Risks rarely announce themselves in advance. They show up suddenly, pull a project off its planned course, and if nobody saw them coming, they can undo months of careful planning in a matter of days. That unpredictability is exactly why risk cannot be left to instinct, it needs a structured way of thinking.

Arab British Fellowship Training Academy offers this course on managing risk inside project environments, covering how to identify where risk comes from, measure and assess it, and build a strategy to transfer, reduce, or absorb it before it turns into a real setback.

Who Should Attend:

• Project managers who are new to the profession.
• Staff working in risk management functions.
• Project owners managing their own ventures.

By the End of This Course, Participants Will Be Able To:

• Identify the sources of risk in a project and how each one can affect it.
• Build and use models that reveal a project's risk exposure.
• Analyse likely future risks based on current data.
• Rank risks by priority so the most urgent ones get attention first.

Module 1: Understanding Project Risk

• The concept of project risk and its sources.
• How risk analysis fits into project planning.

Module 2: Rules and Standards for Managing Risk

• Laws, principles and standards used in risk management.
• Building a risk management implementation strategy and plan.

Module 3: Assessing and Prioritising Risk

• Methods used to assess risk and rank it by priority.
• The link between risk and an organization's policies and procedures.
• Reasons for assessing risk and when to take precautions.

Module 4: Responding to Risk in Practice

• Precautions to take to avoid or reduce risk.
• Methods for certifying risk assessments and the precautions taken.
• Handling risks linked to corruption, and fieldwork in risk assessment.