Why Attend
This training program, Risk Management in Projects, is designed by Global Horizon Training Center to provide participants with the essential skills and knowledge required to identify, assess, and mitigate risks in various types of projects. The program focuses on comprehensive risk management processes that minimize the impact of risks on project outcomes, ensuring projects are delivered on time, within budget, and according to specified quality standards. Through practical applications and case studies, participants will develop effective strategies for risk identification, assessment, response planning, and monitoring.
Instructor-led training that uses interactive learning methods, including class discussion, small group activities, and role-playing
Understand the principles and processes of risk management in projects.; Identify and classify potential risks throughout the project lifecycle.; Assess risks using qualitative and quantitative methods.; Develop effective risk response strategies.; Monitor and control risks to ensure successful project outcomes.; Apply risk management techniques in real-world scenarios.
This program is ideal for: Project Managers; Risk Managers; Project Coordinators; Engineers and Technical Experts; Quality Assurance Managers; Professionals involved in project planning and execution
n/a
Day 1: Introduction to Risk Management
Overview of risk management concepts and principles
Importance of risk management in projects
Risk management frameworks and standards
Identifying risks throughout the project lifecycle
Risk management roles and responsibilities
Day 2: Risk Identification Techniques
Methods for identifying risks (e.g., brainstorming, checklists, interviews)
Classifying risks (internal vs. external, operational, financial, etc.)
Documenting identified risks
Creating a risk register
Practical exercises on risk identification
Day 3: Risk Assessment and Analysis
Qualitative risk analysis techniques
Quantitative risk analysis techniques
Prioritizing risks based on probability and impact
Developing risk assessment matrices
Case studies on risk assessment
Day 4: Risk Response Planning and Implementation
Developing risk response strategies (avoidance, mitigation, transfer, acceptance)
Implementing risk response plans
Monitoring and controlling risks throughout the project
Evaluating the effectiveness of risk responses
Practical exercises on response planning
Day 5: Practical Applications and Case Studies
Analysis of real-world project risk management cases
Group exercises to develop risk management plans
Workshops on implementing risk mitigation measures
Feedback, Q&A, and course conclusion