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Classes meet Tuesday evenings. See schedule below.

Call  610-648-3281 for more information.

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.

Registration:  Call 610-648-3274 or register online below.

Program Overview

Required Courses - 2012 Schedule
Note: Individuals who hold the PSGV Project Management Certificate do not need to take Course One

Course # Course Title
Course descriptions below		 Sessions Time  Spring II  Summer I Fall I Fall II
Course One:
BUSAD 5814
21 PDUs		 Project Risk Management Planning & Identification

7

 6:00 - 9:00 p.m.

 

   Tues., 9/4 - 10/16
$795		  
Course Two:
BUSAD 5815
21 PDUs
 Project Risk Analysis

7

 6:00 - 9:00 p.m.

 

 Tues.,
3/20 -
5/ 1
$630
     Tues.
10/23- 12/4
$795
Course Three:
BUSAD 5816
21 PDUs		 Project Risk Response Planning, Monitoring and Control

7

 6:00 - 9:00 p.m.

Tues.,
5/15 - 6/26
$630
Register online 		    

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.