Title: Learning Objectives
Course: System Analysis and Design: Project Mana gement (17338) > Section: Competency Modules

After completing this module, you will be able to:

1. Discuss what risk is and the importance of good project risk management
2. Discuss the elements involved in risk management planning and the contents of a risk management plan
3. List common sources of risks on information technology projects
4. Describe the process of identifying risks and be able to create a risk register
5. Discuss the qualitative risk analysis process and explain how to calculate risk factors, create probability/impact matrixes, and apply the Top Ten Risk Item Tracking technique to rank risks
6. Explain the quantitative risk analysis process and how to apply decision trees, simulation, and sensitivity analysis to quantify risks
7. Provide examples of using different risk response planning strategies to address both negative and positive risks
8. Discuss what is involved in monitoring and controlling risks
9. Describe how software can assist in project risk management