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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
   
 

Email at
sujala@pmpulse.net
or
Call +91 9902070483
to book this course
   
       
                     

 

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