Risk Management for

Projects

Prerequisites: Course syllabus

No prerequisites required.
Course overview
Course Dates
This course is self-paced.
Start Date: In the Risk Management for Projects course, you will learn the
May 24, 2018 0:00 AM UTC
Finish Date: fundamentals of risk management, as well as how to apply a risk
December 31, 2018 0:00 AM UTC management process in a project-based setting. Risk management is
an iterative process and you will learn how adopting key procedures
Time Commitment
Between 2 to 3 hours per week. can help you maximize opportunities and minimize negative impact
on your project objectives.
Assessments and certification
To qualify for a certificate, all
knowledge tests, question activities You will further upskill through the application of the risk
and assignments must be completed.
management canvas, which is a framework that enables you to
edX will only issue certificates to
participants who have chosen the manage risk within your own environment. It will immerse you in the
‘Verified Track’ and complete the
course with a grade of 50% or higher.
concepts of risk management and help you to apply the key
When your certificate is available, processes.
you will be notified in your edX
dashboard.
Practical activities through the course will allow you to apply the

Grading Scheme knowledge you learn as each week focuses on a key stage of the risk
Pass (50% or higher)
Fail (under 50%)
management process. The theories and practices taught in the
course can easily be applied to any project, organization or business
Related AdelaideX Course environment.
Introduction to Project Management

Participating in this course will ensure that you gain the know-how
to reduce your project and organizational risk in the future.

 What you’ll learn

● How the risk management process works as part of a

compliance framework
● Use of frameworks to identify, assess and analyse risks in a
business context
● Application of appropriate risk responses
● Design and integration strategies for reporting and
communicating risks to various stakeholders
● Use of a monitor and review process, and application of risk
management as an iterative process

Section 1: The fundamentals of risk

management
Section 1 Learning objectives
● Define risk management
● Recognise why it's important to set the context and objectives
for the risk management process
● Recognise why it's necessary to apply a risk management
process in a project, and
● Summarise and classify each step of the risk management
process by using the Risk Management Canvas.

Section 1 Assessment requirements

● Knowledge check questions

2 AdelaideX Risk Management for Projects

 Section 2: Risk identification
Section 2 Learning objectives
● Identify risks in achieving objective outcomes
● Identify categories of risk, and
● Select methods to identify risks.

Section 2 Assessment requirements

● Knowledge check questions

Section 3: Risk assessment

Section 3 Learning objectives
● Recognise the process of undertaking a risk assessment of
identified risks
● Select risk controls through risk assessment
● Use a risk matrix to respond to identified risks
● Clarify risks to stakeholders, and
● Use contingencies to deal with risk.

Section 3 Assessment requirements

● Knowledge check questions

3 AdelaideX Risk Management for Projects

 Section 4: Risk response
Section 4 Learning objectives
● Identify methods of treating risk
● Design a Communications Plan to include all stakeholders in the
management of identified and assessed risks, and
● Design a Risk Management Plan.

Section 4 Assessment requirements

● Knowledge check questions

Section 5: Risk monitor and review

Section 5 Learning objectives
● Recognise the importance of a monitor and review process
● Use a monitor and review process
● Integrate a monitor and review process that sets targets
● Obtain and use feedback for continuous improvement, and
● Select steps for continuous improvement.

Section 5 Assessment requirements

● Knowledge check questions

DISCUSSION FORUM ETIQUETTE AND FREQUENCY

We expect you to follow the edX Code of Conduct at all times and
keep your posts/responses positive on the learning forums. Post
regularly, at least once per discussion activity and be sure to respond
to your peers, as instructed.

4 AdelaideX Risk Management for Projects