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Executive Education

Risk Management Principles and Practices

Reduce business problems associated with risk, while maximizing opportunities

Risk management is a proactive process for resolving problems before they occur. It’s also about managing the positive outcome of risk: opportunity. Explore a structured, enterprise-wide approach for managing both the negative and positive impacts of risk in operational or project environments. Plan response strategies that mitigate potential problems. Learn proven techniques for capitalizing on opportunities and maximizing business outcomes.

This workshop is intended for risk managers, operational managers, project, program, portfolio and PMO managers, team leaders who manage operations and/or projects in an organizational context, and any other manager who wants to improve business outcomes.

  • Apply a structured, disciplined process that keeps you on track
  • Use data gathering techniques to analyze your risks, and determine which ones to focus on
  • Plan appropriate risk responses using a variety of alternatives and options
  • Monitor and control known negative risks to minimize their impact, and continually assess the initiative to identify new ones
  • Optimize the opportunities presented by positive risks
  • Become a proactive business leader who resolves problems before they occur

Risk Management Framework

  • Risk management maturity model
  • Risk characteristics and factors
  • Positive and negative risks

Risk Management Planning

  • Creating the risk rulebook
  • Risk management levels and sizing
  • Key risk management tools

Risk Identification

  • Sources of risk
  • Documenting risk characteristics, testing assumptions and constraints
  • Multiple combined uncertainties
  • Risk identification tools, risk register

Risk Analysis

  • Qualitative and quantitative analyses
  • Tools for assessing and ranking risk, prioritizing risks
  • Probabilities of occurrence and consequences

Risk Response Planning

  • Assessing risk tolerances
  • Determining what actions to take and assigning responsibilities
  • Different types of response plans, realistic contingency planning

Implementing  and Monitoring Risk Response Plans

  • Monitoring processes, tools and techniques
  • Risk control
  • How to sell risk management in your organization

Special features

The action-learning format features simulated exercises in “real-world” business environments. Working in teams, you will apply the tools and techniques you are learning, and experience the process of collaborative planning firsthand.

As part of the workshop, you will receive PMI® Professional Development Units (PDUs).

Denise Holleran-Boswell

Denise Holleran-Boswell

Denise is a certified PMP and Prosci Change Practitioner, the Founder and Managing Partner of Collaborators In Knowledge Inc., and past President of the Society of PMP’s of Greater Vancouver. She has over 40 years of international industry experience as a practicing project, program and portfolio manager specializing in change, risk and stakeholder management. In her role as coach, she has trained thousands of people from the private and public sectors in the best practices of portfolio and project management.

Upcoming sessions

calendar Program dates
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notebook Format
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Jun 12 - 13, 2023
$2195.00 + tax (5%)

In-person

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8:30am – 4:30pm in Vancouver, BC

8:30am – 4:30pm in Vancouver, BC

UBC Robson Square

Participating organizations

Success stories

"My objective for attending was to understand a formal approach to risk management and gain the confidence to apply industry-accepted tools and techniques. This objective was easily realized via the instruction of an experienced instructor."  
"This course provided just the right blend of content and instructor experience to make it relevant and worthwhile."  

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