Managing Risk & Making Decisions

How to prepare for and deal with risk

A 2-day, 14 PDU (1.4 CEU) instructor-led program

For full details and 2-day agenda, download flier (PDF)

As you become more skilled at understanding the elements of risk, you can minimize its disruptive effect. Effective front-end planning can decrease the possibility of risk, and on-going risk management provides the environment to make the decision-making process easier if risks do occur. To provide you with tools to help you control the risks on your projects, we developed Managing Risk and Making Decisions, a two-day course that is part of our Project Management Certificate Program.

You will learn how to measure the severity of the risk, how to develop a plan to respond to the risk, and how to keep the risk from recurring or becoming worse. There’s both uncertainty and opportunity with all risks − this course will help you explore that relationship and develop your own tools to understand and use risks effectively. Our exciting interactive simulation, Stays & Days© & Dragons, lets you apply risk management measures to your own projects.

This program was developed by a New Leaf executive who was a contributor to early editions of The Project Management Body of Knowledge (PMBOK® Guide), the industry standard published by the Project Management Institute (PMI®). It is a highly interactive course, yet follows a well-defined process. During these sessions, you will use real projects that you and your peers are working on – effectively advancing your projects while learning. You will leave each program saying, “I can apply this to my project immediately!”

Upon completion, you will be able to:

  • Define project risk and risk management
  • Identify project risks that merit attention
  • Write a risk description that gets senior management attention
  • Create a Risk Plan based on a real project
  • Use range estimates to create reasonable cost and schedule targets
  • Use quantitative and qualitative tools for risk planning
  • Make good decisions under certain and uncertain conditions
  • Recognize conceptual biases that can interfere with good decision-making
  • Apply risk management measures to your own project plans
  • Manage and control risk during the project