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Managing Risks on Projects

ECSA Accredited Self Paced Course

Presented by Dave Fourie (Certified PMP)

Course Cost: ZAR 649
Available Anywhere, Anytime on any device

Lifetime access to course

On Completion of this live course professionals will receive a professional Certificate of completion, 2 ECSA CPD Points / 14 PMI PDUs - Professionals will receive lifetime access to this course as its finish at your own pace.

Available during loadshedding

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About This Course

Risk management is a crucial aspect of the construction industry as it can significantly impact the success or failure of a project. This course covers all aspects of risk management, including planning, risk identification, analysis, and response. It also emphasizes the importance of implementing and monitoring chosen risk responses throughout the project. In the construction industry, risks can take various forms, such as financial, technical, and legal issues. Proper risk management helps identify and mitigate these risks, leading to more successful and profitable projects. The future outlook for understanding risk management in the construction industry is positive, as there is a growing recognition of the importance of this skill. As the industry becomes more complex and competitive, the demand for professionals with advanced risk management skills is likely to increase.

This course is based on:

 

  • The PMBOK® Guide – 6th Edition (2017).

  • The PMBOK® Guide – 7th Edition (2021).

  • The Practice Standard for Risk Management – 2009 Edition.

  • The Standard for Risk Management in Portfolios, Programs, and Projects– 2019 Edition.

  • The Construction Extension to the PMBOK® Guide - 2016 Edition.

  • Navigating Complexity: A Practice Guide – 2014 Edition.

Accreditation for this course:

Discover the ultimate learning flexibility as you navigate this course at your own pace, fitting it around your schedule with ease. With lifetime access to materials, uninterrupted learning remains possible even during challenges like load shedding. Seamlessly accessible on both mobile and desktop devices, the course requires no downloads, ensuring straightforward and efficient engagement with the content.

Benefits Upon Completion: Upon successfully completing the course, participants will receive:

  • Certificate of Achievement: Recognizing the acquisition of valuable risk management skills.

  • CPD Recognition: Earn 2 Continuing Professional Development (CPD) points validated by the Engineering Council of South Africa (ECSA).

  • Enhanced PMP Credentials: PMP certificate holders can earn 14 Professional Development Units (PDUs) acknowledged by the Project Management Institute (PMI).

Obtain your certificate and differentiate yourself from others

Earning a certificate in risk management can enhance your portfolio and LinkedIn profile, demonstrate your knowledge and skills in this field, set you apart from other candidates, and potentially open up new job opportunities. It can also show that you are dedicated to staying up-to-date on industry best practices and have the necessary skills to succeed in a project management role. Many employers prioritize hiring candidates with advanced training and certifications, making a certificate in risk management a valuable investment in your career.

The learning objectives of this course are:

  • Understand Risk Management in Construction:

    • Gain insight into the significance of risk management within the construction domain

    • Recognize the pivotal role of risk management in project success

  • Establish Risk Management Framework:

    • Develop a structured framework for effective risk management

    • Establish a systematic process for identifying and addressing risks

  • Prioritize Risk Events:

    • Accurately identify potential risk events in construction projects

    • Effectively prioritize identified risks based on their potential impact

  • Utilize Risk Management Tools:

    • Employ established risk management tools and techniques

    • Apply these tools for thorough risk analysis, monitoring, and reporting

  • Craft Risk Response Strategies:

    • Formulate comprehensive strategies to manage identified risks

    • Develop proactive plans to mitigate and respond to potential risks

  • Implement Risk Management:

    • Apply the learned principles to real-world scenarios

    • Execute risk management processes in practical construction projects

  • Embrace Holistic Risk Management:

    • Understand the complete risk management cycle and its stages

    • Gain proficiency in overseeing the entire risk management process

What is covered in this course

This course outline comprehensively covers risk management topics within the realm of project management. Each section is meticulously designed to delve into different facets of risk management, providing participants with a holistic understanding:

Introduction to Risk Management in Projects:

  • Overview and course preview

  • Establishing the course context and purpose

Background to Risks: Importance and Fundamentals:

  • Setting the context for risk management's significance

  • Fundamentals of project risk management

  • Integrating risk management into project processes

  • Key terminology and definitions

  • Benefits and challenges of effective risk management

Planning for Risk Management on Projects:

  • Understanding influential factors on project risk

  • Identifying inputs essential for risk management planning

  • Selecting appropriate tools and techniques

  • Formulating a comprehensive risk management plan

Identifying Risks in Projects:

  • Sources of project risks

  • Employing inputs, tools, and techniques for risk identification

  • Crafting effective risk statements

  • Developing a comprehensive risk register

Analyzing Risks: Probability, Impact, and Beyond:

  • Analyzing the likelihood and consequences of identified risks

  • Qualitative and quantitative risk analysis methods

  • Exploring additional risk parameters

  • Enabling a comprehensive understanding of risk impact

Responding to Risks: Strategies and Implementation:

  • Crafting strategies for managing identified risks

  • Developing individual and overall risk response plans

  • Implementing and executing risk response strategies

  • Ensuring effective risk mitigation

Monitoring and Controlling Risks:

  • Ongoing risk monitoring and control processes

  • Trend analysis for tracking risk status

  • Utilizing appropriate inputs, tools, and techniques

  • Ensuring continuous risk management effectiveness

Each section of this course outlines a specific aspect of risk management, enabling participants to build a robust foundation and skill set in effectively managing risks within project environments.

Construction in Progress

What's included in this course

1

2 ECSA CPD Points

Upon successful completion of this course, professionals will be eligible to earn CPD points from the Engineering Council of South Africa (ECSA). These points are important for maintaining professional status and demonstrating a commitment to ongoing learning and development

2

Certificate of Completion

Upon successful completion of the self-paced course, you will earn a certificate that you can add to your portfolio and showcase to prospective companies looking to hire professionals. This certificate can demonstrate your skills and knowledge, and help you stand out in the job market.

3

Life time Access

 Professionals will have lifetime access to the course, allowing them to complete it at their own pace, anytime and anywhere. The course is available 24/7, providing flexibility and convenience for busy schedules

Your Instructor

Dave Fourie (Certified PMP)

Dave Fourie, a Certified PMP, has over 25 years of experience in project management as a consultant, including PMBOK, Method 123, and PRINCE2 in software development, service delivery, quality, and general management. He has provided training in project management, quality management, and business analysis since 1999 and has experience with various national and international training providers. Dave is certified in Project Management Professional (PMP), Portfolio, Programmed and Project Offices (P3O), Managing Successful Programs (MSP), PRINCE2, Professional Scrum Master (PSM1), IT Service Management (ITIL), Total Quality Management (TQM), NGstudy™ Certified Negotiation Associate (NGN-A), and Six Sigma Green Belt. He aims to provide a relaxed and enjoyable learning experience while sharing his passion for project management through practical examples and a touch of humor

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Get in Touch

South Africa Office:

Sturdee Suite 301 Avenue,
Rosebank,
Johannesburg,
South Africa 2176

United States Office:

H St NE
Washington, D.C.
20002, USA

Company Information

Tacit Skills is an registered CPD Accredited Training Provider
 

Company Registration Number:
CSD: 2022/568336/07

Contact Us

Call us:

+27 61 776 1995

Whatsapp us:

+27 61 776 1995

Email us: info@tacitskills.com

Or Chat to us Live

Mo - Fri (8am - 5pm)

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