ReCh Management Centre - Project Risk Management - Project Risk Management - View courses templates

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Project Risk Management

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Start DateVenue1 Week2 Weeks

Request a dateLondon 2,500 3,750
Request a dateLondon 2,500 3,750

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Course Overview

All projects are inherently risky, and zero risk is not an option. The successful project manager will therefore be the one who manages risk effectively. Threats must be minimised and opportunities maximised, while maintaining a clear focus on achievement of objectives.

 Course Objectives

At the end of the course delegates will be able to:

•  How to recognise risk within your projects, distinguishing risks from their causes and their effects, and exposing both threats and opportunities
•  The requirements for a proactive approach to identifying and assessing risk exposure, addressing both threats and opportunities
•  How to apply proven techniques for prioritising risks, allowing you to determine the areas requiring particular attention
•  How to develop appropriate response strategies to identified risks
•  How to ensure effective management of uncertainty and maximise the likelihood of achieving your project objectives
• Your preferred risk psychology, revealing sources of bias and enabling these to be recognised and countered

Course Outline

Definitions of risk

Why use risk management
The risk process

Risk Management Planning

Focusing the risk process
The Risk Management Plan

Risk Identification

How to use key techniques
Risks, causes & effects

Qualitative Risk Analysis

Probability and impact
Risk categorisation
Recording and reporting risk

Quantitative Risk Analysis

The role of quantitative analysis
Monte Carlo simulation
Developing a risk model
Understanding outputs

Risk Response Planning

Risk Owners
Risk response strategies

Risk Monitoring & Control

Risk reviews
Staying in control

Behavioural aspects

Sources of bias
Risk attitudes (with exercises)

Benefits & Implementation

Benefits of risk management
Downside of risk management
Implementation issues



E-Reader Included.

*Course fee is not inclusive of VAT

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