Learn Risk Management and Risk Assessment Case Studies

Name: Learn Risk Management and Risk Assessment Case Studies
Rating: 4.0 (102 reviews)

Risk Introduction, Risk Assessment, Risk Identification, Risk Impact Analysis, Operational Risk Management.

Created byYasir Wahab

Last updated 1/2023

English

English [Auto],

What you'll learn

Introduction to Advance Project Management and Its Classification
Introduction to Risk Management and Risk Monitoring
Risk Identification and its Different Frameworks
Risk Quantification and Its Impact on Project
Risk Monitoring and Response System and Its Applications

Course content

1 section • 10 lectures • 1h 59m total length

Introduction to Project and Course Advance Project Studies3:22
Join this advanced course on project management and risk management to learn risk identification, planning, quantification, personalized risk response systems, and in-depth risk case studies.
What is Advance Project Studies and Its Detailed Analysis.11:00
Explore advanced project management and risk management fundamentals, including initiation, planning, execution, monitoring, and contract administration. Learn how risk planning, cost control, procurement, and resource planning drive project success.
Introduction to Risk Management and Planning12:45
Explore risk identification, risk quantification, and risk monitoring and control in project planning, estimate potential losses, and balance outcomes using a food process plant case study.
Risk Identification and Its Frameworks11:22
Identify risks early using a structured framework that classifies internal, external, technical, and unforeseeable risks during project initiation through planning, with scope, budgets, and procurement as key factors.
Risk Identification and Its Frameworks (Part 2)18:33
Identify and classify risks using diverse frameworks tailored to business, IT, and project types; assess flags, quantify impact, and plan mitigations for grassroots teams.
Risk Quantification and Impact Analysis14:56
Quantify risk by measuring likelihood, hazards, and potential loss using models like EMV, assess impact and probability, set tolerance levels, and plan mitigation and monitoring to prevent hazards and disruptions.
Risk Response System and Monitoring.20:18
Learn how to implement risk monitoring and response plans—evasion, mitigation, acceptance, and deflection—plus continuous monitoring, maintenance strategies, and risk logging for effective project risk management.
Case Study for Risk Management and Risk Response System 19:48
A four-stage case study on risk management for a new production line, covering design and procurement risks, risk identification, quantification, control, and evading flawed design through precise data.
Case Study for Risk Management and Risk Response System 28:08
Assess outsourcing risks in procurement by selecting experienced vendors, ensuring coordination, and mitigating rework and delays; evasion, deflection, and mitigation protect 4% of project cost and timelines.
Case Study for Risk Management and Risk Response System 39:23
Identify risks in plant installation and commissioning, coordinate vendors and clients, and apply mitigation and acceptance strategies to minimize delays and costs.

Requirements

No experience needed, Personalities involved in executing project can learn risk and risk analysis.

Description

Introduction to Project and Advance Project Management Studies.
Defining Modification of Advance Project Studies as per Project Requirments.
Explanation of Initiation, Planning, Execution, Monitoring, and Completion and its Classification.
Introduction to Risk, Definition, and Introduction.
Classification of Risk Management with Examples.
Risk Identification and Its Structure.
Risk Quantification and Analysis of Risk Impact with Examples.
Risk Response Calculation and Analysis of Risk Response Methods.
Definition and Introduction to Risk Response Methods with Examples.
Operational Risk Management and Project Analysis.
Understanding how to Identify Risk Stage wise and Risk Planning.
Detailed Case study of Process Plant and Risk Identification.
Case study to Risk Impact Calculation and Risk Response.
Covering all Project Stages Initiation, Planning, Monitoring, Execution, and Completion, commissioning in Case Study.
Explanation of Risk Response Responsibilities of Project Manager or Project Executing Company.
Defining Risk Identification Framework with Complete Integration with Project Planning.
Discussing Risk Identification Aspects in all the stages as per Practical Example Design, procurement Installation, and Commissioning in Case Study.
Understanding Risk Response System and Methodology.
Understanding Risk Assessment Failure Ratio.
Quiz for Recalling the Course Outlines and Lectures Understanding.
Practicing all Aspects of Risk Assessment in Available Quizzes.
Discussing Risk Probabilities in IT, Medical, Mechanical, and Construction in detail.

Who this course is for:

Project Engineers, Project Managers, Project Based Companies