Week 1 of PROCLAD Academy’s 10-day Advanced Contract & Project Risk Management training course, the emphasise will be on developing a solid understanding of the complexities of risk management. The course content recognizes the importance of planning, monitoring, and proactive insight into risk areas related to the contract’s stated performance outputs and outcomes.
During Week 2, delegates to apply the tools and techniques of modern project risk management effectively in order to deal with a wide variety of risks and uncertainties related to the project. The training course does not assume any prior knowledge of the topics covered. New concepts and tools are introduced gradually to enable participants to progress from the fundamental to the advanced concepts of project risk management.
The key features of PROCLAD Academy’s 10-day Advanced Contract & Project Risk Management training course are:
- Overview of risk management and how it can be applied to contracts consistently
- Practical application of quantitative data to mitigate contract risk
- Pre & post contract processes, such as managing contingency & resolving issues
- Optimising contract risk management rather than risk allocation
- Using risk management processes to identify weaknesses in the contract
- Identifying risk categories related to your organisation’s operations and projects
- Identifying project-specific risks and uncertainties related to design, planning, operation and maintenance
- Using a proven set of skills and techniques for the quantification, analysis and mitigation of identified risks