Risks are things that are likely to occur in the future and have a significant impact on the project or the company as a whole. Project risk management is the process the company takes to identify and analyze these risks, as well as track them for full reporting.

In general, risk is high when the probability of occurrence is more than 70% and is moderate when the probability is 30-70% or the risk is low when less than 30%.

If the risk is assessed on the impact, this will depend on its impact on the budget or time required to execute the project, then the risk or loss ratio can be determined.

The supervision of projects is the core of the proper management of the project. The supervision is concerned with the organization of the project works, in order to meet the objectives of achieving the appropriate return while providing value added to the customers by achieving high performance and appropriate cost for the project.

The Procurement Department of the project is interested in the search for the products and services necessary for the completion of the project. The procurement of materials for the project is done through contracts, regulations and laws issued by the project team members or contractors with stakeholders, including the technical methods for evaluating and evaluating bids, Weighing the criteria for both evaluation and selection of vendors, and applying all appropriate project management processes based on contractual relationships within the overall management.

Who should attend? 

• Project coordinators and managers.
• Workers in the Security and Risks Department in the facilities.
• Health and Safety Consultants/Managers.
• Operations Managers.
• Audience / Crowd Management.
• Venue Managers.

How attendees will benefit? 

After completion of the course, delegates will be able to: 

• Protect the company and its projects from the negative impact of risks.
• How to monitor the project in order to identify the changing dimensions, as well as know the cost of the project in order to reduce risks and understanding where necessary.
• Focus on priority risks and communicate with stakeholders to identify potential risks.
• Maintain risk records so that they are provided upon request at any stage.

• Introduction to project control.
• Map of the project.
• Challenges faced by managers in controlling and controlling the project.
• Safety standards in starting, managing and implementing the project.
• Types of control in the project.
• Project Context & Stakeholders
• Project Estimating Techniques
• Defining Scope via Work Breakdown Structure (WBS)
• Identification Inputs & Tools
• Risk Identification Techniques & Categories
• Risk Identification Outputs
• Decision Trees
• Risk Prioritization
• Risk Response Strategy Guidelines
• Response Strategies for Threats & Opportunities
• Response Planning & Analysis
• Response and Expected Monetary Value
• Alternative Responses
• Response Validation
• Reserves - Contingency & Management