Managing Project Risks Masterclass | Project Management Courses in Hong Kong

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Project Risk Management Course

Hong Kong

Learn risk identification and mitigation plans with this Project Risk Management Course
Gain practical experience through real-world case studies and interactive exercises
Understand the complete project lifecycle and its associated risk factors

Dates & Prices Dates & Prices

Course information

Project Risk Management Course Outline

Module 1: Why Project Risk Management?

Doomed Project
Risk
Opportunities and Risks
Benefits of Project Risk Management
Costs of Project Risk Management
Project Risk Management Process

Module 2: Planning for Risk Management

Project Selection
Overall Project Planning Processes
Defining Risk Management for the Project
Risk Management Infrastructure for the Organisation
PERIL Database

Module 3: Identifying Project Scope Risk

Sources of Scope Risk
Defining Deliverables
High-Level Risk Assessment Tools
Setting Limits
Work Breakdown Structure
Other Scope-Related Risks
Documenting the Risks

Module 4: Identifying Project Resource Risk

Sources of Resource Risk
Resource Planning
Staff Acquisition
Outsourcing
Cost Estimates and Budgets

Module 5: Managing Project Constraints and Documenting Risks

Analysing Constraints
Managing Opportunities
Scope Modification
Resource Modification
Schedule Modification
Assessing Options and Updating Plans
Seeking Missing Risks
Creating a Risk Register

Module 6: Managing Activity Risks

Categories of Risk
Risk Response Planning
Dealing with Risk Causes and Effects
Implementing Preventative Ideas
Documenting Your Risk Plans and Risk Owners

Module 7: Quantifying and Analysing Project Risk

Project Level Risk
Aggregating Risk Responses
Project Modelling and Simulations
Integrated Schedule/Cost Assessment
System Analysis
Critical Chain Considerations
Questionnaires and Surveys
Analysis of Scale
Project Appraisal
Scenario Analysis
Project Metrics
Financial Metrics

Module 8: Managing Project Risk

Project Documentation Requirements
Project Start-Up
Selecting and Implementing Project Metrics
Establishing Reserves and Managing for Contingency
Project Baseline Negotiation
Project Plan Validation
Specification Change Control

Module 9: Closing Projects

Project Closure
Project Retrospective Analysis

Module 10: Programme, Portfolio, and Enterprise Risk Management

Programme Risk Management
Portfolio Risk Management
Enterprise Risk Management

Who should attend this Project Risk Management Course?

The Project Risk Management Training focuses on equipping attendees with advanced techniques, strategies, and tools for identifying, assessing, mitigating, and monitoring risks in project environments. This course can be beneficial for a wide range of professionals, including:

Project Managers
Project Team Members
Risk Managers
Programme Managers
Portfolio Managers
Business Analysts
Project Stakeholders
Project Control Officers

Prerequisites of the Project Risk Management Course

There are no formal prerequisites for attending this Project Risk Management Training Course.

Project Risk Management Course Overview

This Project Risk Management Training delves into the various aspects of Risk Management, including the phases of planning for it, identifying project scope risks, project resource risks, management of activity risks, and more. With ever-increasing complexities in project environments, mastery of risk management is paramount for success.

Proficiency in Managing Project Risks is indispensable for a diverse array of professionals. Project Managers, Team Leaders, and those aspiring to lead projects effectively must aim to master this subject. The ability to foresee, assess, and mitigate risks enhances project outcomes, ensuring timely delivery, cost-efficiency, and client satisfaction. Thus, professionals in various industries should prioritise honing their skills in this domain.

The Knowledge Academy’s intensive 1-day training equips delegates with practical tools and knowledge to effectively identify, evaluate, and mitigate risks within project scenarios. Through real-world case studies, interactive discussions, and expert guidance, delegates will gain a profound understanding of core risk management principles. They will learn to develop proactive risk strategies, strengthening their ability to meet project objectives and handle challenges seamlessly.

Course Objectives

To develop a comprehensive understanding of project risk management fundamentals
To learn to identify and classify risks in various project phases
To acquire skills in risk assessment and prioritisation
To master effective risk response strategies and contingency planning
To utilise industry best practices and tools for risk management
To gain insights into communication and reporting for risk mitigation

After completing this course, delegates will be equipped with valuable skills and knowledge to tackle risks effectively in their projects. They will become more proficient Project Managers, capable of reducing uncertainties, ensuring project success, and enhancing their career prospects.

What’s included in this Project Risk Management Course?

World-Class Training Sessions from Experienced Instructors
Project Risk Management Certificate
Digital Delegate Pack

Why choose us

Our Hong Kong venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

Hong Kong is an autonomous territory of the People’s Republic of China and can be located on the southern coast of China. Hong Kong has a population of around 7 million people. The education system in Hong Kong is mostly based around the English system and it is overseen by the Education Bureau and the Social Welfare Department. One of the earliest schools in Hong Kong was Li Ying College established in 1075. The education level begins with preschool education that is payable education, paid by pupil’s parents. The primary and secondary education is mandatory for every child in Hong Kong to attend from the age of 6 to 18. Higher education remains exclusive in Hong Kong and adult education is a growing sector in Hong Kong, with two non-profit school running evening courses. The University of Hong Kong was founded in 1911 and is the oldest tertiary (higher education) institution in Hong Kong and is organised into 10 academic faculties with English as the main language of instruction. The Education Bureau in Hong Kong also provides educational services for immigrant children from mainland China and other countries. Hong Kong also has 175 internal schools.

Address

62/F & 66/F
The Center
99 Queens Road
Central
Hong Kong

T: +852 2592 5349

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Managing Project Risks Masterclass | Project Management Courses in Hong Kong. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Learn more in our FAQs

Unlock your potential with The Knowledge Academy's Managing Project Risks Masterclass | Project Management Courses in Hong Kong, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Learn more in our FAQs

What our customers are saying

Managing Project Risks Masterclass | Project Management Courses in Hong Kong FAQs

What does this Project Risk Management Course entail?

This course equips participants with the skills to identify, assess, and manage project risks. It focuses on mitigating potential challenges to ensure successful project delivery, aligned with industry standards and practices.

Are there any prerequisites for taking this Project Risk Management Course?

There are no formal prerequisites for taking this course.

What are the benefits of taking this Project Risk Management Training?

Taking this training equips professionals with the skills to identify, assess, and mitigate project risks effectively. It enhances decision-making, improves project outcomes, boosts stakeholder confidence, and offers career advancement opportunities in diverse industries.

What is the scope of the Project Risk Management Training Course?

This training course focuses on identifying, assessing, and mitigating risks throughout a project's lifecycle. It enhances participants' ability to manage uncertainties, ensuring successful project outcomes by implementing effective risk management strategies and maintaining stakeholder confidence.

Who should attend this training?

This training is suitable for Project Managers, Risk Managers, Team Leaders, and anyone involved in project planning and execution. This course is ideal for professionals looking to enhance their risk management skills and mitigate project uncertainties effectively.

What is the duration of this Project Risk Management Certification Course?

This Project Risk Management Certification course takes 1-day to complete during which delegates participate in intensive learning sessions that cover various course topics.

Do you offer support for this Project Risk Management Course?

Yes, The Knowledge Academy offers support via phone & email before attending, during, and after the course. Our customer support team is available to assist and promptly resolve any issues you may encounter.

Do you provide an exam for this training?

No, this course does not include an examination.

What are the topics covered in this Project Risk Management Course?

This course covers essential topics such as risk identification, assessment, prioritisation, mitigation strategies, and communication of risks. It equips participants with practical tools for managing project uncertainties, enhancing decision-making and project outcomes by systematically addressing potential risks.

What kind of skills can be gained from this Project Risk Management Training Course?

This training equips participants with skills to develop risk management plans, implement risk response strategies, identify and mitigate potential project risks, and effectively communicate risk-related issues to stakeholders, thereby enhancing project resilience and overall success.

What are the career opportunities after completing this Project Risk Management Certification Course?

After completing the Project Risk Management Certification Course, career opportunities include roles such as Risk Manager, Project Manager, Risk Analyst, Risk Consultant, and Compliance Manager. These positions span industries like finance, construction, healthcare, and IT, offering significant growth potential.

Will I receive a certification upon completing this Project Risk Management Course in Hong Kong?

Yes, after completing this course you will receive a certificate of completion to validate your achievement and demonstrate your proficiency in the course material.

Why choose The Knowledge Academy in Hong Kong over others?

The Knowledge Academy in Hong Kong stands out as a prestigious training provider known for its extensive course offerings, expert instructors, adaptable learning formats, and industry recognition. It's a dependable option for those seeking this course.

What is the cost/training fees for Project Risk Management Course in Hong Kong?

The training fees for Project Risk Management Coursein Hong Kong starts from HKD7995

Which is the best training institute/provider of Project Risk Management Course in Hong Kong?

The Knowledge Academy is the Leading global training provider for Project Risk Management Course.

What are the best Project Management Courses courses in Hong Kong?

Please see our Project Management Courses courses available in Hong Kong

Why choose us

Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

Many delivery methods

Flexible delivery methods are available depending on your learning style.

High quality resources

Resources are included for a comprehensive learning experience.

"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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