INFORMTECH
Training Course

Project Risk Management

Course Code
P05
Category
Project Management
Duration
5 Days
PDF File
Download Outline

Course Content


 
 
Why Attend
 
The overall aim of this course is to enable participants to plan, manage and control project risks. Moreover, participants will be able to develop a project risk management plan and identify project risks related to the project's triple constraints which are: scope, schedule and resources. The course also aims at assisting participants in qualifying and quantifying project risks and developing appropriate risk responses. In line with the above, participants will also design and calculate key performance indicators for monitoring and controlling project risks.
 
Course Methodology
 
The course uses a mix of interactive techniques, such as brief presentations by the consultant and the participants and group exercises. The course also includes calculations and analysis of real case studies related to project risk management.
 
Course Objectives
 
By the end of the course, participants will be able to:
  • Develop project risk management plans
  • Identify project scope risks
  • Predict project schedule risks
  • Examine project resource risks
  • Apply quantitative and qualitative risk assessments
  • Plan strategies for negative and positive risks
  • Devise metrics to monitor and control project risks
 
Target Audience
 
Project risk managers, risk owners, project managers, members of project offices, project sponsors, functional managers, senior management and individuals interested in project risk management. This course is worth 30 PDUs.
 
Target Competencies
 
Planning risks
Identifying risks
Assessing risks
Evaluating responses
Monitoring risks
Reviewing risks
 
Course Outline
 
Planning risk management
 
Risk components
Project selection
Risk preferences
Project risk planning processes
Risk management plan elements
 
Identifying scope risks
 
Sources of scope risk
Scope change risks
Defining deliverables
Work breakdown structure (WBS)
Bottom-up approach
Identifying schedule risks
 
Sources of schedule risk
 
Activity definition
Estimating activity duration
Applying estimating techniques
Activity sequencing 
Identifying resource risks
Sources of resource risk
Resource planning methods
Staff acquisition
Cost estimating and cost budgeting
Managing project risks
 
Qualifying and quantifying project risks
 
Quantitative and qualitative risk analysis
Risk probability
Risk impact
Qualitative risk assessment
Quantitative risk assessment
Risk assessment matrices
Quantifying risks using PERT analysis
Common continuous risk distributions
Expected monetary value (EMV) analysis
Decision tree analysis
 
Developing risk response strategies
 
Categories of risk
Risk management strategies
Risk response planning
Contingency planning
Risk registers 
 
Monitoring and controlling project risks
 
Implementing response plans
Collecting project status
Metrics and trend analysis
Project reviews and risk reassessment
Overview

  • Duration : 25 Hours
  • Format : In-Person - On Demand
  • Associate Certificate

Course schedule


12 May - 16 May 2025

London

2200 £

Register

23 Jun - 27 Jun 2025

Paris

4800 €

Register

4 Aug - 8 Aug 2025

Munich

2400 €

Register

15 Sep - 19 Sep 2025

London

2200 £

Register

27 Oct - 31 Oct 2025

Munich

2400 €

Register

8 Dec - 12 Dec 2025

London

2200 £

Register
Are you looking for a different date and venue?
Customize your Course Date / Venue:

If you did not find the appropriate date or venue suitable for you, or you would like to join the course online, you can request a custom course from the link below.

Customize your Course

Group and Corporate Discounts:

We offer group and corporate discounts on many courses. These discounts are available for clients who want to maximize their return on investment.

We offer individual discounts on many courses for people who are self-sponsored and make their payment in full and upfront at the time of registration.

Nominations to our public courses are to be processed by the client’s HR/Training department except for self-nominations which are to be paid in advance using the “payment by self” option on the online registration form. A refund will be issued back to the client in the event of course cancellation or seat unavailability. Registration confirmation is subject to INFORMATECH's review of registration request and seat availability.

Clients are responsible for any type of tax levied in their country.

In-House Training:

If you are interested in having a course custom-designed for your organization, please submit a request using the link below.

Once we receive your duly completed request, one of our business development professionals or consultants will get in touch with you to understand your requirements with more detail and answer any relevant questions you may have. After all pertinent information has been exchanged, we will work on the custom-designed request and send you the proposal you require and work with you to identify the ideal period and place for delivering the custom-designed solution.

In-House Training Request

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