Managing Risk in Project Cost & Control

One way of enhancing our performance in these areas is to ensure that they are integrated with good project risk management. All projects are subject to risk, but we are not helpless victims of it. We manage risk effectively precisely so that we can limit threats and also to capitalise on opportunities present in the project and its environment. The result is that if we are proficient in the above, this puts us in a much better place not only to meet our project targets, but also to surpass them.

Delegates should emerge from the course with a high degree of knowledge and a good set of tools and practices to apply in real-life project work. The sessions are full of practical techniques and examples, with the intention of turning knowledge into practical benefit. The worked examples, case
studies and exercises given are intended to help you to apply the knowledge you have gained.

• Learn How and why risk management means reduced threat and increased opportunity
• Understand how to identify and analyse risks particular to cost and project controls
• Grasp the basic principles of risk management within the context of project cost and control
• Implement risk controls and monitor their effectiveness throughout the project lifecycle
• Understand how human and organisational factors influence risk management
• Set up and sustain an effective risk management function
• Identify potential risks that could impact project costs and timelines

• He has more than 30 years’ experience of managing projects in a variety of sectors, including oil and gas, IT, power delivery, water and broadcast industries.
• He is an experienced course instructor, delivering a variety of project management-related courses.
• He is a Reviewer of national project management apprenticeship scheme.
• He is a founding member and past chair, Association for Project Management (APM) Aberdeen.
• He is a Member Offshore Project Management Steering Group (UK North Sea).
• He leads on UK ECITB Project Management Mentoring Scheme.
• He conducts and commissions active research in the project management field.

PMI CREDENTIALS HOLDERS ARE ABLE TO EARN 24 PDUS ON OUR COURSES FOR CONTINUING CERTIFICATION REQUIREMENTS (CCR).

No. of Days:	3
Total Hours:	24