The risk assessment and modelling in projects is an essential skill in an increasingly competitive and changing business environment. The course Risk Assessment and Modelling in Projects offers you the opportunity to acquire the fundamental knowledge needed to identify, analyse and manage risks effectively. In a booming sector, where the demand for professionals trained in risk management is growing, this training programme becomes a strategic investment for your career. You’ll learn how to apply models of qualitative and quantitative analysis, as well as how to use advanced tools such as Monte Carlo simulation. This course will enable you to make informed decisions and minimise uncertainties, preparing you to tackle the challenges of today’s market. Take part in this training will enhance your skills and it will open doors for you in a professional world that values proactivity and the ability to anticipate risks. Sign up and take a step forward in your professional future!
Risk Assessment and Modelling in Projects
Project Management
40 hours
Introduction
Objectives
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Understanding the concept of risk and its relationship with uncertainty in investment projects.
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Identify and classify risks relevant throughout the life cycle of a project.
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Apply techniques qualitative analysis to assess and assess risks in investments.
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Perform quantitative analysis for quantifying risks in investment projects.
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Use simulation methods such as Monte Carlo to enable informed decision-making.
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Developing skills in tools such as Oracle Crystal Ball for risk analysis.
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Integrating risk analysis into the planning and management projects on investment.
Table of Contents
TEACHING UNIT 1. RISK IN INVESTMENT PROJECTS
The concept of risk and uncertainty
Risk-related elements and approaches
Risk management throughout a project’s life cycle
Project risk management processes
Analytics applied to risk management
TEACHING UNIT 2. MODELS FOR QUALITATIVE RISK ANALYSIS
Risk analysis in projects
Identifying investment risks
Qualitative risk analysis
Risk rating or ranking
Other considerations regarding risk assessment
TEACHING UNIT 3. MODELS FOR QUANTITATIVE RISK ANALYSIS
Quantitative risk analysis
Risk quantification
Basic methods of quantitative risk analysis
Complex methods of quantitative risk analysis
Financial risk models for projects
TEACHING UNIT 4. CASE STUDY: MONTECARLO SIMULATION AND DECISION-MAKING
Introduction to Oracle Crystal Ball
Project Cost Estimation Case Study
Case study: financial risk analysis for a project
Introduction to Oracle Primavera Risk Analysis
Case study: project cost-time risk
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