Project Risk Management Training Course

Module 1: Introduction to Project Risk Management

• Understanding Risk and Uncertainty
• Importance of Risk Management in Projects
• Risk Management Frameworks and Standards
• Practical Session: Identifying Risks in a Sample Project
• The Role of a Risk Manager

Module 2: Risk Identification Techniques

• Brainstorming and Delphi Technique
• SWOT Analysis for Risk Identification
• Risk Breakdown Structure (RBS)
• Practical Session: Conducting a Risk Identification Workshop
• Documenting and Categorizing Risks

Module 3: Qualitative Risk Analysis

• Risk Probability and Impact Assessment
• Risk Ranking and Prioritization
• Risk Matrix and Heat Maps
• Practical Session: Conducting Qualitative Risk Analysis
• Developing a Risk Register

Module 4: Quantitative Risk Analysis

• Monte Carlo Simulation
• Decision Tree Analysis
• Sensitivity Analysis
• Practical Session: Applying Quantitative Techniques to a Case Study
• Interpreting Quantitative Risk Analysis Results

Module 5: Risk Response Planning

• Risk Avoidance and Mitigation Strategies
• Risk Transfer and Acceptance
• Contingency Planning
• Practical Session: Developing Risk Response Plans
• Allocating Risk Response Responsibilities

Module 6: Risk Monitoring and Control

• Tracking Identified Risks
• Risk Audits and Reviews
• Risk Reporting and Communication
• Practical Session: Implementing a Risk Monitoring System
• Adjusting Risk Responses Based on Monitoring Results

Module 7: Integrating Risk Management into Project Processes

• Incorporating Risk Management in Project Planning
• Risk Management in Agile Projects
• Risk Management Tools and Software
• Practical Session: Using Risk Management Software
• Continuous Improvement in Risk Management

Module 8: Communication and Stakeholder Engagement

• Identifying Stakeholders in Risk Management
• Effective Communication Strategies for Risk Management
• Managing Stakeholder Expectations and Concerns
• Practical Session: Stakeholder Risk Communication Plan
• Building a Collaborative Risk Management Environment

Module 9: Lessons Learned and Best Practices

• Conducting Post-Project Risk Reviews
• Documenting and Sharing Risk Management Lessons Learned
• Case Studies of Successful Risk Management
• Practical Session: Analyzing Lessons Learned from Past Projects
• Implementing Best Practices in Future Projects

Module 10: Advanced Topics in Risk Management

• Emerging Trends in Risk Management
• Integrating Risk Management with Organizational Strategy
• Ethical Considerations in Risk Management
• Practical Session: Developing a Risk Management Strategy for a Complex Project
• Preparing for Risk Management Certification

Participants should be reasonably proficient in English.

Applicants must live up to Armstrong Global Institute admission criteria.

Terms and Conditions

1. Discounts: Organizations sponsoring Four Participants will have the 5th attend Free

2. What is catered for by the Course Fees: Fees cater for all requirements for the training – Learning materials, Lunches, Teas, Snacks and Certification. All participants will additionally cater for their travel and accommodation expenses, visa application, insurance, and other personal expenses.

3. Certificate Awarded: Participants are awarded Certificates of Participation at the end of the training.

4. The program content shown here is for guidance purposes only. Our continuous course improvement process may lead to changes in topics and course structure.

5. Approval of Course: Our Programs are NITA Approved. Participating organizations can therefore claim reimbursement on fees paid in accordance with NITA Rules.

Booking for Training

Simply send an email to the Training Officer on training@armstrongglobalinstitute.com and we will send you a registration form. We advise you to book early to avoid missing a seat to this training.

Or call us on +254720272325 / +254725012095 / +254724452588

Payment Options

We provide 3 payment options, choose one for your convenience, and kindly make payments at least 5 days before the Training start date to reserve your seat:

1. Groups of 5 People and Above – Cheque Payments to: Armstrong Global Training & Development Center Limited should be paid in advance, 5 days to the training.

2. Invoice: We can send a bill directly to you or your company.

3. Deposit directly into Bank Account (Account details provided upon request)

Cancellation Policy

1. Payment for all courses includes a registration fee, which is non-refundable, and equals 15% of the total sum of the course fee.

2. Participants may cancel attendance 14 days or more prior to the training commencement date.

3. No refunds will be made 14 days or less before the training commencement date. However, participants who are unable to attend may opt to attend a similar training course at a later date or send a substitute participant provided the participation criteria have been met.

Tailor Made Courses

This training course can also be customized for your institution upon request for a minimum of 5 participants. You can have it conducted at our Training Centre or at a convenient location. For further inquiries, please contact us on Tel: +254720272325 / +254725012095 / +254724452588 or Email training@armstrongglobalinstitute.com

Accommodation and Airport Transfer

Accommodation and Airport Transfer is arranged upon request and at extra cost. For reservations contact the Training Officer on Email: training@armstrongglobalinstitute.com or on Tel: +254720272325 / +254725012095 / +254724452588