European Institute of Management and Finance | Project and Risk Management Essentials for Non-Project Managers
63168
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Project and Risk Management Essentials for Non-Project Managers

Project and Risk Management Essentials for Non-Project Managers

 

This programme will introduce participants to the world of Project Management with a basic overview of definitions and processes and some tools and techniques used in PM.

 

Project Management is very important because it ensures the best focus with work done correctly, efficiently and effectively resulting in satisfied stakeholders, achievements of business objectives and within project constrains.

 

 

Training Objectives

 

By the end of the programme, participants will be able to:

 

  • Be aware of the various risk management standards
  • Understand what risk is, uncertainty and risk management
  • Understand the principles of risk management and their application to enterprise risk management
  • Understand the elements of and how to establish a risk management framework
  • Understand the various types of risks and hazards
  • Understand risk appetite and risk tolerance
  • Understand the link between risk management and strategic planning and how to apply it in practice
  • Follow a process of managing a project
  • Learn about the Knowledge Areas
  • Prepare a Stakeholder Analysis
  • Use a Gantt chart for scheduling (time)
  • Determine a project budget
  • Learn the process of risk planning

 

 

Programme Outline

 

Risk Management

 

Introduction

  • What is risk
  • What is uncertainty
  • Principles of risk management
  • Aims of enterprise wide risk management
  • Increasing global complexity of risk

 

Risk Management Frameworks and standards

  • COSO Enterprise Risk Management
  • ISO 31000:2018 Risk Management Principles and guidelines
  • Other standards
  • Risk appetite and risk tolerance
  • Risk management and strategic planning
  • The corporate risk profile

 

Types and impact of risk on organisations

  • Defining risk and hazard
  • Types of risk
  • Types of hazards
  • Impact of risks
  • Recording risk assessments

 

The Risk Management Process

  • Establishing the context
  • Risk assessment
  • Risk reduction and controls
  • Risk financing
  • Feedback mechanisms

 

Costs and benefits of Risk Management

  • Cost of risk
  • Benefits of Risk Management

 

Risk Management in the Organisation

  • The history of risk management
  • The three lines of defence model
  • Developing a risk aware culture

 

Organisation strategy, objectives, responsibilities, structure

  • Risk Management Responsibilities
  • Elements of a risk management framework
  • Risk monitoring and reviewing

 

Strategic Risk Management

  • The strategic direction of risk management
  • Risk appetite and risk tolerance
  • Risk management and strategic planning
  • The corporate risk profile

 

Types and impact of risk on organisations

  • Defining risk and hazard
  • Types of risk
  • Types of hazards
  • Impact of risks
  • Recording risk assessments

 

The Risk Management Process

  • Establishing the context
  • Risk assessment
  • Risk reduction and controls
  • Risk financing
  • Feedback mechanisms

 

Costs and benefits of Risk Management

  • Cost of risk
  • Benefits of Risk Management

 

 

Project Management

 

Introduction

  • What is a Project?
  • What is Project Management?
  • Tailoring
  • The Project Manager
  • The Project environment

Knowledge areas: a brief introduction for each of the areas

 

Project Management process group – a journey through a project

  • Initiating – Stakeholder analysis
  • Planning – Scheduling (Gantt diagram), Project Budget, Risks analysis
  • Executing
  • Monitoring & controlling
  • Closing

 

Other PM related topics

  • Ethics
  • Project Management Office (PMO)
  • Agile Project Management

 

Programme closing

  • Revision
  • Q&A
  • Feedback

 

 

CPD Recognition

 

This programme may be approved for up to 14 CPD units in Project Management. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.

 

Professionals requiring CPD units to meet the education requirements for an occupational licence renewal, and/or for maintaining other professional memberships/certifications which accept CPD in Project Management, are advised to consider training subjects in categories that indicate  CPD in Project Management.

 

 

Training Style

 

The programme is designed to deliver knowledge and enhance participants’ skills via short lectures, presentations, case-studies and real -life examples.  Participants will benefit from feedback at the end of the programme and take away the knowledge gained to be transferred to their workplace. Significant time will be invested in analysing time will be invested in analysing a real-life case study that will help participants understand how to manage risks.

 

Participants will also be asked to go through the steps of managing a project, from initiation to completion, in order to practically comprehend the processes, along with the use of some of the tools and techniques used in Project Management.

 

A feedback session will be held at the end of the session to recap on the knowledge and skills learned during the programme.

 

 

Who should attend

 

  • Mid-level and Senior Managers
  • Compliance Officers
  • Project managers
  • Risk managers
  • Finance and accounting managers
  • Investment executives and managers
  • Internal auditors
  • Internal Lawyers
  • External Auditors, Lawyers and Financial Consultants