Opportunity: The Other Side of Risk

The Challenge
The PMBOK® tells us that risk can be negative or positive. We all know about negative risks, but when was the last time you found positive risk? Do you routinely watch for positive risks in your project? Probably not; very few project managers do. Why is this so? Positive risks are Opportunities. Are there really so few opportunities available in this ocean of risk?

The Solution
During this exceptionally uplifting and empowering treatment of Opportunity in projects, you will hear that there are plentiful Opportunities available in every project, if we know how to find them. This advanced project management workshop explains why we tend not to see the Opportunities that are there, and what we can do to turn that around. Participants learn how numerous factors, including current project management practice and even the language we use to describe risk, actually prevent us from seeing Opportunity. Then attendees learn what they can do to make all this change. They are presented with a revised Project Risk Model with a novel view of the origin of Threat and Opportunity, and discuss techniques that can uncover Opportunity even under what appear to be dire circumstances. With this in hand, attendees work through a field-tested Seven Step approach to discover multiple Opportunities in their own projects.

Who should attend
Project and program managers, project leads, PMO staff, anyone who manages project managers, functional managers with project responsibility.

Learning Objectives – Understand the following:

Definition of opportunity
Standard risk model
How beliefs and behaviors regarding opportunity may not match
How our treatment of opportunity and threat differ
There are two kinds of opportunity
Why opportunities are missed
How watching for threats can lead us astray
Vocabulary that supports constructive work with opportunity
Defining risk events as threat or opportunity
Finding opportunity where we least expect it
An updated model of risk
Managing postive risk

The Opportunity Risk Register
Positive Risk Contingency Reserve

Seven Step Approach to Project Opportunity

Learning Approach

A highly experienced instructor will use interactive lecture format, hands on exercises, video, group discussions and other techniques to drive home the essential points of this material.
We will build on your prior experience in this topic, while providing you with a structure and vocabulary to use in all of your future projects.
If you have modest project management knowledge, you will find that the clarity of the material and direct presentation style of the instructor will make the subject matter easy to understand.
You will receive a Student Guide which will help you follow the material, take notes and retain what you learned so that you can apply it on your job.

Why should I take this course?

Opportunity: The Other Side of Risk presents a novel approach to working with project risk. The message is clear: we are not the pawns of fate; we can find opportunity even where we would least expect it.
The material includes best practice, tips, tools and techniques that will expand your understanding of risk management and risk response.
During training the instructor will demonstrate the use of advanced Risk Management tools.
Take this advanced PM workshop and learn what you can do to make full use of the positive side of the risk spectrum.

Every course and workshop in our Project Training program is fully customizable. We offer virtual delivery of the training program you need. Call us: +1.919.495.7371.

All of our courses are fully compliant with the latest release of each relevant standards document such as the PMBOK® Guide, Standard for Portfolio Management, BABOK® Guide, and others.

Course Information

Course ID: 7018
Duration: Half Day
Class size: 6 or more
Includes:
· PMP® certified instruction
· Student Guide
· Participation Certificate
· 3 PDUs

Download this course description as a printable PDF document.

Pricing Information
On-site discounts are available.

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Fill out the Training Request Form online or call 1-800-877-8129
(+1 919-495-7371)

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Training Providers:
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(+1 919-495-7371) for more information.