Project Risk Management 2011

8/7/2019 Project Risk Management 2011

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Organised by:

HRDF Claimable**Subject to HRDF Approval

Dates : 3 & 4 May 2011 (Tuesday & Wednesday)

Time : 9 a.m. 5 p.m.

Venue : Auditorium 2, Kompleks ureka, Universiti Sains Malaysia, Penang.

WHO SHOULD ATTEND?...

Project managers seeking to bring new dimensions of leadership to projects,programs and portfolios;

PMO professionals seeking enhancements for their organizations projectmanagement practices,

Product development managers, business line managers, IT managers, financialmanagers, and other business professionals who need an advanced yet

practical project management education;

Senior managers and executives looking to leverage their organizationstechnical and managerial expertise through a strong project management

capability.

(wholly owned by Universiti Sains Malaysia)

2-day course on It is an unhappy fact of life that there are usually more thingsthat can go wrong with a project than can unexpectedly go

right

John R. Schuyle


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INTRODUCTION

Traditionally majority of project decisions heavily

favoured cost and schedule. Alarming rate of projectfailure resulted in realization of requirement for risk

management competency for project managers and

their respective team members. Risk managementinvolves minimizing the consequences of adverse

events as well as maximizing the result of positive

events. This course attempts to identify the

requirements for project risk management. This leadsto the development of a risk management roadmap,

which will underpin the design and implementation of

an intelligent risk mapping system. The outcome fromthis course will facilitate course participants to

effectively manage project risk and contribute towards

successful project management in their respectiveorganization.

COURSE OBJECTIVES

At the end of this course, participants shall be able to:

i. Define fundamental principles of riskmanagement;

ii. Explain the benefits of effective risk managementand the implications of poor risk management;

iii. Identify project risk;iv. Conduct basic project risk analysis;v. Develop preliminary project risk response plan;vi. Determine key principles to monitor and control

project risk;

vii. Explain fundamental requirements for effectiverisk governance;

viii. Develop personal action plan to apply the skillacquired at workplace.

PROGRAM FEE

RM900.00 per participant

(Covers course material, refreshment includinglunch and Certificate of Attendance)

Group discounts RM810.00 per participant

(group minimum of 2 participants from the same

organisation)

ENQUIRIES

Technical Details:

Major (R) Dr. Prebagaran a/l Jayaraman

Samudera Management Consultants

Tel: 05-6892101 / [email protected]

Registration and others:

Khairol Anuar Hazir Mohammed

USAINS Holding Sdn BhdTel: 04-653 4372 / 012-286 [email protected] /

[email protected]

METHODOLOGY

The workshop will be conducted in a highly interactive

approach with real project case study and simulation ofproject scenarios. Relevant training video and reference

material will be used to enhance teaching and learning.

COURSE FACILITATOR

MAJOR (R) DR. PREBAGARAN A/L JAYARAMAN (PhD,

PMP, RMP)

Dr. J. Prebagaran has 21 years of working experience in

Management & Training. He is a retired military training

officer. He has served as a facilitator for major MNC,

SME and government agencies in the field of

management, safety, quality and training. Dr. J.

Prebagaran is a Certified Project Management

Professional by Project Management Institute (USA). Hewas a Project Manager (Training) of multi billion

international ship building project for 5 years. He hashands on experience in managing various projects

involving international organizations from Oman,

Australia and Indonesia. Dr. J. Prebagaran is Certified

Trainer of 7 Habits of Highly Effective People. He is alsoa Certified Trainer by International Board of Certified

Trainers (USA). He is an Advanced TQM facilitator, ISO

9001:2000 QMS Lead Auditor and competent trainer for

ISO 14000.

Dr J. Prebagaran is currently an Associate Consultant of

USAINS Holdings and Principal Consultant of SamuderaManagement Consultants. Dr J. Prebagaran has

conducted various leadership and project managementtraining programs for government, multinational

organizations and international clients. Among the

prominent satisfied clients from his training program are

Agilent Technologies, PETRONAS University, PT REA,

Indonesia (A public listed company in UK), Matsushitaand MISC (Malaysian International Shipping

Corporation). Dr J. Prebagaran is a faculty member of

Asia E University MBA Program. Dr J. Prebagaran haspractical and proven experience in design and delivering

of leadership and management development program

for major international organizations like MISC, Sony,Flextronics, Western Digital and Agilent Technologies.

He has also conducted various training programs in

management and leadership development in Thailand,

Indonesia and Ghana.

He has attended training programs in USA, Germany and

UK. Dr J. Prebagaran has presented paper in national andinternational seminars in the field of Safety, Quality and

Management. He is a strong advocate of lifelong learning.

His research interest is in project managementcompetency development and technology management.

His class will be full of energy and fun He is an expert in

adopting adult learning principles to ensure effective

teaching and learning process.

LIST OF ACCOMMODATION IS AVAILABLE UPONREQUEST


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EFFECTIVE PROJECT RISK MANAGEMENT - COURSE OUTLINES

1. Fundamental Principles Risk Management: Definition of risk; Iterative risk management process.

2. Benefit of Effective Risk Management: Proactive project management; Optimization of opportunities; Mitigation of threat.

3. Implication of Poor Risk Management: Reactive project management; Increased probability of project failure.

4. How to identify project risk? Input required for effective risk identification;

What is a well defined risk? Common risk identification methods; Common risk documentation methods; Risk register; Risk identification : case study.

5. How to Perform Risk Analysis? Qualitative and quantitative risk analysis; Assumption testing; Data quality assessment; How to determine probability and impact? Risk ranking; Risk register updates; Expected monetary value of risk; Risk Analysis : case study.

6. How to Plan Risk Response? Inputs required for effective risk response; Risk response strategies for threat; Risk response strategies for opportunities; Residual risk; Secondary risk; Triggers; Contingency planning; Fallback planning; Contingency reserve; Management reserve; Plan Risk response : case study.

7. How to Monitor and Control Risk? Objectives of monitor and control risk; Workarounds; Risk audit; Earned value analysis; Risk Reassessment; Key activities of monitor and control risk process; Outputs of monitor and control risk process; Monitor and control risk : case study.

8. Personal Action Plan How to translate your knowledge and skill into action (within your circle of influence).


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EFFECTIVE PROJECT RISK MANAGEMENT

Fax or send registration form to : USAINS Holding Sdn. Bhd., Ground Floor, Kompleks UREKA,

Universiti Sains Malaysia, 11800 USM PENANG. Fax : 04-657 2210

Please register the following name/names: (Please use separate sheet, if required)

No.Participants Name

(Please print clearly or attach business card) Position & Email

1.2.3.4.5.

Industry Sector:

Company:

Address:

Postcode:

*Primary Person: *Mobile Phone:

*Telephone No.: *Fax No. *E-mail:

Mode of Payment

Number Bank No. of Participants:

I enclose Crossed Cheque

Bank Draft Group Discount:

Money Order

LO/PO Total Sum: RM

Payment must be made payable to USAINS HOLDING SDN. BHD..

1. Bank Transfer [Please fax your Bank-in Slip (Print your name & details on the slip)].

Payee Name: USAINS Holding Sdn. Bhd.

Details: EFFECTIVE PROJECT RISK MANAGEMENT

Name of Bank: CIMB Bank Berhad (USM Branch), Universiti Sains Malaysia, 11800 USM Penang.

Account Number: 0709-0006708-05-7

2. A Local Order (LO) or Purchase Order (PO) must be presented before the event.

The Organizer reserves the right to refrain a registered participant from taking part in the event if no proof of payment can be

presented. This only applies to registered participants who have NOT paid the registration fee PRIOR to the event date.

3. Cancellation / SubstitutionA full refund less administration fee of RM100.00 will be given for cancellation received not later than 10 working days before

the course. No refund will be made after this period. However, substitute participants are welcomed at no extra charge provided

written notice of at least5 working days before the event is given to the Organizer.

4. Disclaimer

The Organizer reserves the right to reschedule or cancel any part of its published programme or venue due to unforeseen

circumstances and will not accept liability for costs incurred by participants or their organizations for the cancellation of travel

arrangements and/or accommodation reservations as a result of the course being cancelled or postponed. Advance notice will be

given if there are such changes or cancellation.

REGISTRATION FORM

Project Risk Management 2011

Documents

Transcript of Project Risk Management 2011