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PROJ 5007

Project Managers must have the ability to identify and assess project risks, mitigate threats and capitalize on opportunities.


Risk Management provides the means to manage uncertainty and increase the likelihood of meeting project objectives by identifying potential threats to project success.  Threats can be external, (competition, economy, global conflicts), or internal, (personnel changes, changing priorities, financial uncertainties).

Students apply risk management processes of identification, analysis, response and control to manage risk throughout the phases of the project lifecycle. Actual case studies will be provided to help students recognize the process followed by organizations during threats to project success.


Through project activities, students also analyze and apply the various tools and techniques, develop strategies, and creative-thinking and problem-solving skills to minimize risks and maximize opportunities.


Students create schedules, risk and contingency plans for each phase of the project life cycle.