A highly interactive training course on

Project Risk, Uncertainty & Decision Analysis

A Proven Systematic Approach to Project and Risk Management
Coventry Academy -  Project Risk, Uncertainty & Decision Analysis
5
Days

Course Schedules

 Online
 13-17 Jan 2025
 $3,950

Training course overview

"Project managers are tasked with foreseeing and addressing potential issues proactively, making them among the most innovative professionals globally."

This Coventry Academy online training course explores advanced Project Management and Risk Management concepts. Participants will learn to navigate complex, uncertain, and dynamic business environments using systematic approaches. The course equips them with strategies, techniques, and tips to establish effective project plans, robust risk management strategies, and stakeholder management strategies to achieve business objectives efficiently.

What are the goals?

This Coventry Academy online training course aims to enable participants to achieve the following critical objectives:

  • Obtain a Fundamental Understanding of Project Management Concepts
  • Prepare and Execute an Effective Project Plan
  • Identify and Analyse Project Risk
  • Apply Effective Strategies to Address Typical Project Issues

Who is this training course for?

This Coventry Academy online training course is suitable to a wide range of professionals but will greatly benefit:

  • Professionals Who Make or Support Project Decisions and Would Like to Be Able to Develop and Justify Effective Solutions  
  • Project Management Professionals and Supporting Personnel
  • Internal Auditors and Management Accountants

Course Outline

Day One: Introduction to Project Management and Risk Management
  • The nature of projects and project management
  • Project/program and portfolio management
  • Project organization, project life cycle and Stage Gate approach
  • Project Initiation
  • Scope definition and Work Breakdown Structure (WBS)
Day Two: Project Schedule and Cost Management
  • Defining and sequencing project activities
  • Schedule Development
  • Resource management
  • Estimating costs and determining budgets
  • The earned value management (EVM) concept
Day Three: Risk Identification and Planning
  • Decisions under certainty, risk and uncertainty
  • Risk management overview
  • Contemporary concepts and standards in risk management
  • Risk management planning process
  • Risk identification and assessment
  • Qualitative risk analysis
Day Four: Risk Response Strategies and Risk Control
  • Schedule-Risk and Cost-Risk Analysis
  • Risk Response Strategies
  • Risk Response Implementation
  • Risk monitoring and follow-up
  • Risk Reporting
Day Five: Project Execution, Monitoring & Closure
  • Managing stakeholder expectations
  • Managing project communications
  • Managing the project team
  • Effective project closure
  • Lesson learned
  • Post-project evaluation and Benefit Realisation

The certificate

  • Coventry Academy e-Certificate of Attendance will be provided to delegates who attend and complete the course

Coventry Academy
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