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Risk Management

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Summary

This fast-paced one-day class will introduce the concept of risk management and present some ways to prevent risks in the government contracting environment. Many of the risk management activities companies are currently performing do not provide them with actionable tasks to address performance, cost and schedule risk. This course will cover risk management best practices in order to deliver projects within specified time frames, budgets, and quality requirements.

Agenda

  1. Brief Introduction to Risk Management
  2. Preliminary Questions to Ponder
  3. Concept of Risk
    1. Likelihood
    2. Consequence
  4. Risk Management
    1. Planning
    2. Identification
    3. Analysis
    4. Handling         
    5. Monitoring
    6. Closure
    7. Risk Tracking
  5. Risk Management Techniques
    1. Risk Identification Matrix
    2. Probability Impact Picture
  6. Contract Type and Risk Management
    1. Firm Fixed Price
    2. Cost Reimbursement
  7. Summary

Continuing Education Credits

CLP 

This course is recommended for 8 CLP credits.

CPE (Finance)

6.5 credits may be earned for this course. 

 

CEU

0.60 credits may be earned for this course.

 

CLE

5.5 CLE (Pending approval in VA). 

 

CLE Jurisdiction Approval

  • This course has been approved for CLE in CA, OH, and PA, and is pending approval in VA. 
  • PCI is an accredited sponsor, approved by the State Bar of Texas, Committee on MCLE. If credit is needed in TX, please contact PCI at least 45 days prior to the training. 
  • Through reciprocity, CLE may also be received in AK, AZ, AR, CO, FL, HI, IL, ME, MT, NJ, NY, ND, OR, WA, WV, and WI (additional state requirements may apply).
  • If you are seeking CLE credits for a jurisdiction other than the ones listed above, please contact Jess@PublicContractingInstitute.com.



PDU

This course can be submitted to Project Management Institute (PMI) for PDU.  Upon their approval, it may be worth 5.6 PDU credits.

 

 CPE

 

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