Effective Risk Management for Professionals (6 PDHs)

Daily Schedule:
5:00pm MST - Session begins
8:00pm MST - Adjournment
This course is divided into two sessions. Each session will be 3 hours in duration. The sessions will be held on May 21 & 28. 
This course explains the risk management process for a typical project from risk planning and assumptions analysis to risk monitoring and control. The course covers the following risk management processes: risk planning, risk identification, qualitative and quantitative risk management techniques, risk response planning, and risk monitoring and control. Attendees will be required to participate in class exercises as well as individual and group work.
Upon successful completion of this course, participants will be able to
  • Understand the content of a Risk Management Plan
  • Develop a risk breakdown structure, using different techniques and understand how to identify risks for inclusion in the Risk Register
  • Use risk prioritization techniques to rank construction risks
  • Apply quantitative techniques to determine project contingency
  • Plan Construction Project Risk Responses & Monitor and Control significant risks and implement proper mitigation strategies
Who should attend
This seminar is intended for project managers, functional managers, and other professionals involved in planning, executing, and monitoring and controlling projects to help better plan, identify, analyze, control, and respond to project risks as well as to estimate project contingency. Basic understanding of project management knowledge is encouraged but is not required. 

Mohamed Elbarkouky

Dr. Mohamed Elbarkouky, PhD, P.Eng., PMP - Project Management Training Solutions LTD

Dr. Elbarkouky is an expert in project and performance management and control. He has more than 17 years of practical experience in his field of practice. He managed and controlled a large number of complex projects in Canada, the U.S., Europe, Africa, and the Middle East. He has extensive experience of oil and gas, power plants, infrastructure, and building construction projects. Dr. Elbarkouky has a Ph.D. in construction engineering and management from the University of Alberta. He is also a Professional Engineer of APEGA and a Project Management Professional (PMP) of the PMI. He is the founder of a project management training organization that is specialized in teaching professional and academic courses in project management, risk analysis, performance management, lean construction, contract administration, scheduling, cost estimation, and project planning and control in Alberta, Saskatchewan, BC, and NWT. He is teaching for major academic institutions in Alberta, such as NAIT, UofA, and GIC.
1. Introduction to Project Risk Management: definitions, concepts, and applications
2. Plan Risk Management: outline, inputs, tools and techniques, outputs, sample Project Risk Management Plan, impact scales, probability scales
3. Identify Project Risks: Risk breakdown structure, Inputs, tools & Techniques, Outputs, sample risk register, Delphi Method exercise
4. Perform Project Qualitative Risk Analysis: Inputs, Tools & Techniques, Output, Sample: Risk Register Update, Exercise: Probability-Impact Matrix
5. Perform Project Quantitative Risk Analysis: Main Inputs, Tools & Techniques, Outputs, Monte Carlo Simulation,. Exercise: Expected Monetary Value Analysis & Decision Tree Analysis
6. Plan Project Risk/Opportunity Responses: Main Inputs, Tools & Techniques, Outputs, Insurance & Bonds
7. Monitoring & Control Project Risks: Main Inputs, Tools & Techniques, and Outputs

GIC reserves the right to cancel or change the date or location of its events. GIC's responsibility will, under no circumstances, exceed the amount of the fee collected. GIC is not responsible for the purchase of non-refundable travel arrangements or accommodations or the cancellation/change fees associated with cancelling them. Please call to confirm that the course is running before confirming travel arrangements and accommodations. Please click here for complete policies.

Education @ Your Desk. A Live Webinar Class means that you will attend the class via the web using your computer. There are scheduled breaks for coffee and lunch. You use a microphone, headset, or your phone and are able to interact with the instructor and other students while following notes while watching the presentation slides online just as you would in a live classroom. Notes are posted online. For an extra cost a hard copy can be requested.

The virtual classroom is becoming more and more popular, and we have a lot of experience teaching in this format. The only real difference between a live in-class and live via webinar is where you sit and what you look at. You can learn from the comfort of your own home or office. You pay less for the live webinar format than you would for the in-class format, and you do not have to travel to another city to attend the class. Please contact us at gic@gic-edu.com for Special Group & Corporate Rates for one or more participants.

We could offer any of our courses at a location of your choice and customized contents according to your needs, please contact us at : inhouse@gic-edu.com or click here  to submit an online request.

PC-based attendees
OS: Windows XP, 2003 Server, Vista, 7, 8
Internet Explorer 7.0 or newer
Mozilla Firefox 4.0 or newer
Google Chrome 5.0 or newer

Macintosh based attendees
OS: Mac OS X 10.6 (Snow Leopard), 10.7 (Lion), 10.8 (Mountain Lion) or newer
Safari 3.0 or newer
Mozilla Firefox 4.0 or newer
Google Chrome 5.0 or newer

iPad 1 or newer, iPhone 3GS or newer, iPod Touch (3rd generation) or newer
OS: iOS 6 or newer

OS: Android 2.2 or higher

Course Materials

Each participant will receive a complete set of course notes and handouts that will serve as informative references.


Need a Government Grant?

Jumpstart your training with the help of Global Innovative Campus (GIC-Canada) & the Canada Job Grant.

Seminars and Workshops offered within your organization anywhere in the world.

Offline Registration

To Register by fax, download and fill our registration form, then fax it to (888) 849-4871. Mail your cheque to our address.

If you have a question regarding this course, please click here to contact us.
On-Site Training

This course can be customized and delivered on-site at your facility.

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