This course applies risk management concepts to project execution and its organizational objectives. Students will create contingency plans for a project and its organization. Other topics include risk identification, qualitative analysis, quantitative analysis, response planning, monitoring & control, and proactive planning.
This graduate course is 6 weeks.
This course has a prerequisite. Please see details in the Prerequisite section below.
Attendance and participation are mandatory in all university courses, and specific requirements may differ by course. If attendance requirements are not met, a student may be removed from the course. Please review the Course Attendance Policy in the Catalog for more information.
- Explain the framework for risk identification.
- Describe fault tree and event tree risk identification techniques.
- Determine project risks.
- Identify elements used in documenting project risks.
- Evaluate risk scope and severity using qualitative analysis.
- Perform an overall risk assessment using a risk matrix.
- Calculate project risk factors.
- Quantify the risk matrix in terms of cost, schedule, and performance.
- Prioritize risk factors.
- Determine project risk management procedures.
- Determine responses to potential risks.
- Create risk action plans.
- Determine risk monitoring procedures and their links to other processes.
- Analyze project risk reporting requirements.
- Determine measures that can be used to mitigate risks.
- Devise a project risk management plan.
- Assess real-world risk management applications.
This graduate level course requires proof of completion of a Bachelor's degree. Be prepared to provide documentation during the checkout process.
During the checkout process you will be prompted to provide proof of the requirement(s). If you completed the prerequisite at another institution be prepared to upload an official/unofficial transcript. If you have questions about meeting the prerequisite requirements for this course please contact an enrollment representative at 866-345-1800.
The University of Phoenix reserves the right to modify courses.
While widely available, not all programs are available in all locations or in both online and on-campus formats. Please check with an Enrollment Representative.
Transferability of credit is at the discretion of the receiving institution. It is the student’s responsibility to confirm whether or not credits earned at University of Phoenix will be accepted by another institution of the student’s choice.
If you have a question contact us at 866-345-1800.