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Managing Project Risks and Relationships: Stackeholders, Internal & External Customers

Every project involves risks, stakeholders, internal and external customers. Identifying and effectively managing these elements are an essential part of project success. The course examines the methods that are used to identify these elements and the approaches used for dealing with project risk variables, stakeholders, customer demands and customer relationships. Special attention will given to careful assessment of risks and a true understanding of stakeholder interests and customer needs.

The course will examine ways to mitigate identified risks, develop contingency plans and plan for the unexpected. Participants will identify and analyze scheduling risks, cost variations, performance deficiencies and project conflicts. In addition, they will develop mitigation and contingency plans to address the identified risks and avoid them whenever possible. . Knowledge of basic project management methods (e.g., task definitions, assignment of resources, critical path) is a prerequisite for this course.

 

Course Topics Include:

  • Identifying and analyzing potential project risks
  • Analyzing external and internal environmental factors
  • Effects of technological change and market uncertainty
  • Project budgets and cost escalations
  • Product and pricing polices
  • Project conflicts and disputes
  • Identifying project stakeholders
  • Assessing internal and external customer needs
  • Risk management tools and instruments
  • Identifying critical project relationships
  • Public and private sector considerations
  • Mitigation and contingency plans
  • Critical project relationships
  • Building long lasting effective relationships

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