About this Training
The course will focus on examining and applying qualitative and quantitative risk analysis techniques used in the Best Practice Assessment of uncertainties in a project-based enterprise. 

Uncertainty is inherent in all projects and particularly in the aspects of technical, financial, schedule, legal, and quality performance.  Project Risk Analysis is a body of expertise focused on the systematic and comprehensive analysis of the uncertainty in projects and project based operations.

Because of increased pressure to deliver projects on time, within budget and with the agreed components, the need to identify, manage and control the project-based risks becomes central to success. Project Managers need to use tried and accepted techniques for managing identified risks and have access to practical strategies for dealing with issues as they emerge.

Using a mixture of presentations, discussions and practical exercises related to the multiverse of applicable industry, this course addresses these issues in a concise and pragmatic manner.

This training will include:

  • Project management and risk assessment in oil and gas industry
  • Setting criticality analysis and priorities for different assets
  • Performance of root cause analysis
  • Managing performance of assets
  • Learning from major failures in different industries

Impact to you and your Organization:

  • Use practical steps and processes to manage project risk
  • Identify threats & opportunities & weigh their relative value in a project
  • Control multiple risks using limited strategies
  • Overcome psychological barriers to risk in stakeholders & team members
  • Evaluate risk assessment & risk management during the project closure phase of the project

Who should Attend

  • Project Management Team members
  • Operations Managers
  • Project Managers
  • Enterprise Architects
  • Asset Managers
  • Maintenance Managers
  • Maintenance & Reliability Engineers
  • Technical managers & supervisors
  • Board level executives and non-executives
  • Consultants in Project, Asset, Maintenance and Risk Management
  • Any project personnel who require an understanding of how to effectively manage risks on projects


Compressed  Key Topics (Please contact us for a full Program Outline)

Introduction to Organisational Risk

Introduction and Processes

Quantitative Analysis

Quantitative Schedule Analysis
The Risk Management Process Wheel & Identifying risk
Risk Analysis

​Project Strategy

​Risk Responses & Managing Risks

Reporting Risk Management Outcome

Also available for 2 to 3 day durations as well as 10 to 30-day training durations In-House and Live online

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Project Risk Analysis and Management ​

Analysis and management of the risks associated Projects