The British Academy for Training and Development offers a course entitled “Projects Risk Management in”. This course provides organizations with guidelines that can be followed as reasonable and appropriate standards for assessing risks. In addition, this course includes a general guidance section as well as four other interrelated sections. These sections provide participants with additional guidance relating to the different categories of risk assessment.

Who Should Attend?

• Project managers.
• Project planners.
• Anyone who finds himself in need of this course.

Knowledge and Benefits:

After completing the program, participants will be able to master the following:

• Plan risk management in line with the overall objectives of the project. Proactively identify potential sources of risks and mitigate their effects.
• Identify issues and matters related to compliance with risk management rules and practices.
• Understand the relationship between potential risks of the project, its scope, cost, and schedule.
• Know the mathematical techniques used in risk analysis.
• Evaluate alternative risk strategies and modify project plans accordingly.

• Risk Management Framework and Planning
  • Key Definitions
  • A Guide to the Project Management Body of Knowledge – PMBOK® Six Risk Management Processes
  • Mitigate Potential Risks and Related Benefits
  • Responsibilities for Risk Management
  • Integrate Risk Management into Project Management Processes
  • Plan a Project Management Approach
  • Prepare Inputs, Tools, and Outputs
• Risk Identification Processes
  • Project Context and Stakeholder Identification
  • Initial Project Estimation Techniques
  • Define Scope through Project Work Breakdown Structure
  • Identify Inputs and Tools
  • Risk Identification and Classification Techniques
  • Risk Identification Outputs
• Risk Quantification and Framework Processes
  • Table Diagram – Critical Path Approach (CPM)
  • Resource Management
  • Risk Analysis Approaches – Quantitative and Qualitative
  • Semi-Quantitative Project Analysis (Bow Tie)
  • Project Evaluation and Review Technique (PERT)
• Develop a Risk Response Plan
  • Decision Tree
  • Risk Response Prioritization
  • Risk Response Strategy Guidelines
  • Response Strategies for Existing Risks and Opportunities
  • Response Planning and Analysis
  • Response and Expected Financial Value
  • Alternative Responses
  • Verifying Response Effectiveness
  • Contingencies – Contingencies and Management
• Risk Response Control
  • Risk Response Control Tools
  • Risk Response Control Guidelines
  • Implementing the Risk Response Strategy
  • Evaluating the Results of the Risk Response
  • Documenting the Risk