Risk Control for Projects

Every business involves managing risk. In fact, risk control starts with the business organization. Risk is also a part of every project. Project risk is simply a microcosm of the overall challenge of managing business risk before tackling project risk. The fate of every project lies first in the capacity of the organization to create conditions for success. Controlling risk is a critical skill for every project manager. Risk Control for Projects is a course that will describe the essentials of controlling project risk for organization and for portfolios, programs and projects. This course will augment the information presented in the PMBOK Guide – 6th Edition by providing an overview of the function that risk control provides for business organizations and for project work. This course will focus on both financial and human-related risks due to their high financial costs and the need to control these costs during a project. This course will also describe the importance of crisis management to address situations where monitoring risks requires fast solutions. Finally, this course will describe the importance of monitoring risk control programs.