Risk and Decision Analysis - DPS 51045

DPS 51045 36 hours

This course currently has no upcoming scheduled dates. Please check back here soon.

Formerly DPS 16485 Project Management VI: Risk & Decision Analysis

In an age of constant technological change and an ever-shifting business environment, the only thing that is certain is uncertainty. Identifying and addressing risks in the implementation phase of a project can lead to costly fixes and, in a worst case scenario, project failure. This course will focus on the tools and techniques applied to risk and decision analysis in all phases of a project and help project managers to not just detect potential risks, but also predict and proactively manage all types of risks.


On completion of this course, students will:

  • Understand the elements of project risk management;
  • Identify, qualify, quantify and develop a response strategy, and monitor and control project risks;
  • Apply risk management processes, including inputs, tools and techniques; outputs, including risk register, PERT, decision trees and influence diagrams; and simulations;
  • Understand the influence of psychological and mathematical elements of risk;
  • Build on the foundation of the Project Management Fundamentals and Project Planning, Estimating and Scheduling courses.

Additional Comments

  • Textbook required
  • Daytime offering only
No longer accepting applications: Project Management Diploma Program (Part-time)Project Management Diploma
Current Classes

Call (204) 982-6633 to register today!

DPS 51045 1702 Risk and Decision Analysis Instructor: TBA
Wed -
to (7 classes)
Room: 1AN03A

Dates: Oct 25,Nov 1,8,15,29,Dec 6,Jan 10

No class: 22-Nov-17 & 3-Jan-18

Please be advised that this course will be on Nexus. You will be given access two days before the course start date. Your log in information is the same as your Webadvisor

You can find Nexus tutorial videos here http://uwinnipeg.ca/student-learning-technologies/nexus/nexus-introductory-videos.html

View course outline and textbook information

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