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Course Schedule
Classroom Sessions:
Date Venue
13-09 Nov 2025 Cairo
Introduction


 
 
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.

Objectives

  • ·         Perform a risk analysis, evaluation and assessment
  • ·         Use standard risk assessment tools like FMEA, FTA, PHA, HAZOP and HACCP
  • ·         Understand the various techniques of risk analysis
  • ·         Use the Failure Mode and Effects Analysis FMEA technique
  • ·         Use the Fault Tree Analysis FTA technique
  • ·         Use the Hazard Analysis and Critical Control Point HACCP technique
  • ·         Use the Preliminary Hazard Analysis PHA technique
  • ·         Use the Hazard and Operability Study HAZOP technique
  • ·         Adapt and use the risk analysis techniques in a flexible way to virtually every field of work
  • Understand and elaborates upon the core concepts and fundamentals of risk management
  • Describes the risk management relations within portfolio, program, and project environments, and ultimately with the Enterprise Risk Management (ERM)
  • Define and apply the risk management life cycle and related processes
  • Apply risk management concepts, techniques, tools, processes, and good practices while executing a portfolio, program, or project management plan.

 

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

 

Course Outline

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

الشهادات المُعتمَدة

Akaz Capital
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