Microcredentials Project Management

Project Risk Management Essentials: Part 2 – Analyse Project Risks

This is the second microlearning in the Project Risk Management Essentials learning path. As the second part, you will learn how to classify, assess, and prioritise risks using recognised analysis techniques. You’ll determine risk likelihood and impact, consult stakeholders, and document analysis outcomes to support accurate project decision-making.

13-20 hours (Self-paced)

estimated duration

100% Online

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modality

Assessments

Quizzes Written assignments Real-world scenario tasks
Project Risk Management Essentials: Part 2 – Analyse Project Risks
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What You'll Learn?

  • Apply classification criteria to risk analysis.

  • Use qualitative and quantitative methods to assess likelihood and impact.

  • Consult stakeholders to confirm risk priorities.

  • Populate a risk register with clear analysis details.

  • Support project planning through accurate risk ranking.

Additional Learning Benefits

  • Courses like this one can contribute to university credit and industry certifications.

  • Many ICT units align with industry-recognised certifications from global technology partners, such as Microsoft, Google, and other leading providers—offering clear pathways to international recognition.

Topics Covered

  • Risk Classification
    Criteria Ranking Systems Categories
  • Risk Analysis Techniques
    Qualitative Quantitative Likelihood Impact
  • Prioritisation
    Stakeholder Consultation Risk Agreement Risk Levels
  • Risk Documentation
    Analysis Notes Risk Register Entries
  • Decision Support
    Analysis Outcomes Informing Project Planning

Learning Outcomes

By the end of this course, you'll be able to:

  • Apply risk analysis classification criteria to a ranking system.

  • Analyse risks using valid qualitative and quantitative methods.

  • Determine risk priorities with stakeholders.

  • Document risk analysis outcomes for the risk register.

  • Support informed project planning through sound analysis.

Learning Pathway

SSC Online provides a flexible learning journey designed to support your goals—whether you’re upskilling, pursuing formal qualifications, or preparing for university or industry certification.

1
 

Start Here

Essential / Premium Plan: Build your knowledge and skills with flexible, self-paced learning. Access up to 100 microlearnings across high-demand fields like business, IT, project management, and cyber security.

2
 

Complete the Learning Pathway

Microlearnings: Finish all microlearnings in this pathway to build practical skills and prepare for the accredited unit.

3
 

Go Further

Accredited Units (available via Professional Plan or pay-per-certification). Complete formal assessments to earn a Statement of Attainment for nationally recognized units of competency.

4
 

Unlock More

Full Qualifications: Stack your accredited units to progress toward a full nationally recognised qualification.

5

Your Future Pathways

After completing full qualifications or selected accredited units, you can::

  • Gain credit transfer to Australian universities toward a bachelor's degree (selected units only).
  • Sit for industry-recognised certification exams (e.g., CompTIA, Azure, AWS, and others) in selected ICT units only.
  • Enhance your employability skills with industry-ready credentials.

*Credit transfer and certification opportunities are available for selected units only.


This microlearning is part of the Project Risk Management Essentials learning path, aligned with the nationally recognised unit BSBPMG536 – Manage Project Risk.

The full learning path includes:

  • Part 1: Identify Project Risks
  • Part 2: Analyse Project Risks
  • Part 3: Establish Risk Treatments and Controls
  • Part 4: Monitor and Control Project Risks
  • Part 5: Assess Risk Management Outcomes

Once you complete all five microlearnings, you can upgrade to the Professional plan. This provides access to the accredited unit. Successful completion will lead to a Statement of Attainment for BSBPMG536 – Manage Project Risk, issued by South Sydney College (RTO Code: 45279).  This nationally recognised outcome strengthens your capability to assess, interpret, and prioritise risks, enabling clearer decisions and more confident project forecasting.

Nationally Recognised Training

Ready to take the Professional Course?

Certificates Included

Australian Accredited Certification (AQF Certificate)

(Available through formal qualification pathway - Professional Track)

Statement of Attainment for accredited unit

(Unlock when you add Accredited Certification or Professional Track)

SkillX Professional Certificate

(Essential & Premium)

Project Risk Management Essentials: Part 2 – Analyse Project Risks
Try Free Course

No charge - AUD $0.00


or

Unlimited access to all SSC-developed courses in our micro-credential library.

Get this course, plus full access to all SSC skills and certification courses, with our Essential Plan. Learn more

AUD $48 per month, billed annually

$59 billed monthly

Subscribe Now Upgrade to Professional

Cancel anytime

Full access to courses

Do you have a SkillX code? Apply below or during checkout.

Try Free Course

No charge - AUD $0.00


or

Unlimited access to all SSC-developed courses in our micro-credential library.

Get this course, plus full access to all SSC skills and certification courses, with our Premium Plan. Learn more

AUD $96 per month, billed annually

$120 billed monthly

Subscribe Now Upgrade to Professional

Cancel anytime

Full access to courses

Do you have a SkillX code? Apply below or during checkout.

  1. Choose Your Plan
  2. Login to your account
  3. Start learning instantly