Project Risk Management



Overview

Project risk management is the 'radar' that enables your business to avoid obstacles, show-stoppers and major disasters!

Risk management is a well-recognised set of tools and methods that enables you to systematically identify project risks and then to respond appropriately. Responding to risks may mean reducing the chances that a specific risk will turn into an issue that would hurt your project. It may mean putting recovery plans in place so that you can deal with outcomes effectively when risks do turn into real problems.

A planned and controlled approach to project risk is an essential tool for modern programme and project management. The methods of project risk management are a hugely important capability both for individual project managers and also the organisations within which they work.

Developing skills, knowledge and organisational processes in this area is likely to have a significant return on investment (ROI) for any organisation that runs projects either internally or for their customers.

Programme details

This one-day course presents industry best practice in a clear and understandable manner. You will leave the course with the knowledge and understanding to enable you to manage risk on your project. The course draws on the PRAM guide developed by the Association for Project Management and on practical project experience from real projects.

The course includes:

  • An overview of project risk management: why it matters and how it works
  • Planning for risk management
  • Identification of risks in resources, scope and schedule
  • Taking advantage of opportunities: the positive side of chance events
  • Information gathering for risk
  • How to assess, quantify and prioritise risks
  • Strategies to respond to risk: reduction, mitigation and avoidance
  • Managing and communicating risk Information
  • The human face of risk: why do people and projects get it wrong?

Who is this course for?

Project risk management is employed by small businesses and large, in both the private and public sectors. This course is relevant for both new and experienced project managers who need to update their skills in project risk management. Additionally this course will be of interest to organisational leaders and customers of larger projects who want to understand how their organisations can effectively manage project risks.

Attending your course

Further details will be emailed to you two weeks ahead of your course, which will include registration information. 

Please get in touch if you have not received this information within five working days of the course start date.  

In the meantime, you may wish to plan your travel: Travel information 

Certification

In order to be eligible for a certificate of attendance, you will need to attend the whole course. Participants who meet this criterion will be emailed after the end of the course with a link, and instructions on how to access their University of Oxford digital certificate.

The certificate will show your name, the course title and the dates of the course you attended. You will be able to download your certificate, as well as share it on social media if you choose to do so.

Fees

Description Costs
1. Standard course fee £595.00

Payment

Fees include course materials, tuition, refreshments and lunches. The price does not include accommodation.

All courses are VAT exempt.

Register immediately online 

Click the 'Book now' button on this webpage. Payment by credit or debit card is required.

Request an invoice

Please contact us if you would like to arrange payment via an invoice.

Tutor

Dr Rob Collins

Visiting Fellow

Department of Computer Science, University of Oxford

Dr Rob Collins is a visiting fellow of Kellogg College Oxford and teaches courses at the University. Dr Collins has taught on the MSc in Software Engineering through Oxford University’s Computing Laboratory for over 20 years. He currently teaches modules on Classical Machine Learning, Software Testing and Safety Critical Systems.

Dr Collins also teaches courses in Artificial Intelligence, Systems Thinking, Agile, Machine Learning, Design Thinking and Business Process Improvement. He regularly provides consultancy to industry in the area of Business Process Excellence, Artificial Intelligence and Systems Engineering.  He gained his Black Belt Certification in Lean Six Sigma from Lockheed Martin – the world's largest Systems Engineering company and a world-leader in advanced technology.

As well as his undergraduate degree in Physics and Computing, Dr Collins holds a PhD focussed on training, psychology and processes for introducing complex technology into learning environments. He completed an MBA in 2012 at Henley Business School, and so has a strategic business view as well as deep understanding and practical experience of hands-on process improvement in technology and service.

Teaching methods

This course is rich in content, but presented in a friendly and relaxed style. As well as explaining the methods and tools in this area, there will be plenty of time for discussion and question asking. The course includes practical activities to help you think about risks on your project to enable you to leave the course 'ready to run' with managing your own project risks.

Application

If you would like to discuss your application or any part of the application process before applying, please click 'Ask a Question' at the top of this page.

Accommodation

Although not included in the course fee, accommodation may be available at our on-site Rewley House Residential Centre. All bedrooms are en suite and decorated to a high standard, and come with tea- and coffee-making facilities, free Wi-Fi access and Freeview TV. Guests can take advantage of the excellent dining facilities and common room bar, where they may relax and network with others on the programme.

To check prices, availability and to book rooms please visit the Rewley House Residential Centre website.

Enrolled students are entitled to discounted accommodation rates for the purpose of study, at Rewley House, and can contact the administration team for the promotional code to use for making online accommodation bookings via the website.

Terms & conditions for applicants and students

Information on financial support