2-DAY COURSE ON PROJECT RISK MANAGEMENT BY IR. FRANKIE CHONG


  • 01 Jun 2020 to 02 Jun 2020 (9:00 AM - 5:00 PM) Postponed
  • WISMA IEM, PETALING JAYA
  • Managed by: IEM Training Centre Sdn Bhd
  • Organised by: IEM TRAINING CENTRE SDN BHD
  • Closing date before: 29 May 2020

Offline Registration Form - Download

SYNOPSIS

“PROJECT RISK MANAGEMENT”

Master the essentials of Project Risk Management in 2 days!

Our world is full of uncertainties which make project management a very challenging endeavor. It cannot be denied that all projects carry some degree of risks. These risks can impact the project adversely if they are not managed properly. In order to increase the chance of project success, project personnel must therefore take proactive stance to develop and implement practical risk management strategies throughout the project life cycle.

This 2-day interactive course is designed to lay a solid foundation in key competency of Risk Management. Participants will learn about the ISO 31000 2018 Risk Management Process, PMI Practical Standard for Project Risk Management, develop a practical risk management plan, apply various tools and techniques to identify, analyse, respond, monitor and control project risks that are detrimental to your projects. Ultimately, you will create effective risk mitigation strategies and action plans to deliver projects that meet the expectations of your stakeholders.

YOU WILL LEARN HOW TO 

  • Use a practical, Step-by-Step Process to manage and mitigate Project Risk
  • Develop a Risk Management Plan
  • Create and implement a Risk Register
  • Identify, analyse, quantify and assess risks
  • Prioritize risks through quantitative and qualitative analysis
  • Develop risk response options
  • Develop Contingency Plans for risks
  • Make effective decisions using the relevant tools and techniques

WHO SHOULD ATTEND

This course is valuable for Project Executives/Managers, Engineers, IT Executives/Managers, Users, Business Managers, Project owners, Contractors and anyone who has a stake in seeing a project through to its successful completion in any industry or environment. Some project management experience is recommended.

*Participants should bring along calculators for practical exercises.

COURSE CONTENT

MODULE 1: BASIC CONCEPTS 

  • Introduction
  • The benefits of Effective Risk Management
  • What is a Project Risk?
  • Overview of Project Management and PMBOK
  • Overview of ISO 31000 2018 Risk Management Process, PMI Practical Standard for Project Risk Management
  • Basic Risk Terminology and Definitions
  • Determining your attitude toward risk

MODULE 2: PLANNING FOR RISK MANAGEMENT 

  • Selecting the right project
  • Project Planning Processes
  • Developing Risk Management Plan
  • Risk Identification Technique 

MODULE 3: IMPORTANT ELEMENTS OF RISK MANAGEMENT PLAN 

  • Purpose, Scope and Objectives
  • Party Responsibilities
  • Assumptions and Constraints
  • Risk Management Process
  • Stakeholder Influence
  • Organisational Structure and Responsibilities
  • Risk Management Database
  • Deliverables and Meetings 

MODULE 4: CASE STUDY & GROUP WORKSHOP 1 – CREATE A RISK MANAGEMENT PLAN 

  • Guideline on Risk Management Plan
  • Case Study – Create A Risk Management Plan
  • Exercise: Develop a simple Risk Policy and Risk Management Plan
  • Present and Discuss 

MODULE 5: RISK MANAGEMENT PROCESS

•  Risk Identification

•  Risk Analysis – Qualitative and Quantitative

•  Risk Treatment (Response Planning)

•  Identify and Select Response Options

•  Risk Monitoring and Control

•  Risk Close Out

•  Communication Challenges

MODULE 6: CASE STUDY & GROUP WORKSHOP 2 – IMPLEMENT RISK MANAGEMENT PROCESS

•  Search Risk Database

•  Develop Risk Breakdown Structure

•  Implement the complete Risk Management Process Using Risk Form and Risk Register

•  Present and Discuss

MODULE 7: SUMMARY & CONCLUSION

 

Pricing

Type Online Rate (RM) Offline Rate (RM)  
Member
All member type
1000.00 1050.00
Non Member
All non member
1500.00 1550.00 Register
Rate stated does not include 6% SST

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