Risk Management

Risk management is the process of identifying, assessing and controlling threats to an organization's capital and earnings. These risks stem from a variety of sources, including financial uncertainties, legal liabilities, technology issues, strategic management errors, accidents and natural disasters.

Course Overview

A successful risk management program helps an organization consider the full range of risks it faces. Risk management also examines the relationship between risks and the cascading impact they could have on an organization’s strategic goals. Because of increased pressure to deliver projects on time, within budget and with the agreed components, the need to identify, manage and control the project-based risks becomes central to success. Project Managers need to use tried and accepted techniques for managing identified risks and have access to practical strategies for dealing with issues as they emerge.

What you’ll learn

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

  • Use practical steps and processes to manage project risk.
  • Identify threats & opportunities & weigh their relative value in a project.
  • Control multiple risks using limited strategies.
  • Overcome psychological barriers to risk in stakeholders & team members.
  • Evaluate risk assessment & risk management during the project closure phase of the project.

The Risk Management Course is designed for:

  • Consultants in Project, Asset, Maintenance and Risk Management.
  • C-level executives and non-executives.
  • Project Management Team members.
  • Operations and Project Managers.
  • Oil and Gas Enterprise Architects.
  • Assets and Property Managers.
  • Maintenance Managers and Engineers.
  • Technical managers & supervisors.

Candidates must:

  • Have access to either a computer or smartphone, with internet connectivity.
  • Be equipped with quality webcam and headphones.
Duration & Fees
  • Regular – 8 Weeks – ₦150,000
  • Fast-Track – 6 Weeks – ₦200,000
Program Dates
  • December, 2023 – February, 2024
  • March – May, 2024
  • June – August, 2024
  • September – November, 2024

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EDUREX Academy

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