Linda Nozick is Professor and Director of Civil and Environmental Engineering at Cornell University. She is co-founder and a past director of the College Program in Systems Engineering and has been the recipient of several awards, including a CAREER award from the National Science Foundation and a Presidential Early Career Award for Scientists and Engineers from President Clinton for “the development of innovative solutions to problems associated with the transportation of hazardous waste.” Dr. Nozick has authored over 60 peer-reviewed publications, many focused on transportation, the movement of hazardous materials, and the modeling of critical infrastructure systems. She has been an associate editor for Naval Research Logistics and a member of the editorial board of Transportation Research Part A. Dr. Nozick has served on two National Academy Committees to advise the U.S. Department of Energy on renewal of their infrastructure. During the 1998-1999 academic year, she was a Visiting Associate Professor in the Operations Research Department at the Naval Postgraduate School in Monterey, California. Dr. Nozick holds a B.S. in Systems Analysis and Engineering from the George Washington University and an MSE and Ph.D. in Systems Engineering from the University of Pennsylvania.
Risk management is a key function in project management. Project managers should be able to apply a variety of risk-management tools in their work, including performing risk identification, quantification, response, monitoring, and control.
In this course from Professor and Director of Civil and Environmental Engineering Linda K. Nozick, you will examine the nature and types of project risk and learn to apply specific mitigation strategies.
You'll have an opportunity to analyze a past project you've worked on and assess what the risks might have been and why. Then you'll analyze the outcomes: Did the known risks come to fruition? What were the leading indicators? What could they have done for contingency planning at the beginning? By asking these questions, you'll then be able to perform several calculations to compute the probability that a project will finish on time.
You are required to have completed the following courses or have equivalent experience before taking this course:
- Organizing the Project and Its Components
- Planning and Managing Resources
Key Course Takeaways
- Define project risks and the iterative process for the identification of evolving risks
- Employ practical tools to assess the likelihood and probable consequences of risks
- Evaluate possible responses and mitigations
- Apply strategies to mitigate risk