Course description
Risk Management Professional seeks to identify, analyze, and document the risks associated with a company’s business operations, as well as monitor the effectiveness of risk management processes and implement needed changes.
The risk management department focuses attention on company-wide, operational, compliance, financial, technology, and asset-related risks. Risk is key in any project yet is often misunderstood as to the huge value that it can deliver, both to the project itself and to the people involved.
This interactive, highly practical Risk Management Professional training course is designed to help delegates cover the risk management framework from the fundamentals up to senior management level. This course is delivered in such a way that delegates can expect to become skilled risk practitioners themselves.
Upcoming start dates
Upcoming start dates
Suitability - Who should attend?
TheRisk Management Professionalcourse will greatly benefit:
- Project Managers
- Project Engineers
- Project Support Staff
- Business Development Staff
- PMO Employees
Outcome / Qualification etc.
By the end of the Risk Management Professionalcourse
- Understand how risk management can assist organisations to achieve their objectives and optimise decision making
- Establish and monitor key risk indicators, as well as implement corrective action plans to mitigate risks
- Analyse transactions, internal reports and financial information for potential fraud risks
- Maintain reports of significant risks and recommendations
- Create policies, procedures and control assessments in response to identified risks
- Evaluate the effectiveness of the company’s internal control framework in addressing risks and accomplishing the company’s goals and objectives
- Provide training and technical support to management and employees regarding risk management strategies and programs
- Learn about the benefits of risk management and its relationship with governance, assurance, and sustainability
- Know the types of risk faced by the organisation and the concepts of positive and negative risk
- The importance of ISO 31000: Risk management principles, framework and processes
- Gain an understanding of the importance of culture, communication, and behaviour
Training Course Content
Day 1
Introduction to Risk Management Concepts
- Introduction to Risk & Risk Management
- Key Definitions
- Risk Definition and Project Risk Management
- Critical Success Factors for Project Risk Management
- Overall and Individual Risk Roles and Responsibilities
- Organisational Risk Attitudes
- Organisational Structures
Day 2
Project Definition and Plan
- Stakeholder Identification & Analysis
- Stakeholder Risk Tolerances and Risk Attitudes
- Defining the Project & Project Management Plan
- Scope Management
- Schedule Management
- Cost Management
- Quality Management
Day 3
Monitoring and controlling risks
- Risk reassessment
- Risk audits
- Variance and trend analysis
- Earned value management
- Reserve analysis
Day 4
Risk Management Planning
- Critical Success Factors
- Risk Identification
- Project Resource Risks
- Tools and Techniques
Day 5
Qualitative & Quantitative Risk Analysis
- Qualitative Risk Analysis
- Tools & Techniques
- Quantitative Risk Analysis
- Semi-Quantitative Risk Analysis
- Tools & Techniques
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London Premier Centre
London Premier Centre is a UK leading training provider based in London and specialises in international short courses. Our inspiring, comprehensive portfolio of more than 400 professional development courses and seminars covers a wide range of professions from Administration, Leadership,...