An Intensive 5-day Training Course
Project Risk Management & Compliance
A focus on Risk Process Tools and Techniques
CLASSROOM DATES
INTRODUCTION
Projects succeed or fail largely based on how effectively risks are identified, analysed, and managed throughout the project lifecycle. The Project Risk Management & Compliance Course is designed to strengthen awareness and capability in managing project risks proactively, with a clear focus on minimising cost overruns, schedule delays, and compliance failures that commonly affect project performance.
Project environments are inherently uncertain. While opportunities can enhance value, unmanaged threats often lead to poor quality outcomes, budget escalation, and missed deadlines. This training course positions risk management as a core project discipline rather than a reactive activity. Participants develop a structured understanding of both qualitative and quantitative risk management approaches, enabling informed decision-making at both project and task levels.
A central feature of this Project Risk Management & Compliance Course is the application of a proven six-step risk management process. Participants learn how to assess risks from both top-down and bottom-up perspectives, ensuring that strategic, operational, and technical risks are addressed consistently and systematically.
Compliance is treated as a critical project risk factor. Failure to align with internal policies or external regulatory requirements often results in costly disruption. This course highlights how compliance considerations can be embedded within project risk planning to protect budgets, schedules, and organisational reputation.
Key areas explored include:
- Proactive identification of project threats and opportunities
- Early warning signs of cost, schedule, and quality risk
- Integration of compliance into project risk planning
- Qualitative and quantitative risk assessment techniques
KEY SKILLS YOU WILL GAIN
After completing this training course, participants will be able to demonstrate the following skills and competencies:
- Risk Identification – Systematically recognise threats and opportunities across the project lifecycle.
- Risk Analysis – Apply qualitative and quantitative techniques to assess probability and impact.
- Compliance Awareness – Integrate regulatory and policy requirements into project risk planning.
- Risk Quantification – Use structured tools such as EMV to evaluate financial exposure.
- Risk Control – Monitor, respond to, and control risks using concise and practical strategies.
TRAINING OBJECTIVES
By the end of this Project Risk Management & Compliance Course, participants will be able to:
- Understand the complete project risk management process
- Identify risks affecting cost, schedule, scope, and quality
- Apply structured techniques to analyse and prioritise project risks
- Develop and implement effective risk response and monitoring plans
- Use a practical six-step framework to manage project risk
- Build a risk budget using expected monetary value (EMV)
WHO SHOULD ATTEND?
This Project Risk Management & Compliance Course is suitable for professionals involved in project delivery, including:
- Project and programme managers
- Technical and engineering leaders
- Project sponsors and owners
- Planning and cost control professionals
- Risk and compliance practitioners supporting projects
- Professionals responsible for managing project performance and delivery risk
This course is ideal for those seeking to strengthen risk discipline across complex project environments.
TRAINING METHODOLOGY
The Project Risk Management & Compliance Course adopts a balanced and practical learning approach. Instructor-led sessions establish core risk management principles and frameworks, supported by real-world project examples that reflect common challenges.
Participants engage in hands-on exercises, structured group discussions, and applied case studies that reinforce the six-step risk management process. Quantitative tools such as EMV, PERT, and Monte Carlo simulation are introduced in a practical and accessible manner.
This methodology ensures participants can confidently apply risk management techniques within their own project environments, rather than treating risk as a theoretical concept.
TRAINING SUMMARY
The Project Risk Management & Compliance Course equips participants with the skills required to manage uncertainty, control exposure, and improve project outcomes. By understanding both threats and opportunities, participants learn how to prioritise risks based on impact and likelihood.
The course emphasises the quantification of risk and the use of structured financial techniques such as expected monetary value to support decision-making. Participants also develop the ability to integrate compliance considerations into project risk strategies, reducing the likelihood of regulatory or policy-related disruption.
By the end of the training course, participants will be able to embed risk and compliance thinking into project planning, execution, and control—strengthening delivery performance and organisational confidence in project outcomes.
TRAINING OUTLINE
Day 1: Risk Management Framework and Planning Introduction
- Key Definitions
- Project Risk Management Goal
- Purpose of Risk Management
- Benefits of Risk Management
- Responsibilities in Risk Management
- Integrating Risk Management into the Project Management Process
- Components of Risk
- Types of Risk
Six Steps of Risk Management
- Plan the Approach to Risk Management
- Risk Identification
- Risk Assessment & Quantification
- Risk Response Plan Development
- Risk Management Plan Execution
- Evaluating Risk Response Results
Risk Planning (Step 1)
- Plan the Approach to Risk Management
- Planning Inputs, Tools & Outputs
Day 2: Risk Identification Processes Risk Identification (Step 2)
- Identification Inputs & Tools
- Identification Guidelines
- Risk Identification Techniques
- Risk Categories
- Risk Identification Outputs
Review of Cost & Schedule Estimating in Relation to Risk
- Cost Estimating Classes & Types
- Cost Estimating Methods
- Accuracy, Allowances, Contingency & Management Reserve
- Work Breakdown Structures (WBS)
- Schedule Diagramming - Critical Path Method (CPM)
- Resource Management
- Earned Value Method (EVM)
- Baselining
Day 3: Risk Assessment and Quantification Processes (Step 3)
- Risk Analysis Inputs
- Risk Analysis Guidelines
- Probability Analysis
- Impact Analysis
- Risk Analysis Approaches - Qualitative & Quantitative
- Risk Analysis Tools & Techniques
- Statistical Sums in Risk Analysis
- Program Evaluation & Revue Technique (PERT)
- Monte Carlo Simulation
- Decision Trees
- Project Risk Rating & Prioritizing
- Risk Analysis Outputs
Day 4: Risk Response Plan Development (Step 4)
- Risk Response Development Inputs, Tools & Techniques
- Risk Response Strategy Guidelines
- Response Strategies for Threats
- Response Planning & Network Diagramming
- Response Analysis
- Alternative Responses
- Reserves - Contingency & Management
- Response Planning Outputs
Day 5: Risk Response Control
- Risk Management Plan Execution (Step 5)
- Risk Response Control Tools
- Risk Response Control Guidelines
- Risk Strategy Execution
- Evaluating Risk Response Results (Step 6)
- Risk Documentation
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ACCREDITATION
EuroMaTech is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
Euromatech is a Knowledge & Human Development Authority (KHDA) approved training institute in Dubai, licensed and approved to deliver training courses in the UAE.
The KHDA is the regulatory authority in the UAE, that oversees administering, approving, supervising, and controlling the activities of various education providers in the UAE. We are proud of our commitment to ensuring quality training courses and status as a KHDA-approved training provider.
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FAQ
EuroMaTech provides a range of ISO certification and compliance training courses, including:
- ISO 9001 – Quality Management Systems Training
- ISO 45001 – Occupational Health & Safety Management Training
- ISO 14001 – Environmental Management Systems Training
These courses help organizations adopt internationally recognized standards and improve their overall performance.
To register for a training course, you can:
- Visit the EuroMaTech website, browse the available courses, and follow the online registration process.
- Contact EuroMaTech’s support team for assistance with course selection or inquiries about corporate training solutions.
EuroMaTech stands out as a leader in training and professional development due to:
- 30+ years of experience delivering high-impact training courses across industries.
- Accreditations from leading institutions, ensuring top-tier course quality and recognition.
- A portfolio of thousands of training courses, serving professionals at every level.
- A focus on innovation and future-ready learning models, including blended and digital training.
- Long-term partnerships with organizations globally, ensuring sustained success through talent development.
EuroMaTech has successfully delivered thousands of training courses, with thousands of professionals from over 50 countries attending annually.
We are happy to share the profiles of our expert instructors. To learn more about their qualifications and experience, please contact us [email protected]
We provide two flexible training formats to suit your preferences:
- Classroom Training: Experience in-person learning with expert instructors. Engage in interactive discussions, hands-on activities, and benefit from face-to-face networking.
- Online Training: Join live online sessions from anywhere, offering flexibility for those with busy schedules or who prefer remote learning.
- In-House Training: We can bring our training directly to your organization, allowing for tailored sessions that address your specific needs and objectives.
Yes, we provide tailored training solutions designed to meet the specific needs of your organization. Customized courses can be delivered either in-person or online, and you can select the dates and duration that best fit your schedule. For more details, please contact us at [email protected]
Yes, we can assist you with the following:
- Corporate Discount: If available, we can extend our corporate discount for your stay at selected hotels.
- Hotel Suggestions: We can provide recommendations for nearby hotels based on your preferences and budget.
Feel free to explore online booking platforms for the most cost-effective options.
