Manage your project risks!

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Plan to manage your own project risks during the workshop

Systematic risk management supports project delivery to meet the milestones, while reducing costs and increasing profits, especially in expensive areas such as manufacturing, regulation, construction, engineering etc.

During the workshop, you identify the so called “risk responses” to be applied to your own project, by applying the widely used methods of systematic risk management. This includes a segmentation according to risk category, such as technical, commercial, regulation, legal, reputation, cost, personal etc.

This workshop is designed for project managers and team members who want to gain efficiency by investing a modest amount of time, particularly for organisations seeking or maintaining ISO 9001:2015 certification, which requires systematic Process Management.

Case Example: Avoidance of a year’s effort

A workshop participant was responsible for transferring a manufacturing database of several hundred thousand items to a new system, as well as performing a data integrity check.

On analysing the risks in a workshop, it was realised that the inherent project risks would be greatly reduced, by performing the integrity check before porting the data.  This insight resulted in approximately a person-year effort reduction compared with the original plan, using a reversed implementation sequence. This acceleration also reduced the business risks of an extended period with potentially duplicate data.

Contents

  1. What is a risk?
  2. How to identify risks
  3. Sorting and prioritising risks
  4. How to get buy-in for your risk analysis
  5. Identification of Risk Responses
  6. Planning and implementation of Risk Monitoring.

Workshop Format Options

Location

  • On-line or on-site

Duration

  • Typically 1 day, depending on local requirements

Language

  • Moderation in English, French or German.

Course Leader

Dr Deasún Ó Conchúir, CEng FIEI FIET of Scatterwork GmbH, is an experienced project manager and chartered engineer. He has consulted with dozens of companies in over thirty countries globally during four decades. He has also established a number of research and educational institutions and is currently a volunteer member of a global committee (BVAC) of the PMI (Project Management Institute).

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