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Risk Management


All projects are risky, and effective risk management is a key contributor to project and business success. Project risk management is well established, with an agreed process, accepted methods and proven techniques. Despite this consensus, some elements of risk management are still problematic. This intermediate level Master Class addresses these sticking–points, presenting practical solutions to the most difficult parts of the risk process.

:: Key concepts: relating uncertainty, risk, threat & opportunity;
:: Summary of the risk process;
:: Issues with identification: finding and describing risks;
:: Aspects of assessment: defining scales and understanding exposure;
:: Realistic responses: strategies and tactics;
:: Implementation issues: reviews and updates;
:: Keeping it alive: communication and buy-in.

The course includes a number of exercises to allow delegates to practise the areas discussed, providing a safe learning environment where skills can be developed before returning to the workplace. All the exercises, as well as the interventions, will be done in English.

Anyone involved in a project which is subject to uncertainty;
:: Project managers and risk practitioners who wish to extend their skills to manage risk more effectively;
:: Any project stakeholder with an interest in maximising the chances of project success.

Prior experience of project risk management would be helpful though not essential.


Two days

April, 28th and 29th

Hotel Olissippo Oriente - Lisbon, Portugal

PMI/Apogep Members - 790 Euros
Non members - 890 Euros


David HillsonDr David Hillson CMgr FRSA FIRM FCMI HonFAPM PMI-Fellow   is The Risk Doctor. He is recognised globally as a leading thinker and expert practitioner in risk management, and he has made several innovative contributions to the field. He consults, writes and speaks widely on the topic and has received several awards for his work. David’s consulting, speaking and writing is shaped by his motto “Understand profoundly so you can explain simply”, which ensures that his work represents both sound thinking and practical application. David has over 25 years’ experience in risk consulting and he has worked in more than 40 countries, providing support to clients in every major industry sector. David’s input includes strategic direction to organisations facing major risk challenges, as well as tactical advice on achieving value and competitive advantage from effectively managing risk.


1. Course introduction
Course objectives
Delegate introductions

2. Key concepts
Uncertainty and objectives
Risk, threat and opportunity

3. Risk process summary
Key stages
Main techniques

4. Issues with identification
When is a risk not a risk? Using metalanguage
How to find risks – key techniques
Ensuring complete coverage – the RBS

5. Assessment areas
How high is “High”? Defining scales
Improving resolution – P-I Scoring
Patterns of risk exposure – WBS/RBS mapping

6. Realistic responses
Strategies and tactics
Using metalanguage to design responses

7. Implementation issues
Just Do It: actions, reviews and updates
How much is enough?

8. Keep it alive
Communication strategies
Creating management buy-in

9. Course conclusion
Where next?
Other delegate issues

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