Project Risk Management Training Course

Provide the participants with a deeper understanding of the importance of and techniques of implementing risk management practices.

Project Management Institute (KMI) HRDF SBL-Khas claimable Sharma Management International Sdn Bhd



This Project Risk Management course is an advanced risk management course. It aims to provide the participants with a deeper understanding of the importance of and techniques of implementing risk management practices.

This course aims to provide an avenue for participants to learn how to manage real risks so that projects may be undertaken in a structured manner to enable them to be implemented effectively.

The subject matter proposed is based on latest developments in the field of Risk Management. Numerous relevant and effective learning tools and case studies are incorporated to enhance the learning experience of all participants involved in the training program.

This Project Risk Management Training Course usually be conducted in Kuala Lumpur, Malaysia

Terminal Objective

This training program has been designed to develop competencies associated with risk management. Key aspects covered in this regard will include fundamental approaches to risk management, risk characteristics and elements, how to plan for risk management, and approaches for risk response and monitoring.

This activity-based workshop will provide the participants with an opportunity to understand the steps required to plan for and deal with risks.

Key course outcomes

  • Define fundamental approaches to risk management;
  • Identify risk characteristics and risk elements that have to be considered;
  • List categories and sources of risks;
  • Recognize the difference between known and unknown risks;
  • Plan for risk management;
  • Develop a risk register and risk response plan;
  • Recognize the significance of assumptions;
  • Undertake qualitative and quantitative risk analysis;
  • Evaluate risk probability and impacts;
  • Develop an appropriate risk response; and
  • Undertake monitoring and controlling of risks.




Topics Covered
  • Introduction to applied risk management;
  • Overview of applied risk management processes;
  • Risk Planning;
  • Risk Identification;
  • Qualitative Risk Analysis;
  • Quantitative Risk Analysis;
  • Planning for Risk Response; and
  • Monitoring and Controlling Risk.


Proposed Overall Learning Framework

The 70:20:10 Model for Learning and Development has been found to be most effective within the training profession to describe the optimal sources of learning aimed at developing work based competencies. It holds that individuals obtain 70 percent of their knowledge from job-related experiences, 20 percent from interactions with others, and 10 percent from formal educational events.

Based on this model, we propose that the Risk Management program be structured along similar lines. It is proposed that it is undertaken in stages. These stages will include pre-workshop stage, workshop stage and post-workshop stage.

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