Project Risk, Uncertainty & Decision Analysis

Training course overview

“Project managers are the most creative professionals in the world; we have to figure out everything that could go wrong, before it does”

Project management professionals are increasingly required to make business decisions under pressure in complex, uncertain and highly dynamic situations. This Coventry Academy online training course will look at a number of advanced concepts in Project Management and Risk Management that will enable the participants to deal with the ever-changing business environment and to apply a proven systematic approach to the project management process to facilitate effective and efficient achievement of business objectives. It will include tips, techniques and strategies to assist this process, including the establishment of a project plan, a risk management strategy and a stakeholder management strategy for a project.

What are the goals?

This Coventry Academy online training course aims to enable participants to achieve the following critical objectives:

• Obtain a Fundamental Understanding of Project Management Concepts
• Prepare and Execute an Effective Project Plan
• Identify and Analyse Project Risk
• Apply Effective Strategies to Address Typical Project Issues

Who is this training course for?

This Coventry Academy online training course is suitable to a wide range of professionals but will greatly benefit:

• Professionals Who Make or Support Project Decisions and Would Like to Be Able to Develop and Justify Effective Solutions  
• Project Management Professionals and Supporting Personnel
• Internal Auditors and Management Accountants

Course Outline

Amongst a wide range of valuable topics, the following will be prioritised:

• Fundamentals of Project Management and Decision Analysis
• Project Initiation and Definition; Determining Project Objectives and Scope, Priorities and Constraints
• Problem Solving and Decision Making During Project Planning, Estimating and Scheduling
• Using Analytical Tools to Help Make Effective Decisions Under Certainty, Risk and Uncertainty
• Contemporary Concepts in Project Risk Management
• Project Monitoring and Control; Earned Value Analysis
• Establishing Effective Team Processes for Communication and Decision Making
• Managing Stakeholder Expectations
• Decision Making to Address Project Creeps and Time Delays
• Project Evaluation and Benefit Realisation

The certificate

• Coventry Academy e-Certificate of Attendance will be provided to delegates who attend and complete the course