What you will learn

Understand the fundamentals or risk and how to develop a proper assessment of risk using expert judgement.
Gain the skills in modeling budgets and project schedules with uncertain values for cost, duration, and resources.
Apply simulation in evaluating projects and their potential for positive return on investment under uncertainty.
Understand decision making theory and the application of both cognitive science and economics in our thinking about projects.
Know how to apply risk transfer and insurance to reduce owner and vendor risk through financial markets.

Program Overview

Expert instruction

3 skill-building courses

Self-paced

Progress at your own speed

4 months

1 - 3 hours per week

$672.30

~~$747~~USD

For the full program experience

Courses in this program

UMD and USMx's Project Risk Management: Effective Decision Making Strategies Professional Certificate
Developing the Risk Management Plan with Expert Judgement
Risk Models for Project Managers: Monte Carlo and Beyond
Strategic Decisions for Project Leaders: Exploiting Risk and Opportunity
Job Outlook

Meet your instructor
from The University of Maryland, College Park (UMD), University System of Maryland (USMx)

Gregory Baecher

Professor

University of Maryland

Experts from UMD, USMx committed to teaching online learning

Enrolling Now

$672.30

~~$747~~USD

3 courses in 4 months

Pursue the Program

I would like to receive email from UMD, USMx and learn about other offerings related to Project Risk Management: Effective Decision Making Strategies.

Also in Engineering at edX

Propelling

Drive your career forward with university-backed credit programs and verified certificates

Convenient

Study and demonstrate knowledge on your schedule

Flexible

Try a course before you pay

Supportive

Learn with university partners and peers from around the world