Global Learning for Operational Leaders
Classroom
15 sessions
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Online / Live
15 sessions
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Introduction
Course overview
Course Introduction
Construction, as a capital investment venture, involves significant risk throughout its lifecycle—from development and design to construction and operation. Effective risk management is crucial for minimizing threats, seizing opportunities, and making informed decisions amidst uncertainty.
This Construction Risk Management training course, based on the latest PMIs Practice Standard for Risk Management and the ISO31000 series for Risk Management, will equip you with the essential processes, tools, and techniques for comprehensive risk management. You'll learn how to plan, assess, analyze, treat, monitor, and control risks. Additionally, the course prepares you for the PMI Risk Management Professional (PMI-RMP)® certification, providing you with internationally recognized credentials to distinguish yourself in the field.
This 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
Training Objectives
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
Training Methodology
This 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.
Who should Attend?
This 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
Complete course outline
Five focused days of learning and application
The timings provided are estimates and may vary depending on the number of participants and the discussions taking place during the sessions. They are indicative only and do not constitute a binding commitment.
Day 1
The Construction Industry and Its Risk Spectrum
- 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)
- Coffee break
- Challenges and Issues in construction Execution and management (with case studies) (continued)
- 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
Day 2
Risk Strategy, Planning and Identification
- 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
- Coffee break
- Conduct risk identification exercises
- Develop risk register and risk report
- Exam Q and A review and Case Studies
Day 3
Risk Assessment and Analysis
- Perform qualitative analysis
- Perform quantitative analysis
- Identify threats and opportunities
- Schedule-Risk Analysis
- Coffee break
- Schedule-Risk Analysis (continued)
- Cost-Risk Analysis
- Exam Q and A review and Case Studies
Day 4
Risk Response Planning and Implementation
- 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
- Coffee break
- Encourage stakeholders to provide feedback on the risk response (continued)
- Evaluate and react to secondary and residual risks from the response implementation
- Exam Q and A review and Case Studies
Day 5
Monitor and Close Risks
- Gather and analyze performance data
- Monitor residual and secondary risks
- Risk auditing best practices
- Provide information required to update relevant project documents and plans
- Coffee break
- Provide information required to update relevant project documents and plans (continued)
- Monitor project risk levels
- Exam Q and A review and Case Studies
- Exam Mock-up
FAQ
Frequently asked questions
What does Construction Risk Management cover?
This course covers Construction Management through a structured five-day outline focused on practical application, discussion, and implementation planning.
When is the next available session?
The next scheduled session starts on 5 - 9 October 2026. See the course schedules section for the available dates and delivery formats.
Who should attend this course?
This programme is designed for professionals responsible for strategy, operations, transformation, or delivery leadership.
Is bilingual course delivery available?
Yes. All course materials and presentations are provided in English, while bilingual explanation and discussion support may be available depending on the selected location and trainer availability. For example, when attending a course in Istanbul, you may request a Turkish-speaking trainer to explain the English course content in Turkish. Arabic explanation support may also be requested at this location. Other languages are available in selected cities. You can choose your preferred language support as an optional preference during registration.
How can I register for a session?
Use any Register button next to the available course dates to open the participant registration page and submit your booking request for the selected session.
Is this course available online as well as classroom-based?
Check the course schedules section for currently published classroom and Online / Live sessions.
Where are classroom sessions delivered?
Current classroom venues include Munich, Barcelona, Paris, Rome, Kuala lumpur, London.
How long is the training programme?
The programme runs for five days, with up to five training hours per day, from 9:00 AM to 2:00 PM. Each programme includes a total of 25 training hours.
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