★★★★★
"The structure, the practice exams, the instructor — all top tier. Passed first try."
AS
Ranjan PradhanSenior Project Manager
— The journey
Course Outline
What the programme covers, module by module.
Module 1: Introduction to Project Risk Management
- Project risk concepts
- Risk and uncertainty
- Threats and opportunities
- Risk management objectives
- Risk management lifecycle
- Benefits of proactive risk management
Module 2: Risk Management Framework
- Risk management principles
- Risk management processes
- Risk governance
- Roles and responsibilities
- Risk communication
- Continuous risk management
Module 3: Risk Management Planning
- Risk management approach
- Risk methodology
- Risk categories
- Risk thresholds
- Reporting requirements
- Risk management plan
Module 4: Risk Appetite and Tolerance
- Risk appetite concepts
- Risk tolerance
- Risk thresholds
- Organisational risk attitude
- Project risk exposure
- Decision-making considerations
Module 5: Risk Identification
- Risk identification process
- Project assumptions
- Project constraints
- Risk sources
- Risk events
- Documenting identified risks
Module 6: Risk Identification Techniques
- Brainstorming
- Interviews
- Checklists
- SWOT analysis
- Lessons learned
- Expert judgement
Module 7: Risk Breakdown Structure
- Risk categories
- Risk Breakdown Structure
- Technical risks
- Financial risks
- Resource risks
- External risks
Module 8: Developing a Risk Register
- Risk descriptions
- Risk causes
- Risk consequences
- Risk owners
- Risk status
- Risk register maintenance
Module 9: Qualitative Risk Analysis
- Qualitative assessment
- Probability assessment
- Impact assessment
- Risk scoring
- Risk prioritisation
- Risk urgency
Module 10: Probability and Impact Matrix
- Probability scales
- Impact scales
- Risk ratings
- Risk matrices
- Priority levels
- Interpreting risk exposure
Module 11: Quantitative Risk Analysis
- Quantitative analysis concepts
- Numerical risk assessment
- Expected Monetary Value
- Decision tree concepts
- Sensitivity analysis
- Simulation concepts
Module 12: Risk Response Strategies for Threats
- Risk avoidance
- Risk mitigation
- Risk transfer
- Risk acceptance
- Escalation
- Selecting response strategies
Module 13: Risk Response Strategies for Opportunities
- Opportunity identification
- Exploit strategy
- Enhance strategy
- Share strategy
- Accept strategy
- Opportunity optimisation
Module 14: Risk Response Planning
- Response actions
- Risk ownership
- Action owners
- Response timelines
- Response costs
- Response documentation
Module 15: Contingency and Fallback Planning
- Contingency plans
- Fallback plans
- Risk triggers
- Response activation
- Contingency actions
- Recovery planning
Module 16: Risk Reserves
- Contingency reserves
- Management reserves
- Cost uncertainty
- Schedule reserves
- Reserve allocation
- Reserve monitoring
Module 17: Risk Monitoring and Control
- Risk reviews
- Risk status updates
- Trigger monitoring
- Response effectiveness
- Closed risks
- Continuous monitoring
Module 18: Emerging and Secondary Risks
- Emerging risks
- Secondary risks
- Residual risks
- New risk identification
- Changing risk exposure
- Updating response plans
Module 19: Risk Escalation and Communication
- Escalation criteria
- Risk thresholds
- Management escalation
- Stakeholder communication
- Risk discussions
- Decision support
Module 20: Risk Reporting and Dashboards
- Risk reports
- Risk heat maps
- Risk exposure
- Top risk reporting
- Risk trends
- Management dashboards
Module 21: Risk Reviews and Lessons Learned
- Risk review meetings
- Response performance
- Risk outcomes
- Lessons learned
- Knowledge sharing
- Improving future risk practices
Module 22: Building Effective Project Risk Management
- Integrating risk with project planning
- Developing risk awareness
- Strengthening risk ownership
- Improving risk processes
- Proactive decision-making
- Continuous risk improvement
— 01.2 · Is it right for you?
Who it's for & what's included
Pick a delivery method to see exactly who it suits and everything you receive.
Who it's for
Classroom
Best for learners who want face-to-face tuition and to network with peers in person.
What's included
Everything you get
- ✓ Live instructor on-site
- ✓ Printed workbook & materials
- ✓ Group exercises & case studies
Who it's for
Online Instructor-Led
Best for learners who want a live instructor and a fixed schedule, without the travel.
What's included
Everything you get
- ✓ Live instructor via video call
- ✓ Digital workbook & resources
- ✓ Session recordings
Who it's for
Self-Paced
Best for self-motivated learners who need maximum flexibility around work and life.
What's included
Everything you get
- ✓ On-demand video lessons
- ✓ Interactive quizzes
- ✓ 24/7 access on any device
— About this course
Course Overview
This course provides practical knowledge of managing uncertainty and risk throughout the project lifecycle. Participants will explore risk planning, identification, qualitative and quantitative analysis, probability and impact assessment, risk responses, ownership, contingency planning, reserves, emerging risks, opportunities, monitoring, reporting, and lessons learned to improve project decision-making and delivery.