Why Choose this Training Course?
This Project Risk Management Essentials training course is designed to equip project teams with the necessary knowledge and skills to allow them to accurately and efficiently identify, quantify and mitigate risks which threaten to disrupt, or derail, their projects. The training course content is applicable to all industry sectors where projects are undertaken, and are of a value and nature that necessitate formal risk management.
Project Risk Management is an essential activity in managing projects of all types and sizes, and can often determine the success of failure of a project. By their very nature, most projects are exposed to numerous risks and risk types. While the technical design risks that affect projects are normally managed through formal project studies and deliverables, the day-to-day risks affecting project execution are often missed, or poorly managed, with the potential for disrupting projects with disastrous outcomes.
By better understanding the risks which may affect your projects, and how to effectively manage them, you will be better positioned to successfully deliver your projects on schedule, within budget and with a clear health, safety and environment record.
The training and application of the risk management methodology covered in this PetroKnowledge course will benefit all people who are involved in any type or size of project, be it small single-discipline type projects through to multidiscipline mega projects.
The training course is based on the principals of ISO 31000:2009, “Risk Management - Principles and Guidelines” and ISO 31010:2009, “Risk Assessment Techniques”.
This training course will feature:
- Project Risk Management Techniques
- Risk Definition
- Bow-Tie Risk Analysis
- The Cumulative Risk Effect
- Project Context and Risk Boundaries
- Risk Identification
- Risk Quantification
- Risk Manageability
- Risk Mitigation