Learn what steps it takes to manage risk while a project is underway.
- [Voiceover] When you developed your Risk Management Plan,…you identified the risks to monitor…and the response you would use to handle them.…Now that the project is underway,…you need to keep your eyes peeled…for those risks becoming reality.…And if they should, you jump into action…with the appropriate response.…In the Risk Management Plan,…each risk you decided to track has an owner assigned.…That person's job is to keep an eye…on their assigned risk and regularly update risk status.…
Let's take a look at what owning a risk means in detail.…First, implement proactive risk responses.…That means, you take steps to avoid, mitigate,…transfer, or plan contingencies for the risk…before it occurs.…If the risk is positive, take steps to enhance…the good things that could happen.…Second, watch for signs that high priority risks…are unfolding.…Also watch for the events that trigger a contingency plan.…
If a risk occurs,…launch the response you chose in your plan.…Then, track the results of the response.…Finally, regularly report risk status…
Bonnie Biafore has always been fascinated by how things work and how to make things work better. In this course, she explains the fundamentals of project management, from defining the problem, establishing project goals and objectives, and building a project plan to managing team resources, meeting deadlines, and closing the project. Along the way, she provides tips for reporting on project performance, keeping a project on track, and gaining customer acceptance.
Lynda.com is a PMI Registered Education Provider. This course qualifies for professional development units (PDUs). To view the activity and PDU details for this course, click here.
The PMI Registered Education Provider logo is a registered mark of the Project Management Institute, Inc.
- Defining the components of a project
- What it takes to be a project manager
- Using project management software like Microsoft Project
- Managing project scope, budget, and schedule
- Managing project resources, including people
- Managing project risk
- Initiating a project
- Identifying and managing stakeholders
- Identifying requirements and deliverables
- Developing a project plan
- Building a project schedule
- Assigning resources to tasks
- Understanding the critical path
- Running the project
- Managing teams
- Monitoring performance
- Closing a project
Skill Level Beginner
Project Management Foundations: Communication (2014)with Doug Rose1h 47m Intermediate
1. Getting to Know Project Management
2. Exploring Project Management Knowledge Areas
3. First Things First
How to develop requirements4m 19s
4. Developing a Project Plan
5. Building a Project Schedule
6. While You Run the Project
7. Working with Teams
8. Monitoring and Controlling Progress and Performance
9. Closing a Project
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