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Welcome to SunCam

218-Managing Project Risk

By: James N. Salapatas, PE, PMP

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Course Objective

This continuing education course is written specifically for professional engineers with the objective of relating to and enhancing the practice of engineering.

Course Description

This is a Spotlight Course of the Week (Expires: 1/25/2019)
218-Managing Project Risk

This course is about managing project risk in an organization whether you are an engineer, senior manager or professional project manager. In the project world, managing risk is critical because every decision, every action taken contains some element of risk. Risk cannot be eliminated. Risk can only be controlled and accepted if the decision or action needs to be made. Understanding this concept becomes important when considering that practically everyone in an organization is involved in some kind of project work and makes decisions involving risk.

In the ideal project world, project managers are trained in project risk management. 1In the real project world, many projects are small and assigned to engineers and managers with less than formal risk management training. Managing risks become critical to achieving project cost and schedule targets. This course presents three basic principles for managing project risk, namely, identify, quantify, and control. However, managing project risk still depends on experience and skill of the engineer or manager to identify, quantify and control the risk in order to manage it.

At the end of the course is a set of questions that highlights the take-aways for the reader to remember and use for managing project risk in their organization.

1Project Management Institute, PMBOK — GUIDE Fifth Edition 2013 Project Risk Management, Chapter 11

218-Managing Project Risk
Richard Job
07/12/2018
Verified Buyer
The course was a very good detailed account of the process.
1 of 1 customers found this helpful.
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218-Managing Project Risk
Benedict Inyama
12/12/2016
Verified Buyer
The course materials were spot on for covering the management of project risks. Very information.
1 of 1 customers found this helpful.
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218-Managing Project Risk
David N Ivester
11/11/2016
Verified Buyer
Great explanation of risk in project management. Thoroughly enjoyed it and learned many new things.
1 of 1 customers found this helpful.
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Solid course
John F. O'Brien
05/31/2015
Well done.... enjoyed the course
1 of 1 customers found this helpful.
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Price: $23.95
Special Price Expires: 1/25/2019
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Course Code: 100240-02
Course PDH Hours: 3
Engineering Course Approvals
  • This course is accepted for engineering continuing education credit in all states except: New York

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Other Courses by James N. Salapatas, PE, PMP

Course Title Rating Hours Price
183-Quality Project Management
(4.5) 33 Reviews
4 $9.95
Special Price Offer: expires at midnight on 1/25/2019




Need Help?

Contact Us!

Check our Frequently Asked Questions

For fastest service please enter your question or issue in the text box below. Enter your name and email address so we can reply. Be sure to give us enough info to identify the course or order that you need help with.

You may also call us at: 561-753-0105