Risk Management for Projects, Programs & Operations

Who should attend?

• Operations team leaders, supervisors, section heads, and managers
• All personnel involved in carrying out programme, projects, and operations work.
• Business and operations professionals who have an interest in risk management
• Risk Managers & Professionals
• Maintenance managers, engineers, and technicians
• Technical professionals involved in operations start-up, maintenance, and shut-down
• Business and project administrative, procurement, and support staff
• Project Managers, Team Leaders & Line Managers

Training Methodology

Our diverse instructional approaches ensure effective learning:

• Lectures & Presentations: Engage with expert-driven, stimulating content.
• Course Material: Access well-crafted supporting resources.
• Group Work: Collaborate on discussions and case studies for practical insights.
• Workshops & Role-Play: Participate in immersive, scenario-based activities.
• Practical Application: Focus on applying theoretical knowledge in real situations.
• Post-Training Support: Receive extensive support after training for skill implementation.

Training Outline

Day 1: Risk Management Framework and Planning

• Overview of Projects, Programs, and Operations
• The Six Key Processes of Risk Management
• Purpose and Benefits of Effective Risk Management
• Defining Roles and Responsibilities in Risk Management
• Integrating Risk Management into the Operations Process
• Comprehensive Risk Management Planning
• Steps in the Risk Planning Process

Day 2: Risk Identification Processes

• Understanding Operational Context and Key Stakeholders
• Inputs Required for Effective Risk Identification
• Tools and Techniques for Risk Identification
• Identifying Consequential Risks
• Documenting Outputs of the Risk Identification Process
• Practical Exercises in Risk Planning and Identification

Day 3: Risk Assessment and Quantification

• Estimation Techniques for Risk Assessment
• Schedule Diagramming: Critical Path Method (CPM)
• Program Evaluation & Review Technique (PERT) Application
• Conducting Qualitative Risk Analysis
• Applying Quantitative Risk Analysis
• Hands-on Exercises in Risk Assessment

Day 4: Risk Response Planning

• Prioritizing Identified Risks
• Guidelines for Developing Risk Response Strategies
• Response Strategies for Mitigating Threats and Leveraging Opportunities
• Planning and Analysing Effective Responses
• Exploring Alternative Response Strategies and Validation
• Risk Response Planning Exercises

Day 5: Implementing and Controlling Risk Responses

• Guidelines for Risk Control Processes
• Essential Inputs for Risk Control
• Tools and Techniques for Effective Risk Control
• Outputs and Documentation of Risk Control Activities
• Reporting and Documenting Risk Management Outcomes
• Simulation Exercise: Risk Management in Action