Construction & Engineering Cpd Courses

Managing Risk in the Construction & Engineering Projects

Brief Overview

This course is based on the principles of the PMBOK® Guide (edition 6) and the Construction Extension to the PMBOK® Guide (2016 edition). It aims to introduce project managers to the best practices to be followed when managing projects in the construction and engineering environment.


This course is accredited by the Engineering Council of South Africa (ECSA) with 3 CPD Points, Association of South African Quantity Surveyors (ASAQS) with 18 CPD Hours & the South African Council for the Project and Construction Management Professions (SACPCMP) with 18 CPD hours.


01-Fundamentals of Managing Risk on Projects:

• Definition of Risk
• Risk Management as part of Project Management
• Risk elements
• Sources of risk
• Risk Categories
• Project Risk Management Processes
• Critical Success Factors for Project Risk Management
• Responsibilities
• Scalability and tailoring of risk management processes
• Risk manageability
• Benefits of Project Risk Management
• Barriers to Project Risk Management

02-Planning for Risk Management on Projects:

• Influencing factors
• Project Objectives
• Critical Success Factors
• Inputs
• Tools
• Risk Management Plan
• Risk Register

03-Identifying Risks:

• Sources of Risk
• Critical success factors for identifying risks
• Inputs
• Risk identification tools and techniques
• The Risk Statement
• Updating the Risk Register

04-Analyzing Risks:

• Risk Analysis approaches
• Probability
• Impact
• Risk tolerances and thresholds
• Risk proximity
• Risk analysis tools and techniques
• Qualitative risk analysis
• Updating the Risk Register

05-Responding to risks:

• Risk response planning
• Critical success factors for risk response planning
• Inputs required
• Response strategies for threats
• Response strategies for opportunities
• Tools and techniques
• Residual risks
• Secondary risks
• Reserves, contingencies and fallback plans
• Integrating the risk response plans into Project Management Plan
• Updating the Risk Register and project management plan
• Executing risk responses

06-Monitoring and control risks:

• Critical success factors
• Inputs
• Tools and techniques
• Documentation updates
• Risk management and project closure

Reviews & Comments from other Delegates who have attended our Course

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