Project risk management is the process that project managers use to manage potential risks that may affect a project in any way, both positively and negatively. The goal is to minimize the impact of these risks. Unlike a regular problem that may arise, risks are incidents that may occur suddenly, sometimes entirely unexpected. Project managers do not always know which risks the project is exposed to, when they occur, and why. Due to this high degree of uncertainty, project risk management requires a serious and in-depth approach. 

Understanding risk management in project management is a key skill required of all project managers. In this project risk management training course, you will learn how to identify, measure and analyse risks in projects of all sizes and scopes, and how to ensure the success of your projects from beginning to the end by quantifying and creating a project risk management plan.

The aim of this Project Risk Management & Compliance training course is to enable the delegates to plan, manage, and control project risks. It is an introduction to project risk management that enables a team to identify, classify and manage risk systematically for the duration of a project, taking full account of corporate aims in order to control the probability and mitigate the impact of an adverse risk event.