16 Project Risk Management courses delivered Live Online

Duration 2 Days 12 CPD hours This course is intended for This course is designed for all project managers and project team leaders. Overview At course completion, students will be able to identify, analyze, respond to, and control project risks. This course focuses on improving the project manager?s risk management expertise, from initial planning through project closure. Participants will apply all course principles to a work-related case study taken directly from their work environment. RISK MANAGEMENT OVERVIEW * Risk Management Benefit and Uses * Project Risk Management * Project Management Life Cycle INITIATING PROCESS GROUP * Initiating Process Group Overview * Develop Project Charter * Identify Stakeholders * Project Selection Criteria * ROI Analysis * ROI Methods * Risk Complexity Index * Project Selection PLANNING PROCESS GROUP * Planning Process Group Overview * Scope Risks * Schedule Risks * Resource Risks * Plan Risk Management * Identify Risks * Delphi Technique * Subject Matter Expert Input * Brainstorming * Fishbone Diagrams * Process Analysis * Five Whys * Influence Diagrams * Risk Breakdown Structure (RBS) * Risk Register * Perform Qualitative Risk Analysis * Probability and Impact Assessment * Probability and Impact Chart * Perform Quantitative Risk Analysis * Three point estimates * PERT * Triangular Distributions * Outlier Considerations * Geometric Mean * Normal Distributions Methods * Tornado Diagrams * Expected Monetary Value (EMV) * Monte Carlo * Plan Risk Responses * Risk Response Strategies * Overall Project Risk * Checklists EXECUTING, MONITORING AND CONTROLLING PROCESS GROUPS * Executing Process Group Overview * Monitoring and Controlling Process Group Overview * Control Risks * Project Monitoring * Longer Projects CLOSING PROCESS GROUP * Closing Process Group Overview * Close Project or Phase * Risk Activities During Closing Process Group * Post-Project Risk Assessment

Duration 5 Days 30 CPD hours This course is intended for Individuals in various job roles who are involved in leading, managing, and participating in small to medium scale projects. Overview Upon successful completion of this course, students will be able to: Identify the fundamentals of project management. Perform the pre-project setup. Initiate a project. Plan project strategies. Develop project schedules. Plan project staffing, communication, and quality. Plan project risk management. Plan project costs. Plan project procurements. Plan for change management and transitions. Manage project execution. Manage project procurement. Control project performance. Monitor and control the triple constraints. Monitor project risks and procurements. Perform the project closure processes. In this course, students will apply recognized practices of project management and understand a project?s life cycle and roles and skills necessary to effectively initiate, plan, execute, monitor and control, and close a project. 1 - EXPLORING PROJECT MANAGEMENT FUNDAMENTALS * Examine the Basics of Project Management * Describe the Project Life Cycle * Examine Organizational Influences on Project Management 2 - PERFORMING THE PRE-PROJECT SETUP * Create a Project Concept Definition Statement * Examine Project Selection * Determine Strategic and Operational Relevance * Perform Project Feasibility * Determine Technical Requirements 3 - INITIATING A PROJECT * Prepare a Project Statement of Work * Create a Project Charter * Identify Project Stakeholders 4 - PLANNING PROJECT STRATEGY * Identify Elements of the Project Management Plan and Subsidiary Plans * Determine Stakeholder Needs * Create a Scope Statement * Develop a Work Breakdown Structure 5 - DEVELOPING THE PROJECT SCHEDULE * Create an Activity List * Create a Project Schedule Network Diagram * Identify Resources * Estimate Time * Develop a Project Schedule * Identify the Critical Path * Optimize the Project Schedule * Create a Schedule Baseline 6 - PLANNING HUMAN RESOURCES, COMMUNICATION, AND QUALITY * Create a Human Resource Plan * Create a Communications Management Plan * Create a Quality Management Plan 7 - PLANNING PROJECT RISK MANAGEMENT * Examine a Risk Management Plan * Identify Project Risks and Triggers * Perform Qualitative Risk Analysis * Perform Quantitative Risk Analysis * Develop a Risk Response Plan 8 - PLANNING PROJECT COSTS * Estimate Project Costs * Estimate the Cost Baseline * Reconcile Funding and Costs 9 - PLANNING PROJECT PROCUREMENTS * Plan Project Procurements * Prepare a Procurement Statement of Work * Prepare a Procurement Document 10 - PLANNING FOR CHANGE MANAGEMENT AND TRANSITIONS * Develop an Integrated Change Control System * Develop a Transition Plan 11 - MANAGING PROJECT EXECUTION * Direct Project Execution * Execute a Quality Assurance Plan * Assemble a Project Team * Develop a Project Team * Manage a Project Team * Distribute Project Information * Manage Stakeholder Relationships and Expectations 12 - MANAGING PROJECT PROCUREMENT * Obtain Responses from Sellers * Determine Project Sellers 13 - CONTROL PROJECT PERFORMANCE * Monitor and Control Project Work * Manage Project Changes * Report on Project Performance 14 - MONITOR AND CONTROL THE TRIPLE CONSTRAINTS * Control Project Scope * Control Project Schedule * Control Project Costs * Manage Project Quality 15 - MONITORING PROJECT RISKS AND PROCUREMENTS * Control Project Risks * Managing Vendors and Procurements 16 - PERFORMING THE PROJECT CLOSURE PROCESSES * Deliver the Final Product * Close Project Procurements * Conduct a Closeout Meeting * Close a Project ADDITIONAL COURSE DETAILS: Nexus Humans CompTIA Project Plus Certification (Exam PK0-005) training program is a workshop that presents an invigorating mix of sessions, lessons, and masterclasses meticulously crafted to propel your learning expedition forward. This immersive bootcamp-style experience boasts interactive lectures, hands-on labs, and collaborative hackathons, all strategically designed to fortify fundamental concepts. Guided by seasoned coaches, each session offers priceless insights and practical skills crucial for honing your expertise. Whether you're stepping into the realm of professional skills or a seasoned professional, this comprehensive course ensures you're equipped with the knowledge and prowess necessary for success. While we feel this is the best course for the CompTIA Project Plus Certification (Exam PK0-005) course and one of our Top 10 we encourage you to read the course outline to make sure it is the right content for you. Additionally, private sessions, closed classes or dedicated events are available both live online and at our training centres in Dublin and London, as well as at your offices anywhere in the UK, Ireland or across EMEA.

OVERVIEW -------------------------------------------------------------------------------- This course will help you manage project risk effectively by identifying, analyzing, and communicating inevitable changes to project scope and objectives. You will understand and practice the elements needed to measure and report on project scope, schedule, and cost performance. You will be equipped with the tools to manage change in the least disruptive way possible for your team and other project stakeholders.

QA LEVEL 2 AWARD IN PRINCIPLES OF RISK ASSESSMENT (RQF) * Face to Face: One-day course * Virtual Classroom: Spread over 3 sessions of 2½ hr duration * Don't run risks with the safety of your people - it will cost you a lot more when things start to go wrong... * Risk Assessments are vital for Health and Safety, and vital for the whole process -------------------------------------------------------------------------------- Course Contents: * Main causes of Work-related Fatalities, Injuries and ill health * Moral, Legal and Economic Reasons for Preventing Accidents and ill health at Work * Key Terms associated with Risk Assessments in Health and Safety at Work: * Accident * Near Miss * Accident Triangle * Hazard * Risk * Risk Assessment * Suitable and Sufficient * Competence * The Role of Risk Assessments in Accident and ill Health Prevention * Legal Requirements for Risk Assessments * Importance of Personal hygiene * Basic Process for Undertaking a Risk Assessment * The Five Steps of a Risk Assessment BENEFITS OF THIS COURSE: * In 2020/21, a whopping 1.7 million people suffered from a work-related illness * 441,000 of those sustained an injury * 142 People, plus 60 members of the public, lost their lives... * The estimated cost of injuries and ill health was £15 billion * 28.2 million working days, or 108,045 working years, were lost due to work-related illnesses and injuries * It is an employer's duty to protect the health, safety and welfare of their employees and other people who might be affected by their business. This includes providing sufficient information, instruction and training of employees, so they can work in a way that does not put themselves or others at risk * Our QA Level 2 Award in Principles of Risk Assessment (RQF) course is ideal for all employees, helping them to create a better understanding of health and safety issues and risk assessments -------------------------------------------------------------------------------- ACCREDITED, OFQUAL REGULATED QUALIFICATION: QA Level 2 Award in Principles of Risk Assessment (RQF) training course is a nationally recognised, Ofqual regulated qualification accredited by Qualsafe Awards [https://qualsafeawards.org/]. This means that you can be rest assured that your Principles of Risk Assessment certificate fulfils the legal requirements and is a very good way to make sure you and your employees are trained appropriately. The Ofqual Register number for this course is 603/0857/9

ABOUT THIS COURSE Batteries are going to play an increasingly important role in the energy grid. An increasing number of developers are looking to add battery storage systems (BESS) into their existing projects. However future cash flows are highly uncertain and they are often unsure exactly how battery technology can be monetised. A strong revenue model requires stacking of different revenue sources. As the share of variable renewable sources in electricity systems further increase, battery systems are expected to play a growing role by providing frequency control and operational reserves as well as for wholesale arbitrage, while helping reduce grid integration costs. The more volatile electricity prices are, the greater the earning potential of batteries trading electricity on various electricity markets. BESS can generate revenue streams in several different ways; through a frequency response contract with the TSO, by providing grid services in other ways or by arbitrage through buying cheap power and selling power for a higher price in a liquid wholesale market. Because batteries are efficient, the round trip efficiency is also high. They can spread arbitrage trading much better than other storage types and in many cases, other asset classes. For companies that combine a battery with other tasks, for example to store power from their own panels, or to avoid a costly heavy power connection, the investment is less risky than for those that purely focus on arbitrage trading. It is uncertain whether electricity prices will fluctuate more violently in the coming years, or whether the peaks will actually level off. During this highly interactive training, the trainer will provide you with the latest insights and best practices on how to obtain the maximum economic benefits when participating with BESS in the electricity market. Training Objectives By the end of this course, the participants will be able to: * Discover the different BESS battery technologies and their impact on the grid * Understand the role of storage in providing flexibility to the power system * Examine the potential revenue streams from BESS models * Learn how profit can generated with BESS trading strategies * Determine how to optimize the value from BESS projects * Find out how to combine BESS with renewable PPAs Target Audience Professionals and executives from Power Utilities, Energy Companies, Financial & Investment Banks, Renewable Power Project Developers, Transmission System Operators and Energy Industry Regulators will find this training course useful. * Electricity Marketing and Traders * New Venture or Business Development Executives * Corporate Finance and Treasury Executives * Audit and Risk Management Executives * Power or Utility Market Research Analysts * Investment Managers for Renewable Power Projects * Origination Professionals * Regulation, Compliance and Documentation Officers * Lawyers and Accountants * Power Transmission and Distributions Engineers Trainer Our key expert is a skilled and accomplished professional with over 25 years' of extensive senior management / board level experience in the energy markets worldwide. Next to advising energy companies, banks, consultants and regulators regarding PPAs, our key expert has also conducted several highly successful training courses about Power Purchase Agreements, Power Project Finance, IPPs, and Project Risk Management to over 1,000 high level participants from Asia, Africa, Europe and Middle East. He was a member of the expert commission of the Dutch Government for 2 offshore wind parks, Hollandse Kust (zuid) Wind Farm Zone Sites 3 and 4 that advised on which of the 5 applicants did provide the best security and solutions associated with the electricity and green certificate prices, the construction and operational risks of the project. POST TRAINING COACHING SUPPORT (OPTIONAL) To further optimise your learning experience from our courses, we also offer individualized 'One to One' coaching support for 2 hours post training. We can help improve your competence in your chosen area of interest, based on your learning needs and available hours. This is a great opportunity to improve your capability and confidence in a particular area of expertise. It will be delivered over a secure video conference call by one of our senior trainers. They will work with you to create a tailor-made coaching program that will help you achieve your goals faster. Request for further information post training support and fees applicable Accreditions And Affliations

Learn how to use this innovative tool to analyse and validate your schedule, to add and model uncertainty and risk and to work with updated plans to compare project progress. -------------------------------------------------------------------------------- COURSE OVERVIEW Duration: 1 day (6.5 hours) This course looks at the powerful features of Nodes and Links.  It looks at analysing and validating your schedule, adding uncertainty and risk and working with updated plans to compare project progress. Hands on practice will be gained throughout the course to ensure you can confidentially put your new skills into practice back in the workplace. This course is designed for new users of Nodes and links, no previous experience is required.  You should however be familiar with risk management processes and terminology. OBJECTIVES  By the end of the course you will be able to: * Import and validate plans * Analyse and review plans * Add and model uncertainty * Add and model risk * Load updated schedules * Re run analysis on updated schedules CONTENT VALIDATING YOUR PLAN * Importing a baseline plan * Running a health check * Analysing the results REVIEWING THE PLAN * Analysing critical paths * Reviewing activities * Reviewing resources ADDING UNCERTAINTY * Setting uncertainty templates * Distributions * Adding uncertainty * Using Inherit * Using AI * Reviewing activity distributions MODELLING UNCERTAINTY * Running the Analysis * Reviewing the results * Reviewing activity results * Risk Drivers * Filtering for activities SETTING UP THE RISK REGISTER * Setting Risk Templates * Adding Risks to the Risk Register * Independent vs Dependant Events * Setting Probability and Impact MODELLING UNCERTAINTY AND RISK * Mapping risks to activities * Running the Analysis * Reviewing the results UPDATED PLANS * Importing a new plan version * Comparing plans * Tracking progress * Trend analysis ANALYSING UPDATED PLANS * Using updated plans * Synchronising uncertainly and risk * Rerunning analysis

Discover the powerful schedule and cost risk analysis features of PRA. -------------------------------------------------------------------------------- COURSE OVERVIEW Duration: 2 days (13 hours) Our Primavera Risk Analysis course gives a detailed introduction to the schedule and risk analysis features of Primavera Risk Analysis. It shows the powerful features of the tool and give hands on practice throughout the course to ensure you can confidentially put your new skills into practice back in the workplace. This course is designed for new users of Primavera Risk Analysis, and no previous experience is required. You should however be familiar with risk management processes and terminology. OBJECTIVES  By the end of the course you will be able to: * Import schedules into PRA * Add three point estimates onto plans * Perform schedule and cost analysis * Use templated quick risk * Run risk analysis * Interpret results from the Risk Histogram and Tornado graph * Add task percentiles to a Gantt chart * Set up a risk register * Add qualitative and quantitative risks * Link risk to activities in the plan * Create reports * Use the Distribution Analyser CONTENT Importing schedules * Importing MSP and Primavera Schedules * Running import checks * Checking schedule integrity SCHEDULE RISK ANALYSIS * 3 point estimating * Entering uncertainly * Different distributions * Using quick risk * Updating plan * Importing plans with 3 point estimates COST/RESOURCE UNCERTAINTY  * Resource loadings * Creating 3 point cost estimates * Resource distributions and escalations * Simple cost estimates TEMPLATED QUICK RISK * Setting up and applying templated quick risk * Assessing risk at WBS level RUNNING RISK ANALYSIS * Running risk analysis * Interpreting results on the Risk Histogram * Setting analysis options TASK PERCENTILES * Setting task percentile options * Including task percentiles on the Gantt chart TORNADO GRAPH * Creating a Tornado graph * Viewing sensitivity * Analysing sensitivity against activities SETTING UP THE RISK REGISTER * Setting Schema levels * Defining criteria and tolerances * Setting up a Risk Breakdown Structure (RBS) * Working with manageability and proximity * Saving scoring matrices * Adding custom fields EXPORTING DATA * Exporting to Excel, Word and PowerPoint QUALITIVE RISKS * Setting risk IDs * Adding risk cause, description and effect * Setting up risk details * Entering mitigation actions QUANTITATIVE RISKS * Linking risks to activities * Adding schedule and cost impacts * Defining how multiple risks impact * Correlation MIGRATING YOUR PLAN * Adding mitigation actions to your plan as tasks * Linking tasks to mitigation actions ACTIONING YOUR RISK REGISTER * Progressing risks * Importing progressed plans * Linking register to progressed plans * Risk history * The Waterfall chart SAVING AND REPORTING * Exporting the risk register * Running reports * Creating new reports BUILDING AND COMPARING RISK PLANS * Using the distribution analyser * Comparing dates and cost

All organisations today operate in an environment of constant and rapid change. Managing this change effectively is often achieved through a portfolio of formal projects. Many organisations today have qualified and experienced project management staff to run their projects. Some organisations today have dedicated functions, staff or processes to support their project management teams. The very largest organisations have in-house Enterprise Programme Offices, or project management specialists in corporate audit or risk functions; or organise 'Red Team Reviews' of a project by other staff with project management experience who are not participating in the reviewed project. But for many mid-size businesses and SMEs - and even some larger organisations - these resources are simply not available. For them, having access to external expertise to assure project management disciplines and to coach project managers can be a major contributor to project success. Such reviews can take place at project initiation; at major stage-gates (especially if significant capital is to be committed at the stage-gate); or at any other time if concerns arise concerning project quality, cost or timescales. And it is for those organisations that we offer the necessary expertise, on an ad hoc basis, in reviewing projects and coaching senior project management staff. A document review and workshop led by one of our consultants can help you assess whether: * The strategic goals and priorities for the project are clear and being addressed * Governance of the project within the business is defined and being effectively executed * Project roles and responsibilities are clear and effective * The credibility and robustness of the project plan can be enhanced * Performance measures and reporting procedures are effective * Critical risks are identified and being managed and contingencies are agreed * The roles, responsibilities and capabilities of the key players in the project team are fit for purpose * Budgets are realistic and costs being managed effectively * Communication and change management activities are effectively planned and being executed At your discretion, you can capture the outcomes from the workshop for yourselves, in terms of identifying opportunities for improvement, or you can have our consultant write a report and make recommendations to you.

Many organisations find that project teams struggle to create and maintain effective plans. Estimates are often overly optimistic and risks go unmanaged until the inevitable happens. Resource managers also find it hard to forecast the likely loading on their departments and requests for support are not provided in a consistent format. This programme has been developed to address these needs in a very practical, hands-on format. Case study work can be based on simulations or on the organisation's current projects for maximum benefit to participants. The aim of this training is to develop and enhance participants' planning and risk management skills in order to maximise the success of project work undertaken by the organisation. The principal training objectives for this programme are to: * Provide a structured, integrated approach to planning and risk management * Demonstrate practical tools and techniques for each stage of planning * Show how to organise and involve relevant people in the planning process * Explain how to use the plan for forecasting and pro-active project control * Identify ways to improve planning, both individually and corporately The course will emphasise the importance of participative planning techniques that improve the quality of plans whilst reducing overall time and cost of planning. The course will encourage discussion of internal procedures and practices and may be customised to include them if required. DAY ONE 1 INTRODUCTION (COURSE SPONSOR) * Why this programme has been developed * Review of participants' needs and objectives 2 PROJECTS AND PLANNING * Why plan? The benefits of good planning / penalties of poor planning * Planning in the project lifecycle; the need for a 'living' plan * The interaction between target setting and the planning process * Team exercise: planning the project 3 PLANNING THE PLAN * Defining the application and structure of the plan * Impact of planning decisions during the project lifecycle * Using available time to create an effective plan 4 DEFINING DELIVERABLES * Assessing the context; reviewing the goals and stakeholders * Developing the scope and defining deliverables; scope mapping * Understanding customer priorities; delivering value for money * Case study: defining the project deliverables 5 CREATING THE WORK BREAKDOWN * Building the work breakdown structure * Detailing the tasks and sub-tasks; structured brainstorming * Defining task ownership; the task responsibility matrix 6 CREATING AND USING A LOGICAL NETWORK * Developing the logical network; task boarding * Determining the critical path and calculating float * Accelerating the plan; concurrent programming and risk * Individual and group exercises DAY TWO 7 DEVELOPING RESOURCE SCHEDULES * Deriving the Gantt chart from the network * Developing the detailed resource schedules * Calculating the expenditure profile ('S' curve) 8 ESTIMATING TASK DURATIONS AND COSTS * Understanding estimates: effort, availability and duration * Estimating tools and techniques * Application of estimating techniques during the project lifecycle 9 CASE STUDY * Developing the project plan * Refining the project plan * Team presentations and discussion 10 MANAGING RISKS AND REFINING THE PLAN * Awareness of contractual issues associated with risk * Identifying and evaluating risks; deciding ownership * Managing risks: determining levels of provision and contingency * Controlling risks: maintaining an up-to date risk register 11 PLANNING FOR PRO-ACTIVE CONTROL * The earned value analysis (EVA) concept and its predictive value * Deriving the measures needed for cost and delivery performance * Practical issues associated with implementing EVA 12 USING AND MAINTAINING THE PLAN * Tracking progress and updating the plan * Publishing and controlling the plan 13 COURSE REVIEW AND TRANSFER PLANNING (COURSE SPONSOR PRESENT) * Identify ways of implementing the techniques learnt * Sponsor-led review and discussion of proposals * Conclusion

OVERVIEW -------------------------------------------------------------------------------- The Risk Analysis course is a highly demanded certification for roles in project risk management. It recognizes skills, competency, and competency in assessing and identifying project risks, mitigating threats and capitalising on opportunities, while still possessing core knowledge and practical application in all areas of project management. The risk management specialist role on project teams is becoming more important to an organization's success. This course has been designed to benefit professionals who have the responsibility of regularly making important business decisions and wish to enhance their Risk Management abilities and apply them to their businesses. Upcoming Events Online (USD 2250) Online Streaming Live (Flexible Dates) For more dates and Venue, Please email sales@gbacorporate.co.uk