Project Risk Management Training

The success of any project depends on how well it adapts to risks. In this course, you will learn to identify risks in a project and create strategies to address them.

Our risk management experts with real-world experience in managing risks will teach you to identify, assess, and prioritize risks, and give you the tools to manage risk.

Risk Management is the key differentiator for successfully completing projects on time and within budget. Poor risk management can result in heavy losses for any organization.

This course helps you understand the tools and techniques of Project Risk Management and how to apply them to develop a Project Risk Register for a sample case study under consideration.

You will learn to tackle risks by identifying and analyzing change, potential risk factors, and ways to circumvent them.

Key Features

• 8 Hours of Live, Instructor-Led Sessions 

• Coaching by Experienced Risk Management Experts 

• Balanced Mix of Classroom and Practical Sessions

• Hands-on Learning with Group Exercises

• Downloadable Comprehensive Courseware

• Master Concepts Through Case Studies and Activitie

Outlines

• Introduction to projects and project risks

• Human aspects of Risk Management (Risk attitude – risk taking, risk neutral, risk averse)

• Risk Management – a proactive approach to managing uncertainties

• Threats and opportunities

• Known and unknown risks

• Business risks and pure risks

• Understanding the sample project case study

• Identify risks (threats and opportunities)

• Risk categories and risk breakdown structure

• Analyse and assess risks (probability and impact)

• Qualitative risk analysis

• Probability impact matrix

• Quantitative risk analysis

• Expected monetary value and decision tree analysis

• Developing risk response strategies

• Strategies for threats

• Strategies for opportunities

• Contingent strategies

• Implement risk responses

• Monitor risks

Prerequisites

• There are no prerequisites for attending this course.

Who Should Attend

• Risk Management Professionals

• Project Managers

• Program Managers

• Project Engineers

• Project Coordinators

• Planning Engineers/li>

• Team Leads

• Sponsors

• Project Directors

• Portfolio Managers

Certification

• A completion certificate is issued by Merit Global Training