Upon successful completion of this module, students will: understand project management processes, the project life-cycle and the relationship between project stages have an in-depth knowledge of the internal and external issues to be considered when managing a project understand and apply planning and control procedures, resource management and risk management be aware of the need for leadership and management skills within a project environment and be able to apply those skillsYou must identify potential risks to a specific project plan and develop a risk plan to monitor and control risks effectively, identifying preventative and contingent actions to prevent the risk from occurring or reduce its impact, to increase the chances of achieving project success. Types of risk will depend upon the project plan used.