Project Risk Management
Project Risk Management
Building a successful construction project depends on managing uncertainty effectively. The early stages carry the highest levels of risk, requiring continuous vigilance through sound business and construction practices. The value of managing these risks lies in reducing potential pitfalls while capitalising on emerging opportunities.
However, simply mapping out risk management plans or identifying risks is not sufficient without consistent action. This course bridges the gap, combining lectures, interactive discussions and practical exercises to equip participants to plan, execute and monitor effective risk management throughout the project life cycle.
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What you’ll learn
- To appreciate the need for risk management in the construction environment
- To provide a framework and process for managing risk
- To identify and prioritise potential risk events
- To use established risk management tools and techniques to analyse, manage, monitor and report risks
- To develop and implement risk response strategies
- To understand the overall risk management process.
This course offers
Online
- 16 hours of virtual training.
- Accessible on all standard mobile and desktop devices with internet access.
- e-Certificate of completion.
In-Person
- 16 hours of in-person training.
- Certificate of completion.
- Lunch and snacks provided.
- Held at 320 The Hillside Street, Lynnwood, Pretoria.
- Custom arrangements for larger groups or on-site bookings available on request.
On Site
Contact us for a personalised quote
A course by
ONLINE
R5 200 incl. VAT
You get:
- Certificate of Attendance
- 2 ECSA CPD points, 1 SACPCMP Credit (10 CPD Hours)
*Minimum 85% participation is required to qualify for a CPD certificate
Who this course is for:
- Construction project managers
- Staff in the construction and engineering environment.
- Regulatory agencies.
- Local government groups.
- Environmental groups.
- Community groups.
- Risk management specialists.
- Engineers
- Architects
- Geotechnical experts
- Financial specialists
- Contractors
- Industry tradesmen and professionals
- Other stakeholders in the construction process, from land acquisition through design, construction, and occupancy.
| Course Date | DELIVERY METHOD | COURSE FEE | SECURE YOUR SPOT |
|---|---|---|---|
| 18-19 Nov 2025 | ONLINE | R1 600.00 | Book Now Team Booking |
| 5-6 Feb 2026 | ONLINE | R1 600.00 | Book Now Team Booking |
| 30-31 Mar 2026 | ONLINE | R1 600.00 | Book Now Team Booking |
| Course Date | DELIVERY METHOD | COURSE FEE | SECURE YOUR SPOT |
|---|---|---|---|
| 24 Aug 2026 | ONLINE | R850,00 | COURSE CLOSED |
| 15 Oct 2026 | ONLINE | R1 700,00 | Book Now Team Booking |
Course Content
8 Discussion Points | 16 hours total length
Understanding Project Risk
Understand project risk and uncertainty, including threats, opportunities, risk causes and impacts.
Explore risk exposure, risk appetite, tolerance and thresholds, as well as the importance of continuous risk management and clear risk responsibilities.
Planning Risk Management
Establish an effective risk management approach aligned with project objectives and organisational requirements.
Consider stakeholders, complexity, risk appetite and tolerance, responsibilities, assessment methods and the integration of risk management into the project.
Identifying and Analysing Risks
Identify threats and opportunities, develop effective risk statements and maintain the Risk Register
Assess and prioritise risks using probability, impact, risk proximity, thresholds and qualitative or quantitative analysis.
Planning and Implementing Risk Responses
Select and implement appropriate strategies for threats and opportunities.
Develop response actions, assign responsibility, integrate responses into project activities and manage residual risks, secondary risks, contingency reserves and management reserves.
Monitoring and Controlling Risks
Continuously monitor identified and emerging risks, response effectiveness and risk triggers.
Update the Risk Register, analyse risk trends, communicate risk status and take corrective action when risks change or responses are ineffective.
About this course
The course on risk management provides a comprehensive overview of the principles and practices required to identify, analyse, respond to and monitor risks in project management. It begins with an introduction to fundamental risk concepts, including the distinction between positive and negative risks, levels of project risk and the importance of risk management within project management. Participants will learn about the key components of risk management, including risk registers and reports, risk categorisation and related terminology. The course covers strategic planning for risk management, including factors that influence risk and the inputs required to develop a risk management plan. It also covers techniques for identifying risks and updating risk registers, as well as qualitative and quantitative risk analysis methods. Finally, it addresses risk response strategies, implementation and monitoring and control processes to ensure project objectives are achieved. Overall, the course equips participants with the tools and knowledge required to manage project risks effectively.
Disclaimer: To comply with CPD requirements, participants must actively participate in at least 85% of the online session. Participation is monitored through Slido, which records engagement throughout the training. CPD certificates will only be issued to participants who meet this requirement.
