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Project Risk Governance and Planning

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Project Risk Governance and Planning

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Gain insight into a topic and learn the fundamentals.
1 week to complete
at 10 hours a week
Flexible schedule
Learn at your own pace

Gain insight into a topic and learn the fundamentals.
1 week to complete
at 10 hours a week
Flexible schedule
Learn at your own pace

What you'll learn

  • Analyze risk governance structures and evaluate enterprise risk frameworks.

  • Apply qualitative and quantitative techniques to assess and manage project risks.

  • Develop risk response plans aligned with organizational and project objectives.

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Recently updated!

June 2026

Assessments

24 assignments

Taught in English

Build your subject-matter expertise

This course is part of the Professional Risk and Program Management Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
  • Learn new concepts from industry experts
  • Gain a foundational understanding of a subject or tool
  • Develop job-relevant skills with hands-on projects
  • Earn a shareable career certificate

There are 6 modules in this course

Learn how to analyze risk governance frameworks, develop effective risk management plans, and apply structured risk analysis techniques to improve project performance and organizational resilience. This course provides a comprehensive understanding of risk governance, risk planning, qualitative and quantitative analysis, and strategic decision-making within project environments.

The course begins with the foundations of risk governance, introducing organizational structures, governance boards, committees, roles, and responsibilities that support effective risk oversight. Learners will understand how organizations establish governance frameworks to identify, assess, monitor, and respond to risks systematically. As the course progresses, learners explore advanced risk frameworks and IT governance concepts, including Risk IT domains, structured risk statements, software-related risks, and process maturity models. The course demonstrates how risk management practices align with organizational objectives and strengthen operational resilience. Advanced modules focus on risk maturity assessments, lifecycle processes, organizational assets, and practical risk planning techniques. Learners will develop structured risk management plans using project documentation, communication channels, historical information, risk categories, and planning methodologies. The course also provides extensive coverage of risk analysis techniques, including risk identification, documentation, qualitative assessment, prioritization methods, expert judgment, quantitative analysis, contingency planning, and performance measurement. Learners will gain practical skills for evaluating risk impact and developing informed response strategies. What makes this course unique is its integrated approach that combines governance frameworks, IT risk management, maturity models, risk planning, and advanced analysis techniques into a single learning experience. By the end of the course, learners will be able to confidently establish risk governance structures, assess project risks, implement proactive risk management strategies, and support successful project execution.

This module introduces the core principles of risk governance, focusing on organizational structures, roles, and frameworks that guide risk management. Learners will explore governance boards, committee responsibilities, and foundational response strategies, enabling them to understand how risks are systematically managed across projects and organizations.

What's included

9 videos4 assignments

9 videosβ€’Total 56 minutes
  • Introduction to Risk Governance and Framework (PMI RMP)β€’8 minutes
  • Risk Governance Boardβ€’9 minutes
  • Risk Committee Boardβ€’5 minutes
  • Risk Committee Board Responsibilityβ€’7 minutes
  • Risk Frameworkβ€’10 minutes
  • Risk Checklist for Product Developmentβ€’4 minutes
  • Types of Responses to Riskβ€’5 minutes
  • Contingency Planβ€’3 minutes
  • Implementation of Risk Responseβ€’3 minutes
4 assignmentsβ€’Total 60 minutes
  • Foundations of Risk Governanceβ€’30 minutes
  • Introduction to Risk Governanceβ€’10 minutes
  • Roles and Responsibilities in Governanceβ€’10 minutes
  • Understanding Risk Responsesβ€’10 minutes

This module explores advanced risk frameworks with a focus on IT governance, including Risk IT domains and structured risk statements. It also covers common software risks and process maturity models, enabling learners to align IT risk management with business objectives and improve organizational resilience.

What's included

9 videos4 assignments

9 videosβ€’Total 73 minutes
  • Risk IT Frameworkβ€’8 minutes
  • Risk IT Includesβ€’11 minutes
  • Risk IT Three Domainsβ€’8 minutes
  • Details of Risk IT Domainsβ€’4 minutes
  • Risk IT Benefitsβ€’7 minutes
  • Structured Risk Statementsβ€’8 minutes
  • Common Software Risksβ€’8 minutes
  • Chaperones-Common Software Risksβ€’7 minutes
  • Risk Management CMMIβ€’10 minutes
4 assignmentsβ€’Total 60 minutes
  • Risk Frameworks and IT Governanceβ€’30 minutes
  • Introduction to Risk IT Frameworkβ€’10 minutes
  • Deep Dive into Risk ITβ€’10 minutes
  • Software Risk and Process Maturityβ€’10 minutes

This module focuses on risk maturity models and their role in improving organizational risk practices. It transitions learners from governance concepts to practical risk planning while introducing lifecycle processes, risk factors, and organizational assets that support effective risk management.

What's included

9 videos4 assignments

9 videosβ€’Total 64 minutes
  • Risk Management CMMI Continuesβ€’7 minutes
  • Different Perspectives of Risk Managementβ€’3 minutes
  • Software CMM V1.1β€’8 minutes
  • Conclusionβ€’7 minutes
  • RMP Introductionβ€’9 minutes
  • RMP Usesβ€’6 minutes
  • Risk Management Processβ€’8 minutes
  • Risk Factorsβ€’8 minutes
  • Inputs to Risk Management OPAβ€’7 minutes
4 assignmentsβ€’Total 60 minutes
  • Risk Maturity Models and Perspectivesβ€’30 minutes
  • Advanced Risk Maturity Conceptsβ€’10 minutes
  • Transition to Risk Planningβ€’10 minutes
  • Risk Management Lifecycleβ€’10 minutes

This module examines key inputs required for effective risk planning, including project documents, communication channels, and historical data. Learners will develop structured risk management plans by understanding risk categories, sources, and planning methodologies that support proactive decision-making.

What's included

9 videos4 assignments

9 videosβ€’Total 77 minutes
  • Inputs From Charter and Planβ€’9 minutes
  • Inputs From Cost Schedule and Scopeβ€’7 minutes
  • Inputs From Communicationβ€’7 minutes
  • Inputs From Documents and Dataβ€’6 minutes
  • Risk Management Planβ€’9 minutes
  • Projects Risk And Mitigation Exampleβ€’10 minutes
  • Process Explanationβ€’8 minutes
  • Risk Categoriesβ€’9 minutes
  • Risk Sourcesβ€’12 minutes
4 assignmentsβ€’Total 60 minutes
  • Inputs and Planning for Risk Managementβ€’30 minutes
  • Project Inputs for Risk Planningβ€’10 minutes
  • Data-Driven Risk Planningβ€’10 minutes
  • Structuring Risk Plansβ€’10 minutes

This module focuses on tools and techniques used in risk analysis, including documentation, qualitative analysis, and identification methods. Learners will gain practical insights into prioritizing risks, using templates and logs, and applying structured approaches to risk assessment and decision-making.

What's included

9 videos4 assignments

9 videosβ€’Total 65 minutes
  • Risk Management Plan Templateβ€’6 minutes
  • Project Cost Estimatesβ€’12 minutes
  • Issue Logβ€’6 minutes
  • Quality Reportsβ€’8 minutes
  • Risk Management Strategy and Planβ€’7 minutes
  • Identification of Risksβ€’6 minutes
  • Identification of Risks Continuesβ€’6 minutes
  • Risk Assessmentβ€’8 minutes
  • Tools and Techniques Qualitative Risk Analysesβ€’6 minutes
4 assignmentsβ€’Total 60 minutes
  • Risk Analysis Techniquesβ€’30 minutes
  • Risk Documentation and Planning Toolsβ€’10 minutes
  • Supporting Reports and Strategyβ€’10 minutes
  • Risk Identification and Assessmentβ€’10 minutes

This module covers advanced concepts in risk analysis, including qualitative and quantitative techniques, expert judgment, and risk metrics. It also explores organizational impact and contingency planning, enabling learners to measure risk performance and implement strategic responses effectively.

What's included

10 videos4 assignments

10 videosβ€’Total 76 minutes
  • Risk and Impact Matrixβ€’9 minutes
  • Other Techniques Qualitative Analysesβ€’8 minutes
  • Techniques Qualitative Analyses Continuesβ€’7 minutes
  • Application and Expert Judgementβ€’7 minutes
  • Quantitative Risk Analysisβ€’8 minutes
  • Risk Management Strategy and Planβ€’7 minutes
  • Organizational Impact on Risksβ€’6 minutes
  • Organizational Impact on Risks Continuesβ€’6 minutes
  • Risk Metricsβ€’7 minutes
  • Risk Contingencyβ€’10 minutes
4 assignmentsβ€’Total 60 minutes
  • Advanced Risk Analysis and Metricsβ€’30 minutes
  • Qualitative Risk Analysis Toolsβ€’10 minutes
  • Quantitative Risk Techniquesβ€’10 minutes
  • Organizational Impact and Risk Metricsβ€’10 minutes

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Instructor

EDUCBA
1,591 Coursesβ€’326,930 learners

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