Projects today often trend toward ever-increasing levels of uncertainty, complexity, and ambiguity, requiring more sophisticated approaches and techniques to effectively manage them.
This course explores various approaches, philosophies, and techniques for successful management of project risk and complexity.
During this class, we'll cover the following topics:
- Processes and techniques for risk planning
- Risk identification and analysis
- Response planning and control
- How to define, identify, and categorize different levels of complexity
- Historical approaches to complex projects
- A framework for managing projects in varying complexity regimes
- Managing project sponsorship
- Stakeholder analysis and communication
- Techniques for managing large, highly uncertain, and "edge of chaos" projects
Course content follows the Project Management Institute's (PMI®) Guide to the Project Management Body of Knowledge (PMBOK® Guide).
- Identify risks, both positive and negative, and understand their potential impact on project results
- Implement effective risk analysis techniques
- Facilitate team-oriented risk processes
- Lead effective risk management throughout the project lifecycle
- Define complexity in a project environment
- Recognize categories of uncertainty in projects
- Understand the difference between project, program, and product management
- Understand what drivers are present today that lead to complex projects
- Know various historical and current approaches to managing complex projects
- Apply techniques to large and highly complex projects
- Recognize the importance of and effectively manage project sponsors
- Deal with the inevitable politics associated with high-stakes, high dollar value projects
- Overcome cultural challenges associated with global multicultural and diverse project teams
- Use a set of mobilizing skills to keep team members focused on project objectives and outcomes that will lead to success and ultimately to long-term competitive advantage in the marketplace
- Understand how to identify and deal with complexity in projects that you manage
Who Should Take this Class?
- Students who are interested in continuing to build upon what they learned in Foundations of Project Management
- Project managers, program managers, executives, sponsors, and team members who desire to understand how to successfully manage risk and complexity in today's highly uncertain world of projects
- Functional managers who support project resources
- Professionals who desire a career in project management