Introduction to Project Risk Management

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Course Delivery Options

In house and Public Program

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Overview

The course “Project Risk Management” aims to provide the participants with a deeper understanding of the importance of and techniques of risk management practices when applied within the context of project management.

This course aims to provide an avenue for participants to learn how to manage risks normally encountered in projects in a proactive manner so that projects are managed in a structured manner with minimal interruptions and costly errors.

 

Terminal Objective 

The terminal objective of this program is that the participants will be able to independently identify, analyze and integrate risk response plans for projects undertaken. Essentially they will be able to implement risk plans effectively to ensure that project objectives are met.

 

At the end of the program the participants will be able to

 

  1. Recognize the types of risks pertaining to managing projects
  2. List the impacts to project schedules, cost and quality as a result of risks faced
  3. Identify risk categories for infrastructure and asset management based projects
  4. Assess risks faced in managing infrastructure and asset management based projects
  5. Plan for risk management in projects
  6. Develop a risk register and risk response plan
  7. Evaluate risk probability and impacts
  8. Strategize actions to be taken to address risks identified
  9. Monitor risk response planned to ensure they are undertaken as planned

 

The key areas of focus for this program for the three days will be on the following

 

Day One –Project Management Risk Planning

 

Day Two –Project Management Risk Assessment and Response

 

Skeletal Course Framework

Introduction to Project Risks Management

Planning for Risk Management

Identifying risks in projects

Types of risks categories

Tools and techniques for risk identification

 

Types of risks categories

Risk Analysis Tools and Techniques

Overview on planning for risk response

Options for managing risks

Techniques for controlling risks

 

Selected Past Clients