Project Risk Compliance & Management

This seminar focuses on project risk management to reduce cost and schedule overruns while enhancing project execution. Effective project management involves seizing opportunities, minimizing threats, and optimizing results through proactive risk management. Participants will learn a six-step risk process to identify, assess, mitigate, and monitor risks at both project and task levels, ensuring compliance with corporate policies and regulations to avoid costly setbacks.

By the end of this training, participants will be able to:

• Understand the project risk management process and its integration into project planning.
• Identify risks affecting project quality, cost, schedule, and scope.
• Apply techniques to analyze, mitigate, and monitor project risks.
• Develop and implement a practical risk monitoring plan and risk management strategies.
• Use a six-step approach to manage project risks effectively.
• Establish a risk budget based on expected monetary value (EMV).

• Project Managers
• Project Team Leaders and Members
• Project Controls Officers
• Risk and Compliance Officers involved in project execution
• Engineers, Supervisors, and Managers overseeing projects