course | Project Risk, Uncertainty & Decision Analysis
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PMCM-317 | Project Risk, Uncertainty & Decision Analysis
Course Sector : Project & Contract Management
| Duration | Date from | Date to | Course Venue | Course fees | Book a course |
|---|---|---|---|---|---|
| 5 Days | 2025-05-05 | 2025-05-09 | kuala lumpur | $4,950 | Book now |
| 5 Days | 2025-08-04 | 2025-08-08 | Abu Dhabi | $4,250 | Book now |
| 5 Days | 2025-12-29 | 2026-01-02 | Dubai | $4,250 | Book now |
Course Introduction
Project management professionals face the challenge of navigating complex and dynamic environments, requiring them to anticipate and mitigate potential risks. This training program delves into advanced Project Management and Risk Management concepts, equipping participants with the skills to effectively manage projects in such environments. Through a systematic approach, participants will learn to define project requirements, develop comprehensive project plans, formulate risk management strategies, and engage with project stakeholders.
Designed in alignment with the Project Management Institute's (PMI®) Project Management Body of Knowledge (PMBOK® Guide), this course offers valuable insights, techniques, and strategies to enhance project delivery and address common challenges encountered in the field of project management.
Course objective
- Gain a foundational comprehension of project management principles.
- Develop and implement a proficient project plan.
- Recognize and assess potential project risks.
- Establish a project monitoring system and oversee advancement.
- Utilize efficient approaches to manage common project challenges.
Course Outline | Day 01
Introduction to Project Management and Risk Management
- The nature of projects and project management
- Project/program and portfolio management
- Project organization, project life cycle and Stage Gate approach
- Project Initiation
- Scope definition and Work Breakdown Structure (WBS)
Course Outline | Day 02
Project Schedule and Cost Management
- Defining and sequencing project activities
- Schedule Development
- Resource management
- Estimating costs and determining budgets
- The earned value management (EVM) concept
Course Outline | Day 03
Risk Identification and Planning
- Decisions under certainty, risk and uncertainty
- Risk management overview
- Contemporary concepts and standards in risk management
- Risk management planning process
- Risk identification and assessment
- Qualitative risk analysis
Course Outline | Day 04
Risk Response Strategies and Risk Control
- Schedule-Risk and Cost-Risk Analysis
- Risk Response Strategies
- Risk Response Implementation
- Risk monitoring and follow-up
- Risk Reporting
Course Outline | Day 05
Project Execution, Monitoring & Closure
- Managing stakeholder expectations
- Managing project communications
- Managing the project team
- Effective project closure
BOOST’s Professional Attendance Certificate “BPAC”
BPAC is always given to the delegates after completing the training course,and depends on their attendance of the program at a rate of no less than 80%,besides their active participation and engagement during the program sessions.
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