Managing Project Risk

Project risk management

Although the theory is largely the same, the practice of project risk management is significantly different to that of general (or business-as-usual) risk management.

In this course, we consider risk within the triple constraints of scope, time and cost, while leveraging the same to realise unplanned opportunities.

What will I learn?

Risk has traditionally been viewed as something to be avoided or transferred; however, it is now recognised that if we understand risk, and how it is caused an influenced, we can change it (the risk treatment) so that we are more likely to achieve our objectives, and improve our organisational efficiency.

This course is consistent with AS/NZS ISO 31000:2009 Risk Management, and addresses the knowledge, processes and techniques necessary to manage risk, including:

  • establishing the risk context
  • identifying risks
  • analysing and prioritising risks, and
  • selecting and implementing treatments.

What are the benefits?

This workshop is highly interactive, and our semi-structured approach is dynamically responsive to the experience, needs and operating environment of the participants.

Participants are therefore encouraged to share complex, ‘real life’ examples from their professional experience that can be resolved using the best-practice principles of project management.

Upon successful completion of the course, participants will be able to:

  • develop a risk management plan which includes:
    • a detailed stakeholder analysis
    • explanation of the risk context
    • critical success factors
    • identified and analysed risks, and
    • treatments for prioritised risks
  • detail monitoring arrangements for a risk management plan, and
  • evaluate the efficacy of risk planning and treatment.

What is included?

Every Masterclass includes:

  • Pre-workshop stakeholder meeting
  • Contextualisation of resources
  • Integration of corporate assets
  • Course delivery
  • Certificates of Attendance
  • Comprehensive feedback

Additional services that may be quoted include:

  • Learner resources (eg notes, folders etc)
  • Venue hire (including AV) and catering
  • Travel and accommodation
  • International guest presenters
  • Extended workplace mentoring
  • Accreditation

How much does it cost?

We work with our clients in a number of capacities including on a negotiated hourly, daily or a fixed rate basis.

Corporate clients are usually charged a fixed fee, as opposed to a per participant rate; although a cap may be placed on participant numbers (usually 25 people per workshop) to guarantee optimum levels of interaction.

At present, we do not offer individual (public) seats on our corporate Masterclasses.