Risk Management


Risk Management Fact Sheet

All projects involve some degree of risk, as do all aspects of life. The Risk Management course is designed to assist Project Managers in the process of identifying, managing and mitigating risks continuously throughout the project life cycle. This is to reduce impacts on project costs and schedule.

The 1 or 2-day Risk Management course teaches the principles and standards of risk management to enable you to identify, track and manage high risk factors in the project life cycle. The course will cover Risk Management Planning, Risk Identification, Qualitative Risk Analysis-Priority Setting, Quantitative Risk Analysis-Effects, and Risk Response Planning.

Each lecture teaches in depth risk identification analysis, management and control in a project environment. This is followed by hands-on examples and group exercises geared towards your industry and expertise to reinforce the concepts introduced and to mimic real-world situations.

Key Learning Points:

  • Gain an in-depth understanding of the project risk cycle
  • Identify project risks
  • Determine the probabilities and impact of each risk
  • Learn the four approaches to risk
  • Formulate an effective risk management plan
  • Asses risks with qualitative and quantitative tools
  • Learn what leading companies are doing to manage risk
  • Gain knowledge about tools to manage risk in a project environment

Recommended for:
Senior and Middle Managers, Project Managers and Team Leaders, particularly those in Marketing, Technology, and Operations, who need to learn how to manage and mitigate risks to schedule cost and quality (functionality) specifications. Also valuable for sponsors and stakeholders who need to increase or update their risk management skills. Also for those involved with projects who have never had formal training in risk management, abatement and control.


PDU Credits:

1 or 2 day