Risk management is a process used for the identification, assessment and analysis of potential risks to an organization or project. This process enables you to develop the most appropriate risk response.
In the Risk Management for Projects course, you will learn the fundamentals of risk management, as well as how to apply a risk management process in a project-based setting. Risk management is an iterative process and you will learn how adopting key procedures can help you maximize opportunities and minimize negative impact on your project objectives.
In this course, you will further upskill through the application of the risk management canvas, which is a framework that enables you to manage risk within your own environment. It will immerse you in the concepts of risk management and help you to apply the key processes.
Practical activities through the course will allow you to apply the knowledge you learn as each week focuses on a key stage of the risk management process. The theories and practices taught in the course can easily be applied to any project, organization or business environment.
Risk Management for Projects is brought to you by the same team that developed the highly successful Introduction to Project Management MOOC, and builds on risk management for projects introduced in that course.
Participating in this course will ensure that you gain the know-how to reduce your project and organizational risk in the future.
- How the risk management process works as part of a compliance framework
- Use of frameworks to identify, assess and analyse risks in a business context
- Application of appropriate risk responses
- Design and integration strategies for reporting and communicating risks to various stakeholders
- Use of a monitor and review process, and application of risk management as an iterative process
Professor Frank Schultmann is currently Professor of Complex Project Management and serves as Director of Project Management for the University of Adelaide. In addition he also holds a Professorship of Business Administration at the Karlsruhe Institute of Technology (KIT).
Frank studied Industrial Engineering and Management at the University of Karlsruhe (now KIT), completing his doctoral thesis in 1998 and his Habilitation in 2003 at the Faculty of Economics and Business Engineering. Prior to his present positions he was Professor of Industrial Management at the University of Koblenz-Landau and holder of the Chair of Business Administration, Construction Management and Economics at the University of Siegen.
His research interests include sustainable production and logistics, decision support, supply chain management and optimization, systems modelling, project management, technology assessment, construction management, and information and communication technologies. This goes along with various industry collaborations. Among others Frank has worked with companies from resource industries, automotive, chemical, construction, security, food, transport and logistics.
Noel is the Director of the Entrepreneurship, Commercialisation and Innovation Centre (ECIC) and the Academic Director, Singapore Operations, the University of Adelaide, where he is the Professor of Entrepreneurship and Commercialisation. Noel’s research embraces both business and social entrepreneurship. His practitioner-oriented entrepreneurial experience includes co-founding, growing, and harvesting ventures in Australia, South Africa, and Malaysia and he has been a Director of a Sydney-based venture capital fund. His professional accounting experience encompasses the areas of corporate insolvency as well as advisory services to growth-oriented businesses wanting to raise venture finance, and family enterprises wanting to expand.
Noel is a Member of the Society of Trust and Estate Practitioners, a Member of Chartered Accountants Australia and New Zealand, and a Fellow of CPA Australia.
Dr Anton Jordaan is CEO of the Australian Skills Development Institute and adjunct teaching faculty at The University of Adelaide’s Entrepreneurship Centre for Innovation and Commercialisation (ECIC), and Adjunct Associate Professor in the Project Management Academy at QUT in Brisbane. He holds an undergraduate degree in Accounting, and postgraduate degrees in Accounting, Business Administration, Advanced Business Practice, and a PhD. He has extensive experience in strategic management, leadership, business development and finance roles, having worked in the public sector, corporate, and entrepreneurial environments - including serving as a director of a stock exchange listed company. Anton is also a member of CPA Australia.
Anton has 25 years teaching experience in the delivery of education and training courses to postgraduate students and managers in corporations. He has delivered business improvement and capacity building courses in North America, UK, Europe, Africa, Asia and Australia. Courses include Project Management, Innovation, Entrepreneurship, Leadership, and Accounting. He has inter-alia presented customised project management related courses to more than 800 middle and senior finance managers in the Oil and Gas industry internationally since 2008.
Stella Bachtis is an education design specialist at the Australian Skills Development Institute. Her area of interest is enhancing critical and creative thinking in organisations, and she is currently completing her doctorate in teaching critical and creative thinking skills to educators. She holds undergraduate and post-graduate qualifications in education.
Stella has an interest in learning design in face-to-face, online and blended learning environments. Through her understanding of learning design and personal creativity she has the ability to simplify content that students often find complex and difficult to engage with. This interest has allowed her develop learning programs in a range of subject areas including marketing, entrepreneurship, innovation, and project management.
Her role in education design employs a range of project management skills required to successfully develop and implement a course in its entirety. From scoping and project planning, through to risk analysis and critical communication, every course is created and delivered as a unique and well thought out project.