Project Risk Management – An Essential Skill Course
Learn and understand what an effective project risk management framework looks like and how it works.
This course is for project managers and risk managers seeking to understand how to embed risk in a project while minimising administrative burden.
What you will learn
- The good and the bad of project risk management approaches
- Delivering value through project risk assessment
- Driving project performance
This course is for project managers and risk managers seeking to understand how to embed risk in a project while minimising administrative burden. You will be introduced to what an effective project risk management framework looks like and how it works. As importantly, the process of risk assessment you do every day will be broken down for you so you can apply it more formally to your key program and project decisions.
The framework, tools and techniques you will be introduced to will provide you with a basis for managing your project risk more effectively than ever before. It will also provide you with the means to demonstrate to your key stakeholders that you understand and are managing risk for their benefit.
Course Overview
This is an online interactive course run over two half-days, with ample time to participate, share and network.
Part One: The good and the bad of project risk management approaches
- Risk and good governance
- Project risk management in plain English
- The Project Risk Management Journey
- Effective project risk frameworks
- The benefits of project risk management
- Group Exercise – Defining the benefits and the barriers to effective project risk management.
Part Two: Delivering value through project risk assessment
- The project risk management process
- A simple project risk register tool
- Initial analysis to establish context
- Establishing Risk Appetite for a project
- Group Exercise – Establishing the context for a project.
- Project risk assessment tools and techniques – work breakdown structures, process flow diagrams, event tree analysis, Bowtie Analysis
- Risk assessment tips and tricks
- Prioritising known risks, exposing known but unspoken risks, discovering unknown risks and making allowance for what we can’t predict – Black Swans
- Group Exercise – Project risk assessment
Part Three: Driving project performance
- Project risk treatments – developing innovative solutions
- Risk sharing via contracts – issues in negotiating acceptable indemnity clauses
- Understanding risk management performance
- Understanding and influencing risk culture within a project team
- Influencing culture through strong risk leadership
- Group Exercise – Methods for embedding a good risk culture in a project team.
More of my insights on this workshop
Testimonial
About Bryan
Bryan Whitefield is a management consultant operating since 2001, specialising in risk-based decision making, born from his more than twenty years of facilitating executive and board workshops. Bryan’s experience as a risk practitioner includes the design and implementation of risk management programs for more than 150 organisations across the public, private and not-for- profit sectors. Bryan is author of Risky Business: How Successful Organisations Embrace Uncertainty; Persuasive Advising: How to Turn Red Tape into Blue Ribbon and is writing Team Think: Unlock the Power of the Collective Mind. He was President and Chair of the RMIA from 2013 – 2015. He is licenced by the RMIA as a Certified Chief Risk Officer (CCRO) and is the designer and facilitator of their flagship Enterprise Risk Course since 2019.
Course Details
Time: 4 hours x 2 Half Day Online Learning Workshops, total 8 hours.
Location: Online Zoom Meeting
SESSION 1 (4 hours)
TBC
SESSION 2 (4 hours)
TBC
PRICE: $1,309 incl. GST
Group Bookings: For Group Bookings, please contact Bryan’s Team HERE