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Project Governance and Risk Management
Learn how to master project governance to elevate your risk management strategiesPreview the first lesson free — get full access to all 6 lessons.
Essential Provider : Chris Times 6 Lessons · 18m in Arabic, English, Spanish
Course Description
In project management, governance influences ethical stakeholder behavior, supports risk management, addresses issues, facilitates critical decisions, and ensures compliance with project requirements. In this Project Governance and Risk Management course, we’ll cover effective methods for managing project uncertainties, showing how risk management prevents negative outcomes and boosts project success.
You'll learn best practices and tools for integrating governance with risk management, helping your projects meet and exceed expectations. You'll also explore methods for managing inherent project uncertainties. These strategies will help you avoid pitfalls and create more opportunities for success. By the end of this course, you'll be equipped to navigate the complexities of project governance and risk management confidently.
What You'll Learn
- Distinguish between project risks and issues and recognize common project issues
- Identify, track, and address risks and issues throughout a project
- Apply strategies and frameworks for project decision-making, including high-risk scenarios
- Integrate governance with risk management using best practices and tools
- Understand the importance of ethics and integrate it into project governance
- Identify project requirements and ensure compliance with regulatory requirements
Key Takeaways
- Project governance influences ethical stakeholder behavior, supports risk management, addresses issues, facilitates critical decisions, and ensures compliance with project requirements.
- Effective risk management prevents negative outcomes and boosts project success by managing project uncertainties.
- Integrating governance with risk management helps projects meet and exceed expectations.
- Managing inherent project uncertainties helps avoid pitfalls and creates more opportunities for success.
- Project governance plays a role in meeting compliance and regulatory requirements.
Frequently Asked Questions
What will this course teach me about risks and issues?
It covers the difference between risks and issues, how to identify common project issues, and ways to identify, track, and address both risks and issues.
Does this course address ethics and compliance?
Yes. It covers the importance of ethics and how to integrate it into governance, as well as how to identify requirements and ensure compliance with regulatory requirements.
What topics are covered in the lessons?
Lessons include an Introduction, Integrating Governance and Risk Management, Project Governance and Ethics, Project Decision-Making in High-Risk Scenarios, The Role of Project Governance in Compliance and Regulatory Requirements, and a Test Your Knowledge assessment.
What skills will I gain from this course?
The course develops skills in Problem Management, Project Management, Project Risk Management, and Strategic Decision Making.
What will I be able to do by the end of the course?
By the end, you'll be equipped to navigate the complexities of project governance and risk management confidently, using best practices and tools to integrate governance with risk management.
Professional Certifications and Continuing Education Units (CEUs)
Project Management Institute (PMI®)
Professional Development Units (PDUs): 0.5
KnowledgeCity has been reviewed and approved by the PMI® Authorized Training Partner Program. Users can maintain your PMI credentials by earning PDUs from KnowledgeCity qualified courses in Project Management, Business Management, Leadership and many others.
Society for Human Resource Management (SHRM®)
Professional Development Credits (PDCs): 0.5
KnowledgeCity is approved by SHRM as a Recertification General Provider to offer SHRM-CP or SHRM-SCP professional development credits (PDCs). By taking the courses approved by SHRM, KnowledgeCity can award SHRM Professional Development Credits (PDCs) for HR knowledge and competency programs related to the SHRM Body of Applied Skills and Knowledge™ (the SHRM BASK™).
