Risk Management and Resource Evaluation | Free Online Course | Alison
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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.

Software Development
Free Course
This free online course on Risk Management and Resource Evaluation provides a comprehensive guide on how you can manage risks and allocate appropriate resources to projects. You will learn about organizational and team structures, as well as project crashing. You will also learn about different categories and phases of resource allocation. Start this course today to learn more about risk management and resource evaluation in project management.
  • Duration

    4-5 Hours
  • Certification

    Yes
  • Mobile Friendly

    Yes
  • Publisher

    NPTEL
  • Accreditation

    CPD

Description

Modules

Outcome

Certification

View course modules

Description

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.

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Learning Outcomes

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.

Certification

All Alison courses are free to enrol, study and complete. To successfully complete this Certificate course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this Certificate course, you have the option to acquire an official Certificate, which is a great way to share your achievement with the world. Your Alison Certificate is:

Ideal for sharing with potential employers - include it in your CV, professional social media profiles and job applications
An indication of your commitment to continuously learn, upskill and achieve high results
An incentive for you to continue empowering yourself through lifelong learning

Alison offers 3 types of Certificates for completed Certificate courses:

Digital Certificate - a downloadable Certificate in PDF format, immediately available to you when you complete your purchase
Certificate - a physical version of your officially branded and security-marked Certificate, posted to you with FREE shipping
Framed Certificate - a physical version of your officially branded and security-marked Certificate in a stylish frame, posted to you with FREE shipping

All Certificates are available to purchase through the Alison Shop. For more information on purchasing Alison Certificates, please visit our FAQs. If you decide not to purchase your Alison Certificate, you can still demonstrate your achievement by sharing your Learner Record or Learner Achievement Verification, both of which are accessible from your Dashboard. For more details on our Certificate pricing, please visit our Pricing Page.

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