Risk Management in Depth

Earl BeedeConstrux Senior Fellow

Learn how to identify, address, and eliminate sources of risk before they grow into major problems. This course focuses on intermediate and advanced strategies and practical techniques to manage general risks and control your project’s specific risks.

4 Hours of Content
6 Lectures
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Course Details

  • Overview

    If you don’t attack project risks, they will attack you! Learn intermediate and advanced strategies you can use on both general and project-specific risks. Discover how to identify, address, and eliminate sources of risk before they grow into major problems. This course focuses on intermediate and advanced strategies you can use to manage general risks and details practical techniques you can use to control your project’s specific risks.

    Certification Information

    4 PDU’s
    PMI PDU Reporting Instructions


    You will gain a deep understanding of common project risks, learn specific remediation strategies and techniques, and the key practices to actively attack, prevent and eliminate software project risks.

    Who Should Attend

    This seminar will be useful to project managers, program managers, technical leads, QA leads and team leads.

  • Course Details


    • A definition of risk
    • What is risk management?
    • The need for risk management

    Risks in Detail

    • The scope of risks
    • Risk as cause-effect
    • Ultimate causes and ultimate effects
    • Risk timeframes
    • Assets

    Risk Identification

    • Categories of risks
    • Common project risks
    • Practical techniques to identify risks and assets

    Risk Analysis/Prioritization

    • Risk probabilities
    • Risk severities
    • Techniques for accurately estimating risk probabilities and severities
    • Determining risk exposure
    • Prioritizing risks
    • Analyzing/prioritizing assets

    Risk Response Planning

    • Risk response strategies
    • Prevent
    • Mitigate
    • Transfer/share
    • Contingency plan
    • Risk reserve/provision Ignore
    • Planning risk response

    Risk Responses

    • Responses to requirements problems
    • Responses to inadequate project management
    • Responses to inattention to upstream quality
    • Responses to misunderstood project dynamics
    • Strategies for maximizing common assets

    Risk Response Control

    • Response control through project tracking
    • Ongoing risk reassessment

  • Earl Beede

    Construx Senior Fellow

    Earl Beede, CSDP is a Senior Fellow at Construx Software, where he designs and leads seminars and provides consulting services on early project-lifecycle practices, estimation, requirements, quality assurance, contract management, and software methodologies.

    With more than 20 years experience as a quality assurance representative, systems analyst, process architect, and manager, Earl has designed and written software development processes for companies across a wide variety of industries. Prior to joining Construx, he held quality assurance and systems analyst positions at organizations that include the Department of Defense, Boeing Computer Services and Verizon Wireless.

    Earl has a Bachelor’s degree from the University of Washington. He is a member of the IEEE Computer Society and a past coordinator of the Seattle Area SPIN (Software Process Improvement Network).

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