Disclaimer: Cardiff Institute operates as an independent institute and is not administered or affiliated with any universities in the United Kingdom

Project Risk Management

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Why Attend

The aim of this course is to enable participants to plan, manage and control project risks. By taking this course, participants will learn to develop project risk management plans and identify project risks related to a project’s triple constraints which are: scope, schedule and resources. They will learn to qualify and quantify project risks and develop appropriate risk responses, and will design and calculate key performance indicators for monitoring and controlling project risks. 

Course Methodology

The course uses a mix of interactive techniques, such as brief presentations by the consultant and the participants and group exercises. The course also includes calculations and analysis of real case studies related to project risk management. 

Target Audience

This course has been designed for project risk managers, risk owners, project managers, members of the project office, project sponsors, functional managers, senior management and individuals interested in project risk management. Meirc is assigned as a Registered Educational Provider (REP) with the Project Management Institute (PMI®). This course is worth 12 Professional Development Units (PDUs).

Course Objectives

Provided by SQ, this programme is available by distance learning, allowing you to study flexibly while balancing work and personal lifes.


Plan risk management and manage the risk register

Identify project risks using different techniques

Perform qualitative risk analysis to determine the overall project risk score

Perform quantitative risk analysis by utilizing techniques such as Monte Carlo simulation and decision tree analysis

Plan strategies for negative and positive risks

Review and control project risks through reassessments and audits

Target Audience


planning risks

identifying risks

assessing risks

evaluating responses

monitoring risks

reviewing risks

Course Outline


Introduction to project risk management

Performing Quantitative Risk Analysis

Planning Risk Management

Developing risk response strategies

Identifying project risks

Implementing responses and monitoring risks

Performing Qualitative risk analysis

Program Methodology


In person

Online