There are hundreds of nationally recognized Professional qualifications & training courses from the worlds leading education providers. Course objectives should lead to teaching methods and student interest.
Risk management programs teach students about predicting and analyzing financial risks in order to identify, develop and implement various procedures and strategies to minimize or avoid the risks and their potential impact on an organization.
The United States of America is a large country in North America, often referred to as the "USA", the "US", the "United States", "America", or simply "the States". American colleges are funded by "tuition" charged to the student, which is often quite expensive, very commonly reaching into the tens of thousands of dollars per year.
Arlington County is a county and census-designated place in the Commonwealth of Virginia. Due to the county's proximity to Washington, D.C., Arlington is headquarters to many departments and agencies of the federal government of the United States.
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To introduce students to key concepts, skills and techniques needed to manage risk effectively in organizations. A training offering examining the theory and practice of risk management [+]
A training offering examining the theory and practice of risk management.Objectives To introduce students to key concepts, skills and techniques needed to manage risk effectively in organizations.PMBOK Knowledge AreasIntegration Management Scope Management Time Management Cost Management Risk Management
Topics CoveredTypes and sources of risk Australia/New Zealand Standard AS/NZS 4360:1995 Risk management process (risk identification, impact, planning, control) Creating and using risk checklists Risk impact matrix Statistical roots of risk management Modeling risk Monte Carlo simulations Use of the normal, beta and triangular distributions Decision trees Analytical hierarchy process (AHP) Benefit-cost analysis (reviewing trade-offs) Political risk Overview of risk mitigation strategies Independent verification and validation with risk assessment groups (RAGs) ... [-]
To provide participants with the knowledge and skills that will enable them to weight benefits against cost in making a wide range of project decisions, from prioritizing projects to selecting vendors to deciding how to configure a project solution. [+]
ObjectivesTo provide participants with the knowledge and skills that will enable them to weight benefits against cost in making a wide range of project decisions, from prioritizing projects to selecting vendors to deciding how to configure a project solution. Participants will be exposed to the full range of benefit-cost methodologies, including both quantitative and qualitative approaches.InstructionMethod: Lecture, computer simulation, case studies, class exercises.Materials: Course workbook. Class exercises and case studies are used extensively. Exercises and case studies include: "Selecting a New Information System," "Killing the Project that Would Not Die," "Assessing the Value of the Asianda Fertilizer Plant," "Choosing a Project," "Buying a Computer," "Computing Discounted Cash Flows," and "Measuring Cost Savings." In addition, students create their own benefit-cost problems which they model and resolve using Expert Choice software, which employs the analytical hierarchy process (AHP).PMBOK Knowledge Areas - Integration Management - Scope Management - Time Management - Cost Management - Risk Management Topics Covered- Benefit-cost analysis principles: assessing benefits, assessing costs - Quantitative versus qualitative approaches to benefit-cost analysis - Basic techniques, including: benefit-cost ratios, scoring sheets, gap analysis, Murder Boards, Poor Man's hierarchy, Buss's ranking schema - The role of estimation in effective benefit-cost analysis, including projecting trends, employing reliable and valid data and models - Benefit-cost analysis on internal and non-profit projects: using cost avoidance as a measure of benefits - Computing discounted revenue and cost streams - Pitfalls of benefit-cost analysis - Analytical hierarchy process (AHP) as a significant benefit-cost analysis tool (Students will be supplied... [-]