Classroom Sessions:
| Date | Venue | Fees | |
|---|---|---|---|
| 09 - 20 Sep 2024 | London - UK | $11,900 |
MODULES
This training course is split into two modules:
MODULE I - Advanced Stakeholder Management
MODULE II - Project Risk Analysis & Management
Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.
Module 1: Advanced Stakeholder Management
DAY 1
First Principles of Managing Stakeholders
- Self-assessment of current skill levels and identification of areas for development
- The stakeholder engagement lifecycle, process, and key stages
- The potential outcomes from poorly conducted stakeholder engagement
- Negative factors in stakeholder engagements and how to avoid them
- Critical success factors in successful stakeholder engagements
DAY 2
Developing an Appropriate Personal Brand and Projecting a Strong Image
- What is a personal brand and what does appropriate mean?
- The elements of a successful personal brand – education, experience, personality, authenticity, values, performance, providing value, consistency
- Developing your value proposition and ‘elevator pitch’
- How to create presentations and reports that impress stakeholders
- Gaining access to senior stakeholders
DAY 3
Assessing the High Priority Stakeholders
- Circles of Influence, differing frameworks and their use
- A range of frameworks for assessing stakeholder priority and their pros and cons
- Stakeholders’ self-image, needs, concerns and behaviors
- Social style – quickly analyze stakeholder behavior and decide how to respond for a positive outcome – a deep dive into the technique
- Influencing without power, techniques, and tips for making a high impact
DAY 4
Engaging and Managing Your Stakeholders
- Developing a stakeholder communications strategy
- Identifying specific concerns and tailoring the messages accordingly
- Creating a tailored stakeholder communications and engagement plan
- Setting up and managing stakeholder meetings
- Managing disagreements and moving to a productive outcome
DAY 5
Negotiating Successful Outcomes
- The processes of negotiation
- Developing your negating position
- Negotiating using a principled approach
- Dealing with challenges
- Driving negotiations to mutually successful outcomes
Module 2: Project Risk Analysis & Management
DAY 6
Project Structure Selection
- Planning Structures for Delivering Projects
- Defining a risk tolerance baseline for all activity, plus incremental procedures for high-value, complex projects
- Scaling risk management to the size and complexity of a programme or project
- Project structures to address risks from the points of view of:
- Sponsors
- Lenders
- Investors
- Contractors
- Concession Contract Models
- Foreign Direct Investments
- Joint Ventures
- Service Outsourcings
- Keeping Structures & Financing Flexible to Accommodate Changes
DAY 7
Risk Identification & Assessment
- Risk Identification
- Developing a Risk Matrix with Risk Ratings based on Probability and Impact
- Types of Risk
- Hazard Risks
- Financial (business) Risks
- Operational (technical) Risks
- Strategic Risks
- Internal & Finance Risks
- External Risks
- Risk Assessment / Analysis
- Sensitivity Analysis – (“what if analysis”)
- Identifying Risks
- Identifying the Impacts of Risk
- Estimating the Likelihood of Risks Occurring
- Estimate the Cost of Risk
- Risk Response / Mitigation Planning
- Monitoring and Communicating Risk
DAY 8
Risk Management
- Objective of Project Risk Management
- Tools and Techniques for Risk Management
- Avoidance – modifying a project plan
- Transference – shifting consequences and responsibilities
- Mitigation – preventative action
- Acceptance – accepting risk outcomes
- Limitations of Risk Management
- Use of Insurance & External / 3rd Party Mechanisms in Risk Strategies
- Constructing a Risk-adjusted Project Cost Model
- Using Risk Factors to Test Affordability
- The Roles of Incentives, Sanctions and Risk Sharing
- Using Project Design, Financial and Organizational Arrangements as Risk Management Tools
DAY 9
The PPP Contract Model
- The General Principles of How Project Appraisal, Selection, Design and Risk Management ensure more measurable, controllable, successful projects
- What are Public-Private Partnerships (PPPs)?
- The Dynamics of PPPs & How Key Risk Areas can be Managed
- Use of PPPs in Different Sectors and Services
- The Roles and Relationships of Public and Private Parties
- Principal Ways PPP Contracts Can Be Properly Managed
- What are the Lessons for Adopting and/or Adapting PPP Models Across Future Projects?
DAY 10
Project Funding Solutions
- Embedding Risk Management into Normal Operations
- Allotting Appropriate Resources for Risk Management Activities
- Integrating Risk Management into Project Protocols and Controls
- Risk Management Monitoring and Control throughout the Project Lifecycle to Improve and Guide Risk Management Processes
- Evaluating Effectiveness of Risk Response Actions (and making adjustments within the project cycle)
- Summaries of Conclusions and Group Discussions
- On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
- Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Endorsed Education Provider
GLOMACS is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org
In Association With
The Energy Training Centre
Our collaboration with Energy Training Centre aims to provide the best training services and benefits for our valued clients
P. O. Box 74653
Dubai - UAE
Tel: +971 (04) 425 0700
Fax: +971 (04) 425 0701
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