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PROJECT RISK MANAGEMENT

Duration: 3 Days | 24 Contact Hours | Code: RTMP

UPCOMING CLASS

  • 17 - 19 September 2024
  • 17 - 19 December 2024

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SINGAPORE
MALAYSIA

TRAINING MODE

Virtual Classroom

PROGRAMMES CATEGORY

ABOUT THE PROGRAM

Strengthen Project Management Through Forward Planning for Threats and Opportunities

Managers are often under pressure to deliver projects on accelerated schedules, and to incorporate new technologies and innovations to stay ahead of the competition. These pressures and uncertainties result in adding risk to projects, which is one reason that qualified risk management professionals are now valuable members of project teams.

The Project Risk Management program introduces a well-proven and practical framework for project risk management, all aligned with the Project Management Institute’s (PMI®) global standard ‘Practice Standard for Project Risk Management’.

Combined with subject matter discussions, participants will be organized in simulated project teams to work on real life case studies. Over a series of workshop exercises, the teams will apply a set of practical tools and techniques to develop complete risk management planning deliverables. Participants will be empowered with a set of risk management tools, techniques, and practical skills to immediately contribute to their crucial projects on site and back at the office.

Overview and Risk Management Fundamentals
  • Risk Management Plan Contents
  • Create Risk Management Plan
  • Building a Communication Foundation
  • General Management and Leadership Skills
  • Stakeholder Management
  • Tools and Techniques for
  • Identifying Risks
    Contents of The Risk Register
  • Risk Register’s Update Cycle
  • Perform Qualitative Risk Analysis
  • Perform Quantitative Risk Analysis
  • Risk Analysis Outputs
  • Risk Response Planning
  • Risk Response Strategies
  • Risk Response Planning Outputs

At the end of this interactive and hands-on RFMP workshop, participants will be able to:

  • Explain project risk-related concepts, terms, and principles
  • Use a proven and practical risk management framework aligned to the PMI
  • Practice Standard for Project Risk Management
  • Describe how to manage project risk throughout project life cycle by assessing and identifying risks, mitigating threats and capitalizing on opportunities
  • Plan contingency strategies, devise fallback plans, identify triggers or early warning signs
  • Monitor and report on risk status, perform risk re-assessment and audits
  • Senior Managers
  • Project Management Office
  • Program Managers
  • Team Leaders
  • And any other project stakeholders seeking to learn well-balanced risk management programs in a cost-effective manner, using proven industry techniques.

This course qualifies for 24 Contact Hours of formal project management education, which can be used towards the Project Management Institute PMI-RMP, CAPM, or PMP Exam requirements.

training grants

Funding support for training courses. Terms and conditions apply.

Training mode: Virtual Classroom

VC-PRM course fee_SSG funding breakdown
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HRDCorp Claimable Course

HRD Corp Claimable Courses is a dedicated programme designed to assist employers in retraining and upskilling their employees in line with their operational and business requirements.This course is fall under category Employer-Specific-Courses.