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Core Essential Project Management

Risk Management


: I thoroughly enjoyed the Risk Management course and as with all the ESI courses I have attended, I thought the course was well organised and delivered by a very experienced and knowledgeable trainer.

Project Manager, Marathon Oil


Structured and good tools for practice.

Research & Development, Sandvik


I had very good knowledge and it helped me in understanding of the Risk Management in order to implemented at work.


The course was very useful with lots of real examples team experence were very good teamwork is excellent

Project manager, SAI Oman


As the first course I took with ESI, The content of the Risk Management training, its case studies, and practical theories were relevant to my current experience and future needs as a project manager.

Project manager, HP


The lecturer was brilliant. I appreciated very much that he also had REAL industrial experience working as a consultant on risk management (not just a lecturer based on theory)

Market Intelligence Manager, Motorola


Strongly recommend, all important risk management aspects explained and detailed so they can be easily applied in real projects!

Project Manager, Global Blue S.A.


I had a web training because it is cheaper than attending the training in the class (fee + travelling costs) and it is more flexible. Honestly I’m not in favor of the online training but in this case I had to change my mind because ESI did a very good job. It is an interactive training, there is an instructor who will check the online exercises I have done. During the training there is interactions and exercises who help you to check if you understood each section of the course. Well done ESI! Recommended course.

Project Manager, Honeywell


I would happily give the Risk Management course a 5/5 rating, I have attended 3 of your courses now (2 web-based and 1 class-room based) and have been really happy with them all.

Project Manager, Cisco


The course gives you the confidence to effectively prepare for and manage any risk or opportunity that arises during the life of a project.

Project Manager, Crown Agent


The course is fully integrated with Bp Risk And Assurance Process and the project management practical and much the PMP Project Management Body Of Knowledge .

Project Manager, BP, Egypt

Start taking a proactive approach to risk and learn how to spot opportunity and threat.

Too often risk management is seen as reactive, but nothing could be further from the truth. In this Risk Management training course you will learn to work through a proactive approach to risk threat and opportunity. You will address how to identify, quantify, control and respond to risk management in the context of the project life-cycle. Learn qualitative and quantitative techniques and tools for assessing the impact of risk. Through interactive exercises and case studies, participants will be able to apply risk management theories, concepts and principles to real-world situations.

Is this course for me?

This course is suitable for all Project Managers, Program Managers and team members who need to develop their knowledge of how to identify, manage and plan for risks, positive and negative. This is a key course for those looking to become PMP certified.

What will I learn?

  • Use a practical, eight-step process to manage project risk
  • Identify threats and opportunities and weigh their relative value in your project
  • Control multiple risks using limited strategies
  • Overcome psychological barriers to risk in stakeholders and team members
  • Make risk and opportunity integral components of your next project plan

What is included in the price?

Pre-course assessment tools

All Digital Course Materials

Food and Refreshments

Post course reinforcement training

Online tools and templates

Career coach

Does this course help me towards certification/accreditation?

What topics will be covered in the course?

Click an individual topic title to expand/contract it or
Expand All Topics | Contract All Topics

  1. Introduction to Risk
    1. Definition and characteristics of "risk"
    2. Elements and factors of risk
      • Event (future occurrence)
      • Probability (uncertainty)
      • Impact (amount at stake)
    3. Types of risk
    4. Components of risk management
      • Identification
      • Quantification
      • Response development
      • Response control
  2. Risk Management Planning and Identifying Risks
    1. Risk management planning
    2. Risk identification
    3. Idea generation tools and techniques
  3. Analysis Fundamentals
    1. Probability and impact
    2. Presenting risk
      • Narrative
      • Qualitative
      • Quantitative
    3. Probability analysis
  4. Analysing and Prioritising Risk
    1. Determining risk tolerances
    2. Analysing risks
    3. Establishing and evaluating profitability
    4. Risk-based financial tools and techniques
    5. Expected-value analysis
    6. Decision trees
    7. Prioritising risks
  5. Risk Response Planning
    1. Risk response strategies for opportunities and threats
    2. Risk acceptance
    3. Risk avoidance
    4. Risk mitigation
      • Probability minimisation
      • Impact minimisation
      • Transference
    5. Establishing reserves
  6. Execution, Evaluation and Update
    1. Risk Response monitoring and control
    2. Execute risk strategies
    3. Contingency plans and work-arounds
    4. Risk evaluation
    5. Reassessing risk
    6. Risk documentation

Available as customised in-house training

Let us bring our classes to you! Our in-house training are ideal for groups of 10 or more people. We can provide Off-the-shelf training in the form of our classic courses, or we can provide bespoke training, tailored to your organisational goals and objectives. Find out more here.

Why choose us?

What sets us apart from many other training companies is that we guide you through your entire learning journey.  We work together with you to assess your skills gap, map out your individual learning path and offer you the resources to then help you reinforce and adopt new tools and techniques learnt from your training and apply them to your daily work. Find out more.

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