University of Maryland, College Park

Risk Management Planning with Expert Judgement

University of Maryland, College Park

Risk Management Planning with Expert Judgement

Gregory Baecher

Instructor: Gregory Baecher

Access provided by University of Nebraska Lincoln

Gain insight into a topic and learn the fundamentals.
Intermediate level

Recommended experience

7 hours to complete
Flexible schedule
Learn at your own pace
Gain insight into a topic and learn the fundamentals.
Intermediate level

Recommended experience

7 hours to complete
Flexible schedule
Learn at your own pace

What you'll learn

  • Identify, assess, and prioritize project risks using risk registers, risk matrices, and probability analysis.

  • Apply expert judgment and risk response strategies to manage uncertainty and improve project planning

  • Evaluate how project delivery methods, contracts, and stakeholder collaboration influence project risk and success.

Details to know

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Assessments

27 assignments

Taught in English

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There are 6 modules in this course

Explore the fundamentals of project risk management by examining the nature of risk, uncertainty, and their impact on project outcomes. Through the Panama Canal expansion case study, learn how to identify and evaluate project risks to support more informed planning and decision making.

What's included

4 videos7 readings5 assignments

Explore the essential tools and techniques for planning and documenting project risks. Learn how to create risk registers, assess risks using a risk matrix, and organize risk information to support effective project planning and decision making.

What's included

4 videos5 readings5 assignments

Explore methods for assessing project uncertainty by examining probability, expert judgment, and common decision-making biases. Learn how to estimate risk more effectively and improve the accuracy of project risk assessments.

What's included

4 videos5 readings5 assignments

Explore how variability and bias in human judgment can affect project risk assessments and decision making. Learn techniques for evaluating subjective judgments, leveraging collective expertise, and reducing uncertainty in project planning and budgeting.

What's included

4 videos5 readings5 assignments

Explore strategies for responding to project risks by evaluating when to avoid, transfer, mitigate, or accept uncertainty. Learn how to develop effective risk response strategies and apply them to support successful project outcomes.

What's included

4 videos5 readings5 assignments

Test your knowledge!

What's included

4 readings2 assignments

Instructor

Gregory Baecher
University of Maryland, College Park
1 Course212 learners

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