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Project Risk Management
21st February 2022 - 24th February 2022
Why Choose this Training Course
This is a 4-day training course. Projects involve many risks such as cost, schedule and resources. For example, you could have a delay in the schedule causing your project to be delayed by two weeks, and a resource that wasn’t available when you started the project is now available at a lower cost. As a project manager, you need to be aware of any and all risks that could affect your project. That is why we say project management is opportunity management. It is the ability to seize opportunities, minimize threats, and achieve optimum results.
In this Risk Management course, you’ll work through the proactive approach to threat and opportunity—based on a clear understanding of the powerful nature of both qualitative and quantitative approaches to risk management.
Risk Management examines threat and opportunity from both a top-down and bottom-up perspective using a proven eight-step risk management process. Using effective tools, including a highly regarded risk assessment model, you’ll learn how to evaluate and respond to risk at the project and task levels.
By applying these tools you will be able to identify, quantify, control and respond to risk in the context of the project life cycle through a risk management plan. This risk management plan will provide you with the ability to monitor and control risks throughout the execution of the project by identifying new risks, reassessing existing risks, and monitoring risk triggers.
You’ll end the course with new practices to apply in your environment and new insights on the implications and advantages of applying risk management well.
Who Should Attend
MDs, VPs, Directors, GMs, CFOs, COOs, Financial Controllers, Heads and Senior Managers responsible for:
- Project Audit
- Project Management Office (PMO)
- Project Control / Cost Control
- Internal Audit
- Risk Management
- Quality Assurance and Process Improvement
- Project / Project Planning
- Project Consultancies
- Architectural Division
- Strategic Procurement
- Site Management
Key Learning Objectives
- PINPOINT the various types of Risk
- IDENTIFY Risk
- ANALYSE & PRIORITISE Risk
- MASTER the various risk-based financial tools & techniques
- LEARN how to prioritise the various risk