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Advanced Strategic Project & Risk Management
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Management & Leadership
Course Overview
This Advanced Strategic Project & Risk Management training course explores essential project management tools and techniques to ensure the successful delivery of medium to large and complex projects. The course provides a detailed examination of project management processes, including stakeholder management, and offers guidance on how senior managers can effectively support projects and project managers to achieve successful outcomes.
Course Objectives
By the end of this course, participants will be able to:
Apply strategic project management tools and techniques for medium to large, complex projects.
Define project roles, responsibilities, and scope to ensure quality project planning and execution.
Develop accurate project plans, estimates, and schedules using critical path and critical chain methodologies.
Identify, analyze, and effectively engage stakeholders to support project success.
Conduct advanced risk and uncertainty analysis and implement robust risk management strategies.
Monitor and control project execution to ensure adherence to objectives, timelines, and budgets.
Enhance their ability to support and lead projects as senior managers or project managers.
Course Audience
Who Should Attend:
Project managers and team leaders managing medium to large projects
Senior managers and executives responsible for project oversight
Program and portfolio managers
Risk management professionals
Professionals seeking to enhance strategic project planning, execution, and control skills
Course Methodology
This course adopts a highly interactive and practical approach, combining presentations, case studies, group discussions, and hands-on exercises. Participants will apply project management tools and risk management techniques in realistic scenarios, enabling them to practice planning, scheduling, stakeholder engagement, and risk mitigation strategies. The methodology emphasizes peer learning, critical reflection, and real-world application to ensure participants can immediately implement their skills in their professional environments.
Course Outline
Day 1: Introduction & Project Initiation
Purpose and benefits of projects
Features of effective project management
Programme and portfolio management
Organisational structures: pros and cons
Building an effective project management culture
Key elements of project governance
Project selection and prioritisation
Feasibility studies and financial justification (discounted & non-discounted techniques)
Preparing a comprehensive project business plan
Identifying and prioritising stakeholders
Developing the project charter
Day 2: Project Planning & Control
The 10 Project Management Knowledge Areas
Work Breakdown Structures (WBS) and their uses
Creating project schedules and estimates
Project monitoring, control, and reporting
Critical path and critical chain methodologies
Resource management and baselining
Earned Value Method (EVM) for performance tracking
Day 3: Risk Management Framework & Identification
Understanding risk and its components
Risk management objectives, purpose, and benefits
Integrating risk management into project processes
Risk identification inputs, tools, techniques, and guidelines
Risk categories and outputs of risk identification
Cost and schedule estimating in relation to risk
Project risk rating and prioritisation
Day 4: Risk Assessment, Quantification & Response Planning
Risk analysis: qualitative and quantitative approaches
Probability and impact analysis
Tools: PERT, Monte Carlo simulation, decision trees
Developing risk response strategies for threats and opportunities
Network diagramming, alternative responses, and reserves (contingency & management)
Outputs of risk response planning
Day 5: Risk Response Control & Project Closure
Executing the risk management plan
Risk response control tools and guidelines
Implementing risk strategies and evaluating results
Project closure and evaluation
Designing project methodology and defining roles/responsibilities
Role of Project Sponsor and supporting project teams
Developing organisational change proposals
Securing a project mindset and commitment to action
Certificates
On successful completion of this training course, HighPoint Certificate will be awarded to the delegates. Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.