Course Schedules

Classroom 7 Sessions
Online / Live
Live

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Training Course Overview

Construction projects, as capital investment ventures, carry inherent risks across their lifecycle, from development and design to construction and operation. Effective risk management is paramount to mitigating threats, capitalizing on opportunities, and making informed decisions amid uncertainty.

Drawing from international standards such as the PMI's Practice Standard for Risk Management and the ISO31000 series, this Construction Risk Management training course equips participants with the processes, tools, and techniques essential for risk management planning, assessment, analysis, treatment, monitoring, and control. Moreover, it prepares attendees for the globally recognized PMI Risk Management Professional (PMI-RMP)® certification, enhancing their professional standing.

Key features of this training course include:

  • Exploration of unique features and project delivery approaches in the construction industry
  • Examination of the spectrum of risks inherent in construction projects
  • Strategies for risk planning and identification
  • Techniques for risk assessment and analysis
  • Development and implementation of appropriate responses to mitigate threats and capitalize on opportunities
  • Utilization of tools and techniques to maintain project progress while addressing emergent risks

Training Course Objectives

By the end of this training course, participants will be able to:

  • Provide a structured methodology to plan for risk management including strategic risks
  • Prepare to become a Certified Risk Management Professional (PMI-RMP)® certification exam
  • Improve the risk threshold through proper identification of risk tolerance and risk attitude
  • Apply qualitative and quantitative risk analysis techniques
  • Adequately plan for risk responses and treat the risks accordingly
  • Monitor and report the status of residual risks, secondary risks, and emergent risks

Designed for

This Anderson training course is suitable to a wide range of professionals involved in studying, designing, procurement, construction and operation of construction facilities, but will greatly benefit:

  • Senior managers involved in the selection and strategic alignment of construction projects
  • Professionals who are working as project managers or key project or program team members
  • Professionals who have been directly involved in risk identification, analysis, and response on any kind of project
  • Those who recognise project risk management as a core part of their professional experience and want to become certified Risk Management Professionals

Learning Methods

This training course will utilize a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. Case study exercises are used to facilitate practical application and reinforcement of theoretical concepts. Topic driven tutorial sessions are supported by risk simulations that allow delegates to explore their comprehension. Group discussions review the exam questions and quizzes and uncover the approach and prepare for the risk management certification.

Course Content

Day 1

The Construction Industry and Its Risk Spectrum

  • Course Opening and Pre-Course Assessment
  • Phase by Phase Understanding of construction and development
  • Project delivery methods and its relation to risk allocation
  • Challenges and Issues in construction Execution and management (with case studies)
  • Lean construction concepts and waste minimization in construction
  • PMI’s risk management approach versus ISO 31000 for risk management
  • Other international risk management frameworks and standards
Day 2

Risk Strategy, Planning and Identification

  • Assess project environment for threats and opportunities
  • Confirm risk thresholds based on risk appetites
  • Establish risk management strategy and the risk management plan
  • Engage stakeholders in risk management activities
  • Conduct risk identification exercises
  • Develop risk register and risk report
  • Exam Q and A review and Case Studies
Day 3

Risk Assessment and Analysis

  • Perform qualitative analysis
  • Perform quantitative analysis
  • Identify threats and opportunities
  • Schedule-Risk Analysis
  • Cost-Risk Analysis
  • Exam Q and A review and Case Studies
Day 4

Risk Response Planning and Implementation

  • Determine appropriate risk response strategy and response actions
  • Assign roles and responsibilities for risk actions
  • Execute the risk response plan(s) and the contingency plan(s)
  • Encourage stakeholders to provide feedback on the risk response
  • Evaluate and react to secondary and residual risks from the response implementation
  • Exam Q and A review and Case Studies
Day 5

Monitor and Close Risks

  • Gather and analyze performance data
  • Monitor residual and secondary risks
  • Risk auditing best practices
  • Provide information required to update relevant project documents and plans
  • Monitor project risk levels
  • Exam Q and A review and Case Studies
  • Exam Mock-up

The Certificate

Recognition
  • Anderson Certificate of Completion for delegates who attend and complete the training course
  • The applicable PMI Professional Development Units/Contact Hours will be reflected in the Certificate of Completion

Accreditation

PMI Approved Training Courses

Anderson is an official PMI Authorized Training Partner (ATP). All applicable project management courses are pre-approved by the Project Management Institute, allowing participants to earn the necessary PDUs and Contact Hours for certification and recertification.

FREQUENTLY ASKED QUESTIONS

Learn more about this course

Yes. The Construction Risk Management training course can be customised and delivered exclusively for organisations seeking a tailored learning solution. Course content can be adapted to address specific business objectives, operational challenges, industry requirements, and organisational priorities. Customised training allows teams to focus on the topics most relevant to their roles while supporting wider organisational development goals.

No. The Construction Risk Management training course is open to professionals from a wide range of backgrounds and experience levels. The course content is structured to provide value to both those who are new to the subject and experienced practitioners seeking to deepen their expertise. While some prior knowledge may enhance understanding of certain concepts, it is not a requirement for participation

The Construction Risk Management training course uses a variety of learning approaches to maximise participant engagement and knowledge retention. These may include expert-led presentations, practical exercises, case studies, group discussions, scenario-based activities, and collaborative learning opportunities. This approach encourages active participation and helps participants translate learning into practical workplace results.

The Construction Risk Management training course is suitable for professionals who want to expand their knowledge, strengthen their practical skills, and improve their effectiveness within their current or future roles. It is valuable for managers, team leaders, supervisors, specialists, consultants, and professionals seeking to stay current with industry developments and best practices. Whether your goal is career advancement, improved decision-making, or enhanced workplace performance, this course provides relevant knowledge and practical insights to support your professional ambitions.

If you would like additional information about the Construction Risk Management training course, our professional support team is available to assist with course enquiries, registration guidance, group bookings, and customised training requirements. We are committed to helping you identify the most suitable learning solution for your professional development goals.

 

Participants attending the Construction Risk Management training course gain access to valuable industry insights, practical techniques, and internationally recognised best practices. The course helps professionals improve performance, strengthen confidence, broaden their perspective, and develop skills that contribute to both personal and organisational success. It also provides an excellent opportunity to exchange ideas and experiences with professionals from diverse sectors and backgrounds.

The Construction Risk Management training course combines practical knowledge, current industry practices, and expert guidance to create a highly relevant learning experience. Rather than focusing solely on theory, the course emphasises practical application, enabling participants to develop skills and approaches that can be implemented directly within their organisations. This balance of knowledge and practical relevance helps participants achieve meaningful and lasting professional impact.

Yes. Participants who successfully complete the Construction Risk Management training course will receive a Anderson Certificate of Completion, demonstrating their commitment to professional development and continuous learning. This certificate provides formal recognition of the knowledge and skills gained during the course and can support professional growth and career progression.

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