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Understanding Risk Management: Exploration of Core Concepts (APPEL-RMCC)

PARTICIPANT TESTIMONIALS

  • Program / Project Management
    Program / Project Management

Skill Level: Open to all

This course provides detailed insight of NASA’s risk management principles and practices. The course takes up and explores in greater detail core concepts introduced in Fundamentals of Risk Management at NASA course. Recommended approaches and guidance for applying Risk Informed Decision Making (RIDM) and Continuous Risk Management (CRM) processes are introduced through engaging lecture, discussions, small group collaborative exercises, and case studies. Required pre-requisite Fundamentals of Risk Management at NASA SMA-OV-WBT-137 available in SATERN late February, 2025.

This course is designed for NASA’s technical workforce, including systems engineers and project personnel who seek to develop the competencies required to succeed as a leader of a project team, functional team, or small project.

Project Management Competencies
Systems Engineering Competencies

Click here to view the Competency Models.

Upon completion of this course, participants will be able to:

  • Describe NASA’s risk management policy.
  • Analyze NASA risk management processes as defined by the Risk Management Handbook.
  • Describe NASA’s Objectives-Driven Risk Management Framework (ODRMF).
  • Describe Risk Leadership and how it enables NASA’s mission success.
  • Explain individual roles and responsibilities for identification and management of risks.
  • Explain technical and cross-organizational integration of risk perspective.
  • Describe the foundational elements and key components of the ODRMF.
  • Explain the purpose and application and illustrate the steps and implementation of risk-informed decision making.
  • Explain the relationships between project decisions and project risks.
  • Explain the purpose and application and illustrate the steps and implementation of continuous risk management.
  • Identify sources of risks and circumstances that may result in risks.
  • Evaluate the risk management requirements for a project or program.
  • Formulate an appropriate risk management approach in a risk management plan