Fundamentals of Risk Management and Resource Evaluation
Free online course on risk management, resource allocation, software quality, as well as PERT and Maslow’s Hierarchy.Publisher: NPTEL
CertificationView course modules
This free online course on Risk Management and Resource Evaluation will begin by introducing you to PERT and project crashing. You will learn about how PERT uses three probabilistic time estimates for activities and how the duration of a project is reduced through the process of project crashing. You will learn about Maslow’s hierarchy of needs with regards to employee motivation and how Herzberg’s 2 Factor Theory affects job satisfaction. You will also study the characteristics of the organisation and team structure as well as their advantages and disadvantages.
This course will then discuss team structure and risk management. You will learn about the chief programmer team, democratic team and hierarchical team. You will learn about the different categories of risk such as market risk, financial risk, project risk and technological risk as well as how to manage them. You will then be introduced to the importance of having quality software products that satisfy the requirements specified in the SRS document.
Lastly, this course will introduce you to the concept of resource allocation. You will learn about the categories of resources; labour, equipment, materials, space, services, time and money. You will learn about the importance of identifying resource requirements and how to prepare a resource requirement list. This course will present the different phases of resource allocation as well as teach you how to maximize the percentage usage of resources. Start this course today and learn more about risk management and resource evaluation in software project management.Start Course Now
Organisational Structure and Risk Management
Organizational Structure and Risk Management - Learning Outcomes
PERT and Project Crashing
Organisation and Team Structure
Team Structure and Risk Management
Risk Management and Introduction to Software Quality
Organisational Structure and Risk Management - Lesson Summary
Resource Evaluation - Learning Outcomes
Introduction to Resource Allocation
Phases of Resource Allocation
Outcomes of Resource Allocation
Resource Evaluation - Lesson Summary
Having completed this course, you should be able to:
- Outline the three probabilistic time estimates PERT uses for each activity.
- Analyze Herzberg’s 2 factor theory with regards to job satisfaction.
- Discuss the methods for improving job satisfaction.
- Identify the role of a chief programmer.
- Identify the framework for dealing with risk.
- Define the purpose of a resource requirements list.
- Discuss the processes of scheduling resources.
- Describe how to represent cost schedules.
- Discuss the scheduling process.
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