Master of Business Administration in International Management - MBA

Course Description

MGMT X474.1: Project Risk Management (1.5 credits)

Note: All courses carry three (3) credits unless otherwise stated.

Project managers must take a critical approach to managing risk to be successful.

This course provides an in-depth examination of the process of identifying and applying risk management principles and techniques to projects. The course emphasizes techniques that are widely applicable in project management environments to facilitate better decision-making. These include both subjective and quantitative analytical methods and their interactions with other project management areas of knowledge according to the latest version of the PMBOK Guide®.

Participants will discover strategies used by successful project managers to recognize, assess, and mitigate project risk including risk identification, risk response development, monitoring and control, risk source/driver identification, and risk prioritization and categorization. They will gain a practical understanding of the significance of project risk management for business success through team projects, risk analysis exercises, case studies, and summary presentations.