Course Description
This comprehensive 5-day course equips project professionals with essential risk management skills. Participants will learn to identify, assess, and mitigate project risks effectively using industry-standard techniques. The course covers risk management fundamentals, advanced analysis methods, and practical application of risk strategies.
Learning Objectives
- Understand core risk management concepts and their importance in project success
- Master techniques for identifying and categorizing project risks
- Learn to perform qualitative and quantitative risk analysis
- Develop effective risk response strategies and contingency plans
- Apply risk monitoring and control techniques throughout the project lifecycle
Course Modules
Day 1: Introduction to Risk Management
- Risk management fundamentals
- Risk management process overview
- Risk identification techniques
- Risk categorization and classification
Day 2: Risk Analysis
- Qualitative risk analysis methods
- Quantitative risk analysis techniques
- Probability and impact assessment
- Risk prioritization
Day 3: Risk Response Planning
- Risk response strategies
- Developing contingency plans
- Risk mitigation techniques
- Opportunity management
Day 4: Risk Monitoring and Control
- Risk tracking and reporting
- Key risk indicators (KRIs)
- Risk reassessment and updates
- Integrating risk management into project processes
Day 5: Advanced Risk Management Topics
- Enterprise risk management
- Risk management tools and software
- Stakeholder communication in risk management
- Case studies and practical applications
Practical Wins for Participants
- Create a comprehensive risk management plan for a real-world project
- Develop a risk register template for future use
- Learn to use quantitative risk analysis tools
- Gain hands-on experience with risk monitoring and reporting techniques
Credits: 5 credit per day
Course Mode: full-time
Provider: Blackbird Training Centre
