Project Risk Management

All projects start with uncertainty, creating wide-ranging consequences from unmet plans to total organizational failure. Nearly all projects are conducted in some form of a regulatory environment. But regulation alone cannot assure success. Ongoing research shows that risk management is still a frequently neglected area of planning, including in regulated environments such as healthcare, medical devices, and pharmaceuticals. This course examines a framework that may be applied to any projects and other initiatives to scale risk management best practices quickly. Through instruction and realistic, scenario-based assignments, students are introduced to organized and practical approaches to manage project risks and improve overall project outcomes.

During this course, participants will learn to:

• Understand the importance of risk management for both project and organizational success.
• Evaluate and analyze risks for probability and impact, and document them in a prioritized risk register.
• Understand, use, and tailor a framework for risk management.
• Apply scalable templates for risk management plans, risk assessment workshops, risk registers, and risk assessment matrices for initiatives.
• Determine risk mitigations and contingencies for both cost and time.
• Apply some common tools and techniques for all stages of risk management.
• Apply a seven-step qualitative risk response planning process to guide key management decisions.
• Understand how to implement approved responses to project risks.
• Improve the ability to monitor, detect, and respond to risk events.

Important note: Students should complete Project Management Essentials, Project Management Essentials in Science and Technology, or Project Management Boot Camp before enrolling in this course. Individual exceptions can be made based on previous experience and knowledge. Please contact projectmanagement@ucsd.edu request an exception.

Other Credits: 18 hours of continuing education credit.

Note: Students should complete Project Management Essentials, Project Management Essentials in Science and Technology, or Project Management Boot Camp before enrolling in this course.

Course Number: BUSA-40971
Credit: 2.00 unit(s)
Related Certificate Programs: Project Management

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4/24/2023 - 6/3/2023

$635

Online

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• SECTION ID:

  172388

• CLASS TYPE:

  Online Asynchronous.
  
  This course is entirely web-based and to be completed asynchronously between the published course start and end dates. Synchronous attendance is NOT required.
  You will have access to your online course on the published start date OR 1 business day after your enrollment is confirmed if you enroll on or after the published start date.

• INSTRUCTOR:
  

  Frohnhoefer, Ray, Managing Partner, PPC Group, LLC

  Ray W. Frohnhoefer is an executive with strong project management skills, a methodologist, and a creative inventor and entrepreneur. His key leadership qualities have enabled him to save companies millions of dollars by efficiently making complex decisions and getting things done, even under pressure. His mission is to improve the practice of project management. Frohnhoefer is an active PMI member and volunteer with specialties in project, program and portfolio management; strategic planning; methodology and framework development; requirements and product development; PM maturity assessment; and business process improvement.    

• TEXTBOOKS:

  REQUIRED

  Risk Assessment Framework: Successfully Navigating Uncertainty 2nd
  by Ray W. Frohnhoefer
  ISBN / ASIN: 9780989377072

  You may purchase textbooks via the UC San Diego Bookstore.

• POLICIES:

  No refunds after: 5/1/2023.
  

• NOTE:

• DATE & LOCATION:

  4/24/2023 - 6/3/2023
  extensioncanvas.ucsd.edu
  You will have access to your course materials on the published start date OR 1 business day after your enrollment is confirmed if you enroll on or after the published start date.