| Course Code |
RM-A |
| Description: |
This is a highly interactive course, which is intended to
enhance a Risk Managers skills in managing their project’s risk management
process in line with MOD policy. Building on the knowledge gained in the Risk
Management – Principles (RM-P) course, this course will involve hands on
experience of Quantitative Analysis software. Using Powerpoint, delegates will
put together the risk element of an IAB project submission, which will be
presented to a board for approval. |
| Aim: |
To enhance the knowledge required by Risk Managers to manage
their project’s risk management process. |
| Duration: |
2.5 days non-residential. Note: There is an element of pre-course reading required. |
| Pre-Requisites: |
Risk Management – Principles (RM-P). Delegates should also
preferably currently hold a Risk Managers post, and have a good working
knowledge of the process. Please note that you cannot self-book onto this
course, please telephone the course Administrator or forward a completed
application form. |
| Designed For: |
Staff who are solely Risk Managers who run their organisations
risk management process on a day to day basis. This course is also suitable for
overseas procurement personnel and candidates working in industry. |
| Cost for Non MoD Applicants: |
The cost of this course is £930.00 excluding VAT. Details of payment options will be sent in a confirmation e-mail when you apply for the course. |
| Objectives: |
By the end of the course delegates will be able to:
• Apply the MOD’s Risk Management process;
• Recognise and explain the content of documentation that supports the Risk
Management process;
• Using a variety of tools & techniques to identify risk;
• Demonstrate qualitative and quantitative risk analysis;
• Use mitigation techniques against risks;
• Explain the concept of fallback plans & trigger points;
• List the management actions required to record, monitor, control, and report
risk;
• Explain the statistical basis of Risk Management Tools;
• Reproduce simulation as used to model time & cost uncertainty, risk &
mitigation;
• Develop knowledge on the process leading up to IAB approval;
• Develop & present the risk element of an IAB submission for Project Approval. |
| Related Learning: |
• Risk Management Introduction On-Line Training (RMIOLT);
• Risk Management – Principles (RM-P). |
