Leading projects

Project risk management

Whatever the size or type of your project it will contain some risk, which, if not managed correctly will cause your project to be less successful than it should be, or even fail completely.

1 day

Next available:

Members: £495 + VAT
Non-members: £595 + VAT

Course Location & Date
Project risk management
Members:
£495.00 Plus vat
Non Members:
£595.00 Plus vat

Summary

Whatever the size or type of your project it will contain some risk, which, if not managed correctly will cause your project to be less successful than it should be, or even fail completely.

This course addresses the challenges of risk management and describes a range of tools and techniques to help you manage risk effectively and increase the chances of project success.

The programme is delivered by project management experts who will provide a practical guide to the application of risk management tools and techniques.

The course incorporates practical sessions and case studies to ensure you have the opportunity to apply the tools and techniques being presented.

Who should attend?

Project Managers, Team Managers, or personnel in a project assurance or project support role.  Delegates with previous basic knowledge of project management should be able to use the techniques in a live project after the course. 

It is expected that delegates will have at least 12 months experience of project management at team or project manager level.

How will I benefit?

After the course you will be able to:

  • Deploy a structured framework for risk management
  • Use a range of practical tools and techniques to help identify, assess, plan and implement responses to risks
  • Understand the roles and responsibilities associated with risk management
  • Manage project risks
  • Monitor and communicate risk status effectively
  • Use the language of risk management
  • Gain confidence in applying risk management techniques in an engineering context
Contributes 7 CPD hours

Key topics

Risk Management Process

Techniques for risk identification (both threats and opportunities)

Techniques associated with risk analysis using:

  • quantitative analysis using a probability and impact grid
  • qualitative techniques including decision trees, influence diagrams and expected monetary value

Risk mitigation actions for threats and opportunities

Risk appetite, risk tolerance

Risk ownership

Use of a risk budget

Risk from different perspectives – customer or supplier

Benefits of risk management

Risk management in practice:

  • Analysis and evaluation of a risk management strategy based on HS2

Mapped against UK- SPEC competencies: B, C and E

  1. Design and development of processes, systems, services and products - For Chartered Engineers: ‘Apply appropriate theoretical and practical methods to the analysis and solution of mechanical engineering problems’ For Incorporated Engineers ‘Apply appropriate theoretical and practical methods to design, develop, manufacture, construct commission, operate, maintain, decommission and re-cycle mechanical engineering processes, systems, services and products’
  2. Responsibility, management or leadership - For Incorporated and Chartered Engineers: 'Provide Technical and commercial leadership’
  3. Professional commitment - For Incorporated and Chartered Engineers: ‘Demonstrate a personal commitment to professional standards, recognising obligations to society, the profession and the environment’

Meet our trainers

These trainers regularly teach Project risk management.

  • Steve Kendall

    Steve Kendall

    Steve has worked as a consultant and trainer for over 20 years, helping organisations large and small, private and public to deliver their projects on time, in budget and with no nasty surprises.

We offer in house training

Tell us your team's CPD needs and we'll come to you with a specialised training programme, customised for your engineering sector.
Contact our advisors if you need help finding the most appropriate training for your team.

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At a glance

  • Duration:
    1 day
  • Location:
    London
  • CPD Hours:
    7
  • Accredited:
    no
  • UK-Spec:
    B, C, E

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We run public training programmes in five UK locations and online. All our courses can also be delivered in-house.

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Available dates for Project risk management

1 day course

London
28 Jun 2019

Require a different date or location? Or want to train a group in house?

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Non-members: £595 +VAT

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