Risk of Not Properly Managing Risk

All projects require the use of time, money, personnel, materials and equipment. It is therefore inevitable that all projects carry risk.

Risks are not only inevitable but are also essential to the continuous development and improvement of projects.

With each new project, new risks are identified, each one different from the last. Only one thing remains constant, negative outcomes of threat-based risks are undesirable, and positive outcomes of opportunity-based risks are desirable.

The better we can control risks, the better we can control their outcomes.

A key factor in determining the success of a project is how well the project is planned. The most crucial phase in a project risk management is the planning phase.

Once a project is commenced, the emphasis on identifying and managing new risks shifts focus onto threat-based risks, while opportunity-based risks still need to be managed, but separately.

If you are a project manager focused on project risk management, including for large projects and/or complex environments, then the GLOMACS training on “Project Risk Management & Compliance“ is an excellent choice for you.

This is a practical course on how to effectively manage project risks by following the PMBOK^® Guide Six Risk Management Processes.

“Keeping the risk management plan up to date can transform it from a door stop to a vital project management tool. Remember: what you don’t know can kill your project”. – says Ms. Jacqui Aird-Paterson, lead instructor for the upcoming GLOMACS session scheduled at The Fairmont Dubai from 11^th -15^th February 2018.

If you wish to find out more or would like to attend the next session of this course, please do not hesitate in contacting a member of the GLOMACS team.

Link to Contact Details

GLOMACS Training is one of the world’s leading training & development firm. By providing continuing professional training on various industry relevant topics, we help clients meet their training needs. Our expertise includes training topics on Management & Leadership, Strategy & Planning, Public Relations, Customer Service, Corporate Communication, Office Administration, Sales & Marketing, Human Resource Management, Learning & Development, Quality and Productivity, Project Management, Purchasing, Logistics & Supply Chain Management, Contracts Management, Finance & Budgeting, Electrical Engineering, Mechanical Engineering, Maintenance Engineering, Instrumentation & Process Control, Health, Safety & Environment, Oil & Gas Technology, Civil & Construction Engineering. Headquartered in Dubai, GLOMACS run programmes in Amsterdam, Budapest, Geneva, Istanbul, London, Liverpool, Marbella, Paris, Prague, Vienna, Boston, California, Houston, Miami, New York, Toronto, Abu Dhabi, Doha, Dubai, Jeddah, Kuwait, Muscat, Hong Kong, Jakarta, Kuala Lumpur, Singapore, Luanda.

GLOMACS Trainings are designed to unlock the Potential of Real People in Real Situations. People need Emotional Investment and they also need to feel time is being invested in them & GLOMACS Training is a great way of doing that.

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