What separates a project that survives a crisis from one that collapses under it is rarely luck — it is whether the risk was spotted before it happened. Across the life of any project, internal and external threats surface constantly, and the project's ability to continue depends on identifying those risks early, analysing them, and having a response ready before they hit.

Arab British Fellowship Training Academy built this course to give participants the practical skills to identify project risks and the mechanisms to deal with them, using real cases from major companies and the latest software and methods used in project risk management today.

Who Should Attend

• Risk specialists and risk officers working on project teams.
• Project managers, planners, and supervisors.
• Executive managers responsible for a company's risk management function.

What Participants Will Be Able to Do Afterwards

• Explain what risk management means and why it matters to project success, and classify the different types of risk a project can face.
• Walk through the detailed steps of managing project risk, from identification to control.
• Run quantitative and qualitative risk analysis and interpret the results.
• Monitor risk on an active project and apply the latest software and techniques used to control it, supported by applied case models.

Module 1: Understanding Risk in Your Project

• The concept of risk and of risk management, and why it matters to project success.
• Internal versus external risk, and the different types a project can face.
• Objectives and mechanisms for identifying risk early, and how to prioritise it once found.

Module 2: Quantitative and Qualitative Risk Analysis

• The concept, strengths, and weaknesses of quantitative risk analysis, with practical applications.
• The concept, strengths, and weaknesses of qualitative risk analysis, with practical applications.

Module 3: Responding to and Managing Risk

• The skills and profile needed by staff responsible for managing risk.
• Managing risks with a negative impact versus those with a positive one.
• Building a risk response strategy, alternative strategies, and maintaining the risk register.

Module 4: Evaluating the Response and Using Modern Tools

• Mechanisms for evaluating how well a risk response worked, and analysing the results.
• Software and modern technology used in project risk management today.