Critical Thinking, Innovation, Research and Development, Commercialization

Risk Management for Projects

Learn how to manage risk in your organization by using the best processes and procedures.

About this course

Risk management is a process used for the identification, assessment and analysis of potential risks to an organization or project. This process enables you to develop the most appropriate risk response.

Estimated 5 weeks

2-3 hours per week

Self-paced

Progress at your own speed

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In the Risk Management for Projects course, you will learn the fundamentals of risk management, as well as how to apply a risk management process in a project-based setting. Risk management is an iterative process and you will learn how adopting key procedures can help you maximize opportunities and minimize negative impact on your project objectives.

To deliver a project successfully, it’s important to start by clearly identifying what the project is, and what its outcomes will be. In the course, we will show you practical ways to explore and understand your goals from the outset of your project, and to consider all the factors that may affect its execution. Step by step you will learn how to plan, scope, schedule, cost and manage your project from beginning to end. Since every project relies on the people who are delivering it, the course also enables you to explore how you can effectively communicate, manage people and employ leadership skills to successfully deliver your own project.

In Introduction to Project Management, you will learn practical ways to use project management skills, whether your project is large or small. Join us to explore how you can benefit from using project management techniques in your own projects.

In this course, you will further upskill through the application of the risk management canvas, which is a framework that enables you to manage risk within your own environment. It will immerse you in the concepts of risk management and help you to apply the key processes.

Practical activities through the course will allow you to apply the knowledge you learn as each week focuses on a key stage of the risk management process. The theories and practices taught in the course can easily be applied to any project, organization or business environment.

Risk Management for Projects is brought to you by the same team that developed the highly successful Introduction to Project Management MOOC, and builds on risk management for projects introduced in that course.

Participating in this course will ensure that you gain the know-how to reduce your project and organizational risk in the future.

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What you’ll learn

  • How the risk management process works as part of a compliance framework
  • Use of frameworks to identify, assess and analyse risks in a business context
  • Application of appropriate risk responses
  • Design and integration strategies for reporting and communicating risks to various stakeholders
  • Use of a monitor and review process, and application of risk management as an iterative process

At a glance

  •  Institution: AdelaideX
  • Subject: Business & Management
  • Level: Introductory
  • Prerequisites: None
  •  Langauge: English
  • Video Transcript: English
  • Associated programs: Professional Certificate in Fundamentals of Project Management

     

About the instructors

Frank Schultmann

 

Professor in Complex Project Management at The University of Adelaide

About the instructors

Noel Lindsay

Pro Vice-Chancellor, Entrepreneurship at The University of Adelaide

Anton Jordaan

Adjunct Associate Professor at The University of Adelaide

Ways to take this course

Choose your path when you enroll 

Price

Verified Track

    $249 usd

Access to course materials

Unlimited

World Class institution and universities

edx suppport

Shareable certificate upon completion

Graded assignments and exams

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