Project Risk Management

Overview

Project risk management is the 'radar' that enables your business to avoid obstacles, show-stoppers and major disasters!

Risk management is a well-recognised set of tools and methods that enables you to systematically identify project risks and then to respond appropriately. Responding to risks may mean reducing the chances that a specific risk will turn into an Issue that would hurt your project. It may mean putting recovery plans in place so that you can deal with outcomes effectively when risks do turn into real problems.

A planned and controlled approach to project risk is an essential tool for modern programme and project management. The methods of project risk management are a hugely important capability both for individual project managers and also the organisations within which they work.

Developing skills, knowledge and organisational processes in this area is likely to have a significant return on investment (ROI) for any organisation that runs projects either internally or for their customers.

Programme details

This one-day course presents industry best-practice in a clear and understandable manner. You will leave the course with the knowledge and understanding to enable you to manage risk on your project. The course draws on the PRAM guide developed by the Association for Project Management and on practical project experience from real projects.

The course includes:

  • An overview of project risk management – why it matters and how it works.
  • Planning for risk management
  • Identification of risks in resources, scope and schedule
  • Taking advantage of opportunities – the positive side of chance events
  • Information gathering for Risk
  • How to assess, quantify and prioritise risks
  • Strategies to respond to risk – reduction, mitigation and avoidance
  • Managing and communicating risk Information
  • The human face of risk – why do people and projects get it wrong?

Intended Audience

Project risk management is employed by small businesses and large, in both the private and public sectors. This course is relevant for both new and experienced project managers who need to update their skills in project risk management. Additionally this course will be of interest to organisational leaders and customers of larger projects who want to understand how their organisations can effectively manage project risks.

Certification

Participants who attend the full course will receive a University of Oxford certificate of attendance. This will be presented to you prior to the end of the course wherever possible.

The certificate will show your name, the course title and the dates of the course you attended.

Fees

Description Costs
1. Standard course fee £545.00

Payment

Fees include course materials, tuition, refreshments and lunches. The price does not include accommodation.

All courses are VAT exempt.

Register immediately online 

Click the “book now” button on this webpage. Payment by credit or debit card is required.

Request an invoice

Please email the course administrator if you would like to arrange payment via an invoice.

Tutor

Dr Rob Collins

Speaker

Dr Rob Collins

Visiting Fellow

Department of Computer Science, University of Oxford

Dr Rob Collins is a visiting fellow of Kellogg College Oxford and regularly teaches courses at the University – both through Continuing Professional Development and through the Computing Laboratory.

As well as his academic teaching work Dr Collins regularly provides consultancy to industry in the area of Business Process Excellence and Systems Engineering.  He gained his Black Belt Certification in Lean Six Sigma from Lockheed Martin – the world's largest Systems Engineering company and a world-leader in advanced technology.

As well as his undergraduate degree in Physics and Computing, Dr Collins holds a PhD completed within a Psychology Department. Dr Collins’ PhD focussed on training, psychology and processes for introducing complex technology into learning environments. Dr Collins’ completed an MBA in 2012 at Henley Business School. He thus has a strategic business view as well as deep understanding and practical experience of hands-on process improvement in technology and service.

Teaching methods

This course is rich in content – but presented in a friendly and relaxed style. As well as explaining the methods and tools in this area there will be plenty of time for discussion and question asking. The course includes practical activities to help you think about risks on your project to enable you to leave the course 'ready to run' with managing your own project risks.

Application

If you would like to discuss your application or any part of the application process before applying, please click Contact Us at the top of this page.

Level and demands

If you're uncertain whether this course is suitable for your requirements, please contact us ith any questions you may have.

Accommodation

Although not included in the course fee, accommodation may be available at our on-site Rewley House Residential Centre. All bedrooms are en suite and decorated to a high standard, and come with tea- and coffee-making facilities, free Wi-Fi access and Freeview TV. Guests can take advantage of the excellent dining facilities and common room bar, where they may relax and network with others on the programme.

To check prices, availability and to book rooms please visit the Rewley House Residential Centre website.