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IDBx: Risk Management in Development Projects

4.5 stars
28 ratings

Learn to preemptively manage positive and negative events that may affect the execution of a development project.

10 weeks
2–3 hours per week
Self-paced
Progress at your own speed
Free
Optional upgrade available

There is one session available:

19,915 already enrolled! After a course session ends, it will be archivedOpens in a new tab.
Starts Mar 27

About this course

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Project teams usually spend a large portion of their time solving problems instead of preventing them. Project risk management seeks to preemptively manage positive and negative events that may affect a project so as to improve its chance of success.

What will you be able to do by the end of the course?

  1. Identify risks in scenarios of uncertainty
  2. Determine who can help you
  3. Understand how to manage risks in settings with limited resources
  4. Develop risk response strategies
  5. Monitor and update risks throughout the life of the project

Who is this course for?

The course is aimed at people from Latin America and the Caribbean.

  • Project managers or supervisors
  • Project team members
  • Funders and financiers
  • Public officials from national, subnational, and municipal entities
  • Professionals from different fields who help develop and execute projects
  • Professionals Interested in risk management in development projects

By taking this course you will have the opportunity to share your knowledge and experience with other participants. There will be a case study through which you will be able to apply best risk-management practices to a project and you will also carry out practical exercises that will help you understand key concepts.

Course content is based on the Inter-American Development Bank’s risk management methodology, which is aligned with A Guide to the Project Management Body of Knowledge, Sixth Edition, 2017, of the Project Management Institute (PMI)®.

This course is "self-paced" so you can enroll at any time, even if the course has been open for a while. You can take it at the time that is most suitable for you inside the enrolment period of the course.

If you choose the Audit Track , you can complete the course for free, but you won't have access to graded activities, and you won't be able to obtain a certificate upon course completion.

If you opt for the Verified track , you can access the course in an unlimited way and complete the qualified evaluations until the closing date, after making a payment of $25 . If you pass, in addition to the verified certificate, you will obtain a digital badge that allows you to change the way you share your academic and professional achievements, as for example, on social media.

*Did you know there is a financial aid to opt for the verified certificate?

EdX financial help: edX offers financial assistance for learners who want to earn Verified Certificates but who may not be able to pay the Verified Certificate fee. Subscribe to the course and apply for financial assistance.

See more information in the Frequently Asked Questions section below.

At a glance

  • Institution: IDBx
  • Subject: Business & Management
  • Level: Intermediate
  • Prerequisites:

    We recommend that participants be PMPs or CAPMs, or have prior project management training.

  • Language: English
  • Video Transcript: English
  • Associated programs:
  • Associated skills:Risk Management, Project Risk Management, Project Management Institute (PMI) Methodology, Project Management Body Of Knowledge (PMBOK) Methodology

What you'll learn

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  1. Identify the main stages involved in preparing a risk management plan for development projects following the IDB’s methodology, which is based on PMI’s international standards, to successfully achieve expected results and impacts.
  2. Recognize the process of identifying risks that may affect the project and documenting their characteristics to facilitate risk analysis and subsequent management.
  3. Recognize the main elements of the risk analysis process and evaluating and combining risks’ probability of occurrence and impact to prioritize them.
  4. Recognize risk management strategies that allow for managing opportunities and threats that could impact the project’s objectives.
  5. Recognize the main elements of the risk monitoring process and continuously optimizing responses to improve efficiency when managing the project life cycle.

Learner testimonials

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Discover in this map some participant’s testimonies of our program.

Frequently Asked Questions

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What does “AUDIT TRACK” mean?

Access to the course in Audit Track is free, but you won't be able to access graded activities or obtain a verified certificate.

What does “VERIFIED TRACK” mean?

If you want to obtain the verified certificate of the course, you should opt for the verified mode, which costs 25 USD and achieve a final grade of 65% or more.

This way, in addition to the approval certificate, verified with your personal information, you will have access to all the course’s evaluations, and you will be able to consult the learning resources indefinitely. If you pass this course with 65%, you will also receive a digital badge that allows you to change the way you share your academic and professional achievements, for example, on social media.

This course is part of Results-Based Project Management Professional Certificate Program

Learn more 
Expert instruction
3 skill-building courses
Self-paced
Progress at your own speed
8 months
2 - 3 hours per week

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