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Project Management: Managing Uncertainty and Risks

Project Management: Managing Uncertainty and Risks

This course is part of Project Management: Predictive/Adaptive Method Fundamentals Specialization

Instructor: Bill Rosenthal

Included with

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3 modules

Gain insight into a topic and learn the fundamentals.

5 hours to complete

Flexible schedule

Learn at your own pace

3 modules

Gain insight into a topic and learn the fundamentals.

5 hours to complete

Flexible schedule

Learn at your own pace

What you'll learn

In this course, you will use an Adaptive approach to plan a project and plan for project risks, communication, and change control.

Skills you'll gain

Tools you'll learn

Details to know

Shareable certificate

Add to your LinkedIn profile

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Build your subject-matter expertise

This course is part of the Project Management: Predictive/Adaptive Method Fundamentals Specialization

When you enroll in this course, you'll also be enrolled in this Specialization.

Learn new concepts from industry experts
Gain a foundational understanding of a subject or tool
Develop job-relevant skills with hands-on projects
Earn a shareable career certificate

There are 3 modules in this course

In this course, you'll continue developing your project management skills by creating epics and user stories, building a product backlog, creating an initial release plan, conducting a spring planning meeting, and replanning the project. You'll also analyze risks to the project, create a communication plan, and develop a change control plan.

Module details

Projects are expected to produce valuable deliverables that enable customers to streamline work and produce benefits for the business. One of the problematic aspects of a Predictive project approach is that it defers all of the value of the project deliverables until the project is completed. However, it's clear that real value can accrue to the business long before the entire solution is delivered. Pragmatically, the work on any business service continues over the long run, in any case, as the business need continues to evolve and the solution in turn needs to adapt to meet new needs. Adaptive approaches, therefore, prioritize the early delivery of the highest value aspects of a solution. This enables the customer to reduce overall project risk, extract value from the solution much more quickly, and drive better quality feedback to the Product Owner and the team on what additional stories might be needed to help best optimize the value to the business. In this lesson, you will learn about the different phases and the components and events of an Adaptive approach.

What's included

1 reading8 plugins

1 readingTotal 5 minutes

⚠️READ THIS FIRST⚠️5 minutes

8 pluginsTotal 175 minutes

Lesson Introduction5 minutes
Create Epics and User Stories30 minutes
Build a Product Backlog30 minutes
Create an Initial Release Plan30 minutes
Conduct a Sprint Planning Meeting30 minutes
Replan the Project30 minutes
Mastery Builder: Planning an Adaptive Project15 minutes
Lesson Summary5 minutes

You have learned about planning the time and cost for Predictive projects as well as planning for Adaptive projects. Now you need to proceed with the other elements of good planning. In this lesson, you'll plan for project risks, communication, and change control in your project. You want to make sure that none of the customers, stakeholders, or members of the project team are surprised by delays, changes, or unavoidable risks. By planning ahead and monitoring the project, you can increase your chances of leading the project to a successful completion.