Proactive Change Management and Professional Risk Management

Learn best practices for managing changes and risks.

Training Options Enquire Now
ACCREDITED BY

This course is accredited by the Project Management Institute, Inc. as a PDU Program.

DURATION & CREDITS

Hours: 35.00
PDUs: 35.00
Course Identifier: PMAC6012

DELIVERY

Online Instructor-led (35 hours)
Classroom (5 days)

PMAC is a Project Management Institute (PMI) Authorized Training Partner..

Proactive Change Management and Professional Risk Management Course Overview

This course is based on the international best practices for managing changes and risks in the projects, programs, and portfolios with a special focus on adaptability and resilience.

Through revealing case studies, exercises, and discussions, the participants gain knowledge and skills in using processes and tools relevant to proactive management of changes and risks.

The competencies attained through the course are transferable to real-life work environments and facilitate achievement of better organizational results and advancement of careers.

This course awards 35 Professional Development Units (PDUs).

What You Will Learn

At the end of this program, you will be able to:

  • Define adaptability and resilience and need for a growth mindset towards changes.
  • Identify opportunities and convert them into change orders for enhanced business value.
  • Apply essential interaction skills for influencing and managing changes proactively.
  • Acquire skills risk management best practices, instead of relying on ‘Take Life as It Comes’.
  • Minimize rework, issues, delays, cost overrun, and quality problems.
  • Apply risk management tools and techniques to determine the realistic cost and schedule for projects, programs, and portfolios.
  • Understand importance of successful risk management to the organization for achieving strategic business objectives.
  • Master the approach for identifying and preventing problems, rather than just dealing with them as they occur.
Upcoming Classes

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    Course Syllabus

    Module 1: Identifying Opportunities for Change
    • Dynamics of Project Changes
    • Site Conditions
    • New Ideas
    • Changes and Productivity
    • Changes and Life Cycle Costing
    • Design Enhancements vs. Operation and Maintenance Costs
    • Changes and Expandability
    • Documenting benefits of proactive changes
    • Validating the benefits
    Module 2: Carrying Out Change Assessment
    • Conducting feasibility of changes
    • Consulting Subject Matter Experts/Functional Area Experts
    • Assessing impacts
    • Preparing assessment vs. benefits document
    • Group Activity
    Module 3: Converting Opportunities into Change Orders
    • Understanding customer perspective
    • Tackling dichotomy of perception
    • Listening skills
    • Presentation skills
    • Influencing skills
    • Negotiation skills
    • Preparing demo
    • Delivering demo
    • Obtaining Change Order from Client
    • Roleplay
    Module 4: Principles and Concepts of Risk Management
    • Benefits of professional risk management
    • Critical success factors
    • Risk vs. Issue
    • Individual risks and overall project risks
    • Stakeholder risk attitudes
    • Iterative process
    • Communication
    • Risk management processes
    Module 5: Risk Management Planning
    • Purpose and objectives of risk management planning
    • Risk Management Context
    • Critical success factors
    • Tools and techniques
    • Creating risk management plan
    Module 6: Risk Identification
    • Purpose and objectives
    • Critical success factors for risk identification
    • Tools and techniques
    • Potential responses
    • Documenting the results
    • Risk Report
    • Group Activity
    Module 7: Qualitative Risk Analysis
    • Purpose and objectives
    • Critical success factors for qualitative risk analysis
    • Tools and techniques
    • Documenting the results
    • Updating risk register
    • Updating assumptions log
    Module 8: Quantitative Risk Analysis
    • Purpose and objectives
    • Critical success factors for quantitative risk analysis
    • Monte Carlo Simulation
    • Sensitivity Analysis
    • Decision Tree Analysis
    • Updating Results
    • Risk Report
    Module 9: Risk Response Planning
    • Purpose and objectives
    • Critical success factors for risk response planning
    • Strategies for negative risks
    • Strategies for positive risks
    • Residual risks
    • Secondary risks
    • Documenting results
    • Updating plans
    • Risk report
    Module 10: Risk Response Implementation
    • Purpose and objectives
    • Critical success factors for risk response implementation
    • Risk Owners and Risk Action Owners
    • Risk Triggers
    • Documenting Results
    Module 11: Risk Monitoring and Controlling
    • Purpose and objectives
    • Critical success factors for risk monitoring and controlling
    • Risk Review
    • Variance and Trend analysis
    • Technical Performance Review
    • Risk Audits
    • Status meetings
    • Corrective and Preventive Actions
    • Documenting Results
    • Lessons Learned

    Who Should Attend

    This course is suitable for all those professionals who are seeking to enhance their change management and risk management skills. It is beneficial for:

    • Project Managers
    • Construction Managers
    • Contract Managers
    • Procurement Professionals
    • Change Managers
    • Program Managers
    • Program Directors
    • Sponsors
    • Portfolio Managers
    • PMO Staff
    • Members of Steering Committees
    • Operational Directors
    • All other professionals who are interested in improving their skills in Proactive Change Management and Professional Risk Management

    Training Options

    Online Instructor-led
    • Experience live, interactive learning with The PMAC’s Online Instructor-led Course.
    • Engage directly with expert instructors and peers just like in a classroom session.
    • Enjoy the quality of interaction and engaging delivery.
    Enroll
    Onsite
    • Fulfill your training requirements with The PMAC’s In-house/Onsite Course at your premises.
    • Avail expertise of leading practitioners for professional development of your teams.
    • Request an appointment to tailor delivery to your needs.
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    Course Reviews

    Why Choose Us

    FAQs

    Is this course right for me?

    We are living in a dynamic environment where adaptability and resilience have become more important than ever. Many aspects of a project, program, or portfolio reveal progressively, not known all at once at the time of planning. We need to acquire skills to proactively manage changes and risks.

    It demonstrates your ability to lead projects, programs, and portfolios with a growth mindset.

    Advance your career and elevate your professional profile with the ability to manage changes and risks proactively in an environment demanding adaptability and resilience. Demonstrate that you are ready to lead your organization to success.

    Do I gain practical skills?

    Yes, you do gain skills in adaptability and resilience and how to manage changes and risks proactively, which you can apply right away for successful outcomes. The course is delivered by the leading practitioners who bring real-life examples, current best practices, and case studies to the sessions. This workshop involves multiple student activities, simulations, and hands-on exercises.

    How does my organization benefit from this course?

    Cultivating a growth mindset, an ability in adaptability and resilience, and a proactive approach to handling changes and risks are key factors enabling the success of an organization.

    This course is designed to develop the change management and risk management core competencies that are universally valuable for employees, regardless of their role or industry.

    The skills acquired from this course help people excel at their jobs and let them contribute to their organization’s success. Moreover, it strengthens an organization’s competitive edge.

    Can I get some more understanding?

    Yes, for additional information, write to us at info@pmacconsulting.com

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    Disclaimer:

    “PMI”, the PMI logo, “ATP”, “ATP logo”, “the PMI® Authorized Training Partner seal”, “PMP”, “PMI-ACP”, “PMI-RMP,” “PgMP,”“PfMP”, and “CAPM”, “(PMI-CP)”, “PMI-PMOCP”, “PMI-PBA”, “CPMAI”, and “PMBOK” are registered marks of Project Management Institute, Inc.