Project Risk Management: Essential Skills for Success

In this training course you will learn how to turn uncertainties into strategic advantages with effective Project Risk Management.

AMS Course Code: 141

Course Description

This comprehensive training equips participants with the essential skills and knowledge to identify, assess, and mitigate potential risks, ensuring project success in fast-paced, resource-constrained environments. Through a blend of established best practices and practical applications, learners will emerge as adept risk managers, capable of turning uncertainties into strategic advantages for their organizations.

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Delivery Options

This program is delivered on-site in one full day or virtually in two 3.5-hour sessions.

Course Modules

Identify Risk Identification

  • Understanding risk sources

  • Risk identification techniques

  • Tools for risk identification

  • Documenting identified risks

Mitigation and Risk Response Planning

  • Developing risk response strategies

  • Risk mitigation planning

  • Contingency planning

  • Risk response implementation

Quantification Risk within Scope

  • Assessing risk impact

  • Probability analysis

  • Prioritizing risks

  • Risk quantification methods

Project Risk Monitoring and Control

  • Risk tracking and reporting

  • Risk control techniques

  • Reviewing risk response effectiveness

  • Adjusting risk plans as needed

Who Should Attend

The Project Risk Management course benefits project coordinators, senior project management team members, and anyone involved in project execution. It equips them with practical risk management skills, ensuring successful project outcomes.

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