Risk Management in Project
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Course Outline

  • Introduction to Risk and Risk Management
  • Risk Planning
  • Risk Identification Process
  • Qualitative Risk Analysis
  • Quantitative risk Analysis 
  • Hands training on @Risk software
  • Strategies for Handling Risks/ Risk Response Planning
  • Managing Project Risk

​Benefits to Organization

a. Capacity building. 
b. Better response to project risks.
c. More profit.
d. Increased productivity and talent pool of organization.
e. Optimum utilization of resource. 

Benefits to Individual

At the completion of this one-day workshop, participants will gain the confidence to handle and manage risks for any construction project, regardless of size or complexity. These goals include:
a. Developing a detailed risk management plan to guide risk management activities;
b. Qualifying and quantifying project risks; 
c. Preparing risk response strategies to control the risks and maximize the opportunities; and
d. Developing a risk register that is complete and accurate.

Training Methodology

The workshop will be delivered though lectures, class discussions, individual and group case studies, and exercises. The workshop will help participants to understand and to develop risk management skills, and to apply what they have learned on a real-life design and construction project.

Training Objectives

At the completion of this one-day workshop, participants will gain the confidence to handle and manage risks for any construction project, regardless of size or complexity. These goals include:
a. Develop a detailed risk management plan to guide risk management activities;
b. Develop a risk register that is complete and accurate;
c. Qualify and quantify project risks; and,
d. Prepare risk response strategies to control the risks and maximize the opportunities.