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Course Code: PMCM 1033
43 Course Visits
Project Risk, Uncertainty & Decision Analysis
Course Sector:
Project & Contract Management
Course Dates and Locations
Choose a date and location to book your seat
No.
Date
Days
Location
Fees
Enrollment
01
5 Days
Abu Dhabi, UAE $4,250
02
5 Days
Dubai, UAE $4,250
Introduction
Training course introducion / brief
Project management professionals face the challenge of navigating complex and dynamic environments, requiring them to anticipate and mitigate potential risks. This training program delves into advanced Project Management and Risk Management concepts, equipping participants with the skills to effectively manage projects in such environments. Through a systematic approach, participants will learn to define project requirements, develop comprehensive project plans, formulate risk management strategies, and engage with project stakeholders.
Designed in alignment with the Project Management Institute's (PMI®) Project Management Body of Knowledge (PMBOK® Guide), this course offers valuable insights, techniques, and strategies to enhance project delivery and address common challenges encountered in the field of project management.
Course Objectives
At the end of the training course, participants will be able to
- Gain a foundational comprehension of project management principles.
- Develop and implement a proficient project plan.
- Recognize and assess potential project risks.
- Establish a project monitoring system and oversee advancement.
- Utilize efficient approaches to manage common project challenges.
Course Audience
Who is this course for, and can benefit the most
This training program is tailored for project management professionals seeking to enhance their skills in navigating complex and dynamic project environments through advanced project management and risk management concepts.
Course Outline
The course aims and learning outcomes
Introduction to Project Management and Risk Management
- The nature of projects and project management
- Project/program and portfolio management
- Project organization, project life cycle and Stage Gate approach
- Project Initiation
- Scope definition and Work Breakdown Structure (WBS)
Project Schedule and Cost Management
- Defining and sequencing project activities
- Schedule Development
- Resource management
- Estimating costs and determining budgets
- The earned value management (EVM) concept
Risk Identification and Planning
- Decisions under certainty, risk and uncertainty
- Risk management overview
- Contemporary concepts and standards in risk management
- Risk management planning process
- Risk identification and assessment
- Qualitative risk analysis
Risk Response Strategies and Risk Control
- Schedule-Risk and Cost-Risk Analysis
- Risk Response Strategies
- Risk Response Implementation
- Risk monitoring and follow-up
- Risk Reporting
Project Execution, Monitoring & Closure
- Managing stakeholder expectations
- Managing project communications
- Managing the project team
- Effective project closure
Providers and Associations
Providing the best training services and benefits to our valued clients
Boost certificate of completion
BOOST's Professional Attendance Certificate “BPAC” is always given to the delegates after completing the training course, and depends on their attendance of the program at a rate of no less than 80%, besides their active participation and engagement during the program sessions.
ENDORSED EDUCATION PROVIDER
Flexible deadlines
Customized dates accordance to your schedule
Shareable Certificate
Earn certificate upon completion
COURSE METHODOLOGY
Our Training programs are implemented by combining the participants' academic knowledge and practical practice (30% theoretical / 70% practical activities).
At The end of the training program, Participants are involved in practical workshop to show their skills in applying what they were trained for. A detailed report is submitted to each participant and the training department in the organization on the results of the participant's performance and the return on training. Our programs focus on exercises, case studies, and individual and group presentations.
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