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Cost Variance Project Management 


Overview

Cost Variance Project Management 

Every business project involves a certain amount of risk. In fact, business projects are by their very nature risks in their own right. Where the outcome cannot be predicted with 100% certainty, risk exists and cannot be ignored. However, it’s not to say that risk levels within any given project cannot be proactively controlled and managemed. Risk management refers to a collective set of processes performed to identify, analyse, classify and deal with risks, as and when they occur. In the world of project management, risk management ensures that the risks of the project as a whole don’t outweigh the potential benefits of its success.

Cost Variance Project Management 

This insightful tutorial has been designed for business owners, managers and anyone involved in project management at any level. Core topics covered include planning for risk management, considering roles and responsibilities, risk management policies, examining stakeholder tolerance, using a risk management template and many more besides. Study a breakdown of the effective risk management plan, explore SWOT analysis and learn how to effective categorise and control risk with confidence.

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Objectives

  • Understand what project risk management is
  • Discuss in detail the process of identifying project risks
  • Outline the processes involved in project risk management

Programme Content

Topics:

  • Planning for Risk Management
  • Referring to the Project Charter
  • Relying on Risk Management Policies
  • Considering Roles and Responsibilities
  • Examining Stakeholder Tolerance
  • Using a Risk Management Plan Template
  • Revisiting the Work Breakdown Structure
  • Creating the Risk Management Plan
  • Examining the Risk Management Plan
  • Methodology
  • Roles and Responsibilities
  • Risk Analysis Scoring
  • Creating Risk Categories
  • SWOT Analysis
  • Examining the Results of Qualitative Risk Analysis
  • Preparing for Quantitative Risk Analysis
  • Planning for Risk Response
  • Implementing Risk Monitoring and Control

Target Audience

  • Project managers and co workers looking to develop their CPD
  • Business owners, managers and entrepreneurs
  • Confident, self motivated and passionate candidates
  • Entrepreneurs planning to start their own business.
  • Candidates seeking to expand their career opportunities
  • Individuals looking to enhance their CVs

Prerequisites

No prior knowledge is required to take this unit.

Overview

  • Participants:8 - 400
  • Duration: 2 - 3 hours
  • Participation:Only collaborative

Key Benefits

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Related

Course at QLS
Study Method Online
Course Duration 10 Hours
Start Date on going
Awarding Body BOLC
Full Fee:    £ 120

Discount:    £ 96

Pay Today:    £ 24


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