Why Attend This Training Course?

This training course provides an in-depth understanding of the risk management framework from start to finish. Developing a core understanding of the risk management framework, to embedding risk management within your organisation's culture, to breaking behaviour barriers that prevent successful implementation, you will finish with the ability to effectively and resourcefully assess and monitor risks using practical tools.

What Is The Training Course Methodology?

This training course methodology depends on enabling participants to interact and exchange experiences, explore their competencies and achieve their career aspirations, using forward-thinking training arts, such as theoretical lectures and/or open discussion to exchange opinions and experiences, scenarios, innovative thinking brainstorming. Participants will receive an agenda including training material as a reference, in addition to some extra notes and booklets. 

Who Should Attend This Training Course?

This training course is designed for Project Managers, Project Engineers, Project Support employees, and Business Development Staff.

What Are The Training Course Objectives?

• Understand how risk management can assist organisations to achieve their objectives and optimise decision making

• Learn about the benefits of risk management and its relationship with governance, assurance, and sustainability

• Know the types of risk faced by the organisation and the concepts of positive and negative risk

• The importance of ISO 31000: Risk management principles, framework and processes

• Gain an understanding of the importance of culture, communication, and behaviour

• Assess risk and select appropriate actions and controls using key tools

• Know how to communicate risks to all levels of your organisation, and to external stakeholders

What Is The Training Course Curriculum?

 Introduction to Risk Management Concepts

• Introduction to Risk & Risk Management

• Key Definitions

• Risk Definition and Project Risk Management

• Critical Success Factors for Project Risk Management

• Overall and Individual Risk Roles and Responsibilities

• Organisational Risk Attitudes

• Organisational Structures

Project Definition

• Stakeholder Identification & Analysis

• Stakeholder Risk Tolerances and Risk Attitudes

• Defining the Project & Project Management Plan

• Scope Management

• Schedule Management

• Cost Management

• Quality Management

Risk Management Planning

• Critical Success Factors

• Risk Identification

• Project Resource Risks

• Tools and Techniques 

Qualitative & Quantitative Risk Analysis

• Qualitative Risk Analysis

• Tools & Techniques

• Quantitative Risk Analysis

• Semi-Quantitative Risk Analysis

• Tools & Techniques

Risk Responses & Controlling

• Risk Response Planning

• Negative & Positive Risk Responses

• Measuring Results

• Risk Monitoring & Controlling

• Conclusion