Project Risk Management

Introduction

Develops structured approaches for managing risks throughout the project lifecycle.

Objectives

• Identify project risks
• Assess risk impact and likelihood
• Develop mitigation strategies
• Improve risk-informed decisions

Target Audience

·         Project managers

·          Engineers

·         Risk coordinators.

5-Day Scientific Program

Day 1

• Capital investment fundamentals
• Types of investments
• Investment decision lifecycle
• Risk and uncertainty

Day 2

• Time value of money concepts
• Net Present Value (NPV)
• Internal Rate of Return (IRR)
• Payback analysis

Day 3

• Cash flow modeling
• Sensitivity and scenario analysis
• Economic assumptions
• Inflation and discount rates

Day 4

• Investment risk assessment
• Qualitative vs quantitative factors
• Decision governance
• Approval processes

Day 5

• Investment case studies
• Lessons learned
• Investment evaluation toolkit
• Decision recommendation framework