Risk Management

Foundations of Risk Management :

•Definition and characteristics
•Elements and factors of risk
•Types of risk
•Components of risk management

Establishing An IT Risk Management Process:

•Risk Management Planning
•Identifying, analyzing, and prioritizing risks
•Planning, executing, evaluating for risk response

Planning and Identifying Risks:

•Risk identification
•Idea generation tools and techniques
•Business versus pure risks
•Fianancial, schedule, technical, and legal risks

Performing Risk Assessment:

•Determining risk tolerances
•Analyzing risks
•Establishing and evaluating profitability
•Expected value analysis
•Probability analysis
•Risks versus opportunities
•Prioritizing risks

Developing Risk Responses:

•Risk response strategies
•Risk acceptance, avoidance and mitigation
• Establishing reserves

Implementing Risk Responses:

•Communicating risk issues
•Documenting Risk Management practices
•Reassessing risk
•Decision-making processes

Risk Application:

•Statistical analysis
•Risk simulations and tools

Workshop Length: 1 day

Course Description:

In this Hands-On course, attendees will learn how to plan, allocate and manage costs, resources and performance throughout the life of any project. The course covers techniques especially applicable to small and mid-sized projects. Milli Micro Systems, Inc. can help your you current and future project managers attain that high level of readiness your looking for. This course helps to introduce individuals to some of the critical fi elds of project management that pertain to some of the most highly competitive industries.
With onsite courses your company will eliminate travel expenses and keep your time away from the office to a minimum. Milli Micro Systems is not only dedicated to teaching excellence, but is dedicated to supporting your needs by providing flexibility, convenience, and time and cost savings.

Milli Micro Systems Inc. is a Project Management Company dedicated to providing Management, Training, and Information Technology solutions for government and private sector entities that require specialized needs and intricate Program Management. Since 1993 Milli Micro Systems Inc. has provided excellence in Specialized Training by minimizing the learning curve and maximizing the impact of our teaching on our students. Whether your organization needs one course or a specialized certifi cate program, you’ll enjoy our ability to customize delivery.

MMS is 8(a) and Hubzone Certified by the SBA