Project Risk Management Certification Training

This training equips participants with the skills to identify, assess, analyze and manage risks that can impact the success of projects. Effective risk management is a key differentiator for delivering projects on time, within budget and in alignment with organizational goals. In this course, risk management experts with practical experience guide learners through the tools and techniques used to proactively address project threats and opportunities and develop robust risk response strategies using a real case study.

• Introduction to projects and project risk fundamentals.
• Human aspects of risk management (risk attitudes: risk taking, neutral and risk averse).
• Risk management as a proactive approach to handling uncertainty.
• Threats, opportunities, known risks and unknown risks.
• Business versus pure risks.
• Risk categories and development of a risk breakdown structure (RBS).
• Risk identification (threats and opportunities).
• Risk analysis and assessment (probability and impact).
• Qualitative risk analysis and probability‑impact matrix.
• Quantitative risk analysis including expected monetary value and decision tree analysis.
• Developing risk response strategies for threats and opportunities.
• Contingent risk response strategies.
• Implementing risk responses and monitoring risks throughout the project life cycle.

• There are no formal prerequisites for attending this course. It is suitable for professionals who want to build or strengthen their understanding of project risk management and its application across project environments.

• Risk Management professionals interested in project risk techniques.
• Project Managers responsible for delivering project outcomes.
• Program Managers overseeing multiple related projects.
• Project Engineers and Project Coordinators.
• Planning Engineers and Team Leads working on project execution.
• Sponsors, Project Directors and Portfolio Managers seeking structured risk management skills.

• 20 multiple-choice questions covering all course modules
• Passing requirement: at least 15 correct answers
• Two attempts allowed to achieve a passing score
• Certificate issued upon successful completion of the exam

Obtaining the Project Risk Management Certification with training equips professionals with practical, structured skills to identify, assess, prioritise and mitigate risks throughout the project lifecycle. Rather than learning concepts in isolation, this training teaches participants how to build risk registers, evaluate risk probability and impact, apply quantitative and qualitative risk analysis techniques, develop risk response plans and integrate risk management into project planning and execution. With real‑world scenarios and tools, learners can anticipate threats and opportunities, reduce uncertainty, enhance stakeholder confidence and improve project outcomes across scope, time, cost and quality dimensions. This makes the certification valuable not only for project managers but also for team leads, program managers and risk practitioners who are accountable for delivering complex initiatives successfully.

From a career and financial perspective, earning this certification with guided training can significantly enhance professional credibility, employability and salary potential. Organisations across industries - including construction, technology, finance and energy - are increasingly seeking professionals who can proactively manage project risk and drive consistent delivery performance. Depending on experience and sector, certified professionals such as Project Risk Managers, Project Managers, PMO Leads and Risk & Controls Specialists can command annual salaries ranging from $80,000 to $120,000, with senior or specialised roles in large enterprises or consultancy practices exceeding $140,000. By combining a recognised certification with practical training, participants not only validate their expertise but also position themselves as indispensable contributors to project success and organisational resilience.

With a 15-year career, he has gained extensive experience at major multinational organizations, driving project excellence using LEAN, PMP, PRINCE2 and Agile ITSM. He is an active practitioner in DevOps, Lean and Six Sigma within ITSM and is passionate about developing the core competencies of professionals in process development, deployment and improvement to continually enhance efficiency. Experienced across domains including ITES, ITSM, software and financial organizations, he has trained and mentored over 2,000 professionals worldwide through both online and in-person sessions on CAPM, PMP, Agile, Lean and Business Analysis. He also brings deep implementation expertise in Balanced Scorecard, BPM, process re-engineering, CMM and simulation.

By the end of this course, participants will be able to:

• Explain the fundamentals of project risk management and its importance in achieving project success.
• Identify and categorize project risks, including threats and opportunities.
• Apply qualitative and quantitative risk analysis techniques to prioritize risks.
• Develop risk response strategies and incorporate them into project planning.
• Implement and monitor risk responses to enhance project resilience and performance.