Risk management in Organizations and Projects

Risk management represents the part of the organizational culture and the sum of processes which are directly oriented towards managing potential opportunities and reducing adverse events that may affect the organization’s objectives.

• Duration: 3 days , 6h of study/day
• Methodology: presenting theoretical concepts
• Location: onsite, Infinity Business Center HQ or online

For

• Leadership risk departments
• Personnel involved in risk management
• All those interested in implementing risk management processes

Benefits

• Raising the organization’s management performance using the principles of risk
• Adopting solutions to reduce the probability of occurrence for the identified risks
• Study the risk impact on company’s strategic objectives
• Managing departments risk registers
• Risk Management, proactive solution of issues management

What you will learn

• Gain basic risk management knowledge
• Basis knowledge for implementing risk management concept in the organization
• You will learn identification and evaluation risk techniques that can influence the organization’s strategic objectives.

About the trainer

Eng. Dan Precupescu
• Graduate of Faculty of Civil Engineering, Industrial and Agriculture on UTCB
• Over 15 years of experience in Construction Project
• Co-Founder of Infinity Business Solutions Company in 2006
• Primavera Implementation and Development Manager within TOTALSOFT
• Active involvement in the management of over 40 construction projects at various Romanian and international companies, accumulating wide experience in areas such as:
  • Planning and monitoring construction projects
  • Risk Management in construction projects :
    • Risk identification and evaluation specific to construction projects
    • Qualitative analysis – risk prioritizing according to the impact and the probability of occurrence
    • Quantitative analysis – Monte Carlo simulations, probabilities schedule
  • Contract management
  • Resource management
  • EVM – Earned Value Management
• Primavera P6 EPPM Specialist ( ORACLE Certified Specialist )

Course structure

• Risk Management – Concepts and Terminology

• Pre-requisites of risk management

• Company’s process management
• Stakeholders register
• Management plans

• Existing standards recognized by the Risk Management Institute:

• ISO 31000 :2009
• IRM/Alarm/AIRMIC 2002
• ISO/IEC 31010:2009
• COSO 2004
• OCEG “Red Book” 2.0: 2009

• Implementation methodologies of risk management standards

• Planning processes of risk management

• Risk identification process
• Qualitative risk analysis process
• Quantitative risk analysis process
• Risk monitoring and control process

• Strategic Risk Management

• Financial Risk Management

• Operational Risk Management

• Project Risk Management