Project Risk Management: Key Concepts For Everyone

Learn a practical, simplified, clear and easy to follow project risk management process

Why Is This Course?

Projects deliver change and business value. Projects are risky undertakings and hence the requirement for project risk management. This course presents the basic or key concepts of project risk management that are frequently overlooked, thereby providing a strong foundation for aspiring practitioners of this field. The course includes a real life case study to illustrate the key learning points. This course emphasises enhancing project risk culture to optimize change and business value.

This course is endorsed by the Australian Institute of Project Management (AIPM).

Main Benefits.

1) A simplified, clear and easy to follow project risk management process
2) A comparative analysis of leading project risk management standards
3) A real life case study illustrating the process and key learning points throughout a project’s life cycle

About This Course

This practical training can be completed in 2 or 3 days or 12 to 18 hours. The course material is organised in section and there is a ‘Test Yourself Assessment’ at the end of each section. A Certificate of Completion is awarded upon successful completion of these assessments.

At the end of this training you will learn:

1) how project management practitioners at work can position and structure their project risk management practice,

2) how to create a shared understanding of project risk management with a common risk language,

3) an appreciation of the value added by project risk management processes to your project,

4) how to create a project risk zone of attention (ZOA),

5) how and when to use qualitative and quantitative project risk management

6) project risk reporting that is accurate, comprehensive, clear and useful and

7) an appreciation of the importance of project risk management processes through a real life case study.

Project risk culture refers to the shared insights, norms, knowledge and understanding of managing uncertainty in projects. Projects deliver change and business value. Projects are risky endeavors. Our adage is enhancing project risk culture to optimize change and business value. This practical training event is delivered through a downloadable training manual. You do the training and the assessments at your own pace. Online support can be provided where required.

This training manual, includes a case study to illustrate the methodology, and can be completed in one day. The case study further illustrates the usefulness and application of the methodology, and demonstrates the capabilities of this methodology to gauge risks on a project portfolio basis. Best practices on validating, and reporting, project risk aggregation findings are also provided

Who is this course for

This training is intended for project management practitioners, including but not limited to project managers, project engineers, contracts managers, project control managers, project cost estimators, project planners, project cost controllers, risk managers, quantity surveyors, and procurement managers. The course is equally ideal for those who require an understanding of project risk management practices on their projects.

Your Instructor

Psygon Services
Psygon Services

Founded in 2015, Psygon Services boasts of products and services that bring value adding skills to our clients. Our products have been tested and implemented with positive results in leading global organisations. Our suite of products includes Project Risk Management: Key Concepts for Everyone, Project Risk Aggregation, Facilitating Project Risk Workshops That Get Results, Project Risk Management Templates and Project Risk Culture Assessments. Our products and services are primarily delivered via online platforms.

Psygon Services staff members enjoy many years of industry experience in project management, operations and strategic management in leading global corporations in mining and metals, oil and gas, chemicals, water, management consulting and education and training sectors. Quite naturally, this vast experience is an asset to our clients.

Course Curriculum

  Project Risk Management: Key Concepts For Everyone
Available in days
days after you enroll

What Others Are Saying

You have left the people to think and apply the fundamental principles. And I hope they will all do. We will welcome you any time you are available to come and join us and to share your wisdom and your experience. Thank you.

- AACE India

This is one of the most valuable training on Project Risk Management. Persons of any level in Project Management should absolutely take on this training. With simple and relatable illustrations, it is clear that the trainers are proficient.


Frequently Asked Questions

When does the course start and finish?
The course starts now and never ends! It is a completely self-paced online course - you decide when you start and when you finish.
How long do I have access to the course?
How does lifetime access sound? After enrolling, you have unlimited access to this course for as long as you like - across any and all devices you own.
What if I am unhappy with the course?
We would never want you to be unhappy! If you are unsatisfied with your purchase, contact us in the first 30 days and we will give you a full refund.
Do I get a certificate?
Upon successful completion of all quizzes and exercises you will get a Certificate of Completion from Global Risk Academy.

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