Theory-based e-learning → Risk Management

Risk Management (AAC-400)


Description

The €25 subscription provides 30 days of access.


AAC‑300 Risk Management is an online course designed for project professionals who want to understand, identify, and manage risk in a structured and practical way. The course covers essential risk management principles such as risk identification, qualitative and quantitative risk analysis, response planning, and the management of residual risks. You will learn how risk management is integrated into project planning, scheduling, and decision‑making, in line with PMBOK® guidelines and industry best practices. This course is particularly well suited as preparation for the OPC‑300 Risk Management Using Oracle Primavera Cloud training. It provides the theoretical foundation and conceptual understanding required to effectively apply risk management processes within Oracle Primavera Cloud.


The course offers a structured e‑learning experience with clear explanations, practical examples, quizzes, and applied exercises. You can study at your own pace, anytime and anywhere. By the end of the course, you will be able to set up a solid risk register, define effective response actions, and understand how quantitative techniques such as Monte Carlo analysis support risk‑based decision‑making.


If you have completed this training and wish to continue accessing the course materials, you may renew your access for an additional 30‑day period. Payment is processed securely by credit card via Stripe.



Content
  • Preface
  • Introduction to Risk Management
  • What is risk management?
  • Basics and definitions
  • Test: Introduction to Risk Management
  • Role of Risk Management in a Project
  • Role of Risk Management
  • Combined Role: Risk Manager & Risk Analyst
  • Competencies of a risk manager
  • Test: Role of Risk Management
  • Risks in detail
  • Risk Management process
  • Risk Breakdown Structure
  • Defining thresholds and matrices
  • Defining and describing risks
  • Categorising and Risk Codes
  • Risk Register
  • Test: Risks in Detail
  • Techniques
  • Monte Carlo analysis calculation
  • Monte Carlo and Risks calculation
  • Convergence Iterations
  • Weather modelling
  • Risk Factors
  • Test: Techniques
  • Mitigation and Response
  • Mitigation
  • Mitigation Strategy
  • Response Actions
  • Residual Risks
  • Risk Allowance
  • Test: Mitigation and Response
  • Reporting
  • Distribution Graph
  • Tornado diagrams
  • Risk Removal Impact Diagram (RRID)
  • Scatter plots
  • Test: Reporting
  • Study Advice
  • After the Risk Management Course
Completion rules
  • All units must be completed
  • Leads to a certificate with a duration: Forever