Course Ref: TTK
RISK REWARD
MANAGEMENT
1 to 2 day course which provides in depth understanding the methods and tools for risk management of product development, new product introduction and product management. In addition, it provides ways to manage both reward and risk to achieve product and market profitability.
Course Aims and Objectives
By the end of the course you should have:
Clearly understood:
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The need to manage both Risk and Reward
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How and When to apply tools and techniques
the overall process or approach to managing Risk, Issues and problems -
How to challenge assumptions and identify and assess Risk
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How to challenge assumptions in order to adopt appropriate mitigation and contingency plans
Become familiar with the tools and techniques to assess the Risks AND
rewards of business projects, proposals and products within a Virtual
Team
Experienced practical tools and techniques
Participated and shared experiences
Style
Participative, informative, interactive and fun
Practical examples to aid understanding
Experiential - 'thematic' exercises
Practical examples to aid understanding
Pragmatic hints and tips
Bias towards understanding principles and practices vs manipulating software
tools
Course Content
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Session 0: |
Course Aims and Objectives and Issues Board |
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Session 1: |
Risk and Rewards (Opportunities) Projects and Time to Market |
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Session 2: |
Project Risk Management Tools and Techniques for Product Development and Launch |
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Session 3: |
Risks and Rewards in Business and Portfolio Life-Cycle |
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Close for the Day |
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Typical Methods and Tools
Stakeholder Map
Risk Classes Checklist
Critical Path
Risk probability/impact matrix
Risk Register/log
Attractiveness, Risk, resource Model (ARRM)
Base Case and Sensitivity Analysis
Future Scenarios
For more information please follow the following links:
New
Product Introduction (NPI) or New Product Development (NPD)
Product
Definition (PD) and pragmatic Quality Function Deployment (pQFD)
Product Marketing and Management
Time
to Market Control and Compression (TtMCC)
Product
Innovation with Market, Technology and Process Innovation
Design
for Six Sigma (DFSS) or Six Sigma Product Development (SSPD) implementation
programme
Product
Development Training Course Workshop
Product
Development, Marketing and Management Software Applications
Time
to Market Product Development Healthcheck Assessment Audit
