5-6 May 2011 | Budapest

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27-28 September 2011 | Budapest

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19-20 October 2011 | Istanbul

Overview

Many project teams spend a great deal of time “fighting fires” -
responding to problems that may or may not have been foreseen in advance

By their very nature all projects carry a level of risk, however successful project managers plan for the risk in their projects, thereby minimising threats and maximising opportunities.

The potential threats and opportunities to your projects cannot be predicted with 100% certainty, but by taking a methodical approach it is possible to avoid many risks and to mitigate the effects of the unavoidable.

This course teaches the systematic approach to managing risk. You will learn how to identify, quantify, prioritise and plan for risk, as well as how to pro-actively monitor the risk plan as the project unfolds.

It’s important as well to understand that good project risk management is a team effort. This course looks at the best ways to get the processes up and running in practice. It also addresses the key challenges in getting senior management on board and encouraging open communication of project risks and agreed contingencies.

This course contains a large practical component, allowing delegates to directly practice the skills they have learned on a real-life case study.

Seminar Focus:

• Learn how to identify, quantify, prioritise and plan for risk with a systematic approach
• Find out how to distinguish between good luck & bad management and bad luck & bad management
• Learn better decision making to quantify alternatives and understand best, worst & most likely outcomes
• Develop more effective Risk Management plans and pro-actively monitor them as the project unfolds
• Insights into key issues such as realistic assessments of contingency funds
• Analyse Contractual Risks and influencing the procurement process

Instructor Profile:

Rick Graham, PMP Rick has been actively involved in projects for over 20 years. He was Project Director of Bio-Flo Ltd, with overall responsibility for the project management and distribution of downstream processing equipment, including the negotiation of UK, US and European partnership agreements. Rick has degrees in Biochemistry with statistics and Law (first class). He holds the Certified Diploma in Accounting and Finance (ACCA) and teaches a module of the MBA and Operational Research courses of a major UK business school in the area of statistical and project risk analysis.