Project Risk Management Training

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We run project risk management training courses at various venues around the world and throughout the year, but can also provide training on site at your request. Please contact us if you would like to receive a proposal to provide dedicated training at your own premises.

Our training module is based on ISO 31000:2009, “Risk Management - Principles and Guidelines” and ISO 31010:2009, “Risk Assessment Techniques” which defines the risk management process as follows:

One of the biggest short-comings in project risk management is that risk registers are often developed and managed without giving due consideration to the necessity of accurately defining, quantifying and mitigating risks that could significantly affect both the execution and outcome of a project.

More often than not, the responsibility of managing project risk registers is delegated to managers or engineers who have not had the benefit of professional project risk management training and, unless they have a proven track record in efficiently managing project risks, this can easily result in excessive man-hours being spent logging and mitigating risks which are either ill-defined or not relevant to the outcome of the project.

At Project Risk Manager, we offer comprehensive training courses designed to provide Risk Managers and Engineers with the necessary tools and skill sets to efficiently manage project risks, and significantly cut down on unproductive risk management man-hours.

We consider one of the most efficient means of risk management is to define risk as a combination of a threat and an event triggered by that threat, which results in consequences to either the project itself, or to the stakeholders of that project. Our training module therefore applies traditional risk matrix and bow-tie risk analysis methodologies.