Project Management

Project Risk Management

Project Risk Management Training Program teaches teams how to spot, evaluate, and handle uncertainties before they harm a project. It helps project managers keep budgets, timelines, and deliverables on track.

2 Days Live Online, Corporate On-site 1 upcoming session
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Course Overview

Every project carries inherent risk, and effective risk management is essential to controlling costs and improving outcomes. This course provides a structured approach to project risk management, building a strong foundation in key principles, concepts and terminology, and showing how they can be integrated into project management processes. You will explore qualitative and quantitative risk analysis, common risk-management challenges, and the roles and responsibilities of project team members. The course also covers strategies for responding to both threats and opportunities, human and behavioural considerations, and the critical factors that contribute to successful risk management. Through this practical approach, participants gain the knowledge and insights needed to identify, assess and respond to project risks more effectively and support more predictable, cost-effective project outcomes.

Is This Course Right For You?

This course is ideal for:

The course is primarily targeted at those who already possess a basic knowledge of project management.In addition to Project Managers, the course will also be of benefit to Business Analysts, Program Managers, and Business Managers who wish to increase their understanding of this key business skill, as well as Project Team Members who often play a key role in project risk management activities.

If you're already an experienced practitioner in this area, our Advanced-level courses may be a better fit than this Foundation-level course.

What You'll Be Able To Do

From the moment a project idea is conceived to the final steps of project closure, risk is an inherent characteristic of any project. The goal is not to eliminate it, but to manage it. However, effective risk management often requires new perspectives on the definition of risks, understanding stakeholders in ways not previously considered, and engaging those stakeholders in conversations they would rather avoid. As appealing as it might be to ignore this critical aspect of project management, to do so is to invite failure. Any well-planned project necessarily addresses those events that may cause us to deviate from plan. This course takes participants through the risk management processes of planning for, identifying, analyzing, responding to, and monitoring risks throughout the life of the project. A case study and numerous workshops provide opportunities to practice the concepts presented. In addition, participants will apply the tools to a real project of their own. Practitioners new to risk management, as well as those who have some experience, will find the course to be of value in promoting a more thorough approach to the successful management of their next project.

How You'll Use This At Work

Minimizes costly budget overruns and missed deadlines. Builds stronger confidence among stakeholders through clear communication. Creates proactive backup plans so teams are prepared instead of panicked.

Curriculum

  • Identifying Risks
  • Stakeholder Risk Tolerance
  • Preliminary Risk Management Plan
  • Known and Unknowns
  • Risk Categories and Risk Identification Questions
  • Creating the Initial Risk Register
  • Calculating Risk Scores and Ranking Risks
  • Detailed Risk Analysis
  • Calculating EMV and Constructing a Decision Tree
  • Risk Response Strategies
  • Identify Secondary Risks
  • Identify Residual Risks
  • Monitoring and Controlling Project Risk
  • Apply concepts learned in class to current project.

How You'll Learn

To assimilate the tools and techniques learned, there is a mixture of individual and team exercises throughout the course. A robust case study helps reinforce concepts learned. Students will need to be prepared for a high level of participation. Each participant will receive a comprehensive student guide complete with examples and workshop solutions.

Live OnlineCorporate On-site

Before You Start

What You'll Get With Baseline Skills

Your Trainer

Surendra Saxena

Surendra Saxena

Founder, ReqDrive, Baseline Skills

Surendra hold an MBA degree from FMS Delhi University and Masters in Computer Science from IIT Roorkee. He bring over 40 years of experience in handling variety of assignments from software architecture design to large-s…

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Frequently Asked Questions

What is the main goal of this training?

The course teaches you how to find, analyze, and lower project threats before they hurt your budget, timeline, or quality goals.

Do I need prior experience in project management?

Basic knowledge of how projects run helps, but beginners can join too. We explain core terms clearly.

Is there a hands-on project?

Yes, you will practice filling out a risk register and building a basic response plan using real-world examples.

Will I get a certificate at the end?

Yes, you receive a completion certificate once you finish all modules and practical exercises.

How do I use this at my current job?

You get ready-to-use templates like risk matrices and log sheets that you can drop straight into your next team meeting.

Does this cover Agile or traditional (Waterfall) projects?

It covers both. You will learn how to track risks in traditional logs and modern product backlogs.

€ 339
€ 399
You save € 60
15% OFF

per person · €

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Upcoming Sessions

  • 2026-12-03 · Live Online On request