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PM Skills®: Embracing Risk and Uncertainty

This web-based, self-paced course can be accessed through the Procurement U Learning Management System (LMS).
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Delivery Method:

Web Based Training (WBT) - Self Paced

Contact Hours:

3

Registration:

$42.66

Type: self-paced, online Access Time: 365 days from enrollment

Description:  In many organizations, risk and uncertainty are seen as threats that must be planned for, controlled, and (if possible) eliminated entirely. But, are risk and uncertainty inherently bad? Couldn't they be opportunities to reimagine things and create a powerful new approach? This self-paced, fully online course will help you view risk and uncertainty as a possibility instead of a danger. You'll see uncertainty as a way to examine and improve on existing conditions, opening up new possibilities or pathways that will help you achieve your goals. And for those risks that truly are threats, you'll develop a risk mitigation approach that will help you address problems and potentially uncover skills and abilities you can transfer to other areas of work to improve outcomes and results.

Learning Objectives: 

  1. Define risk and uncertainty in the context of project management
  2. Embrace uncertainty and view change as an opportunity
  3. Establish a basic risk management process and describe specific risk reduction strategies
  4. Create a risk management framework to help identify, categorize, manage, and document project risks
  5. Recognize how the potential impact of risk can increase or decrease over a project's life cycle
  6. Assess and describe a stakeholder's risk appetite and/or risk tolerance
  7. Distinguish between positive and negative risks and employ strategies for handling each type
  8. Apply adaptive risk management decision-making strategies
  9. Describe the importance of contingency plans and determine potential fallback strategies

Contact Hours: This course is worth three (3) hours of continuing education credit

CEUs: .3

Key Features:

  1. Mobile-friendly
  2. Audio-enabled
  3. Badge and credit-awarding
  4. Real-world case studies
  5. Fully accessible
  6. Games & Flashcards
  7. Expert-supported
  8. Video content

Refund Policy: You may request a refund up to 7 days from the purchase date. The registration fee will only be refunded if less than 10% of the course has been completed. Completion percentage can be viewed on the Course Progress page from within the course.

Notes:

Estimated time to complete: 3 hours

This course has an "Ask the Expert" feature, which submits your questions directly to an expert in the field you are studying. Questions are answered as quickly as possible and usually within 24 hours.

Learners must achieve an average test score of at least 80% to meet the minimum successful completion requirement and qualify to receive IACET CEU credit. Learners will have three attempts at all graded assessments.

Young and old businessmen

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