Identify benefits relating to project risk management
Certified Project Managers to discuss Case Studies
Identifying and communicating risks to Concerned Business
Learn the steps in a project risk management process
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Risk management is the process of prioritisation, identification and assessment of risks followed by coordinated and economical application of resources to monitor, minimise, and control the probability and impact of unfortunate events or to maximise the realisation of opportunities. Delegates will know how to make sure uncertainty does not divert the endeavour from the business aims.
Risks can arise from some sources such as uncertainty in financial markets, threats from project failures at any phase in production, design, development, or sustainment life-cycles, credit risk, legal liabilities, natural disasters, accidents, and causes or unpredictable root-cause. There are two types of events such as adverse reactions can be classified as risks while actual events are categorised as opportunities. Some risk management measures have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary broadly according to whether the risk management method is in the context of project engineering, security, actuarial assessments, industrial processes, financial portfolios, management, or public health and safety.
Risk management is the process of analysing risk and know how to handle such type of risks. Georgetown’s risk management process offers a best practices method and aims at understanding the vital risks and managing them within acceptable levels. It is a collaborative process where risk response plans are developed in concert with the stakeholders who understand the risks and are best able to manage them.
What is Risk Management?
It is the method of identifying, controlling and assessing the risk to an organisation's revenue. These threats, or risks, can arise from a variety of sources financial uncertainty, legal liabilities, strategic management errors, natural disaster and accidents.
Why Should I take a Risk Management course?
Get competitive advantage turn business disruption threats into opportunities, customer satisfaction, brand value, based on service level data and ensure continuous supply with a controlled and predictable response.
What are the benefits of taking Risk Management Training?
Save your employees from the suffering caused by accidents, Reduce absenteeism and sick leave, Potentially reduce your insurance premium, Protect your business against the unforeseeable and Maintain your organisation's reputation.
Why Choose Pentagon Training?
Pentagon Training is known as the best training Provider in all domains. Our instructors are certified and experienced so that delegates will not get difficulty during the course. Pentagon training is one of the most leading training providers of this training due to its high-quality content. It is most trusted by professionals and industry leading brands. Our well trained and experienced instructors teach that what is required by industry.
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