on the few that matter
  • Choose the right response for each risk: avoid, mitigate, transfer, escalate, or accept
  • Size a contingency reserve using expected monetary value (EMV)
  • Recognize project opportunities and plan to take advantage of them

Delivery Methods

Public Class
Live expert-led online training from anywhere. Guaranteed to run .
Private Class
Delivered for your team at your site or online.

Course Outline

  1. Risk basics
    • Threats vs. opportunities
    • Risks vs. issues
    • Project, business value, and business risk
  2. Finding risks
    • Common sources of project risk
    • Risk breakdown structure, risk checklists, assumptions analysis, SWOT
    • Writing risk statements: "If EVENT occurs as a result of CAUSE, then OUTCOME will happen"
  3. Analyzing risks
    • Scoring probability and impact
    • Risk triggers and detectability
    • Ranking risks and setting high/medium/low thresholds
  4. Responding to risks
    • Proactive responses for threats and opportunities
    • Contingency plans
    • EMV, contingency reserve, and management reserve
  5. Workshop: Build your risk register
    • Identify, describe, score, and plan responses for 5-8 risks on your project
    • Pair review: challenge a partner's risks and scores
    • Instructor review and feedback
  6. Keeping the register alive
    • Monitoring risks and updating the register
    • Finding hidden opportunity in issues
  7. Wrap-up and action plan

Class Materials

Each student receives a comprehensive set of materials, including course notes and all class examples.

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