Risk Management in  Project Management
Stanwick Academy

Risk Management in Project Management

Every project, small or large, strategic or tactical, by definition has some degree of uncertainty and risk. The newer or more unique the project, the greater the uncertainty and therefore the greater the number of risks. The more strategic the project, the greater the impact of the risks. As project manager, your job is not only to proactively identify these risks, but above all to manage them and minimise their impact. By detecting, analysing and managing the risks within your projects, you guarantee the success of your project portfolio.
In this course you will learn:
- Identify and manage the risks of your project
- Techniques and methods to minimise the risk of your projects
- Manage risks qualitatively and quantitatively
Request your quote

Approach

  • This training consists of 2 (consecutive or non-consecutive) training days.
  • The training offers a mix of theoretical underpinning and practical exercises.
  • Each participant should preferably have a project as a project leader or project team member.
  • The training offers the opportunity for experience exchange with other participants.
  • The learning experience is supported and enhanced by the use of an online learning platform.
  • A training certificate can be provided.

More about Stanwick Academy


What can you expect?

  • This course has been specially developed for project managers and leaders who are responsible for the risk management of their projects. The theory and practical examples provided are applicable in various types of projects, both technical and non-technical.
  • At the end of this 2-day programme, you will have a broad overview of the various possibilities and their scope. In this way, you can not only perfectly assess the risks of your project(s), but also manage and - if desired - avoid them.
  • The programme consists of 8 modules covering the various topics.

Programme

Module 1: Introduction to projects, project management and risk management

  • Introduction to project management.
  • The project management process flow : the life cycle or project phases of the project.
  • Delineating and defining a project

Module 2: Introduction to risk management

  • The concept of risk (versus critical success factors)
  • The concepts of risk analysis and risk management
  • The usefulness and purpose of risk assessments

Module 3: Risk management planning

  • Methodology - process
  • Involved parties: roles and responsibilities
  • Budgeting and timing
  • Risk categories

Module 4: Risk identification (positive and negative risks)

  • Information gathering techniques
  • Analysis/diagram techniques
  • Risk register

Module 5: Qualitative & quantitative risk analysis

  • Use of the Probability-Impact Matrix
  • Categorisation of risks
  • Probability distribution
  • Decision tree analysis
  • Simulation models

Module 6: Managing risks in a planned way

  • Strategies to deal with risks (incl. progressive freeze, multipath, aggressive scheduling, ...)
  • Integration of risk management into project management strategy

Module 7: Monitoring and processing risks

  • Risk reviews and audits

Module 8: Techniques & methods (with practical examples)

  • Hazard Analysis
  • SWIFT
  • FMEA (Failure Modes and Effects Analysis)
  • Fault Tree Analysis; Cause & Effect Analysis
  • SOBANE (Screening, Observation, Analysis, Expertise)
  • KINNEY (quantification of risks & formulation of corrective measures)

Target group

  • Communication in and around projects
  • Creating commitment in and around projects
  • Dealing with change in projects (including scope changes)
  • Dealing with resistance in projects

Testimonials

"The approach Stanwick developed for implementing Performance Management is practical, powerful, realistic and very respectful of what lives on the shop floor. Collaboration, between teams and people, during and after implementation are central and secure sustainable practices that drive continuous improvement!"

Participant

"Stanwick's strength is that they also thoroughly work out the "behavioural component" of projects. You notice this not only in the content of the training, but also in the cooperation. The trainers we work with know very well how to sense exactly what the client needs and when. Once the needs are clear, they create a tailor-made and appropriate training. The special rapport with us as customers, creates a partnership for the future. The origin story of "LEAN" around those aircraft, can still fascinate and retell everyone who was in the training."

Participant

"If statistics were explained in the same practical way in our school study, more people would deal with data more professionally."
"A course that I hated at the university suddenly becomes a passion and my most important tool for process improvement."
"Unbelievable how ignorant and clumsy we dealt with data before this training."
"It is unbelievable how we can better understand and make our process easier to understand with a very limited number of tests (Design of Experiments)."
"The pallet of tools provided now allows us to find the causes and find solutions for practically all problems."
"The tools provided in the Green Belt are now also much clearer to us."
"The importance of statistical process control is seriously underestimated and it is not understandable that it will no longer be applied."

Participant

"Interesting content brought in an interactive way. Good exercises."
"Very interactive course, with also interaction between the different participants of the training. Challenging us with the exercises gave me an extra incentive to do well."
"I learned a lot to work with effectively."
"Good energy, well explained, trainer really fun and professional. really good balance between seriousness and fun. The way the training went was perfect. Really good way to respect our "flow". She was very flexible and adapted the training to the audience, which is not easy."
"Thanks to the training, I can now use tools to make my workload/time more efficient."

Participant

"Strong interaction with own examples from the group."
"One of the better trainings that I have already attended. Concrete and useful tips."
"Very interesting training as a capstone for tackling projects."
"I am very happy that I took the course because it really adds value to my ongoing projects."
"Theory becomes very practical by working with actual projects."

Participant

"A course that I hated at the university suddenly becomes a passion and my most important tool for process improvement."

Participant

"The pallet of tools provided now allows us to find the causes and find solutions for practically all problems."

Participant

"The tools provided in the Green Belt are now also much clearer to us."

Participant

"Unbelievable how ignorant and clumsy we dealt with data before this training."

Participant

"It is unbelievable how we can better understand and make our process easier to understand with a very limited number of tests (Design of Experiments)."

Participant

"If statistics were explained in the same practical way in our school study, more people would deal with data more professionally."

Participant

"Interesting content brought in an interactive way. Good exercises."
"Very interactive course, with also interaction between the different participants of the training. Challenging us with the exercises gave me an extra incentive to do well."
"I learned a lot to work with effectively."
"Good energy, well explained, trainer really fun and professional. really good balance between seriousness and fun. The way the training went was perfect. Really good way to respect our "flow". She was very flexible and adapted the training to the audience, which is not easy."
"Thanks to the training, I can now use tools to make my workload/time more efficient."

Participant

"The importance of statistical process control is seriously underestimated and it is not understandable that it will no longer be applied."

Participant

"Interesting content brought in an interactive way. Good exercises."
"Very interactive course, with also interaction between the different participants of the training. Challenging us with the exercises gave me an extra incentive to do well."
"I learned a lot to work with effectively."
"Good energy, well explained, trainer really fun and professional. really good balance between seriousness and fun. The way the training went was perfect. Really good way to respect our "flow". She was very flexible and adapted the training to the audience, which is not easy."
"Thanks to the training, I can now use tools to make my workload/time more efficient."

Participant

"Interesting content brought in an interactive way. Good exercises."
"Very interactive course, with also interaction between the different participants of the training. Challenging us with the exercises gave me an extra incentive to do well."
"I learned a lot to work with effectively."
"Good energy, well explained, trainer really fun and professional. really good balance between seriousness and fun. The way the training went was perfect. Really good way to respect our "flow". She was very flexible and adapted the training to the audience, which is not easy."
"Thanks to the training, I can now use tools to make my workload/time more efficient."

Participant

"Interesting content brought in an interactive way. Good exercises."
"Very interactive course, with also interaction between the different participants of the training. Challenging us with the exercises gave me an extra incentive to do well."
"I learned a lot to work with effectively."
"Good energy, well explained, trainer really fun and professional. really good balance between seriousness and fun. The way the training went was perfect. Really good way to respect our "flow". She was very flexible and adapted the training to the audience, which is not easy."
"Thanks to the training, I can now use tools to make my workload/time more efficient."

Participant

"The training helped me to understand how to solve complex problems in a structured way.”
“The training is highly applicable within my own work area, it is very practical.”
“After the Green Belt training, you realise what you’re getting yourself into when starting a process improvement project.”
“Certainly one of the better courses.”
“The link to practice makes statistics a very interesting and useful fact."
"Not only useful for Six Sigma projects, but surely also in day-to-day life/work."
“Insight into the practical use of these methodologies, case studies are realistic.”
“Very open attitude to the trainers, they responded well to needs of the group.”

Participant

"The training helped me to understand how to solve complex problems in a structured way.”
“The training is highly applicable within my own work area, it is very practical.”
“After the Green Belt training, you realise what you’re getting yourself into when starting a process improvement project.”
“Certainly one of the better courses.”
“The link to practice makes statistics a very interesting and useful fact."
"Not only useful for Six Sigma projects, but surely also in day-to-day life/work."
“Insight into the practical use of these methodologies, case studies are realistic.”
“Very open attitude to the trainers, they responded well to needs of the group.”

Participant

"The training helped me to understand how to solve complex problems in a structured way.”
“The training is highly applicable within my own work area, it is very practical.”
“After the Green Belt training, you realise what you’re getting yourself into when starting a process improvement project.”
“Certainly one of the better courses.”
“The link to practice makes statistics a very interesting and useful fact."
"Not only useful for Six Sigma projects, but surely also in day-to-day life/work."
“Insight into the practical use of these methodologies, case studies are realistic.”
“Very open attitude to the trainers, they responded well to needs of the group.”

Participant

"The training helped me to understand how to solve complex problems in a structured way.”
“The training is highly applicable within my own work area, it is very practical.”
“After the Green Belt training, you realise what you’re getting yourself into when starting a process improvement project.”
“Certainly one of the better courses.”
“The link to practice makes statistics a very interesting and useful fact."
"Not only useful for Six Sigma projects, but surely also in day-to-day life/work."
“Insight into the practical use of these methodologies, case studies are realistic.”
“Very open attitude to the trainers, they responded well to needs of the group.”

Participant

"The training helped me to understand how to solve complex problems in a structured way.”
“The training is highly applicable within my own work area, it is very practical.”
“After the Green Belt training, you realise what you’re getting yourself into when starting a process improvement project.”
“Certainly one of the better courses.”
“The link to practice makes statistics a very interesting and useful fact."
"Not only useful for Six Sigma projects, but surely also in day-to-day life/work."
“Insight into the practical use of these methodologies, case studies are realistic.”
“Very open attitude to the trainers, they responded well to needs of the group.”

Participant

"The training helped me to understand how to solve complex problems in a structured way.”
“The training is highly applicable within my own work area, it is very practical.”
“After the Green Belt training, you realise what you’re getting yourself into when starting a process improvement project.”
“Certainly one of the better courses.”
“The link to practice makes statistics a very interesting and useful fact."
"Not only useful for Six Sigma projects, but surely also in day-to-day life/work."
“Insight into the practical use of these methodologies, case studies are realistic.”
“Very open attitude to the trainers, they responded well to needs of the group.”

Participant

"The training helped me to understand how to solve complex problems in a structured way.”
“The training is highly applicable within my own work area, it is very practical.”
“After the Green Belt training, you realise what you’re getting yourself into when starting a process improvement project.”
“Certainly one of the better courses.”
“The link to practice makes statistics a very interesting and useful fact."
"Not only useful for Six Sigma projects, but surely also in day-to-day life/work."
“Insight into the practical use of these methodologies, case studies are realistic.”
“Very open attitude to the trainers, they responded well to needs of the group.”

Participant

"The training has given me insight to solve complex problems in a structured way."
"The training is strongly applicable within own work domain, very practical."
"The link to practice makes the lean philosophy a very interesting and useful read."
"Not only useful for Lean projects, but surely also in day-to-day life/work."
"After the training, you know what you are getting into in a project, or what you are not getting into."
"Insight into practical application, real-life examples are realistic."

Participant

“The training helped me to understand how to solve complex problems in a structured way.”
“The training is highly applicable within my own work area, it is very practical.”
“After the Green Belt training, you realise what you’re getting yourself into when starting a process improvement project.”
“Certainly one of the best courses.”
“The training convinced me of the practical use of statistics.”
“Useful not only for Six Sigma projects, but certainly also in my daily life / work”
“Insight into the practical use of these methodologies, case studies are realistic.”
“Very open attitude of the trainers, they responded well to needs of the group.”

Participant

“The training helped me to understand how to solve complex problems in a structured way.”
“The training is highly applicable within my own work area, it is very practical.”
“After the Green Belt training, you realise what you’re getting yourself into when starting a process improvement project.”
“Certainly one of the best courses.”
“The training convinced me of the practical use of statistics.”
“Useful not only for Six Sigma projects, but certainly also in my daily life / work”
“Insight into the practical use of these methodologies, case studies are realistic.”
“Very open attitude of the trainers, they responded well to needs of the group.”

Participant

"The training has given me insight to solve complex problems in a structured way."
"The training is strongly applicable within own work domain, very practical."
"The link to practice makes the lean philosophy a very interesting and useful read."
"Not only useful for Lean projects, but surely also in day-to-day life/work."
"After the training, you know what you are getting into in a project, or what you are not getting into."
"Insight into practical application, real-life examples are realistic."

Participant

"The training has given me insight to solve complex problems in a structured way."
"The training is strongly applicable within own work domain, very practical."
"The link to practice makes the lean philosophy a very interesting and useful read."
"Not only useful for Lean projects, but surely also in day-to-day life/work."
"After the training, you know what you are getting into in a project, or what you are not getting into."
"Insight into practical application, real-life examples are realistic."

Participant

"The training has given me insight to solve complex problems in a structured way."
"The training is strongly applicable within own work domain, very practical."
"The link to practice makes the lean philosophy a very interesting and useful read."
"Not only useful for Lean projects, but surely also in day-to-day life/work."
"After the training, you know what you are getting into in a project, or what you are not getting into."
"Insight into practical application, real-life examples are realistic."

Participant

"The training has given me insight to solve complex problems in a structured way."
"The training is strongly applicable within own work domain, very practical."
"The link to practice makes the lean philosophy a very interesting and useful read."
"Not only useful for Lean projects, but surely also in day-to-day life/work."
"After the training, you know what you are getting into in a project, or what you are not getting into."
"Insight into practical application, real-life examples are realistic."

Participant

“The training helped me to understand how to solve complex problems in a structured way.”
“The training is highly applicable within my own work area, it is very practical.”
“After the Green Belt training, you realise what you’re getting yourself into when starting a process improvement project.”
“Certainly one of the best courses.”
“The training convinced me of the practical use of statistics.”
“Useful not only for Six Sigma projects, but certainly also in my daily life / work”
“Insight into the practical use of these methodologies, case studies are realistic.”
“Very open attitude of the trainers, they responded well to needs of the group.”

Participant

“The training helped me to understand how to solve complex problems in a structured way.”
“The training is highly applicable within my own work area, it is very practical.”
“After the Green Belt training, you realise what you’re getting yourself into when starting a process improvement project.”
“Certainly one of the best courses.”
“The training convinced me of the practical use of statistics.”
“Useful not only for Six Sigma projects, but certainly also in my daily life / work”
“Insight into the practical use of these methodologies, case studies are realistic.”
“Very open attitude of the trainers, they responded well to needs of the group.”

Participant

“The training helped me to understand how to solve complex problems in a structured way.”
“The training is highly applicable within my own work area, it is very practical.”
“After the Green Belt training, you realise what you’re getting yourself into when starting a process improvement project.”
“Certainly one of the best courses.”
“The training convinced me of the practical use of statistics.”
“Useful not only for Six Sigma projects, but certainly also in my daily life / work”
“Insight into the practical use of these methodologies, case studies are realistic.”
“Very open attitude of the trainers, they responded well to needs of the group.”

Participant

“The training helped me to understand how to solve complex problems in a structured way.”
“The training is highly applicable within my own work area, it is very practical.”
“After the Green Belt training, you realise what you’re getting yourself into when starting a process improvement project.”
“Certainly one of the best courses.”
“The training convinced me of the practical use of statistics.”
“Useful not only for Six Sigma projects, but certainly also in my daily life / work”
“Insight into the practical use of these methodologies, case studies are realistic.”
“Very open attitude of the trainers, they responded well to needs of the group.”

Participant

"The training has given me insight to solve complex problems in a structured way."
"The training is strongly applicable within own work domain, very practical."
"The link to practice makes the lean philosophy a very interesting and useful read."
"Not only useful for Lean projects, but surely also in day-to-day life/work."
"After the training, you know what you are getting into in a project, or what you are not getting into."
"Insight into practical application, real-life examples are realistic."

Participant

“The training helped me to understand how to solve complex problems in a structured way.”
“The training is highly applicable within my own work area, it is very practical.”
“After the Green Belt training, you realise what you’re getting yourself into when starting a process improvement project.”
“Certainly one of the best courses.”
“The training convinced me of the practical use of statistics.”
“Useful not only for Six Sigma projects, but certainly also in my daily life / work”
“Insight into the practical use of these methodologies, case studies are realistic.”
“Very open attitude of the trainers, they responded well to needs of the group.”

Participant

“The training helped me to understand how to solve complex problems in a structured way.”
“The training is highly applicable within my own work area, it is very practical.”
“After the Green Belt training, you realise what you’re getting yourself into when starting a process improvement project.”
“Certainly one of the best courses.”
“The training convinced me of the practical use of statistics.”
“Useful not only for Six Sigma projects, but certainly also in my daily life / work”
“Insight into the practical use of these methodologies, case studies are realistic.”
“Very open attitude of the trainers, they responded well to needs of the group.”

Participant

“Within our organisation we are convinced that the principles of Lean Manufacturing and Continuous Improvement form the basis to understand and tackle performance losses. To be able to translate this conviction into practical improvement projects, we turned to Stanwick because they were able to provide training specifically tailored to our business. For each element of a Lean Production System, Stanwick could provide very concrete and recognisable examples to clarify the theory. As a result, 8 participants from different departments, with new insights and a lot of enthusiasm, have successfully completed a Lean Green Belt Project. During this training and during the implementation of the projects, the participants were forced to look in a different way at the organisation and processes within their specific department and the link to other departments. We now see a close team that has become stronger in recognising losses and in identifying flows within manufacturing. Through this approach, improvements have been made to processes that would otherwise not have been questioned. We can therefore demonstrate that this training has more than exceeded the investment. It is now up to us to make this improvement culture grow further in our company."

Participant

“Within our organisation we are convinced that the principles of Lean Manufacturing and Continuous Improvement form the basis to understand and tackle performance losses. To be able to translate this conviction into practical improvement projects, we turned to Stanwick because they were able to provide training specifically tailored to our business. For each element of a Lean Production System, Stanwick could provide very concrete and recognisable examples to clarify the theory. As a result, 8 participants from different departments, with new insights and a lot of enthusiasm, have successfully completed a Lean Green Belt Project. During this training and during the implementation of the projects, the participants were forced to look in a different way at the organisation and processes within their specific department and the link to other departments. We now see a close team that has become stronger in recognising losses and in identifying flows within manufacturing. Through this approach, improvements have been made to processes that would otherwise not have been questioned. We can therefore demonstrate that this training has more than exceeded the investment. It is now up to us to make this improvement culture grow further in our company."

"Stanwick's strength is that they also thoroughly work out the "behavioural component" of projects. You notice this not only in the content of the training, but also in the cooperation. The trainers we work with know very well how to sense exactly what the client needs and when. Once the needs are clear, they create a tailor-made and appropriate training. The special rapport with us as customers, creates a partnership for the future. The origin story of "LEAN" around those aircraft, can still fascinate and retell everyone who was in the training."

Participant

"After an introductory game to immerse everyone in the Obeya mindset and the working groups setting the right KPIs, we were ready to really get started. Obeya has since been rolled out at various levels across almost the entire organisation and we clearly see the added value."

Participant

"After an introductory game to immerse everyone in the Obeya mindset and the working groups setting the right KPIs, we were ready to really get started. Obeya has since been rolled out at various levels across almost the entire organisation and we clearly see the added value."

Participant

"Our team workshop was really illuminating and enjoyable."

-

"Very interesting and enriching experience!"

-

‘In an interactive and playful way, you learn very clearly the fundamentals of Obeya’
‘Strong interaction with own examples from the group.’
‘Very interesting training as a capstone to get started with Obeya.’
‘I am very glad I took the course because it really adds value to my ongoing projects.’
‘Theory becomes very practical by working with real projects.’

Participant

‘In an interactive and playful way, you learn very clearly the fundamentals of Obeya’
‘Strong interaction with own examples from the group.’
‘Very interesting training as a capstone to get started with Obeya.’
‘I am very glad I took the course because it really adds value to my ongoing projects.’
‘Theory becomes very practical by working with real projects.’

-

"The Stanwick team has provided my HR team with excellent training, coaching and serious challenges in the analysis of our HR processes. This way, the HR team can take further steps in realising its mission to make competent, performing and committed personnel available to our customer in an efficient and customer-oriented way."

Participant

"Very interactive course, with also interaction between the different participants of the training. Challenging us with the exercises gave me an extra incentive to do well."
"Good energy, well explained, trainer really fun and professional. Really good balance between seriousness and fun. The way the training went was perfect. Really good way to respect our "flow". She was very flexible and adapted the training to the audience, which is not easy."
"Thanks to the training, I can now use tools to make my workload/time more efficient."
"I have learned a lot to work with effectively."

-

‘In an interactive and playful way, you learn very clearly the fundamentals of Obeya’
‘Strong interaction with own examples from the group.’
‘Very interesting training as a capstone to get started with Obeya.’
‘I am very glad I took the course because it really adds value to my ongoing projects.’
‘Theory becomes very practical by working with real projects.’

Participant

‘In an interactive and playful way, you learn very clearly the fundamentals of Obeya’
‘Strong interaction with own examples from the group.’
‘Very interesting training as a capstone to get started with Obeya.’
‘I am very glad I took the course because it really adds value to my ongoing projects.’
‘Theory becomes very practical by working with real projects.’

-

"Interesting content brought in an interactive way. Good exercises."
"Very interactive course, with also interaction between the different participants of the training. Challenging us with the exercises gave me an extra incentive to do well."
"Good energy, well explained, trainer really fun and professional. Really good balance between seriousness and fun. The way the training went was perfect. Really good way to respect our "flow". She was very flexible and adapted the training to the audience, which is not easy."
"Thanks to the training, I can now use tools to make my workload/time more efficient."
"I have learned a lot to work with effectively."

Participant

Still have questions?
We are happy to help.
Contact us
period

2 days

location

Hybride

level

Fundamentals

contact

info@stanwick.be

Request your quote downloadDownload the information brochure
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Bring knowledge to your company

Our training courses respond to the business context and specific working situation of the participants to the maximum extent. The knowledge, models and techniques introduced are immediately applicable in practice.

More about Stanwick Academy