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 which 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.
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 project.
Operational staff with a basic understanding of project management tools and techniques
Day One: Overview of risk management
Recognising risks during projects
Risk management best practices, tools and techniques
Creating a risk management plan for the project
Day Two: Applying qualitative analysis to improve performance and minimize the risk
Probability and impact analysis
Creating probability impact matrix
Differentiating between acceptable and unacceptable risk
Creating and implementing risk response strategies during the project life cycle
Day Three: Contingency planning
Dealing with uncertainties
Identifying unacceptable scenario
The decision-making process
Day Four: Management of Change
Identifying changes due to risk elements
Understanding available resources to manage the change
Managing the change process
Day Five: Managing stress – skills & techniques
Goal setting & time management
NOT INTERESTED IN THIS COURSE?
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