Phone +234.811-111-1296 or visit www.charlesandgoldconsulting.com

PROJECT RISK MANAGEMENT FOR PROJECT MANAGERS

Duration: 4 Days

Lagos Venue

106 Apapa Road beside
Zenith Bank Lagos.

Fee: N75, 000. VAT Incl.

4 - 5 participants: 5% discount
More than 6 ppl: 10% discount

Class Session

9:00am – 4:00pm daily.
(In plant training available upon request)
WEEKDAY CLASSES Apr. Wed 6 - Fri 8


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Course overview:

This course explores the fundamentals of risk management in projects. Risk management is said to be the most important concept after the business case. The risk management process focuses on how to identify, quantify, control and monitor the project activities from initiation to close. One of the things you must continually do on an hourly and daily basis is measuring and monitoring risk.

Course Content

Background to risk management

  • Definitions of risk management
  • Risk management as part of project management
  • The business case for risk management

Risk management and decision making

  • Application to the project lifecycle
  • Risk management in the decision-making process
  • Role plays and group presentation.
  • Risk management roles and responsibilities

Applying risk management

  • Risk management lifecycle
  • Schedule of risk management activities
  • Assessing the appropriate level of risk management
  • Defining the procedures

Risk management methods (1)

  • Identifying risks
  • The risk register/risk log introduced

Risk management methods (2)

  • Understanding risk impacts (on time/cost/quality)
  • Impact assessment
  • Probability assessment
  • Urgency assessment

Risk management methods (3)

  • Risk management actions
  • Risk acceptance, avoidance, mitigation and transference
  • Risk ownership

Risk management methods (3)

  • Risk management actions
  • Risk acceptance, avoidance, mitigation and transference
  • Risk ownership

Risk management methods (4)

  • Reviewing the pattern of risk over time
  • Adjusting the process
  • Re-evaluating risks

Risk review in practice

  • Exercise – review of risks over time
  • Other risk concepts

  • Introduction to quantitative risk assessment

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