Course Overview Risk management is a critical aspect of the construction industry, significantly influencing project success or failure. This course provides comprehensive coverage of risk management principles, including planning, identification, analysis, response strategies, and monitoring techniques. Participants will gain a deep understanding of financial, technical, and legal risks in construction projects and learn how to mitigate them effectively. With the industry's increasing complexity and competitiveness, professionals with advanced risk management skills are in high demand.

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Course Content Based on industry-leading standards:

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• PMBOK® Guide – 6th Edition (2017)

• 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

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This self-paced course provides a structured approach to risk management, helping professionals develop key competencies to proactively identify, analyze, and manage risks in construction projects.

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What You Will Learn:

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✔ Understanding Risk Management
Recognize its significance and impact on project success.

✔ Establishing a Risk Framework
Develop a structured approach and systematic risk identification.

✔ Prioritizing Risks
Assess and rank risks based on impact and likelihood.

✔ Utilizing Risk Management Tools
Apply industry-standard tools for analysis, monitoring, and reporting.

✔ Crafting Risk Response Strategies
Develop proactive mitigation and contingency plans.

✔ Implementing Risk Management
Execute risk processes in real-world projects following best practices.

✔ Holistic Risk Management
Manage risks throughout the entire project lifecycle.

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Course Modules

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✔ Introduction to Risk Management – Overview, objectives, and industry relevance.

✔ Risk Fundamentals – Key concepts, integration into project processes, and terminology.

✔ Risk Planning – Identifying key risks, selecting tools, and creating a management plan.

✔ Risk Identification – Recognizing risk sources and maintaining a risk register.

✔ Risk Analysis – Assessing risks through qualitative and quantitative methods.

✔ Risk Response – Developing and implementing mitigation strategies.

✔ Monitoring & Control – Tracking risks, trend analysis, and long-term risk management.

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Key Benefits

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✔ Flexible Self-Paced Learning – Access materials anytime on any device, even during power outages.

✔ Industry-Recognized Credentials

• Certificate of Achievement

• 2 CPD Points (ECSA Accredited)

• 14 PDUs for PMP Certification

✔ Career Advancement – Boost your resume and LinkedIn profile, stand out in job applications