course | Risk Management and Decision Making
Join the Risk Management... course taught in English
PMCM-3167 | Risk Management and Decision Making
Course Sector : Project & Contract Management
| Duration | Date from | Date to | Course Venue | Course fees | Book a course |
|---|---|---|---|---|---|
| 5 Days | 07/09/2026 | 11/09/2026 | Dubai | $4,250 | Book now |
| 5 Days | 04/10/2026 | 08/10/2026 | Online | $2,150 | Book now |
| 5 Days | 05/04/2027 | 09/04/2027 | Athens | $4,950 | Book now |
| 5 Days | 18/04/2027 | 22/04/2027 | Riyadh | $4,250 | Book now |
Course Introduction
Effective risk management and sound decision-making are essential for organizational success in an increasingly complex and uncertain environment. Leaders and professionals must be able to identify risks, evaluate potential impacts, and make informed decisions that balance opportunity and risk.
This course provides participants with structured approaches, tools, and frameworks to manage uncertainty and support strategic, operational, and tactical decision-making.Participants will explore practical risk management techniques combined with decision-making models used in real-world organizational contexts.
The program emphasizes analytical thinking, risk-based prioritization, and judgment under uncertainty, enabling participants to enhance decision quality while aligning outcomes with organizational objectives.
Course objective
• Identify and assess risks that impact organizational objectives.
• Apply structured risk management frameworks to decision-making.
• Analyze alternatives and evaluate trade-offs under uncertainty.
• Use qualitative and quantitative tools to support risk-based decisions.
• Improve decision outcomes through monitoring, review, and learning.
Course audience
- Risk Management Professionals
- Senior Executives & Department Heads
- Business Managers & Team Leaders
Course Outline | DAY 01
Foundations of Risk Management and Decision Making
- Concepts and types of risk (strategic, operational, financial, compliance)
- Risk management frameworks and standards
- Relationship between risk, uncertainty, and decision-making
- Risk appetite, tolerance, and governance
- Common decision-making biases and errors
Course Outline | Day 02
Risk Identification and Assessment
• Risk identification techniques and tools
• Risk analysis and evaluation methods
• Qualitative and quantitative risk assessment
• Risk prioritization and heat maps
• Documentation and risk registers
Course Outline | Day 03
Decision-Making Models and Techniques
- Rational and evidence-based decision-making models
- Cost-benefit and impact analysis
- Scenario analysis and sensitivity testing
- Group decision-making and stakeholder input
- Managing complexity and uncertainty in decisions
Course Outline | Day 04
Risk Treatment and Decision Implementation
- Risk response strategies (avoid, mitigate, transfer, accept)
- Selecting and designing risk controls
- Decision implementation planning and execution
- Monitoring risks and decision outcomes
- Managing change and resistance
Course Outline | Day 05
Monitoring, Review, and Continuous Improvement
- Performance measurement and risk indicators
- Reviewing decisions and lessons learned
- Continuous risk monitoring and reporting
- Improving decision quality over time
- Embedding a risk-aware decision-making culture
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.
Since 2001, we’ve been at the forefront of professional training in the Middle East — shaping the future of learning and development one success story at a time. With a vision rooted in innovation and excellence, we help individuals, teams, and organizations reach their highest potential through integrated, future-ready training solutions. Our comprehensive programs combine global best practices with local insights, empowering people to grow, lead, and make a lasting impact in their industries.
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