About The Event:

Project management in the Gulf has been rocked in recent months by the massive shift in investment levels and risk appetites. Projects that were once seemingly unstoppable now lie in mothballs – postponed while the regional economy readjusts to the new reality. If your organisation is in a position where it needs to take stock of its contractual and project based obligations, then this programme is a must attend for your team.

Project And Contract Risk Specialist is a highly focused training programme that will equip you and your team with the skills necessary to confront the new challenges that we all face. During this powerful programme you will explore topics including:

• The role of projects in the contemporary organisation
• Project lifecycle alternatives
• Project risk management
• Project planning
• Project resources
• Project implementation
• Project closure
• Project leadership
• Managing relationships and conflict resolution
• Project contract management

Attend This Four Day Executive Programme, And:

• Develop a specialised approach to risk management that is particularly applicable to project environments
• Explore the various critical control points in project management that a risk manager must be aware of
• Undertake directed group activities that give you practical experience of the themes and issues being taught

Who Should Attend?
This programme is specifically designed for all professionals working within a project based environment who need to have knowledge of the importance of risk management to the delivery of their projects

Programme Overview:
During this four-day programme you will develop an understanding of the importance of projects in the contemporary organisation. You will also learn how the problem (project) definition phase has a critical impact on project success. You will explore the three major areas of project development, the planning, the execution and the closure phase, from a risk management perspective.

The programme will give you a clear understanding of the role that project stakeholders play in all aspects of the project, especially in the areas of project control and contract management.
You will also gain a clear understanding of how the principles of risk management can be embedded within the project management process and how you can develop your own set of tools and techniques for optimising project performance. This is an innovative course that has been specifically designed to highlight the benefits of applying the principles of risk management, to the process of project management
 
Programme Methodology:
This programme has been designed to be delivered in a highly interactive way, involving a mix of theory, interactive discussion and formal practical exercises. This delivery method has been chosen to ensure that you can maximise your skill pick up and experience sharing through peer interaction
 
Programme Timings:
Registration will be at 08:00 on the first morning. The programme will commence at 08:30 and conclude at 14:30 on all days with two breaks for refreshments. Lunch will be served at the end of each day. The order of topics may vary from this outline depending on the requirements and dynamics of the group – topics may not be addressed in the order stated herein.
 
Programme Outline:

1. The Role Of Projects In The Contemporary Organisation
o The role of projects
o The need for project management
o Project resilience and change
o Risk and project management

2. The Project
o Project definition
o Selection process
o Stakeholder identification
o Project lifecycle alternatives

3. Project Risk Management
o Project risk context
o Project risk assessment
o Project forecast risk
o Project scheduling risk

4. Project Planning
o Project goals and objectives
o Project resources
o Reporting and control structures
o Project variation and evaluation criteria

5. Project Implementation
o Project budgets
o Project quality and communication requirements
o The use of work packages
o Project monitoring and reporting

6. Project Closure
o Mode of project termination
o Project termination process
o The project contract closure
o The final report

7. Project Leadership
o Project manager vs project leader
o The project team
o Project governance and leadership
o Managing relationships and conflict resolution

8. Project Contract Management
o The role of the project contract
o Project contract risk
o Project contract construction and lifecycle
o Project contract management

9. Practical Assessment Exercises
Tasks will be issued on an individual and team basis that will confirm your skills and ability to apply risk management techniques. Exercise will be by way of team discussion of case studies and individual comments on practical risk problems.