Project Risk Management
|Name:||Project Risks Management|
|Unit Standard ID:||120374|
|Unit Standard Title:||Contribute to the management of project risk within own field of expertise|
|Module:||Project Monitoring And Evaluation|
|Qualification:||National Certificate: Generic Management|
|Programme:||Certificate in General Management & Leadership|
|Purpose:||Learners accessing this standard will be working as a leader in the context of a small project/sub-project involving few resources and having a limited impact on stakeholders and the environment or working as a contributing team member on a medium to large project when not a leader. These projects may be technical projects, business projects or developmental projects and will cut across a range of economic sectors. This standard will also add value to learners who are running their own business and recognise that project management forms an integral component of any business. |
The qualifying learner is capable of:
1.) Identifying and recognising potential risks that could affect project performance.
2.) Contributing to the assessment of the impact and likelihood of identified risks.
3.) Contributing to the development of risk management statements and plans.
4.) Monitoring and controlling the project risks.
|Entry Requirements:||Learners accessing this qualification will have demonstrated competence in mathematics and communication skills at NQF level 4 or equivalent.|
Learners accessing this qualification will have demonstrated competence in computer literacy and applicable software at NQF level 4 or equivalent.
ID 120373- Contribute to the project initiation, scope definition and scope control.
ID 120372- Explain fundamentals of project management.
|Course Objectives:||1.) Identify and solve problems pertaining to contributing to the management of risks and risk assessment. |
2.) Organise and manage one's self and one's activities in order to have the required risk information available as and when required.
3.) Collect, analyse, organise and critically evaluate information required to correctly assess negative and positive events on project objectives.
Collect, analyse, organise and critically evaluate information pertaining to the management of risk on a project within own field of expertise.
4.) Communicate effectively with others when contributing to the management of risk.
5.) Use science and technology when assessing and controlling project risks.
6.) Demonstrate an understanding of the world as a set of related systems, understanding the impact of risk on the overall success of a project.