Project Risk Management

  • Course Overview
  • Course Overview
  • Training Benefits
  • Recommended For

Duration: 3 Days

Prerequisites: None.

Credits: This course qualifies for 24 Contact Hours of formal project management education, satisfying the Project Management Institute PMI-RMP Exam requirement, and 24 Professional Development Units (PDUs) for PMP credential holders under PMI Continuing Certification Requirements (CCR) program Category A..

Assessment: None.

Course Overview

Strengthen Project Management Through Forward Planning for Threats and Opportunities

Managers are often under pressure to deliver projects on accelerated schedules and to incorporate new technologies and innovations to stay ahead of the competition. These pressures and uncertainties result in adding risk to projects, which is one reason that qualified risk management professionals are now valuable members of project teams.

The Project Risk Management program introduces a well-proven and practical framework for project risk management, all aligned with the Project Management Institute’s (PMI) global standard ‘Practice Standard for Project Risk Management’.

Combined with subject matter discussions, participants will be organized in simulated project teams to work on real-life case studies. Over a series of workshop exercises, the teams will apply a set of practical tools and techniques to develop complete risk management planning deliverables. Participants will be empowered with a set of high-risk management tools, techniques, and practical skills to immediately contribute to their crucial projects on site and back at the office.

Training Benefits

At the end of this action-based workshop, participants will be able to:

  1. Explain project risk-related concepts, terms and principles.
  2. Use a proven and practical risk management framework aligned to the PMI Practice Standard for Project Risk Management
  3. Describe how to manage project risk throughout project life cycle by assessing and identifing risks, mitigating threats and capitalizing on opportunities
  4. Plan contingency strategies, devise fallback plans, identify triggers or early warning signs.
  5. Monitor and report on risk statues, perform risk re-assessment and audits.

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Student Endorsements

Ahmad Kahiruddin Mohd Yusof
Consultant Cardiologist, IJN, Malaysia
- KL 2016.03.28-31

“Good exposure on knowledge sharing. It will benefit me in developing information management.”

Norliza Jumeri
MAMPU, Malaysia
- KL 2016.03.28-31

“Refresh and increase my knowledge in this interesting subject. Will use as guidance to improve my work.”

Siti Baidura Sulaiman
Assistant Manager, IJN, Malaysia
- KL 2016.03.28-31

“Gained the insights of Information Architecture. Strategy and planning for us to move forward at work.”

Ho Chee Yan
DBA, Safeguard G4S Sdn Bhd, Malaysia
- KL 2016.03.28-31

“Good experience over this training. Try to apply to work, such as how to write biz case.”

Noor Amirah
Exec, IJN, Malaysia
- KL 2016.03.28-31

“Learned the value of information + how to manage, and how to apply in IJN’s current context.”

Rashidi Taub
Assistant Manager, IJN, Malaysia
- KL 2016.03.28-31

“Learned many new things!”

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