A PMI Certified Training Course
Construction Risk Management
Increasing the Likelihood of the Successful Delivery of your Projects
Why Choose Construction Risk Management Training Course?
Construction as capital investment venture is a risky business through its lifecycle from development and design to construction and operation. Proper risk management is one important way to minimize threats and increase opportunities and take appropriate and timely decisions under uncertainty.
Based on two international standards; the PMIs new Practice Standard for Risk Management, and the ISO31000 series for Risk Management, this Construction Risk Management training course will provide you with the process, tools and techniques for risk management planning, assessment, analysis, treatment, monitoring and controlling. In addition, this training course shall prepare you to take the PMI’s Risk Management Professional (PMI-RMP)® certification, an international recognition, which will help you to stand out of the crowd.
This Construction Risk Management training course will feature:
- The special features and project delivery approaches in construction business
- The construction industry and its spectrum of risk
- Planning and identification of risks
- Assessment and Analysis of risks
- Planning and implementing appropriate risks responses to threats and opportunities
- Tools and techniques to keep the project under track while responding to emergent risks
What are the Goals?
By the end of this training course, participants will be able to:
- Provide a structured methodology to plan for risk management including strategic risks
- Prepare to become a Certified Risk Management Professional (PMI-RMP)® certification exam
- Improve the risk threshold through proper identification of risk tolerance and risk attitude
- Apply qualitative and quantitative risk analysis techniques
- Adequately plan for risk responses and treat the risks accordingly
- Monitor and report the status of residual risks, secondary risks, and emergent risks
Who is this Training Course for?
This Construction Risk Management training course is suitable to a wide range of professionals involved in studying, designing, procurement, construction and operation of construction facilities, but will greatly benefit:
- Senior managers involved in the selection and strategic alignment of construction projects
- Professionals who are working as project managers or key project or program team members
- Professionals who have been directly involved in risk identification, analysis, and response on any kind of project
- Those who recognise project risk management as a core part of their professional experience and want to become certified Risk Management Professionals
How will this Training Course be Presented?
This Construction Risk Management training course will utilize a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. Case study exercises are used to facilitate practical application and reinforcement of theoretical concepts. Topic driven tutorial sessions are supported by risk simulations that allow delegates to explore their comprehension. Group discussions review the exam questions and quizzes and uncover the approach and prepare for the risk management certification.
The Course Content
- Course Opening and Pre-Course Assessment
- Phase by Phase Understanding of construction and development
- Project delivery methods and its relation to risk allocation
- Challenges and Issues in construction Execution and management (with case studies)
- Lean construction concepts and waste minimization in construction
- PMI’s risk management approach versus ISO 31000 for risk management
- Other international risk management frameworks and standards
- Assess project environment for threats and opportunities
- Confirm risk thresholds based on risk appetites
- Establish risk management strategy and the risk management plan
- Engage stakeholders in risk management activities
- Conduct risk identification exercises
- Develop risk register and risk report
- Exam Q and A review and Case Studies
- Perform qualitative analysis
- Perform quantitative analysis
- Identify threats and opportunities
- Schedule-Risk Analysis
- Cost-Risk Analysis
- Exam Q and A review and Case Studies
- Determine appropriate risk response strategy and response actions
- Assign roles and responsibilities for risk actions
- Execute the risk response plan(s) and the contingency plan(s)
- Encourage stakeholders to provide feedback on the risk response
- Evaluate and react to secondary and residual risks from the response implementation
- Exam Q and A review and Case Studies
- Gather and analyze performance data
- Monitor residual and secondary risks
- Risk auditing best practices
- Provide information required to update relevant project documents and plans
- Monitor project risk levels
- Exam Q and A review and Case Studies
- Exam Mock-up
Certificate and Accreditation
- AZTech Certificate of Completion for delegates who attend and complete the training course
- The applicable PMI Professional Development Units/Contact Hours will be reflected in the Certificate of Completion
In Partnership With
Accreditation
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Available Sessions
Frequently Asked Questions
Once your registration is successfully completed, you will receive a confirmation email within 24 hours. This email will contain your registration details, invoice, and the necessary joining instructions for the course.
Yes, we offer tailored corporate training solutions to meet your organization’s specific needs. Please contact us at info@aztechtraining.com or call +971 4 427 5400 for more information.
There are several convenient ways to register for our training programs:
- Online: Explore our training calendar, choose the course that suits your needs, and click the “Register Now” button on the course details page.
- Email: Share your details, including your name, organization, email address, and selected course, by sending an email to info@aztechtraining.com
- Phone: Reach out to us directly at +971 4 427 5400 or +971 4 427 5407, and our team will guide you through the registration process.
The training fees include full access to the training venue, along with comprehensive training materials to enhance your learning experience. Additionally, participants will be provided with writing supplies and stationery. To ensure comfort and convenience, the fee also covers lunch and refreshing coffee breaks throughout the duration of the course.
Our training programs are hosted at luxurious five-star hotels in prestigious destinations across the globe. Some of our popular locations include Dubai, London, Kuala Lumpur, Amsterdam, New York, Paris, Vienna, and many other iconic cities.
