Classroom Sessions:
Date |
Venue |
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13-09 Nov 2025
|
Cairo
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Risk analysis and assessment training course is an integral part of project management. Risks should be identified and managed proactively in projects before they become issues leading to delays, cost overruns or functionality issues. Risks are also present on the program level and portfolio level, unmanaged risks on program level may lead to uncoordinated management of shared resources and issues leading to compromising the benefits delivery expected from the group of projects, while unmanaged risks on portfolio level may lead to missing the alignment with strategic objectives.
This Risk Management Professional (PMI-RMP) training course will provide the concepts, models, methods, and artifacts used to manage risks from creating a risk management strategy to risk closure.
Training Methodology
This risk management training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes:
Training provided via an interactive traditional class-room format
Facilitation by tackling issues faced by participants in managing their project risks
Use of practical local and international case studies to reinforce learning
Organisational Impact
By attending this risk management training course, your organization will benefit from:
- Reducing the organization’s exposure to risks and its impacts and exploiting the opportunities by applying international best practices
- Deliver the target benefits and objectives of your projects, programs and portfolio
- Customizing the organizations risk management strategy and risk management methodology according to your needs
- Effectively handling the escalated risks from project level to program level or to the organization level based on risk scope and the degree of authority
- Saving precious executive time used in handling risks and missed opportunities
Personal Impact
By attending this risk management training course, delegates will benefit from:
- Increasing your awareness of negative risks and opportunities
- Understanding your roles in risk management planning and executing it as part of the project management plan
- Understanding and applying various risk response strategies such as avoidance, mitigation, transfer, acceptance and escalation
- Professionalism in drafting contract conditions to mitigate risks and reduce claims
- Building a career in risk management by getting an international certificate
Who Should Attend?
- Risk managers
- Project manager
- Quality Management and Assurance professionals
- Managers and persons with responsibilities where risk assessment is needed
- Designers and engineers who need to consider risks in their projects
- Product managers
- Professionals in positions of responsibility who inevitably deal with risks
- Financial manager and operators
- Process designers and process engineers
- Safety managers
- Workplace safety professionals
Day 1
The Foundation and Strategies for Risk Management
Training course objectives and introduction
Definitions: uncertainty, risk, and risk attitude, appetite and Threshold
Risk management in organizations, portfolio, program and project levels
Assessing overall business environment and its impact on risks
Establish risk management strategy and documenting the risk management plan
Workshop: Sample risk management plan
How to prepare and apply for the PMI-RMP certification exam
Day 2
Risk Identification in Collaboration with Stakeholders
Communicate and engage stakeholders in risk management
Identify stakeholder risk attitude, appetite, and threshold
Identify risks using workshops, focus groups, Delphi and other exercises
Review documents and examine assumptions and constraints
Develop risk register, and assign responsibilities
Workshop: Risk register for the case study project
Day 3
Estimate the Risk Impact on Schedule and Cost
Create the Work Breakdown Structure (WBS)
Define activities and their logical sequence
Develop project schedule and CPM Analysis
Estimate costs: cost types and estimate techniques
Create the integrated performance measurement baseline
Overview of the Earned Value Management (EVM)
Workshop: CPM and EVM workshop
Day 4
Risk Analysis and Risk Response Planning
Perform risk classification based on the risk category
Qualify and prioritize risks based on probability and impact matrix
Perform quantitative risk analysis
Assess overall threats and opportunities and their impact on project objectives
Workshop: Update risk register after qualitative analysis
Workshop: Risk simulation using Monte Carlo technique
Select the appropriate risk responses for threats and opportunities
Day 5
Monitor and Close Risks
Create and implement Risk Action Plans (RAPs)
Risk response quiz
Monitor response implementation
Manage residual and secondary risks
Audit and report overall project risk levels
Overall review and Q/A session
Training Course Closure