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Risk Management for IT Professionals
… Predicting and managing risks in Information Technology Environments
IT projects may have direct bottom-line impact on the
organization, cost millions of dollars, and cause organizational
change and change the way the organization is perceived by
clients. Many IT projects are notoriously hard to predict and
are filled with risk. IT risk management takes comprehensive
look at IT project risk management using A Guide To The Project Management Body Of Knowledge (PMBOK® Guide) The Project Management Institute, Inc., 2008 Risk Management Model in the context of IT project Life cycle
phases.
The goal of this course is to aim the practitioner with
rigorous, best practices approach to addressing uncertainty in
projects. This approach includes the ability to influence
project outcomes, avoid many potential project risks and be
ready to calmly and effectively respond to unavoidable
challenges.
Prerequisite
Good understanding of project management
Course Level
Intermediate
Duration
2 Days
Who should attend?
- IT Managers, IT Project Leaders, and IT Project/Program
Managers
- Business Analysts, System Analysts, and other IT
professionals who are responsible for the planning,
controlling and risk
- Project coordinators and liaisons that represent non-IT
organizations in IT projects
Participant is expected to have basic knowledge of PM concepts
and techniques. And, 1-3 years into IT projects environment.
Performance Focus
- Assess project risk more effectively, avoid and mitigate
risks in project performance and learn from your experience
so future project performance continuously improves.
- Identify risks, evaluate those risks from multiple
perspectives, and qualitatively and quantitatively determine
which risk responses and mitigation strategies are most
appropriate and how to control project risk throughout the
project life
What You Will Learn
- Describe the risk management process, using PMBOK ®
Guide 4th Esition standard models and terminology
- Discuss the potential barriers to managing risk
effectively in IT project organizations.
- Develop an effective risk management plan for IT
projects
- Identify project risks using IT-specific, practical
tools
- Analyze individual risk events overall project risk
using IT-specific, practical approaches
- Plan effective responses to IT-specific risk based on
the results of risk analysis and integrate risk responses
into project-schedules and cost estimates
- Manage and control risk throughout the IT project life
cycle
Content
Basic Outline of the course:
Foundation concepts
Basic concepts and purpose
Risk and the triple constraints
Risk and corporate cultures
Risk management and IT PLC standards
Risk Management Planning for IT
Projects
Risk management and planning projects
Risk management and planning activities
a. Designed a standard template
b. Tailor the template
c. Assess the project-specific needs
d. Produce a project-specific risk management plan
e. Gain consensus and submit as part of overall project plan
A risk management plan of IT projects
Risk Identification for IT Projects
Risk identification for process overview
Risk categories and examples
Risk identification tools
Risk events by project life cycle phases |
Risk Analysis for IT Projects
Qualitative risk analysis overview
Core qualitative for IT projects
Auxiliary qualitative tools for cost and schedule estimates
When to use quantitative analysis for IT projects
Risk Response Planning for IT
projects
Risk response planning overview
Active risk response strategies for IT projects
a. Avoidance
b. Mitigation
c. Transference
Acceptance and contingency reserves
Contingency planning for IT projects
Risk responses plan for IT projects
Risk Monitoring and Control for IT
Projects
Risk monitoring and control overview
Risk monitoring and control tips for It projects
Earned value management system
Technical performance measurement systems
Risk management implementation for IT projects
Recap & Closing |
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