* All fees are exclusive of vat
** PREMIUM - Customize your learning experience
Project risk management is a set of management techniques aimed at ensuring that actual and planned project outcomes coincide, or better. As such, project risk management is practiced by the great majority of project planners, project managers, and their staff. Risk management is embedded in nearly every facet of planning and implementing a project. The training course will identify a set of techniques that can be applied cost-effectively to manage the risk to those projects which are unlikely to proceed to plan without a specific focus on risk.
What Do Participants Learn?
Create a risk management plan (RMP)
Develop a risk register
Analyse risks through qualitative and quantitative measures
Recognise and implement risk response strategies
Recognise what is required when making decisions under uncertainty
Understand the psychological factors involved in decision-making
Monitor and control risk
Identify emerging risks
Manage the change progress
Effectively deal with work pressure and challenging situations
Who Should Attend?
Project managers and project directors, project team members wishing to move into project management roles, project planners and technical and engineering staff wishing to develop skills in managing projects.
Operational staff with a basic understanding of project management tools and techniques
What Will the Learning Experience Include?
Comprehensive pre-program activities include:
Web-based information forms & surveys completed by attendee.
Direct consultation with the attendee about the expectations.
During the training, participants engage in data, activities, and conversations that lead to insight and knowledge.
Participants learn from expert trainers who have both academic and business experiences.
Highly applicable training content & instructive activities for adding depth to training topics.
**A half-day site visit for integrating the experience & plan next steps. Opportunities to provide connections, ideas & support.
Explore & Practice
Apply & sustain the learning experience by using this ongoing support:
To ensure participant has new skills or behavior progress.
Optional, fee-based mentoring & coaching with the trainer.
Training materials & additional documents (e-books, pdf files, presentations and articles)
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Section One: Overview of risk management
Recognizing risks during projects
Risk management best practices, tools and techniques
Creating a risk management plan for the project
Section Two: Applying qualitative analysis to improve performance and minimize the risk
Probability and impact analysis
Creating a probability impact matrix
Differentiating between acceptable and unacceptable risk
Creating and implementing risk response strategies during the project life cycle
Section Three: Contingency planning
Dealing with uncertainties
Identifying an unacceptable scenario
The decision-making process
Section Four: Management of Change
Identifying changes due to risk elements
Understanding available resources to manage the change