Course Overview
1-Day Project Risk Management Workshop
This course gives project managers and team leads the hands-on skills to embed risk management into every stage of the project lifecycle. Using live demonstrations, case scenarios and ready-to-use templates, participants learn how to build a robust risk register, score and prioritize threats, plan responses, and track residual risk in both predictive and Agile environments.
Target Audience
Project / Program Managers, Project Co-ordinators & PMO Analysts
Scrum Masters & Product Owners seeking stronger risk control
Engineers, consultants, and team leads responsible for deliverables
Overview
Session 1 – Foundations of Project Risk
Risk vs. Issue vs. Assumption: definitions, lifecycle placement, and why the distinctions matter.
Linking risk appetite and tolerance to sponsor expectations and project objectives.
Overview of qualitative vs. quantitative assessment and when to use each approach.
Session 2 – Risk Identification & Categorisation
Structuredtechniques for discovery: brainstorming, checklists, SWOT, and PESTLE.
Crafting clear cause-event-impact statements and entering them in a risk register.
Case-study activity: identify and classify the top ten threats/opportunities for a sample infrastructure project.
Session 3 – Qualitative Assessment & Prioritisation
Building a Probability–Impact (P-I) matrix and establishing scoring criteria.
Heat-map visualisation: ranking and communicating risks to the steering committee.
Distinguishing risk magnitude from urgency and deciding when an item becomes an “issue.”
Session 4 – Response Planning & Controls
Choosing response strategies: Avoid, Mitigate, Transfer, Accept/Exploit.
Aligning preventive, detective, corrective, and directive controls with the 4T model.
Risks and Opportunities responses
Case-study exercise: create mitigation and contingency plans for the three highest-ranked risks.
Session 5 – Monitoring, Reporting & Lessons Learned
Tracking residual risk with burndown charts, RAID logs, and review cadence.
Designing concise risk dashboards for PMO and sponsor reporting.
Capturing lessons learned and updating the organisational risk library for continuous improvement.
Learning Outcomes
By the end of this course, participants will be able to:
Build a project-specific risk register with clear ownership and due dates.
Prioritise threats and opportunities using qualitative scoring.
Select and document appropriate response strategies (avoid, transfer, mitigate, accept/exploit).
Integrate risk actions into schedules, sprints, and status reports.
Communicate risk status to sponsors, PMOs, and teams using dashboards and heat maps.
PMI Professional Development Units (PDUs)
This course qualifies for 7 PDUs toward your PMI® certification or renewal requirements. PMI® Talent Triangle PDUs:
Ways of Working = 5
Power Skills = 1
Business Acumen = 1
Delivery Format
This course is offered in both Live Online and In-Person formats. You may choose to attend fully online via our instructor-led Virtual sessions, or join us In-Person (where available).
Included Materials
☑ Slide deck & step-by-step workbook (PDF)
☑ Project Risk Register & P-I Matrix templates (Excel)
☑ Risk and Opportunity Response Library & Action Tracker
☑ Sample RAID log & dashboard snapshots
☑ Certificate of Completion (7 PDUs)