Common Risk Management Mistakes

Risk management is a key component for increasing project success rates, but even experienced Project Managers can stumble with this concept. This course will provide a refresher on basic Risk Management processes and highlight the most common mistakes made in managing risk. There are many sources of project risk and many areas within projects which are affected by the quality of risk management activities. Learning the most common mistakes can help avoid them and improve project performance.

How You Will Benefit

Students completing this course will learn the most commonly made risk management mistakes. Knowledge of these mistakes helps PMs to manage risks within their projects. Additionally, we will provide a high-level review of the core A Guide to the Project Management Body of Knowledge (PMBOK® Guide) concepts which make up the Risk Management process.

What You Will Learn

In this course you will learn concepts for managing project risk including:

Understanding the basic risk management processes according to the PMBOK® Guide.
Identifying the most common mistakes made when managing risk in projects
Adopting a proactive approach to identifying risk and using enhanced risk management
Maximizing the effects of potential opportunities and minimizing or eliminating threats to project objectives

Who Should Attend

This course is intended for students who are involved in risk management activities as members of a project team or project management team.

Format

Video-On-Demand: Includes 6-months digital access to all training materials.

Duration / PDU Value

This course has been approved by PMI for 1 PDU.

Outline

Introduction

Learning Objectives and Agenda

Basic Risk Management Process Steps

Overview - Risk Management
Prepare a Risk Management Plan
Identify and Analyze Project Risk
Plan and Implement Risk Responses
Monitor Risks

Common Risk Management Mistakes

Missed Considerations - Opportunities and Threats
Commonly Confused Risk Terminology
Improper Use of Risk Tools and Techniques
Information Communication

Conclusion

We are not currently running any public CRMM courses. Please contact us for group pricing.

Common Risk Management Mistakes

Video On Demand

Online Course

On Demand

$99 USD
$49 USD

$99 USD $49 USD

View full CRMM exam prep course schedule.

CourseID: 36048E

1 Year Subscription

1 year subscription to over 150+ PDU hours

$495 USD

$495 USD

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FAQs

How will learning about risk management mistakes help me in my project management career?

Understanding common mistakes gives you an edge as a project manager. By knowing where others often stumble, you can avoid those pitfalls, manage risks more effectively, and build a reputation for leading projects that deliver on time and within scope.

What makes this risk management course different from a general project management refresher?

This course goes straight to the pain points. Instead of covering project management broadly, it zeroes in on the most common risk management mistakes and how to prevent them. You’ll also get a quick review of core PMBOK® Guide risk processes to keep your knowledge sharp.

How does improving risk management skills affect project success rates?

Better risk management directly improves project outcomes. When risks are identified early and managed properly, teams reduce delays, control costs, and maximize opportunities. Strong risk skills help you keep projects on track and increase overall success rates.

Does the course cover how to communicate risk information effectively to stakeholders?

Yes. The course highlights the importance of clear communication in risk management and shows you how to share risk information in a way stakeholders understand. This helps ensure alignment, buy-in, and better decision-making throughout the project.

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