Project Risk Analysis & Management

An Interactive 5 - Day Training Course

Project Risk Analysis & Management

Understanding the Key Drivers towards Proactive Behaviours

Classroom Dates
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17 - 21 Jun 2024
Dubai
$5,950
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16 - 20 Sep 2024
London
$5,950
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21 - 25 Oct 2024
New York
$6,950
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16 - 20 Dec 2024
Vienna
$5,950
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07 - 11 Apr 2025
Dubai
$5,950
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Online Dates
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17 - 21 Jun 2024
Online
$3,950
Register
Register
16 - 20 Sep 2024
Online
$3,950
Register

Sound investment decision–making in the public and private sectors is key to ensuring the sustainable health & growth of the economy. In this Project Risk Analysis & Management training course, you will acquire knowledge & tools to conduct financial and economic project appraisal.

If an important capital project does not achieve the financial and economic goals of the promoter organisation, it can result in financial losses, waste of resources and impacts across wider reputational spheres. The goal of this training course is to avoid such situations by giving participants the tools and techniques of modern economic and financial project appraisal.

This training course will highlight:

  • The importance of careful risk assessment in the project planning and appraisal phase
  • Modern concepts of risk assessment
  • The advantages, disadvantages and practical applications of various risk management tools
  • The increasingly important role of Public-Private Partnership (PPP) as a risk controlling solution for delivering successful projects

This interactive and practical Project Risk Analysis & Management training course will provide an insight into how procurement organisations can meet the challenge to pick and deliver the best projects against a context of limited resources.

It will take you through the key stages of project risk assessment, and provide guidance on risk management tools to improve project outcomes.

This training course will focus on the principal risk factors and other key issues that need to be considered in managing the planning of major, long-term, high-value projects. 

This Project Risk Analysis & Management training course will conclude with an in-depth review of the most widely used mechanism for major projects, the Public-Private Partnership (PPP) contract; identifying, assessing and allocating the principal issues in adopting a PPP model.

By the end of this training course, participants will be able to:

  • Prepare a risk identification process within a project appraisal
  • Identify key risk categories
  • Appreciate the suitability of differing risk management solutions
  • Recognise the benefits of the PPP project model

This Project Risk Analysis & Management training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. The daily workshops will be highly interactive and participative. This will involve regular discussions on key concept in project appraisal and risk management, the uses and limitations of various techniques, and how best to identify, evaluate, select and structure these high value undertakings.

Application of sound project risk assessment and management techniques will enable the organisation to forecast potential future conditions that might create strategic opportunities or jeopardise project success, thereby not only maximizing the organisation's return on capital invested in projects, but also improving its reputation for delivering positive outcomes.

By the end of this training course, your contribution to your organisation will have been significantly enhanced. You will be able to:

  • Understand how to identify project risk and uncertainty
  • Apply tools and techniques that address risk analysis / assessment
  • Develop robust structures to allocate, mitigate or otherwise manager project risks
  • Maximise the prospects of successful supplier tendering and project delivery
  • Understand the core elements of public-private partnership contracting models and their use in managing project risks

This Project Risk Analysis & Management training course is suitable to a wide range of professionals involved in the development, appraisal, implementation and management of projects. Those with previous experience in project appraisal will be able to share their expertise with others; the broad base of participants ensures that everyone benefits from a wide range of sector and policy perspectives.

 This training course will particularly benefit:

  • Project and Contracts Personnel in both public and private sectors
  • Technical Specialists seeking broader perspectives of project planning & implementation
  • Government Officials, Ministries, Public Sector Agencies
  • Project Financiers, Developers, Sponsors, Consultants
  • Risk Management Personnels
  • Project Management Professionals

Day One: Project Structure Selection

  • Planning Structures for Delivering Projects
  • Defining a risk tolerance baseline for all activity, plus incremental procedures for high-value, complex projects
  • Scaling risk management to the size and complexity of a programme or project
  • Project structures to address risks from the points of view of:
    • Sponsors
    • Lenders
    • Investors
    • Contractors
  • Concession Contract Models
  • Foreign Direct Investments
  • Joint Ventures
  • Service Outsourcings
  • Keeping Structures & Financing Flexible to Accommodate Changes

Day Two: Risk Identification & Assessment

  • Risk Identification
  • Developing a Risk Matrix with Risk Ratings based on Probability and Impact
  • Types of Risk
    • Hazard Risks
    • Financial (business) Risks
    • Operational (technical) Risks
    • Strategic Risks
    • Internal & Finance Risks
    • External Risks
  • Risk Assessment / Analysis
  • Sensitivity Analysis – (“what if analysis”)
    • Identifying Risks
    • Identifying the Impacts of Risk
    • Estimating the Likelihood of Risks Occurring
    • Estimate the Cost of Risk
  • Risk Response / Mitigation Planning 
  • Monitoring and Communicating Risk

Day Three: Risk Management

  • Objective of Project Risk Management
  • Tools and Techniques for Risk Management
    • Avoidance – modifying a project plan
    • Transference – shifting consequences and responsibilities
    • Mitigation – preventative action
    • Acceptance – accepting risk outcomes
  • Limitations of Risk Management
  • Use of Insurance & External / 3rd Party Mechanisms in Risk Strategies
  • Constructing a Risk-adjusted Project Cost Model
  • Using Risk Factors to Test Affordability
  • The Roles of Incentives, Sanctions and Risk Sharing
  • Using Project Design, Financial and Organisational Arrangements as Risk Management Tools

Day Four: The PPP Contract Model

  • The General Principles of How Project Appraisal, Selection, Design and Risk Management ensure more measurable, controllable, successful projects
  • What are Public-Private Partnerships (PPPs)?
  • The Dynamics of PPPs & How Key Risk Areas can be Managed
  • Use of PPPs in Different Sectors and Services
  • The Roles and Relationships of Public and Private Parties
  • Principal Ways PPP Contracts Can Be Properly Managed
  • What are the Lessons for Adopting and/or Adapting PPP Models Across Future Projects?

Day Five: Project Funding Solutions

  • Embedding Risk Management into Normal Operations
  • Allotting Appropriate Resources for Risk Management Activities
  • Integrating Risk Management into Project Protocols and Controls
  • Risk Management Monitoring and Control throughout the Project Lifecycle to Improve and Guide Risk Management Processes
  • Evaluating Effectiveness of Risk Response Actions (and making adjustments within the project cycle)
  • Summaries of Conclusions and Group Discussions

We offer two main training formats to cater to different preferences and needs: 

  • Classroom Training Delivery – Our traditional classroom-based training courses provide a face-to-face learning experience with subject matter experts. You’ll benefit form in-person interactions, hands-on exercises, and a structured classroom environment.
  • Online Training Delivery – We also offer convenient live/online training courses that you can access from anywhere with a stable internet connection. These courses provided flexibility and allow you to learn anywhere, making them suitable for busy schedules or remote learning.

Yes, we do. We provide tailored training courses designed to meet the specific requirement of larger group of individuals. These customized training courses can be conducted both classroom and online formats, allowing you the flexibility to choose you preferred dates and duration.

Please contact us at inhouse@energytraining.ae to discuss your group’s training needs, and we’ll work with you to create a personalized training course that aligns with your objectives.

We value transparency and are happy to provide our instructor’s profiles upon request. If you would like to learn more about our instructor’s’ qualifications, expertise, and experiences, please email us at info@energytraining.ae.

We have multiple international training venues. You may find this through our website link: https://energytraining.ae/training-locations 

Our training courses are held at our partnered hotels within the city included within our training

The Energy Training Centre Certificate of Completion with corresponding learning hours who has successfully completed the training course.

Yes, we provide assistance by issuing a Letter of Invitation stating that you are confirmed to attend our training.

Yes, here are the following options we can offer to assist you:

  • Corporate Discount – We can extend our corporate discount to participants staying at the same hotel, if we have any. Please enquire about the availability of this discount when you register for the training course.
  • Nearby Hotel Suggestions – If you prefer other accommodations, we can provide a list of nearby hotels to suit your needs and budget.

Feel free to go through hotel booking platforms on the internet to find the most cost-effective for you.

No, we do not provide job placement services after the training course. However, we are confident that our training course equips you with the necessary tools and knowledge to enhance you career prospects and promote career growth. Our training course are designed to empower you with valuable skills and expertise to excel in your chosen field.

Classroom
  • Tuition fee for a 5-day training course
  • Provision of a world-class subject matter expert to deliver this training
  • Meeting at a hotel venue corresponding to your chosen session
  • Welcome food and drinks, AM / PM snack, and Lunch
  • Digital course materials (e-Tablet)
  • Course completion certificates
  • Designing and administration of Pre-& Post Course Assessments
  • Preparation of participant’s Performance and Appraisal Report, if required
  • Issuance of Letter of Invitation for delegates needed visa processing, if required
Online
  • Tuition fee for a 5-day online training course
  • Provision of a world-class subject matter expert to deliver this training through live/virtual delivery
  • An electronic copy of the training manual and relevant hand-outs
  • Issuance of The Energy Training Centre e-Certificate of Completion
  • Administration of Pre-& Post Workshop Assessments
  • Link access of online platform acceptable to both parties

Certainly, we do provide corporate rates tailored for organizations seeking to enrol multiple employees in our training programs. To facilitate this, we encourage you to make a formal request via email addressed to info@energytraining.ae. We’ll be delighted to discuss and offer a suitable arrangement for your corporate needs.

Yes, special discounts are available upon request if you have more than one registrant for a course. For further information please email us at info@energytraining.ae

We offer two convenient payment options:

  • Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
  • Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.

Upon receipt of your registration details sent via email at reg@energytraining.ae, we will send you the following by e-mail within 24-48 hours of registration.

  • Joining Instructions
  • Invoice/receipt (where appropriate)

 If you register online, you will receive an e-mail on the same day confirming your registration.

There are two convenient options to register for a training course:

  • Online Registration Form – Register for your desired training course by completing the online registration form available on our website. Simple click on the registration button or select your preferred dates and provide the requested information.
  • Email Registration – You can email us your intention to register at info@energytraining.ae. Our team will guide you through the registration process and provide assistance you may need.

Yes, we do allow registration transfers in the event that you are unable to attend the training course. To initiate a transfer, please send us an official email requesting the change. We’ll guide you through the transfer process and ensure a smooth transition of your registration to another eligible participant.

Our training course sessions are scheduled and posted on our website for your convenience. However, we understand that there may be specific requirement for your group. If you have a preferred venue and specific training dates in mind, please feel free to propose them to us by clicking on the button “Propose you preferred location & date” of your preferred training course.

Our course timings slightly vary between the cities we offer our training courses. Please let us know of your preferred course and session (dates/venue) through email at info@energytraining.ae. Alternatively, you may call/WhatsApp us at +971 50 746 0956.

We understand that time zones may be different between our Senior Consultants and our delegates. Our standard online course timings (11:00 AM to 4:00 PM, GMT+4 – Dubai, UAE) may be adjusted upon confirming the programme. Our team shall communicate between the confirmed registered delegates and suggested a suitable course timing for all.

Our standard course duration for our classroom programmes is 6 hours per day while our online session is 5 hours per day.

Our training programmes are designed to be concise yet comprehensive, focusing on professional development. The duration varies based on the specific course content and objectives – we normally offer programmes between 5 – 10 days. However, our emphasis lies in delivering interactive and engaging sessions that prioritize depth of learning within a condensed timeframe. This approach ensures participants acquire substantial knowledge and skills efficiently.

We have been assessed by TUV Rheinland Middle East FZE and comply with Quality Management System standards – ISO 9001:2015 and ISO 29993:2017, ensuring a commitment to quality and excellence in our operations and services.

Our training courses span across diverse industries, encompassing sectors such as but not limited to:

  • Power & Utilities
  • Oil & Gas
  • Financial Institutions
  • Government and Regulatory bodies
  • Manufacturing & Production Industry

Our commitment lies in continuously refining and expanding our training course offerings to align with evolving industry landscapes. We encourage individuals to explore our website or engage with our dedicated support team for the latest information on available courses, ensuring access to the most pertinent and current educational resources.

Yes, Energy Training Centre is an ILM Recognised Provider (ID# 002398B), authorized to register learners and offer training courses recognized by ILM. Participants seeking ILM Recognised Certification would need to complete an assessment post the ILM Recognised courses. ILM is a renowned provider of leadership and management qualifications, part of the City and Guilds Group. Additionally, our company is a CPD Certified Training Company, ensuring our commitment to continuous professional development standards.

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