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| Credit- Degree applicable | | Effective Quarter: Fall 2020 | I. Catalog Information
| CIS 95C | Risk Assessment and Mitigation - A Practicum | 4 Unit(s) |
| | Requisites: Advisory: EWRT 211 and READ 211, or ESL 272 and 273; CIS 95A or equivalent. Hours: Lec Hrs: 48.00
Out of Class Hrs: 96.00
Total Student Learning Hrs: 144.00 Description: Focus on responding to uncertain events or conditions for a positive or negative effect on project objectives. Implement techniques for planning for risks and learn to change project plans to reduce the probability and/or impact of the risk. |
| Student Learning Outcome Statements (SLO)
| | | • Student Learning Outcome: Manage risks using tools and techniques learned in the course. |
| | | • Student Learning Outcome: Develop procedures and techniques to pro-actively reduce threats for project objectives. |
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II. Course Objectives | A. | Demonstrate project management basics and approach to plan the risk management activities for a project. |
| B. | Determine which risks might affect the project and documenting their characteristics. |
| C. | Perform a qualitative analysis of risks and conditions to prioritize their effects on project objectives. |
| D. | Measure the probability and consequences of risks and estimating their implications for project objectives. |
| E. | Develop procedures and techniques to enhance opportunities and reduce threats to the project's objectives. |
| F. | Monitor residual risks, identifying new risks, executing risk reduction plans, and evaluating their effectiveness throughout the project life cycle. |
III. Essential Student Materials IV. Essential College Facilities V. Expanded Description: Content and Form | A. | Demonstrate project management basics and approach to plan the risk management activities for a project. |
| 1. | Learn to use inputs to Project Planning |
| 2. | Tools and Techniques for Risk Management Planning |
| 3. | Create a Risk Management Plan |
| 4. | Understand basics for managing projects using Project Management Book of Knowledge (PMBOK) theory keeping scope, schedule, budget and quality in balance. |
| 5. | Learn five phases of implementing a project life cycle. |
| 6. | Learn how to mitigate and control risk. |
| 7. | Understand basics of procurement planning and contract management. |
| B. | Determine which risks might affect the project and documenting their characteristics. |
| 2. | Use Risk Management Plan and Project planning outputs to identity risks in several categories. |
| 3. | Implement tools and techniques for risk identification |
| 4. | Create triggers for response to risks. |
| C. | Perform a qualitative analysis of risks and conditions to prioritize their effects on project objectives. |
| 1. | Assess the impact and likelihood of identified risks. |
| 2. | Learn to use inputs to Qualitative Analysis |
| 3. | Tools and Techniques for performing qualitative analysis |
| 4. | Create overall risk ranking and list of prioritized risks. |
| D. | Measure the probability and consequences of risks and estimating their implications for project objectives. |
| 1. | Analyze numerically the probability of each risk and its consequences. |
| 2. | Quantify the risk exposure to project. |
| 3. | Identify realistic and achievable cost, schedule and scope targets. |
| E. | Develop procedures and techniques to enhance opportunities and reduce threats to the project's objectives. |
| 1. | Develop options and actions to enhance opportunities and reduce threats to projects objectives. |
| 2. | Create a risk register identifying residual risks and secondary risks. |
| F. | Monitor residual risks, identifying new risks, executing risk reduction plans, and evaluating their effectiveness throughout the project life cycle. |
| 1. | Ensure that execution of risk plan occurs. |
| 2. | Evaluate the effectiveness of reducing risks |
| 3. | Risk Monitoring and control are associated with implementing contingency plans. |
VI. Assignments | A. | Given a list of terms used in Risk Management students will define them. |
| B. | Given a project plan, students will identify the risks in the project. |
| C. | Given the standards adopted by an organization students will evaluate the standards to determine if they serve management purpose and project goals. |
| D. | Apply risk management tools such as Project Scope Documentation, SWOT Analysis, Work Breakdown Structure, Task Lists, Risk Matrix, Network Society, Gantt Charts to identify and manage risks. |
| E. | Project or presentation describing the Project Risk Management Process. |
VII. Methods of Instruction | | Lecture and visual aids
Discussion of assigned reading
Discussion and problem solving performed in class
Guest speakers
Collaborative projects
Homework and extended projects |
VIII. Methods of Evaluating Objectives | A. | Students will be presented with scenarios to solve that require successful identification of risks and implementation of risk management tools to mitigate risks. |
| B. | Evaluation of oral and written assignments demonstrating progressive proficiency in risk management concepts, half completed in the class, half completed as homework. |
| C. | One or more final exam or project in which students demonstrate the ability to integrate and critically analyze concepts examined throughout the course , half completed in the class, half completed as homework. |
IX. Texts and Supporting References | A. | Examples of Primary Texts and References |
| 1. | "Practice Standard for Project Risk Management", Project Management Institute, - July 1st, 2009, Project Management Institute (193389038X) |
| B. | Examples of Supporting Texts and References |
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