Project Risk Management
Projects are inherently risky ventures. To enhance project success, risks have to be proactively managed. In this programme, you will learn that risk is identified, assessed and minimised in the project planning exercise and how contingency plans are developed. A project plan consists basically of six things – project objectives (requirements, SOW), a work breakdown (WBS), a project organisation (OBS), a project schedule, project baseline (budget) and risk management.
Benefits to You
By attending this programme, you will sharpen your ability to anticipate and take calculated risks, reduce surprises that might happen and lower the potential impact to your projects. This will greatly improve the performance of the projects and achieving better stakeholders’ satisfaction.
You will be able to develop a comprehensive risk management plan for your projects with identification, assessment, mitigation and contingency planning of risks. It creates proactive behaviours in you to address risks early in the project life cycle and greatly enhance the ultimate success of the project. You will also learn how to leverage on the positive impact that the risks might have on your projects.
•Implementing effective risk planning and control
•Minimising risks through interactive project teams
•Planning, identifying and Managing risk
•Understanding financial and operational risks
The emphasis is on risk planning, risk identification, risk analysis, risk response planning, and risk monitoring and control.
Who should attend
(Level 3) New Managers
(Level 4) Managers
(Level 5) Senior Managers & Directors