Risk Management for Major Projects

Major projects over $1 billion have an average cost overrun of 62% and schedule overrun of 39% (Oxford Said Business School). Effective risk management is the single most important factor in preventing these overruns. This programme teaches professionals how to implement systematic risk management in major projects. Covering risk management frameworks (ISO 31000, PMI Risk Management), risk identification techniques (brainstorming, Delphi, checklists, SWOT), qualitative and quantitative risk analysis (probability-impact matrix, Monte Carlo simulation), risk response strategies (avoid, mitigate, transfer, accept), risk monitoring and control, risk register development, and risk culture. Participants build a comprehensive risk register and response plan for a major project.

Major projects average 62% cost overruns and 39% schedule overruns. Risk management is the #1 factor in preventing them. This programme gives you systematic frameworks and tools to identify, analyse, and manage risks before they derail your project.