A PMI Approved Training Course
Construction Risk Management
Increasing the Likelihood of the Successful Delivery of your Projects
Course Introduction
Construction, as a capital investment venture, involves significant risk throughout its lifecycle—from development and design to construction and operation. Effective risk management is crucial for minimizing threats, seizing opportunities, and making informed decisions amidst uncertainty.
This Construction Risk Management training course, based on the latest PMIs Practice Standard for Risk Management and the ISO31000 series for Risk Management, will equip you with the essential processes, tools, and techniques for comprehensive risk management. You'll learn how to plan, assess, analyze, treat, monitor, and control risks. Additionally, the course prepares you for the PMI Risk Management Professional (PMI-RMP)® certification, providing you with internationally recognized credentials to distinguish yourself in the field.
This training course will feature:
- The special features and project delivery approaches in construction business
- The construction industry and its spectrum of risk
- Planning and identification of risks
- Assessment and Analysis of risks
- Planning and implementing appropriate risks responses to threats and opportunities
- Tools and techniques to keep the project under track while responding to emergent risks
Training Objectives
By the end of this training course, participants will be able to:
- Provide a structured methodology to plan for risk management including strategic risks
- Prepare to become a Certified Risk Management Professional (PMI-RMP)® certification exam
- Improve the risk threshold through proper identification of risk tolerance and risk attitude
- Apply qualitative and quantitative risk analysis techniques
- Adequately plan for risk responses and treat the risks accordingly
- Monitor and report the status of residual risks, secondary risks, and emergent risks
Training Methodology
This training course will utilize a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. Case study exercises are used to facilitate practical application and reinforcement of theoretical concepts. Topic driven tutorial sessions are supported by risk simulations that allow delegates to explore their comprehension. Group discussions review the exam questions and quizzes and uncover the approach and prepare for the risk management certification.
Who should Attend?
This COPEX training course is suitable to a wide range of professionals involved in studying, designing, procurement, construction and operation of construction facilities, but will greatly benefit:
- Senior managers involved in the selection and strategic alignment of construction projects
- Professionals who are working as project managers or key project or program team members
- Professionals who have been directly involved in risk identification, analysis, and response on any kind of project
- Those who recognise project risk management as a core part of their professional experience and want to become certified Risk Management Professionals
Course Outline
- Course Opening and Pre-Course Assessment
- Phase by Phase Understanding of construction and development
- Project delivery methods and its relation to risk allocation
- Challenges and Issues in construction Execution and management (with case studies)
- Lean construction concepts and waste minimization in construction
- PMI’s risk management approach versus ISO 31000 for risk management
- Other international risk management frameworks and standards
- Assess project environment for threats and opportunities
- Confirm risk thresholds based on risk appetites
- Establish risk management strategy and the risk management plan
- Engage stakeholders in risk management activities
- Conduct risk identification exercises
- Develop risk register and risk report
- Exam Q and A review and Case Studies
- Perform qualitative analysis
- Perform quantitative analysis
- Identify threats and opportunities
- Schedule-Risk Analysis
- Cost-Risk Analysis
- Exam Q and A review and Case Studies
- Determine appropriate risk response strategy and response actions
- Assign roles and responsibilities for risk actions
- Execute the risk response plan(s) and the contingency plan(s)
- Encourage stakeholders to provide feedback on the risk response
- Evaluate and react to secondary and residual risks from the response implementation
- Exam Q and A review and Case Studies
- Gather and analyze performance data
- Monitor residual and secondary risks
- Risk auditing best practices
- Provide information required to update relevant project documents and plans
- Monitor project risk levels
- Exam Q and A review and Case Studies
- Exam Mock-up
Accreditation
Providers and Associations
Certificates
- COPEX Certificate of Attendance will be provided to delegates who attend and complete the course
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COPEX Training is your gateway to professional growth, with over 20 years of experience turning potential into success. Each year, we deliver over 1,000 courses in 50+ countries, earning a stellar 98% satisfaction rate. Trusted by global giants like BP, the United Nations, and HSBC, we partner with top certification bodies to provide career-focused training that empowers individuals and drives organizational breakthroughs. Our mission? To transform the way professionals learn and grow in today’s fast-changing industries. Through expert insights, cutting-edge methods, and hands-on approaches, we equip you with the skills and confidence to tackle challenges, seize opportunities, and thrive in your career.
Led by a passionate leadership team and supported by a network of world-class trainers, COPEX Training connects professionals worldwide with life-changing opportunities. We are committed to excellence, ensuring every participant leaves with the tools, expertise, and confidence to conquer an ever-evolving world.
Frequently Asked Questions
This FAQ section provides quick answers to the most common questions about our services, procedures, and policies. We aim to make your experience with us as straightforward as possible. For further assistance, our support team is ready to help.
Enhanced Skills: Develop in-demand skills and knowledge in your chosen field.
Career Advancement: Improve your career prospects and increase your earning potential.
Increased Confidence: Gain confidence in your abilities and enhance your professional presence.
Networking Opportunities: Connect with other professionals and industry experts.
Improved Job Performance: Enhance your productivity, efficiency, and job satisfaction.
Personal Growth: Develop valuable personal and professional skills that can benefit you in all areas of life.
Experienced Instructors: Courses are delivered by highly qualified and experienced instructors with industry expertise.
Interactive Learning: Engaging and interactive learning methods, including workshops, simulations, case studies, and group discussions.
Practical Application: Focus on practical skills and real-world applications, enabling you to apply your learning immediately.
Flexible Learning Options: A variety of course formats available, including classroom training, online courses, and blended learning.
Certification & Recognition: Upon successful completion, you may receive industry-recognized certifications.
There are several ways to register in our public training courses:
Online – Browse the Training Plan, select the course of choice, click on the button
“Register Now” inside the course outline page.
E-mail – Send the details (name, company name, email address and training course of
choice) of your nomination to [email protected]
Telephone – +971 4 368 6886 or +971 50 106 2750
Upon successful registration, processing window will take not more than 24 hours from the time of registration. An email including the registration confirmation, invoice and joining instructions will be sent to the provided email address.
Published training course fees are inclusive of the training venue, training manual, writing materials, lunch and coffee breaks with refreshments over the entire duration of the training course.
The training course fee can be settled by either:
- Bank transfer
- Credit Card
Our training courses will run for 5 hours per day. The standard daily timing is from 8:30 am – 3:30 pm including the coffee/tea breaks and lunch.
Our training courses courses are being held at five-star hotels in prime and iconic destinations across the globe. Cities such as Amsterdam, Barcelona, Dubai, Geneva, Istanbul, Kuala Lumpur, London, Houston, New York, Paris, Vienna, Zurich, etc.
Once officially registered, we can assist by providing the corporate rates provided by the hotel where the training course will be conducted. Early confirmation will enable us to secure the room at reduced rates
Our cancellation policy varies depending on the circumstances presented. Generally, cancellations must be initiated in formal writing at least 14 days prior to the commencement date of the training course. Further, the option to shift an existing registration to another training course on a later date is possible. Otherwise, a full refund will be initiated.
Delegates who will attend and successfully complete the training course will earn a COPEX Certificate of Completion. This certification is designed to validate the successful knowledge transfer, and that the desired learning objectives and outcomes to further advance your professional competency are achieved.
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