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The Project Risk Certificate Program is a structured sequence of three courses to prepare students to manage risk throughout project management by assessing and identifying risks, mitigating threats and capitalizing on opportunities, while maintaining sound project management policies and practices. The program is designed for managers and supervisors involved in engineering, research and development, data processing, construction, facilities management, manufacturing, corporate planning, finance, and marketing. For students seeking a new credential, the program also helps prepare individuals for the Project Management Institute (PMI) Risk Management Professional certification (PMI-RMP). Globally recognized and demanded, the PMI-RMP® fills the need for a specialist role in project risk management.

Professional Development

Penn State is a PMI Registered Education Provider (R.E.P.). The Project Risk Certificate program is a new addition to Penn State Great Valley’s ongoing commitment to enhancing the ongoing professional development of PMI® Members, PMI-certified Project Management Professionals (PMP®), and other project management stakeholders.

Each risk management course is approved by the Project Management Institute (PMI®) to receive one Professional Development Unit (PDU) for each contact hour (21 PDUs per course).

Certificate Requirement - 3 Courses

A Penn State Great Valley certificate is awarded upon completion of three courses. Courses MUST be taken in sequence and CANNOT be taken concurrently.  Participants not wishing to take the entire sequence are welcome to take any course that interests them pending prerequisite knowledge. 

Course Waiver for Students who hold a Project Management Certificate

Individuals who have completed the PSGV Project Management Certificate in the last four years may waive the first course in the Risk Management Certificate and need only two courses to complete the program:  Project Risk Analysis and Project Risk Response Planning, Monitoring and Control.

Required courses below. Note: Individuals who hold the PSGV Project Management Certificate do not need to take Course One

Registration available soon. For registration options, click here. 

 For more information, call  Ed Weckerly at 610-725-5377. 

This is a PDO (Professional Development Opportunity) eligible program.


Fall 2014 / Spring 2015 Schedule

Early registration
discount of $50.00 for BUSAD 5814 if registered by August 19, and for BUSAD 5815, if registered by October 14

Course # Course Title
Course descriptions below
Sessions

     Time 

       Fall I

Fall II

Course One:
BUSAD 5814
21 PDUs
Project Risk Management Planning & Identification

7

6:00 - 9:00 p.m.
Tues., 8/26 - 10/7
$595
 
Course Two:
BUSAD 5815
21 PDUs
Project Risk Analysis

7

6:00 - 9:00 p.m.

 

 

Tues.,10/21 - 12/2
$595

Course # Course Title
Course descriptions below
Sessions

     Time 

Spring I

Spring II

Course Three:
BUSAD 5816
21 PDUs
Project Risk Response Planning, Monitoring and Control

7

6:00 - 9:00 p.m.

Tues., 1/13 - 2/24
$595

 


Course Descriptions

BUSAD 5814: Project Risk Management Planning and Identification:   This course covers the various tools and techniques on how to properly and efficiently identify risks as well as learn different ways to mitigate each identified risk. Students will learn risk identification skills and will then undergo the process of how to create and maintain a Risk Management Plan. Risk is a universal concept which spans across all industries and is an integral part of project management at a holistic level.

BUSAD 5815: Project Risk Analysis:  Students will learn how to analyze, prioritize, and utilize various risk management tools to ensure effective risk detection and determining the probability and impact on project objectives. Tools and techniques for qualitative and quantitative risk analyses will also be covered.

BUSAD 5816 Project Risk Response Planning, Monitoring and Control:   Project risk control and risk monitoring and planning are the focus of this course. Emphasis will be placed on techniques for tracking risk responses and monitoring how they are performing against the project plan. The student will also learn how to detect new risks to the project on an ongoing basis and how to manage them effectively. By the end of the course, the student will be able to develop options to mitigate risk impact, apply tools, techniques and strategies to negate risks or threats.

Note: The University reserves the right to cancel courses owing to insufficient enrollment or other unforeseen circumstances.

Student Testimonials

"I highly recommend Penn State Great Valley's Project Risk Program for professionals who would like to see improved results within their companies while dealing with Risk Management.

We were able to take the tools and methods being taught and convert them into useful processes for our company, as we progressed through the program from day one.  Additionally, we effectively identified and managed significant risks by defining what risk was, ranking the likelihood and impact severity of each risk listed within our risk assessment.  Planning a response to the risks gave everyone involved, a focused direction on action steps and desired outcomes.

By being proactive with risk management, and developing a structured, yet easy to follow approach taught at Penn State Great Valley, we improved one of our larger project's financial outcome, delivered for our client, improved the quality of life for the project team, and created a huge opportunity for our vendor partners."
-Don Swasing, Chief Operating Officer, Schlouch Inc.

"The Project Risk Certificate Course provided concepts that we immediately introduced in our organization. Within a relatively short time we began seeing positive results for our company and our employees, a direct result of investing in the education. The results were not only financial rewarding but also reduced stress for our team by being prepared for risks in advance. I would recommend this Course to anyone who wants to become more proactive and take their company or team to the next level."
- Glen Powell, Paving Dept. Coordinator/Project Manager, Schlouch Inc.




Students with Disabilities
Penn State encourages qualified persons with disabilities to participate in its programs and activities. If you anticipate needing any type of accommodation or have questions about the physical access provided, please contact Student Services at 610-648-3200 in advance of your participation or visit. Click here for more information.