Overview

This course introduces the delegates to a system’s view of risk management that goes beyond the traditional risk management process. It also covers correlation/interactions between risk events, actions or conditions.

Why Should an Individual Attend?

Learn to manage both threats and opportunities pertaining to large and complex projects. Traditional methods are not able to deal with the increased complexity in large projects. Consistent project failures are an indication of poor or lack of risk management in an entity.

Outcomes

• Understand risk in projects
• Learn system-based methods
• Avoid risk management misconceptions and errors
• Applying risk throughout the project lifecycle
• Linking project risks to the enterprise risk management
• Advanced topics in risk management

Program Outline

• Risk and Risk Management
• Risk Management Principles and Processes
• Risk Identification Process
• Risk Analysis Process
• Risk Treatment Process
• Risk Monitoring and Control
• SE-based Project Risk Management Framework
• Risk Management and Project Lifecycle
• Risk Management and Enabling Disciplines
• Enterprise Risk Management and LIPs

Who Should Attend?

• Engineers
• Technicians
• Project sponsors/directors
• Project risk managers
• Project managers
• Project engineers
• Project auditors
• Other project professionals