Project Risk Management


Course Name

Project Risk Management

Course Code


Number of Contact Hours

45 hours

Credit Hours

3 Credit Hour

Duration and Frequency

  • 15 sessions 
  • Each session = 3 hours
  • Frequency: daily Monday to Friday
  • Duration: 3 weeks

Mode of Delivery 

  • Online/ On Campus/ Hybrid


Professional Development – 

F – Project Management


This course places the concepts of risk management into action to make a project more successful. The student will receive a solid understanding of risk management, a vital component of any project management professional’s training, regarding of the industry in which he or she might work in today’s fast-paced, constantly changing and extremely competitive environment. This course provides insights into the best ways to implement the traditional techniques of risk management but also explores innovative new methods that can help modern organizations build their culture, improve financial performance and ultimately achieve greater success in all their projects.



On completion of this course, students are expected to be able to:

  1. Learn why risk management is integral to project management
  2. Identify and determine project risks influenced by the project manager, the project team, organizational factors, and external factors
  3. Conduct and analyze individual and overall project risk analysis
  4. Monitor and control project risk
  5. Identify and determine project manager competencies versus project risk

Course Outline:

  1. Practical Application of Project Risk Management
  2. Risk Management – Integral to Project Management
  3. Risk Definitions and General Categories
  4. Classical Project Risk Management Practices
  5. Determining Individual Project Risks
  6. Project Risks Influenced by the Project Manager and Project Team
  7. Project Risks Influenced by Organizational and External Factors
  8. Individual Project Risk Analysis
  9. Overall Project Risk Analysis
  10. Determining and Planning Project Risk Responses
  11. Monitoring and Controlling Project Risk
  12. Project Management Tools and Techniques Affecting Project Risk
  13. Project Manager Competencies Versus Project Risk
  14. Various Project Risk Management Influencers


Course Textbook

Mastering Risk and Procurement in Project Management: A Guide to Planning, Controlling, and Resolving Unexpected Problems

Randal Wilson



Feedback Given to Participants in Response to Assessed Work 

  • Individual written feedback on coursework
  • Feedback discussed as part of a tutorial
  • Individual feedback on request
  • Model answers 


Developmental Feedback Generated Through Teaching Activities

  • Feedback is given at presentations and during tutorial sessions
  • Dialogue between participants and staff in tutorials and lectures



The course grade will be based on a final project presented by the participant and graded by the instructor. Participants much achieve a passing grade of 70% or more to be awarded a certificate of completion of the course.