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- Duration / Course length: 5 Days
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Course details
OverviewOur certification program is designed to offer recognition to professionals aspiring for a rewarding career in Risk Management. It is equally valuable for project team members who wish to demonstrate their proficiency in risk management principles and terminology ensuring alignment with the field's best business practices and standards.
This comprehensive training empowers individuals with specialised skills to enhance their contributions to project teams while also serving as a foundation for those without prior project experience who wish to excel in risk management. The acquired knowledge can be immediately applied to on-the-job experiences fostering competence in risk management. Prerequisites Students are expected to use MS-Project MS-Word Excel and PowerPoint in completing their assignments and projects AND
Four-Year Degree
- 24 months of experience leading projects within the last 5 years
- 30 hours of project risk management education OR
- High School Diploma or Associates Degree
- 36 months of experience leading projects within the last 5 years
- 40 hours of project risk management education
Objective
- Upon completing this courseparticipants will be able to:
- Describe and comprehend all Project Risk Management processes.
- Acquire the necessary knowledge to prepare for any Risk Management Certification Exam.
- Apply internationally-recognised best practices for effective risk management.
- Avoid common mistakes in risk management.
- Explain Risk Management principles and techniques and their application in day-to-day project and operational management.
- Adopt a proactive approach to problem prevention rather than reactive problem-solving.
- Gain a deeper understanding of risk attitudes and their impact on decision-making.
Who Should Attend
If you are a project manager, risk manager, functional manager or C-suite executive, PMI-RMP® certification sets you apart. If you have advanced knowledge and experience in risk management, or if you are a project manager focused on project risk management, including for large projects in complex environments, then the PMI-RMP® is an excellent choice for you.
Course Outlines
Day 1: Introduction to Project Risk Management
- Orientation session
- Pre-assessment Form
- Risk Strategy and Planning (Domain 1)
- Continuous process improvement in risk management
- Knowledge management techniques for organising and accessing project risk information
- Metrics for measuring the effectiveness of the project risk process
- Risk attitude concepts
- Risk Breakdown Structure (RBS)
- Risk tolerance concepts
- Barriers to effective risk management
- Project risk management inputs tools techniques and outputs
- Project risk contingency and management reserve
- Research and analysis techniques
- Basic strategy development methodologies
Day 2: Stakeholder Engagement (Domain 2)
- Information resources both internal and external
- Utilising project performance information
- Stakeholder sensitivity analysis models
- Training and coaching techniques
- Understanding stakeholder risk attitudes
- Group decision-making and creativity techniques
Day 3: Risk Process Facilitation (Domain 3)
- Basic risk identification tools and techniques for threats and opportunities
- Basic qualitative and quantitative risk analysis tools and techniques
- Cognitive biases and their effects on risk perception and behaviour
- Risk response strategy types
- Contingency management tools and techniques
- Risk monitoring and control techniques
- Group decision-making and creativity
Day 4: Risk Monitoring and Reporting (Domain 4)
- Continuous process improvement and quality management in risk management
- Knowledge management techniques for organising and accessing project risk information
- Alternative formats for project risk reports
- Requirements for risk register data fields
- Risk statement and response activity construction
- Risk metrics and performance measurement
- Risk management reserves
Day 5: Perform Specialised Risk Analyses (Domain 5)
- Advanced risk identification tools and techniques for threats and opportunities
- Advanced quantitative risk analysis tools and techniques
- Tools and techniques for identifying and analysing overall project risk
- Advanced statistical methods
- Estimation tools to support risk decision-making
- Advanced cognitive bias theory
- Variance/Earned Value Analysis
- Post-Assessment Form
About London Training For Excellence
Empowering Professionals for Over a Decade
London Training for Excellence is a leading provider of professional development programmes, established in 2013. For over eleven years, we have been committed to equipping individuals and organisations with the skills and knowledge they need to excel in today's ever-evolving business landscape.
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We offer a comprehensive range of training solutions across a diverse set of industries, including:
- Artificial Intelligence (AI): Stay ahead of the curve with cutting-edge training on AI applications, machine learning and data analysis.
- Contact Management: Learn best practices for building and nurturing relationships, managing communication workflows and leveraging technology to optimise your outreach efforts.
- Engineering: Enhance your technical expertise and stay current with the latest advancements in various engineering fields.
- Finance and Legal: Gain a deep understanding of financial concepts, legal frameworks and compliance requirements.
- Human Resources: Navigate the complexities of HR practices, from recruitment and onboarding to employee relations and performance management.
- Leadership and Management: Develop your leadership skills, communication techniques and team-building strategies.
- Logistics: Optimise your supply chain operations and ensure efficient delivery of goods and services.
- Marketing and Sales: Develop effective marketing strategies, hone your sales skills and drive business growth.
- Oil and Gas: Gain specialised knowledge and skills relevant to the oil and gas industry.
- Project Management: Master the art of project planning, execution and delivery to ensure successful project outcomes.
Our Approach
At London Training for Excellence, we believe in delivering high-quality, interactive training programmes that cater to diverse learning styles. Our experienced instructors are industry experts who combine theoretical knowledge with practical application.
Flexible Learning Solutions
We understand that busy professionals require flexible learning options. We offer a variety of delivery methods to suit your needs, including:
- In-person training: provides more significant face-to-face interaction. In a classroom setting, attendees can connect in real-time. In-person training also offers more opportunities for group activities and interactive projects.
- Online Courses: Our comprehensive online courses allow you to learn comfortably in your working environment.
- In-Company Training: Tailor training programmes specifically for your organisation's needs and deliver them on-site for maximum impact and employee convenience.
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By investing in training and development with London Training for Excellence, you will gain the knowledge and skills necessary to achieve your professional goals and contribute to the success of your organisation.
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Let London Training for Excellence help you unlock your full potential and drive positive organisational change. Contact us today to discuss your training needs and explore how we can empower your workforce for the future.
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