Project Risk Management: Effective Decision Making Strategies Professional Certificate

What you will learn:
- Understand the fundamentals or risk and how to develop a proper assessment of risk using expert judgement.
- Gain the skills in modeling budgets and project schedules with uncertain values for cost, duration, and resources.
- Apply simulation in evaluating projects and their potential for positive return on investment under uncertainty.
- Understand decision making theory and the application of both cognitive science and economics in our thinking about projects.
- Know how to apply risk transfer and insurance to reduce owner and vendor risk through financial markets.

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Developing the Risk Management Plan with Expert Judgement (edX)

Every project faces risk. The project risk management plan (PRMP) is the fundamental instrument for identifying risks, managing, and responding. Projects based on new technology or new markets face the chance of those opportunities failing in some way. Learn how to leverage expert judgement to properly formulate a winning [...]

Risk Models for Project Managers: Monte Carlo and Beyond (edX)

Learn the risk manage tools that provide powerful insights into evaluating a project at each stage of its lifecycle to find strategies that work best for the stakeholders. Simulating budget and schedule risk across potential scenarios provides a clear decision space for project managers and maximizing [...]