Proactive risk management: planning, analysis, mitigation for project and operational success.
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This dynamic Risk Management for Projects, Programs & Operations training course enhances your knowledge of risk management, essential for successful projects, programs, and operations. Effective risk management enables teams to capitalize on opportunities, minimize potential threats, and achieve optimal outcomes. In this course, you’ll engage in a proactive six-step methodology for risk planning, identification, analysis, and control, designed to ensure a thorough and systematic approach.
This Risk Management for Projects, Programs & Operations training is tailored to help teams efficiently identify, assess, and mitigate risks that could disrupt their projects or operations. It’s applicable across industries and is aligned with the latest PMBOK 6th edition, incorporating ISO 31000:2009 and ISO 31010:2009 guidelines on risk management and assessment.
By the end of this Risk Management for Projects, Programs & Operations course, participants will be able to:
Gain an overview of the risk management process.
Identify risks impacting project, program, and operational safety, time, cost, and quality.
Apply techniques for identifying, analysing, and mitigating risks throughout project and operational life cycles.
Develop a comprehensive risk monitoring plan and effective risk management strategies.
Establish a risk management budget using Expected Monetary Value (EMV) methods.
Operations team leaders, supervisors, section heads and managers
All personnel involved in carrying out programme, projects and operations work.
Business and operations professionals who have an interest in risk management
Risk Managers & Professionals
Maintenance managers, engineers and technicians
Technical professionals involved in operations start-up, maintenance and shut-down
Business and project administrative, procurement and support staff
Project Managers, Team Leaders & Line Managers
Our diverse instructional approaches ensure effective learning:
– Lectures & Presentations: Engage with expert-driven, stimulating content.
– Course Material: Access well-crafted supporting resources.
– Group Work: Collaborate on discussions and case studies for practical insights.
– Workshops & Role-Play: Participate in immersive, scenario-based activities.
– Practical Application: Focus on applying theoretical knowledge in real situations.
– Post-Training Support: Receive extensive support after training for skill implementation.
Module 1: Risk Management Framework and Planning
Overview of Projects, Programs, and Operations
The Six Key Processes of Risk Management
Purpose and Benefits of Effective Risk Management
Defining Roles and Responsibilities in Risk Management
Integrating Risk Management into the Operations Process
Comprehensive Risk Management Planning
Steps in the Risk Planning Process
Module 2: Risk Identification Processes
Understanding Operational Context and Key Stakeholders
Inputs Required for Effective Risk Identification
Tools and Techniques for Risk Identification
Identifying Consequential Risks
Documenting Outputs of the Risk Identification Process
Practical Exercises in Risk Planning and Identification
Module 3: Risk Assessment and Quantification
Estimation Techniques for Risk Assessment
Schedule Diagramming: Critical Path Method (CPM)
Program Evaluation & Review Technique (PERT) Application
Conducting Qualitative Risk Analysis
Applying Quantitative Risk Analysis
Hands-on Exercises in Risk Assessment
Module 4: Risk Response Planning
Prioritizing Identified Risks
Guidelines for Developing Risk Response Strategies
Response Strategies for Mitigating Threats and Leveraging Opportunities
Planning and Analysing Effective Responses
Exploring Alternative Response Strategies and Validation
Risk Response Planning Exercises
Module 5: Implementing and Controlling Risk Responses
Guidelines for Risk Control Processes
Essential Inputs for Risk Control
Tools and Techniques for Effective Risk Control
Outputs and Documentation of Risk Control Activities
Reporting and Documenting Risk Management Outcomes
Simulation Exercise: Risk Management in Action
Discover how our courses enhance professionals’ effectiveness in their workplaces.
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