Applied Risk Management

Aims to provide the participants with a deeper understanding of the importance of and techniques of implementing project risk management practices of any project prior to and during execution of projects.

Project Management Institute (KMI) HRDF SBL-Khas claimable Sharma Management International Sdn Bhd

3-DAY WORKSHOP | HRDF SBL CLAIMABLE | 21 PDUs

APPLIED RISK MANAGEMENT

Overview
Implementing Project Risk Management is an advanced course in project management. It aims to provide the participants with a deeper understanding of the importance of and techniques of implementing project risk management practices of any project prior to and during execution of projects.

Terminal Objective

This course aims to provide an avenue for participants to learn how to manage real project risks so that projects may be undertaken in a structured manner to enable them to be implemented effectively. It covers all key areas for projects to be completed successfully and participants attending the course will receive 21 PMI approved PDUs.

Key course outcomes

  • Define fundamental approaches to project risk management;
  • Identify project risk characteristics and risk elements that have to be considered;
  • List categories and sources of risks;
  • Recognize the difference between known and unknown risks;
  • Plan for project risk management;
  • Develop a risk register and risk response plan;
  • Recognize the significance of assumptions in projects;
  • Undertake qualitative and quantitative risk analysis;
  • Evaluate risk probability and impacts;
  • Develop an appropriate project risk response;
  • Undertake monitoring and controlling of project risks.

FEATURED CLIENTS

British Petroleum IRDA Mesiniaga Dyson Gamuda

APPLIED RISK MANAGEMENT COURSE SYLLABUS & OUTLINE

Day 1: Developing a Risk Management and Risk Register for the Case Study

Time

Activity

9.00

Introduction and Overview

9.05

Pre Test for Implementing Project Risk Management

9.15

Introduction to Project Risk Management

9.45

Overview on the duality of project risks

10.30

TEA BREAK

10.45

Key steps in Project Risk Management

  • Risk Planning;
  • Risk Identification;
  • Risk Analysis;
  • Developing Risk Response; and
  • Monitoring and Controlling Project Risk.

13.00

LUNCH

14.00

Planning Project Risk Management

  • Risk Register;
  • Risk Breakdown Structure; and
  • Probability and Impact Matrix.

15.30

TEA BREAK

15.45

Applications Lab for the day based on planning for risks for the case study developed for the client

16.45

Overview of project management planning

17.00

Question and answer and wrap up for Day 1

Day 2: Analyzing Risks Identified for the Case Study
Day 3: Developing a Risk Response Plan for the Case Study

FAQ & FURTHER INFORMATION

Who Should Attend?
Risk Management Templates
Training Evaluation Method
Facilitator Information
Request for proposal
Approved Training Provider with HRDF (PSMB) KMI Authorized Training Partner NHRC Registered Consultant for SMEs Project Management Institute Registered Education Provider SCRUMStudy Authorised Training Partner VMEdu Authorised Training Partner
© 2007-2018 All rights reserved — Sharma Management International Sdn Bhd (767951-X), 16-4 Subang Business Center, Jalan USJ 9/5T, 47500 Selangor, Malaysia. Project Management Institute ("PMI"), Project Management Professional ("PMP"), and the PMI Registered Education Provider logo are registered trademarks of the Project Management Institute, Inc. All trademarks are owned by their respective owners. Learn more about our global network.
Like us on Facebook @sharmamgmt Follow us on Twitter @sharmamgtint Subscribe to our YouTube channel Follow us on LinkedIn