Estimating and Risk Management in Project Management

Risk management is one of the most difficult topics for project managers to master. Covering risk identification and quantification and response development and control, you exploit practical worksheets and mathematical models that guide you through a complete process of analysis and management of potential risks. Once you recognize the role of uncertainty in project conception, planning, and implementation, you adhere to a commonly accepted vocabulary to estimate risk and to apply analytical tools to establish reliable estimates and risk management plans. Learn to prepare preventative, mitigating, and contingency plans. To succeed, you must come to grips with key estimating principles and processes, plus a variety of techniques for short-range (tactical) and long-range (strategic) estimating. Practice down-to-earth techniques for estimating C8project time, resources, and budget in several challenging exercises.