Short Summary*

True risk management approach needs to challenge the base plan and treat it as a starting point. The project participants need to radically challenge the project business case, project assumptions, its implementation strategy and other key components. They need to come up with solutions that can enhance the project value and reduce its exposure to risks. This is a creative process; it requires setting stretched targets for the project and then deriving breakthrough solutions.

This intensive workshop has been designed to teach the above approach to the participants in a pragmatic manner and prompt them to learn the following:

Typical classes of risks and uncertainties on projects and business ventures
Quantitative risk and scenario analysis at the time of conceptualisation to establish the viability and develop sound strategies to conceptual development and implementation plans
Analysis of market risks through cost competitiveness concepts
Implementation risks, comprising project completion (schedule) and cost estimate risks
Holistic project risk management employing integrated teams

Notes:
*Intensive lecture sessions in each unit are followed by tutorial and case studies or project work sessions for deep learning outcomes. A knowledge assessment will be conducted for those participants wishing to obtain a Certificate of Completion of a given unit of study.