Managing Risk

About the ECITB Managing Risk as Part of a Project Team course

Delegates are introduced to risk terminology, the risk management process, associated human factors and develop their understanding of the tools and techniques commonly used in good practice by participating in a series of group exercises, based around an interesting engineering construction scenario.

The Workshop has been produced in response to industry identifying a requirement for specialised short training courses targeting specific functions within the project lifecycle. Of these, risk management was identified as the subject area with the highest priority. The content has been developed by subject specialists from a specification created by a representative industry working group.

Who is this course for?

This course is designed for any of those working in any of the project support roles or have a role in project teams or contact with project teams who would like to know more about the technical processes, tools and techniques used to manage risk in projects.

Managing risk is a project-critical part of project management. It can often be business-critical as well. Ensuring the project team members are able to effectively contribute to Risk management within your organisation can save time, quality and money and can be the difference between a successful project and a failed project.

What are the benefits?

On completion of the course learners will be confident in the risk management process(including human factors), and able to use all the tools, techniques and terminology which is associated with the topic and apply it to their projects in a real world environment.

Risk plays a large part in any project, the identification of risks, the differentiation between a risk and an issue, the management of risk, the learning from risk and the confidence of Sponsors or Managers that risk is being managed well can hugely influence the success of a project.

Risk management is not all about the elimination of risk, rather the management of them. Good risk management communication provides upwards assurance from project team to project manager to Sponsor and on through Programme and Portfolio Director to the Board of Management.

This shows that good risk managers can positively affect strategic and business planning; resource planning; continuous improvement; reassuring stakeholders and more.