MSOM 644 - Managing Project Risk

(3 hours) This course serves to provide students a foundation in project risk management as they explore material offered by the Project Management Institute’s (PMI) A Guide to the Project Management Body of Knowledge (PMBOK® Guide) and other resources. The objective of project risk management is to decrease the likelihood and impact of negative events in the project. Specific topics of examination include risk identification, risk analysis (quantitative and qualitative), risk response, and risk control. The course combines theory and application to provide an up-to-date, practical learning opportunity that focuses on the needs of modern managers and professionals in an age of global competition and rapid technological change. Character and operational excellence principles related to management activities are also explored and applied.