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Risk Management


Guter Trainer, gut und interessant gestaltet. Guter Überblick über das, was und wie die Dinge zu tun sind.



Das Seminar war viel besser als ich gedacht habe und ich konnte viel neues lernen. Die Firma ESI und die Trainer machen Ihre Aufgabe professionell und auch sehr praxisorientiert (Dokumentation, Themen, Aufgaben, Präsensseminar, Kursleitung, Lernerfolg). Also auch aus meiner Sicht rundweg ein guter Erfolg und empfehlenswert.

Program Manager, Brunel


Das Seminar hat mir gut gefallen. Es war inhaltlich interessant moderiert und in angenehmer Atmosphäre.

Projektmanager, Toll Collect


Sehr interessantes Thema, besonders der Punkt Chancen wird in unserer Gesellschaft immer nicht gesehen.

Entwickler, delvin GmbH


Gut strukturierte Unterlagen, nützliche Tools, guter Trainer!

Projektleiter, SICK AG


: I thoroughly enjoyed the Risk Management course and as with all the ESI courses I have attended, I thought the course was well organised and delivered by a very experienced and knowledgeable trainer.

Project Manager, Marathon Oil


Structured and good tools for practice.

Research & Development, Sandvik


I had very good knowledge and it helped me in understanding of the Risk Management in order to implemented at work.

Saudi Aramco


The course was very useful with lots of real examples team experence were very good teamwork is excellent

Project manager, SAI Oman


As the first course I took with ESI, The content of the Risk Management training, its case studies, and practical theories were relevant to my current experience and future needs as a project manager.

Project manager, HP


The lecturer was brilliant. I appreciated very much that he also had REAL industrial experience working as a consultant on risk management (not just a lecturer based on theory)

Market Intelligence Manager, Motorola


Strongly recommend, all important risk management aspects explained and detailed so they can be easily applied in real projects!

Project Manager, Global Blue S.A.


I had a web training because it is cheaper than attending the training in the class (fee + travelling costs) and it is more flexible. Honestly I’m not in favor of the online training but in this case I had to change my mind because ESI did a very good job. It is an interactive training, there is an instructor who will check the online exercises I have done. During the training there is interactions and exercises who help you to check if you understood each section of the course. Well done ESI! Recommended course.

Project Manager, Honeywell


I would happily give the Risk Management course a 5/5 rating, I have attended 3 of your courses now (2 web-based and 1 class-room based) and have been really happy with them all.

Project Manager, Cisco


The course gives you the confidence to effectively prepare for and manage any risk or opportunity that arises during the life of a project.

Project Manager, Crown Agent


The course is fully integrated with Bp Risk And Assurance Process and the project management practical and much the PMP Project Management Body Of Knowledge .

Project Manager, BP, Egypt


4 1/2 Sterne für diesen Kurs!


This was one of the most valuable courses I have attended over the last few years. All the materials were interesting and the tools will be very useful in my day-to-day job!

Production Planning & Coordination Manager, BP

Excellent, met my needs. Very professional course, comprehensive course content, applicable case study. I liked the real world examples provided by the instructor.

IT Project Manager, Ford Motor Company

Dieser Kurs hat meine Erwartungen übertroffen … Der Kursleiter hat es wunderbar verstanden, das theoretische Wissen perfekt in die Praxis umzusetzen. So macht das ganze doppelt so viel Spaß. Ich war sehr begeistert von diesem Seminar!

Project Manager, UBS AG

Another superb class by ESI, hands down best review of risk management I have ever encountered in all of my project management training.

Project Manager, DAF


Principal Production Expert, European Central Bank

Learn how to take a proactive approach to threat and opportunity.

Project management is opportunity management. It is the ability to seize opportunities, minimise threats and achieve optimum results. Too often risk management is seen as reactive, or worse, unresponsive. Nothing could be further from the truth. During Risk Management, you will work through the proactive approach to threat and opportunity. This will be shaped by a clear understanding of the powerful nature of both qualitative and quantitative approaches to risk management.

This course examines threat and opportunity from both a top-down and bottom-up perspective using our proven eight-step risk management process which includes the PMI seven-step process. Using effective tools, including the highly regarded risk assessment model, you will learn how to evaluate and respond to risk at the project and task levels.

You’ll end the course with new practices to apply in your environment and new insights on the implications and advantages of applying risk management well.

What topics will be covered in the course?

Click an individual topic title to expand/contract it or
Expand All Topics | Contract All Topics

  1. Introduction to Risk
    1. Definition and characteristics of "risk"
    2. Elements and factors of risk
      • Event (future occurrence)
      • Probability (uncertainty)
      • Impact (amount at stake)
    3. Types of risk
    4. Components of risk management
      • Identification
      • Quantification
      • Response development
      • Response control
  2. Risk Management Planning and Identifying Risks
    1. Risk management planning
    2. Risk Assessment Model
    3. Risk identification
    4. Idea generation tools and techniques
    5. Delphi Technique
  3. Analysis Fundamentals
    1. Probability and impact
    2. Presenting risk
      • Narrative
      • Qualitative
      • Quantitative
    3. Probability analysis
  4. Analysing and Prioritising Risk
    1. Determining risk tolerances
    2. Analysing risks
    3. Establishing and evaluating profitability
    4. Risk-based financial tools and techniques
    5. Expected-value analysis
    6. Decision trees
    7. Prioritising risks
  5. Risk Response Planning
    1. Risk response strategies for opportunities and threats
    2. Risk acceptance
    3. Risk avoidance
    4. Risk mitigation
      • Probability minimisation
      • Impact minimisation
    5. Transference
    6. Establishing reserves
  6. Execution, Evaluation and Update
    1. Risk Response control
    2. Execute risk strategies
    3. Contingency plans and work-arounds
    4. Risk evaluation
    5. Reassessing risk
    6. Risk documentation

What will I learn?

  • Use a practical, eight-step process to manage project risk
  • Identify threats and opportunities and weigh their relative value in your project
  • Control multiple risks using limited strategies
  • Overcome psychological barriers to risk in stakeholders and team members
  • Make risk and opportunity integral components of your next project plan

Is this course for me?

This course is suitable for all Project Managers, Program Managers and team members who need to develop their knowledge of how to identify, manage and plan for risks, positive and negative. This is a key course for those looking to become PMP certified.

What is included in the price?

All Digital Course Materials

Lunch, snacks, and refreshments on all course days

Online tools and templates

Individual training consultation before and after the course

Does this course help me towards certification/accreditation?

At the end of the course you will get the chance to verify your level of knowledge in a test. You will receive a certificate upon successful participation. This course is also eligible if you aim to achieve an Associate’s or Master’s Certificate from George Washington University. Learn more.

Available as customised in-house training

Let us bring our classes to you! Our in-house training are ideal for groups of 10 or more people. We can provide Off-the-shelf training in the form of our classic courses, or we can provide bespoke training, tailored to your organisational goals and objectives.

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