Project Risk Manager Essential: Mastering Risk Management in Project Environments

Led by industry experts, this intensive training program covers a wide array of topics essential for project risk management. From understanding risk management fundamentals to implementing advanced risk assessment techniques, you’ll gain invaluable insights into mitigating threats and capitalizing on opportunities.

Key Learning Objectives:

  • Gain a deep understanding of project risk management principles and concepts.
  • Learn to identify and categorize various types of risks that can impact project objectives.
  • Master techniques for qualitative and quantitative risk analysis to prioritize and assess risks effectively.
  • Explore strategies for developing robust risk response plans tailored to specific project requirements.
  • Understand the importance of continuous risk monitoring and control to adapt to evolving project dynamics.
  • Acquire practical skills using industry-standard risk management tools and software.

Whether you’re a seasoned project manager looking to enhance your risk management skills or a newcomer aiming to establish a solid foundation in project risk management, this course is designed to meet your needs. Join us and take the first step towards becoming a proficient Project Risk Manager, ready to navigate challenges and drive project success in today’s complex business environment.

Project Structure Selection

  • Planning Structures for Delivering Projects
  • Defining a risk tolerance baseline for all activity, plus incremental procedures for high-value, complex projects
  • Scaling risk management to the size and complexity of a programme or project
  • Project structures to address risks from the points of view of:
    1. Sponsors
    2. Lenders
    3. Investors
    4. Contractors
  • Concession Contract Models
  • Foreign Direct Investments
  • Joint Ventures
  • Service Outsourcings
  • Keeping Structures & Financing Flexible to Accommodate Changes
Risk Identification & Assessment

  • Risk Identification
  • Developing a Risk Matrix with Risk Ratings based on Probability and Impact
  • Types of Risk
    1. Hazard Risks
    2. Financial (business) Risks
    3. Operational (technical) Risks
    4. Strategic Risks
    5. Internal & Finance Risks
    6. External Risks
  • Risk Assessment / Analysis
  • Sensitivity Analysis – (“what if analysis”)
    1. Identifying Risks
    2. Identifying the Impacts of Risk
    3. Estimating the Likelihood of Risks Occurring
    4. Estimate the Cost of Risk
  • Risk Response / Mitigation Planning
  • Monitoring and Communicating Risk
Risk Management

  • Objective of Project Risk Management
  • Tools and Techniques for Risk Management
    1. Avoidance – modifying a project plan
    2. Transference – shifting consequences and responsibilities
    3. Mitigation – preventative action
    4. Acceptance – accepting risk outcomes
  • Limitations of Risk Management
  • Use of Insurance & External / 3rd Party Mechanisms in Risk Strategies
  • Constructing a Risk-adjusted Project Cost Model
  • Using Risk Factors to Test Affordability
  • The Roles of Incentives, Sanctions and Risk Sharing
  • Using Project Design, Financial and Organizational Arrangements as Risk Management Tools
The PPP Contract Model

  • The General Principles of How Project Appraisal, Selection, Design and Risk Management ensure more measurable, controllable, successful projects
  • What are Public-Private Partnerships (PPPs)?
  • The Dynamics of PPPs & How Key Risk Areas can be Managed
  • Use of PPPs in Different Sectors and Services
  • The Roles and Relationships of Public and Private Parties
  • Principal Ways PPP Contracts Can Be Properly Managed
  • What are the Lessons for Adopting and/or Adapting PPP Models Across Future Projects?

Project Funding Solutions

  • Embedding Risk Management into Normal Operations
  • Allotting Appropriate Resources for Risk Management Activities
  • Integrating Risk Management into Project Protocols and Controls
  • Risk Management Monitoring and Control throughout the Project Lifecycle to Improve and Guide Risk Management Processes
  • Evaluating Effectiveness of Risk Response Actions (and making adjustments within the project cycle)

Upcoming Training

  • Istanbul – 10th Jun to 13th Jun 2024
  • Kuala Lumpur – 24th Jun to 27th Jun 2024
  • Istanbul – 8th July to 11th July 2024
  • Kuala Lumpur – 9th Sep to 12th Sep 2024
  • Istanbul – 23th Sep to 26th Sep 2024

Why Edudelphi?

Certified & Professional Trainers

Our faculties are qualified & industry experts with significant experience in their domain.

Live Instructor Led Training

We conduct live classes through GoToMeeting, Zoom and other live meeting software.

Cloud e-learning portal

Get live class notifications, view class recordings, or practice questions all in one access.

Flexible Batch Timings

All our batch schedules are designed to support work while you study principle.

Placement Assistance

We guide you to benefit from the newly acquired global professional certification.

Reputed Study Materials

We provide internationally reputed study materials with our customized success slides.

Your success is our aim, earn professional certification with us and soar to the new heights of success.
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