Risk Management Professional

Strategic Approach in Improving Risk Management Skills

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5 Found
Date Duration Venue Fees
18-22 Dec 2023 5 Days Dubai - UAE US$3,450 Register
20-24 May 2024 5 Days Dubai - UAE US$4,450 Register
12-16 Aug 2024 5 Days Dubai - UAE US$4,450 Register
21-25 Oct 2024 5 Days London - UK US$5,450 Register
16-20 Dec 2024 5 Days Dubai - UAE US$4,450 Register

Course Overview

Risk is vital in any project, yet it needs to be understood as to the huge value it can deliver to the project itself and the people involved.

This 5-day practical Risk Management Professional training course is designed to help participants cover the risk management framework from the fundamentals to the senior management level. It is delivered in such a way that the participants can expect to become skilled risk practitioners themselves.

It provides an in-depth understanding of the risk management framework from start to finish. By developing a core understanding of the risk management framework, embedding risk management within the organisation’s culture, to breaking behaviour barriers that prevent successful implementation, the participants will conclude with the ability to effectively and resourcefully assess and monitor risks using practical tools.

Course Objectives

Acquire the theory and practice of risk management in line with the ISO 31000 framework, using case studies and current affairs to bring material to life.

After the training course, the participants will learn to:

  • Understand how risk management can assist organisations in achieving their objectives and optimise decision making
  • Know 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
  • Understand the importance of ISO 31000: Risk Management Principles, Framework and Processes
  • Gain an understanding of the importance of culture, communication, and behaviour
  • Assess risk and select appropriate actions and controls using essential tools
  • Know how to communicate risks to all levels of the organisation and external stakeholders
  • Gain insight into determining the organisation’s appetite and tolerance for risk

Target Audience

This training course is appropriate for various project professionals or people who work on the sidelines of projects for organisations and need to be more risk aware.

It is suitable for a wide range of working professionals, including (but not limited to) the following:

  • Project Managers
  • Project Engineers
  • Project Support Staff
  • Business Development Staff
  • PMO Employees

Training Methodology

This training course will utilise proven learning techniques to ensure maximum understanding, comprehension, and retention of the information presented, including discussion and lectures using international best practices, practical applications, exercises, and case studies.

Course Outline

Day One

Introduction to Risk Management Concepts

  • Overview of 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 Two

Project Definition

  • Stakeholder Identification & Analysis
  • Stakeholder Risk Tolerances and Risk Attitudes
  • Defining the Project & Project Management Plan
  • Scope Management
  • Schedule Management
  • Cost Management
  • Quality Management
Day Three

Risk Management Planning

  • Critical Success Factors
  • Risk Identification
  • Project Resource Risks
  • Tools and Techniques
Day Four

Qualitative & Quantitative Risk Analysis

  • Qualitative Risk Analysis
  • Tools & Techniques
  • Quantitative Risk Analysis
  • Semi-Quantitative Risk Analysis
  • Tools & Techniques
Day Five

Risk Responses & Controlling

  • Risk Response Planning
  • Negative & Positive Risk Responses
  • Measuring Results
  • Risk Monitoring & Controlling


Upon successful completion of this training course, Newage Certificate will be awarded to the delegates.

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