Deep Dive into Project Risk (2021 Update)

Expected Duration
Lesson Objectives
Course Number
Expertise Level


Managing risk is a significant part of the project manager's job. It involves planning for threats and opportunities, both known and unknown, and preparing a risk response that will keep the project on track.

In this course, you'll explore the planning and management of project risk from both traditional and Agile project management perspectives. You'll learn about tools like risk and sensitivity analysis, SWOT analysis, and expected monetary value (EMV), and the role of the risk owner. You'll also learn how risk audits and tolerance can help to avoid, share, and mitigate threats to you project. 

Expected Duration (hours)

Lesson Objectives

Deep Dive into Project Risk (2021 Update)

  • discover the key concepts covered in this course
  • identify commonly used risk management terminology
  • recognize the tools and techniques that can be utilized for risk identification
  • identify the characteristics of the risk register and risk report
  • recognize the process of performing qualitative risk analysis
  • recognize the process of performing quantitative risk analysis
  • recognize the purpose of expected monetary value in making risk management decisions
  • identify the process of planning and implementing risk responses
  • recognize how risk audits and reassessments are used to monitor project risks
  • recognize how project risks are managed in Agile projects
  • Knowledge Check: Reviewing Your Understanding of Project Risk
  • Course Number:

    Expertise Level