RISK MANAGEMENT

COURSE OBJECTIVES

• To appreciate the need for the management and review of risk
• To provide a framework and process for the management of risk
• To identify and prioritize potential risk events
• To understand a variety of techniques to identify, assess, manage and monitor risks
• To understand the importance of planning and implementing identified risk management action
• Help develop risk management strategies and risk management plans
• Use established risk management methods, tools and techniques to assist in the analysis and reporting of identified risk events
• Develop strategies and plans for lasting risk management strategies

FOCAL POINTS

• Risk management overview
• Risk identification
• Risk management process
• Risk management planning
• Qualitative risk analysis
• Risk response planning
• Risk monitoring and control
• Developing an action plan

WHO SHOULD BENEFIT

This course is primarily designed for project leaders involved in managing risk in capital projects , project managers or project team members who require a better understanding of risk management in their projects , project control managers, project engineers, Architects, quality managers, contract Administrators, construction managers and project designers.