Crash Course on Risk Identification

Name: Crash Course on Risk Identification
Rating: 4.4 (114 reviews)

Created byRicardo Viana Vargas

Last updated 10/2023

English

ArabicEnglish

What you'll learn

What is a risk (threats and opportunities)
What are the 5 information gathering techniques to identify risks
How to use brainstorming to identify risks
What is Nominal Group Technique and Crawford Slip
What are the 2 analytical techniques to identify risks
How to make the review of documentation to identify risks
The benefits and challenges of each of the seven techniques to identify risks
How to write a clear risk description that can be shared

Course content

4 sections • 18 lectures • 1h 2m total length

1.1 - Course Overview2:11
Explore the basic concept of risk, five information gathering techniques, two analytical techniques, and how to write a risk with a specific format across project management, operations, and financial services.
1.2 - What is a Risk?4:16
Identify risk as an uncertain event that may affect a project positively or negatively. Use three components—event, probability, and impact—and a 2x2 matrix to map outcomes.
1.3 - Risk Characteristics7:13
Learn that risk is situational and context-dependent, not a fixed problem, and that risks are interdependent and interconnected, with perception shaped by magnitude and time.
Ricardo Vargas Bio (Optional)7:15
Explore how a passionate project management practitioner leverages PMI, PMBOK, and Microsoft Project to lead capital projects, publish books on earned value management, and share knowledge through online courses.
Assessment Part 1

2.1 - Interview4:51
Identify technical risks using information gathering, with the interview as the primary method to gather expert input outside the team, and outline scope, facilitator, interviewee selection, questions, collection, and review.
2.2 - Delphi Method7:25
Delphi method gathers anonymous expert input through rounds to reach consensus on risk issues when views diverge. Define scope, facilitators, participants, and questions, then share feedback until consensus is reached.
2.3 - Nominal Group Technique6:09
Master the nominal group technique, an individual brainstorm with structured, group-based prioritization; define the scope, choose a facilitator, use 4–6 participants, then rank and compile the final risk list.
2.4 - Brainstorming4:03
Learn a fast, structured brainstorming approach for risk identification, with small groups, a strong facilitator, clear scope, rapid capture of ideas, and immediate documentation into the risk register.
2.5 - Crawford Slip5:14
Discover Crawford Slip, a rapid risk identification method using color-coded post-its and one-minute rounds to generate and consolidate many risks into a risk register.
Assessment - Part 2

3.1 - Documentation Review2:25
Identify risks through documentation review using historical information and organizational process assets. Define scope, benchmarks, and lessons learned to identify and compile risk lists.
3.2 - Analogy2:30
Use analogy as an analytical tool rooted in historical project data to identify risks by comparing apples with apples and adjusting them to your current scenario.
3.3 - What is the Best Technique0:57
Identify risks using a Swiss Army knife approach, leveraging seven processes like Crawford Slip, brainstorming, and Delphi based on the situation.
Assessment - Part 3

4.1 - How to Write a Risk5:20
Learn to write risks as statements, not questions, by clearly describing the problem and its impacts on events and audiences, and by outlining response options.
4.2 - Course Conclusion1:04
Identify risks using seven simple techniques you can apply in projects, operations, and daily life. Use a sheet of paper, a pen, or post-it notes to capture insights.
4.3 - An invitation to you from Ricardo Vargas1:06
Register for the new PMBOK-based course to master the 49 project management processes through 52 lessons, videos, interactive lectures, exercises, and assessments.
Assessment - Part 4
Your Feedback0:12
PDU Report0:13
Your Certificate and Badge0:31

Requirements

No requirements is necessary

Description

In this crash course, you will learn a practical process to identify risks in your project or any other work, being able to understand the dual nature of risks that includes not only threats, but also opportunities.

You will learn seven different techniques to identify risks depending on the type of information you have available. You will also learn how to master the writing of a risk description.

The course was recorded in English with subtitles in English, Brazilian Portuguese (Português do Brasil), Spanish (Español), Arabic (عربى) and Simplified Chinese (中文).

The full course has 11 lessons covering 2 hours of content. We expect you to finish the course in 4 days or less, by watching 30 min each day.

What will you learn?

What is a risk (threats and opportunities)
What are the 5 information gathering techniques to identify risks
How to use brainstorming to identify risks
What is Nominal Group Technique and Crawford Slip
What are the 2 analytical techniques to identify risks
How to make the review of documentation to identify risks
The benefits and challenges of each of the seven techniques to identify risks
How to write a clear risk description that can be shared

Curriculum:

1. Introduction
- 1.1 - Course Overview (2:07)
- 1.2 - What is a Risk? (4:12)
- 1.3 - Risk Characteristics (7:09)
- Ricardo Vargas Bio (Optional) (7:11)
- Slide Deck - Part 1
- Assessment - Part 1
- Podcast (Optional) - What is the difference between managing a risk and managing an issue?
- Podcast (Optional) - Urgency and Trend: Two Additional Dimensions in Risk Assessment
- Podcast (Optional) - What is Possible to Learn in Risk Management from the Tragedy in Japan
2. Information Gathering Techniques
- 2.1 - Interview (4:47)
- 2.2 - Delphi Method (7:21)
- 2.3 - Nominal Group Technique (6:06)
- 2.4 - Brainstorming (4:00)
- 2.5 - Crawford Slip (5:11)
- Slide Deck - Part 2
- Assessment - Part 2
- Podcast (Optional) - Understanding the Delphi Technique
3. Analytical Techniques
- 3.1 - Documentation Review (2:21)
- 3.2 - Analogy (2:26)
- 3.3 - What is the Best Technique (0:53)
- Slide Deck - Part 3
- Assessment - Part 3
- Podcast (Optional) - How Different People See the Risk in Different Ways
4. How to Write a Risk
- 4.1 - How to Write a Risk (5:17)
- 4.2 - Course Conclusion (0:59)
- 4.3 - An Invitation to you from Ricardo Vargas (1:01)
- Slide Deck - Part 4
- Assessment - Part 4
- Full Set of Course Slides
- Podcast (Optional) - Understanding the Risk Attitude
- Podcast (Optional) - Importance of Monitoring and Controlling Risks

Who this course is for:

Project managers, risks managers, project team members, planners, and others stakeholders interested in the risk management process.
For all levels

Crash Course on Risk Identification

What you'll learn

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Course content

Introduction4 lectures • 21min

Information Gathering Techniques5 lectures • 28min

Analytical Techniques3 lectures • 6min

How to Write a Risk6 lectures • 8min

Requirements

Description

Who this course is for: