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Understanding Risk Assessments for Project Management Success

Evaluating risks effectively can mean all the difference in the successful completion of a project by enabling project managers to anticipate challenges and take proactive measures to safeguard their project goals. In this workshop, Cher Powers, Business Development and Commercialization Manager for the Ontario Centre for Innovation (OCI) taught participants how to systematically identify, evaluate, and mitigate risks to drive successful project outcomes.

Chapters:

0:00 Introduction to Cher Powers
3:53 Risk Management Process
5:46 Benefits of Risk Management
6:54 Strategic Planning - SWOT
11:55 Step 1: Risk Identification
18:25 Step 2: Risk Assessment Operations
28:55 Step 3: Risk Response Development
40:01 Step 4: Response Control
46:05 Question and Answer