Project Risk Analysis & Management

This Project Risk Analysis & Management course is designed for professionals involved in all stages of project development, from initiation through implementation and management. The training is particularly beneficial for:

• Project and Contracts Personnel in both public and private sectors
• Technical Specialists seeking broader perspectives on project planning and implementation
• Government Officials, Ministries, and Public Sector Agencies
• Project Financiers, Developers, Sponsors, and Consultants
• Risk Management Personnel
• Project Management Professionals

DAY 1: Project Structure Selection

• Planning Structures for Delivering Projects
• Defining a Risk Tolerance Baseline for all Activities
• Scaling Risk Management to Project Size and Complexity
• Addressing Risks from Different Stakeholders' Perspectives:
  • Sponsors
  • Lenders
  • Investors
  • Contractors
• Concession Contract Models and Foreign Direct Investments
• Joint Ventures and Service Outsourcings
• Keeping Structures & Financing Flexible to Accommodate Changes

DAY 2: Risk Identification & Assessment

• Risk Identification Techniques
• Developing a Risk Matrix (Risk Ratings based on Probability & Impact)
• Types of Risks:
  • Hazard Risks
  • Financial Risks
  • Operational Risks
  • Strategic Risks
  • Internal & External Risks
• Risk Assessment & Analysis Methods
  • Sensitivity Analysis (What-if Analysis)
  • Estimating Likelihood and Cost of Risks
  • Risk Response and Mitigation Planning
• Monitoring and Communicating Risk

DAY 3: Risk Management

• Objectives of Project Risk Management
• Tools and Techniques for Risk Management:
  • Avoidance
  • Transference
  • Mitigation
  • Acceptance
• Limitations of Risk Management Strategies
• Use of Insurance & Third-Party Mechanisms in Risk Strategies
• Constructing a Risk-Adjusted Project Cost Model
• Testing Affordability Using Risk Factors
• The Role of Incentives, Sanctions, and Risk Sharing
• Using Project Design, Financial, and Organizational Arrangements for Risk Management

DAY 4: The PPP Contract Model

• Understanding the Principles of Project Appraisal, Selection, Design, and Risk Management for Successful Projects
• Introduction to Public-Private Partnerships (PPPs)
• Managing Key Risk Areas in PPPs
• Use of PPPs in Different Sectors and Services
• Roles and Relationships Between Public and Private Parties in PPPs
• Proper Management of PPP Contracts
• Lessons Learned for Adopting and Adapting PPP Models in Future Projects

DAY 5: Project Funding Solutions

• Embedding Risk Management into Daily Operations
• Allocating Resources for Risk Management Activities
• Integrating Risk Management into Project Protocols and Controls
• Risk Management Monitoring and Control Throughout the Project Lifecycle
• Evaluating the Effectiveness of Risk Response Actions and Adjusting Accordingly
• Summarizing Conclusions and Group Discussions