Risk Management in Development Projects (edX)

What will you be able to do by the end of the course?

- Identify risks in scenarios of uncertainty

- Determine who can help you

- Understand how to manage risks in settings with limited resources

- Develop risk response strategies

- Monitor and update risks throughout the life of the project

This course is part of the Results-Based Project Management Professional Certificate.

Who is this course for?

- Project managers or supervisors

- Project team members

- Funders and financiers

- Public officials from national, subnational, and municipal entities

- Professionals from different fields who help develop and execute projects

- Professionals Interested in risk management in development projects

By taking this course you will have the opportunity to share your knowledge and experience with other participants. There will be a case study through which you will be able to apply best risk-management practices to a project and you will also carry out practical exercises that will help you understand key concepts.

What you'll learn

- Identify the main stages involved in preparing a risk management plan for development projects following theIDB’s methodology, which is based on PMI’s international standards, to successfully achieve expected results and impacts.

- Recognize the process of identifying risks that may affect the project and documenting their characteristics to facilitate risk analysis and subsequent management.

- Recognize the main elements of the risk analysis process and evaluating and combining risks’ probability of occurrence and impact to prioritize them.

- Recognize risk management strategies that allow for managing opportunities and threats that could impact the project’s objectives.

- Recognize the main elements of the risk monitoring process and continuously optimizing responses to improve efficiency when managing the project life cycle.