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Project Management

Project Risk, Uncertainty & Decision Analysis

Project managers are the most creative professionals in the world; we have to anticipate and…

Code BII-PRJ035 5-Day Almaty, Istanbul, London, Online Online + Classroom
Overview

Course Description

Project managers are the most creative professionals in the world; we have to anticipate and address potential issues before they arise. In today's fast-paced and uncertain business environment, project management professionals are increasingly called upon to make critical decisions under pressure.

This training course delves into advanced concepts in Project Management and Risk Management, equipping participants with the skills needed to navigate complex, dynamic situations. You will learn proven strategies and systematic approaches to manage projects effectively and achieve business objectives. Choose this course if you are looking for valuable tips, techniques, and methods to enhance your project management skills and succeed in a challenging business landscape.

This training course will feature:

Understanding of requirements and project definition

Preparation of a project plan

Development of a risk management strategy

Understanding of project stakeholders

Applying effective strategies to deliver the project and address typical project issues

This training course is aligned with the Project Management Institute’s (PMI®) Project Management Body of Knowledge ( PMBOK® Guide ) and promotes the use of language and terminology that project managers speak all over the world.

Objectives

What you will achieve

By the end of this training course, participants will be able to:

  • Demonstrate a fundamental understanding of project management concepts
  • Prepare and execute an effective project plan
  • Identify and analyse project risk
  • Establish a project control system and monitor progress
  • Apply effective strategies to address typical project issues
Training methodology

How the course is delivered

This training course will utilize a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. Project management knowledge, skills, tools and techniques are taught through case studies, experiential exercises and practical examples that can be used immediately to improve your project results.

Who should attend

Designed for

The training course is tailored for all personnel who are exposed to, involved in, or responsible for manging projects considering risk management requirements. It is also most beneficial for senior managers having new or running initiatives for implementing company strategies.

This training course is suitable to a wide range of professionals but will greatly benefit:

  • Professionals who make or support project decisions and would like to be able to develop and justify effective solutions
  • Project management professionals and supporting personnel
  • Internal auditors and management accountants
Course outline

Daily programme

DAY 01Introduction 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)
DAY 02Project Schedule and Cost Management
  • Defining and sequencing project activities
  • Schedule Development
  • Resource management
  • Estimating costs and determining budgets
  • The earned value management (EVM) concept
DAY 03Risk 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
DAY 04Risk Response Strategies and Risk Control
  • Schedule-Risk and Cost-Risk Analysis
  • Risk Response Strategies
  • Risk Response Implementation
  • Risk monitoring and follow-up
  • Risk Reporting
DAY 05Project Execution, Monitoring & Closure
  • Managing stakeholder expectations
  • Managing project communications
  • Managing the project team
  • Effective project closure
  • Lesson learned
  • Post-project evaluation and Benefit Realisation
Certificate

Certification & accreditation

BII Certificate of Completion

BII Certificate of Completion Upon successful completion, participants receive a BII Development Institute Certificate of Completion with a unique reference code that is independently verifiable. Our certificates are recognised internationally and reflect successful completion of your chosen programme.

Schedule

Upcoming sessions

DatesVenueFormatFee
25 - 29 Jan 2027 Almaty Classroom US$ 4950 Register
12 - 16 Apr 2027 Online Online US$ 4950 Register
17 - 21 May 2027 London Classroom US$ 4950 Register
22 - 26 Nov 2027 Istanbul Classroom US$ 4950 Register
Enrolment

Register, request in-house, or download the agenda

Choose an action and share your details — our team responds within one business day with dates, fees and the full programme.

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