A Project Management Institute, Inc. (PMI)®Registered Training Course
Project Risk Management Workshop for Project Professionals
Applying Proven Risk Management Techniques
to Real Project Risks
Course Overview
This Project Risk Management Workshop for Project Professionals is designed to equip project teams with the necessary knowledge and skills to allow them to accurately and efficiently identify, quantify and control risks which threaten to disrupt, or derail, their projects. This GLOMACS Interactive workshop covers case studies and practical risk management exercises, applicable to all industry sectors where projects are undertaken, and are of a value and nature that necessitate formal risk management.
By better understanding the risks which may affect your projects, and how to effectively manage them, you will be better positioned to successfully deliver your projects on schedule, within budget and with a clear health, safety and environment record.
The proven project risk management methods covered in this Project Risk Management Workshop for Project Professionals will benefit all people who are involved in projects of any type or size, be it small single-discipline type projects through to multi-discipline mega projects.
This GLOMACS workshop will highlight:
- Proven Risk Management Techniques
- Risk Definitions & Common Terms
- Practical Risk Management Planning
- Risk Identification
- Risk Analysis & Evaluation
- Risk Response Planning, Implementation & Control
Training Objectives
By the end of this workshop, you will have gained practical experience in:
- Accurately identifying and describing project risks
- Applying proven risk analysis methods
- Understanding different risk management techniques
- Differentiating between opportunity and threat risks
- Defining risks against project context and risk boundaries
- Distinguishing between real and perceived risks
- Evaluating risk probability and impacts
- Defining appropriate risk impact categories
- Applying optimum risk control techniques
- Mastering the process of efficient risk management
Who should Attend?
This Project Risk Management Workshop for Project Professionals is tailored for all personnel who are either involved in, or responsible for, the successful delivery of projects of all types and sizes.
This workshop is suitable to a wide range of professionals but will greatly benefit:
- Project Directors
- Asset Managers
- Project Managers
- Project Risk Managers
- Quality Assurance Managers
- Contract Managers
- Procurement Managers
- Project Engineers
- Discipline Engineers
- Technical Assistants
- Project Management Professionals
About Saudi Glomacs
At Saudi GLOMACS, we specialize in delivering world-class training courses in Saudi Arabia and across various international locations. Our training courses are tailored to meet the unique demands of Saudi Vision 2030 and the Human Capability Development Program, focusing on empowering Saudi citizens and enhancing workforce skills. We offer diverse courses spanning leadership, management, engineering, and technical disciplines to cultivate expertise and drive professional growth. Our flexible learning options—whether in-person, online, or in-house—ensure accessibility and convenience for individuals and organizations alike.
With over 30+ years of experience through the GLOMACS global network, we are committed to delivering innovative, results-driven training solutions. Our expert instructors combine industry knowledge with dynamic teaching methods, fostering practical skill development and long-term career success. By choosing Saudi GLOMACS, you're investing in personal excellence and contributing to the Kingdom’s sustainable economic growth and vision-driven transformation.
Training Outline
DAY 1: Risk Management Planning, Identification & Analysis
- Introduction to Project Risk Management Techniques
- Risk Definitions & Common Terms
- Risk Management Planning
- The Purpose & Benefits of Risk
- Responsibilities in Project Risk Management
- Project Context & Risk Boundaries
- Describing Risk
- Risk Attitude
- Planning Inputs, Tools, Techniques & Outputs
- Risk Management Planning Exercises
- Risk Identification
- Risk Source
- Consequential Risks
- Risk Identification Exercises
DAY 2: Risk Analysis & Evaluation and Risk Response Management
- Risk Analysis & Evaluation
- Qualitative Risk Analysis
- Bow-Tie Risk Analysis
- Quantitative Risk Analysis
- Monte Carlo Analysis
- Expected Monetary Value Analysis
- Risk Analysis Exercises
- Risk Response Planning, Implementation & Control
- Response Strategies for Threats & Opportunities
- The S.M.A.R.T. Rule
- Risk Control Inputs
- Risk Control Tools & Techniques
- Risk Control Outputs
- Risk Response Exercises
DAY 3: Applied Project Risk Simulation
- Project Risk Setup & Management
- Project Selection
- Risk Identification
- Risk Occurrence Timeline
- Probability of Occurrence
- Impact Identification
- Impact Ranking
- Probability Mitigation Identification
- Impact Mitigation Identification
- Mitigation Implementation & Control
- Workshop Review
- Workshop Q&A
Certificates
- On successful completion of this training course, GLOMACS Certificate with eligible Continuing Professional Education credits (CPE) from National Registry of CPE Sponsor and Professional Development Units (PDUs) / Contact Hours from Project Management Institute (PMI®), will be awarded to the delegates
Accreditation
GLOMACS is proud to be an Authorized Training Partner (ATP No. 2759) with PMI®. As an ATP, GLOMACS is authorized to issue applicable Professional Development Units (PDUs) and Educational Contact Hours to participants of any of its PMI® approved training courses for PMI® Certification and Re-Certification.
GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.
Providers and Associations
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