This course provides comprehensive coverage of risk management, starting from the foundational concepts and progressing to cutting-edge processes. The content is rooted in practical methods that have been successfully applied in real-world scenarios, consistently delivering enhanced business outcomes. Participants will gain an in-depth understanding of Project Risk Management, with a focus on the most recent updates from the Project Management Body of Knowledge 4th Edition. The course emphasizes the dual objectives of maximizing the benefits of positive project events while minimizing the impact of adverse ones, whether these risks originate from within the project or external factors. The curriculum is meticulously designed to incorporate the latest advancements in active learning techniques. This approach ensures that participants not only absorb the theoretical aspects of risk management but also engage with the material on a practical level. Through a blend of actual case studies, hands-on exercises, and collaborative group discussions, participants will have the opportunity to apply the techniques reviewed in real-time scenarios. This experiential learning approach allows them to experiment with and refine their risk management skills in a supportive environment. By the end of the course, participants will be equipped with the knowledge and tools necessary to effectively manage risks, leading to more successful project outcomes and improved overall business performance.

By the end of the course, participants will be able to:

Risk Management Concepts

Reasons/benefits of undertaking risk management

Development of a context to suit your environment

Risk Identification and Analysis, Treatments and Reporting

Qualitative Risk Management

Risk Organizer

Quantitative Risk Management

How to quantify risks in particular those that affect time schedule

Introduction to Primavera Risk Analysis

Quantitative Risk Management

How to quantify risks in particular those that affect cost estimate

Integrating Qualitative and Quantitative Risk Analysis

Plan for positive and negative risks

Contract Types and Risk allocation

Communicate Risk as a part of Communication Management Plan

1.Project Management Professionals

2.Risk Management Practitioners

3.Corporate Leadership & Decision Makers

4.Compliance and Audit Professionals

5.Finance and Insurance Professionals

6.IT and Cybersecurity Professionals

7.Health, Safety & Environmental (HSE) Officers

8.Professionals Seeking Certification for PMI-RMP, ISO 31000 Certification, or COSO ERM credentials

BK Management Team believe that learning is not only about acquiring technical skills, it is also about learning behaviors & Competencies that are desirable for work in plant operation & maintenance critical dimensions. Our holistic teaching develops our delegates' personal effectiveness to function both as an individual and as a team player. The course delivery & modes of instruction will incorporate theory, practical skills and Q&A sessions. To enhance learning outcomes, theory sessions will comprise classroom-based lecture that will intersperse with interactive discussions, scenario-based, case-study, group exercises, video clips, power point slides, learners' Guide and the application of various tools which will be provided to help in the delegates and participants of the learning’s objectives. With successful implementation of the learnt skills, they are bound to enhance Individual & Organizational growth. For online / Interactive Virtual sessions, Delegate should have a stable & good Internet connection on his laptop.