Risk Management Professional

An Intensive 5-Day Training Course

Risk Management Professional

Improve Personal, Tactical and Strategic Risk Management Skills

PMI® Registered training
PMI® Registered training

Scheduled Dates

02 - 06 Oct 2023 London - UK $5,950
20 - 24 Nov 2023 Dubai - UAE $5,950
03 - 07 Jun 2024 Dubai - UAE $5,950
05 - 09 Aug 2024 Istanbul - Turkey $5,950
30 Sep - 04 Oct 2024 London - UK $5,950
18 - 22 Nov 2024 Dubai - UAE $5,950
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We provide a wider range of training options. Tailored and customized, we can deliver your organization’s training needs anytime, anywhere.

Why Choose this Training Course?

Why Choose this Training Course?

Risk is key in any project yet is often misunderstood as to the huge value that it can deliver, both to the project itself and to the people involved. This interactive, highly practical PetroKnowledge training course is designed to help delegates cover the risk management framework from the fundamentals up to senior management level. This training course is delivered in such a way that delegates can expect to become skilled risk practitioners themselves.

Providing 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.

This training course will highlight:

• Key risk management concepts
• The importance of defining the project
• Risk management planning process
• Qualitative and Quantitative Analysis methods
• Appropriate responses and controlling techniques

What are the Goals?

What are the Goals? 

Learn the theory and practice of risk management in-line with the ISO 31000 framework, using case studies and current affairs to bring material to life.

By the end of this training course, participants will learn to:

  • 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
  • Gain an insight into determining your organisation’s appetite and tolerance for risk

Who is this Training Course for?

Who is this Training Course for?

This training course is suitable to a wide range of project professionals or people who work on the side-lines of projects for organizations and need to be more risk aware. The course will greatly benefit: 

  • Project managers
  • Project engineers
  • Project support staff
  • Business development staff
  • PMO employees

How will this Training Course be Presented?

How will this Training Course be Presented? 

Participants will receive a thorough training on the subjects covered with the tutor utilising a variety of proven adult learning teaching and facilitation techniques.  Seminar methodology is designed around PMI® and RMP syllabi and includes an insight into appropriate methods as well as industry tools and processes used as practice examples.

The course includes teamwork around an applicable case study, with group discussion and critical analysis of risk in relation to stakeholders, processes and project context.

Organisational Impact

Any organization that takes risk seriously will gain huge benefits from this course. By taking time to understand the importance of risk management and then backing that up with recognition of the key processes to be used, your employees will become more pro-active and avert many issues that become a huge thorn in the side of any organization.

Personal Impact

Participants will gain key skills and learn many areas of competence around the area of risk management. Due to the construction of the course, all delegates will gain hand-on experience with many of the key steps and tools to use and manage risk well in their own projects or organizations.

Daily Agenda

Day One: 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

Day Two: 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

Day Three: Risk Management Planning 

  • Risk Management Planning
  • Critical Success Factors
  • Risk Identification
  • Project Resource Risks
  • Tools and Techniques

Day Four: Qualitative & Quantitative Risk Analysis 

  • Qualitative Risk Analysis
  • Tools & Techniques
  • Quantitative Risk Analysis
  • Semi-Quantitative Risk Analysis
  • Tools & Techniques

Day Five: Risk Responses & Controlling 

  • Risk Response Planning
  • Negative & Positive Risk Responses
  • Measuring Results
  • Risk Monitoring & Controlling
  • Conclusion


  • On successful completion of this training course, a PetroKnowledge Certificate will be awarded to the delegates
  • On successful completion of this PetroKnowledge training course, Certificate with eligible Professional Development Units (PDUs) / Contact Hours from Project Management Institute (PMI®), will be awarded to the delegates


PMI® Registered Training Course

The Registered Education Provider (R.E.P. ID:4349) status with the Project Management Institute (PMI®) enables PetroKnowledge to issue applicable Professional Development Hours/Units (PDHs/PDUs) to participants on our Project Management oriented training courses, to help them achieve or maintain PMI® professional credentials.

In Association With

GLOMACS Training

Our collaboration with GLOMACS aims to provide the best training services and benefits for our valued clients

Visit Website ›

Oxford Management Centre

Our collaboration with Oxford Management Centre aims to provide the best training services and benefits for our valued clients.

Visit Website ›

Frequently Asked Questions

How can I register for a training course?

  • To register online through our website, please click “Enroll Now” on the course page, complete and submit the form. A confirmation e-mail and instructions will be sent to the participant’s e-mail.
  • You may also get in touch with our Registration Team on
    +971 50 981 7386 | +971 2 557 7389 or send an email to reg@petroknowledge.com

When and how do I arrange payments?

  • Payments can be made in USD or UAE local currency AED (Arab Emirates Dirhams) either by Bank Transfer or by Credit Card. Our Bank Account details will be provided on the invoice.
  • Course fees are payable upon booking unless a valid, authorized Purchase Order is provided and accepted.
  • Invoices will be sent via email/courier to the ID/name and address provided.
  • The course fee shall be settled prior to course start date. Corporate payments with existing payment policy shall be relayed to us in advance.

When should I expect to receive confirmation of registration?

Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.

Is there a discount for more than one registrant/course?

For corporate fees and group registration, please send your query to info@petroknowledge.com.

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© 2023. Material published by PetroKnowledge shown here is copyrighted.

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.

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