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Overview
Project risk management is vital for organizations as it proactively minimizes potential losses and ensures successful project outcomes, enhancing efficiency, stakeholder confidence and overall resilience. Are you ready to hone your professional project risk management skills and apply them to your current or future projects?
This course is based on the latest Project Management Institute’s (PMI’s) A Guide to the Project Management Body of Knowledge (PMBOK® Guide) and The Standard for Risk Management in Portfolios, Programs and Projects. The course focuses on advanced concepts and special techniques for effective project risk management.
You’ll start by exploring vital concepts and success factors of risk management and learning how to create a tailored risk management plan. Then, you’ll investigate a variety of methods to help you identify specific project risks, prioritize them and quantify the potential outcomes and impacts of significant risks. Finally, you'll learn how to plan and implement appropriate risk responses in a controlled way to ensure the successful achievement of your project’s objectives.
This course is ideal if you:
- are preparing for project management roles or enhancing skills to align with PMI’s standards and best practices
- are responsible for projects and want to implement effective risk management practices
- are pursuing PMI Certified Associate in Project Management (CAPM)® or Project Management Professional (PMP)® certification.
"PMI", "PMBOK", "CAPM", "PMP" are registered trademarks of the Project Management Institute, Inc.
Any industry-related experience you already have will be beneficial.
Upon successful completion of this course, you’ll be able to:
- create a tailored, project risk management plan that covers all relevant organizational parameters and sources of uncertainty
- develop a comprehensive list of project risks using a variety of different threat identification methods
- analyze risks for a case-study project using best practice qualitative and quantitative methods to prioritize the risks, support decision-making and estimate financial impact
- plan appropriate risk responses based on recognized threat and opportunity management strategies
- control project risks throughout the project lifecycle in collaboration with the team and project stakeholders.
You’ll demonstrate your skill and knowledge acquisition through four assignments. All coursework must be completed as per the course schedule and no later than the course end date.
To request a course outline, contact Continuing Education Advising.
This course may be used toward educational prerequisites for attaining PMI certifications or toward professional development units (PDUs) to maintain certifications. Additional education, exams and/or work experience requirements may apply.
Upcoming dates
Select an available section and add it to your cart. When you're ready, proceed to check out to sign into your student account and complete your registration.
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Registration for this course closes two days prior to the start date.
After you've completed this course
Upon successful completion of this non-credit course, you’ll receive an electronic copy of your official transcript. You’ll also be able to self-print a proof of completion document from your Continuing Education student account.
Micro-Credential
Aligned to current industry standards, SAIT’s micro-credentials develop practical, real-world skills and include competency-based testing. Earning a SAIT micro-credential demonstrates to employers you have the required competencies — both skills and knowledge — to get the job done.
Students who successfully complete this course with a final grade of A- (80%) or higher will earn a micro-credential and receive a shareable digital badge.
Costs
Textbook and reading list
Included in the purchase of this course, you’ll receive access to the free online version of the PMBOK® Guide (Seventh Edition) for the duration of this course.
Note: Optional - Purchase PMBOK® Guide (Seventh Edition) hard copy or e-book. Visit SAIT’s Bookstore's website to purchase the book.
Technology
To be successful in this course, you'll need:
- Access to your own computer or laptop with standard hardware/software requirements
- Internet access
A functional webcam and microphone are recommended to allow for a more collaborative learning experience.
Note: Bringing your laptop or tablet to class is optional but strongly recommended.
Financial support
Financial opportunities are available to help pay for your course fees. Learn more about how to reduce your education or training costs with available awards, bursaries, loans and grants including the Canada Alberta Job Grant.
Applicable certificates
This course applies to the following certificate programs:
- Certification type
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Certificate of Achievement
- Certification type
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Certificate of Completion
Train your team
Interested in group training opportunities for this course? Tell us about your organization's needs, and one of our training consultants will contact you within one business day.
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SAIT is located on the traditional territories of the Niitsitapi (Blackfoot) and the people of Treaty 7 which includes the Siksika, the Piikani, the Kainai, the Tsuut’ina and the Îyârhe Nakoda of Bearspaw, Chiniki and Goodstoney.
We are situated in an area the Blackfoot tribes traditionally called Moh’kinsstis, where the Bow River meets the Elbow River. We now call it the city of Calgary, which is also home to the Métis Nation of Alberta.