PMG205 Risk Management
PMG205 Risk Management
Project risk management is a critical component of successful project planning and delivery.
In this course, you will learn how to identify, analyze, and respond to potential risks that could impact project objectives, timelines, or budgets.
Throughout this course, you will develop skills in risk identification techniques, qualitative and quantitative risk analysis, and risk response strategies.
The course covers key topics such as risk registers, probability and impact assessment, and risk mitigation planning.
Through a combination of lectures, case studies, and hands-on projects, you will gain practical experience in applying risk management principles to real-world scenarios.
You will also learn how to use common risk management tools and software to support decision-making processes.
This course will equip you with valuable skills that are highly sought after in various industries, enhancing your ability to contribute effectively to project teams and manage complex initiatives in your future career.
DURATION
This course is worth two (2) semester credit hours
Assessment
Online Exam
- Description: The questions in the exam relate to the lecture content and readings.
- Weight: This assessment task is worth 10% of your final grade.
- Length: You have 90 minutes to complete the 50-question exam. You may reattempt it up to two times.
Discussion
- Description: Engage in an asynchronous, one-on-one discussion with your professor about the coursework and its implications for practice.
- Weight: This assessment task is worth 20% of your final grade.
- Length: Each contribution to the discussion should be between 50-100 words. The discussion will run for 5 iterations.
Report
- Description: Choose a topic from the list provided or suggest one to your professor that is relevant to the course.
- Weight: This assessment task is worth 35% of your final grade.
- Length: 1,000-1,500 words (excluding appendices and references).
Presentation
- Description: Live present your report, including findings and recommendations.
- Weight: This assessment task is worth 20% of your final grade.
- Length: 5-7 minutes.
Viva voce
- Description: Defend the findings of your report/presentation in the context of this course.
- Weight: This assessment task is worth 15% of your final grade.
- Length: 10 minutes.
Related Courses
- Pre-requisites – PMG101 Project Management
- Co-requisites – none
- Exclusions – none
Learning Outcomes
At the end of this course, you will be able to:
- Identify and categorize potential risks in various project scenarios using industry-standard risk identification techniques.
- Apply qualitative and quantitative risk analysis methods to assess the probability and impact of identified risks on project objectives.
- Develop appropriate risk response strategies, including avoidance, mitigation, transfer, and acceptance plans for different types of project risks.
- Create and maintain a comprehensive risk register, demonstrating the ability to document, track, and communicate project risks effectively throughout the project lifecycle.
Graduates of this course are eligible for the Professional Certificate in Risk Management from Cedar Mountains University.
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