Project Management Certification Training Series
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Home > Vital Training > PM Certification > Project Risk, Opportunity and Procurement Mgmt
Project Risk, Opportunity and
Procurement Management


Course Purpose

This course provides the background for Project Managers to effectively manage the risk, opportunity and procurement elements of a project. It teaches them to assess the probability and impact of risk events, and to develop strategies for mitigating all risks that could negatively affect the project's triple constraints.

Course Length - 3 Days
Classroom PDUs: 21
Cost: $13,984.00
  • Demonstrate knowledge of risk management concepts, including how risk is assessed through the lifecycle of the program
  • Establish a risk management plan, determine risk tolerances, and determine who is accountable for the risk
  • Identify risk
  • Establish qualitative and quantitative methods of analyzing risk
  • Detail risk response planning and how to monitor and control risk
  • Discuss the importance of communicating risk and establishing a climate and culture for an open discussion of risk
  • Discuss – as part of controlling risk – procurement planning, solicitation source selection and subcontract administration and closeout
  • Demonstrate knowledge of procurement management
  • Identify processes and tools recommended by the PMBOK® Guide as related to the processes required by your organization
  • Review concepts related to the Project Management Professional (PMP)® exam
  • Introduction and Overview of Risk Management
  • Risk Management Planning
  • Risk and Opportunity Identification
  • Qualitative Risk Analysis
  • Quantitative Risk Analysis
  • Risk Response Planning
  • Risk Monitoring and Control
  • Procurement Management
  • Summary/Skills Assessment/Course Evaluation

Contact Heidi Augustine at for more information or to schedule this or any of AMCI's other Project Management Certification courses.