Signup for megaproject intelligence and risk management best practices course
Project owners and operators, project managers, project contractors and megaproject stakeholders seeking help tips and support to ensure best practices maintained and best value derived from megaprojects anywhere in world. Megaprojects project intelligence and risk management best practices for big super projects in business sectors including:
Infrastructure
Mining, Minerals and Metals
Financial and Fintech sectors
Exploration and Production
Fuels Manufacturing and Transportation
Airports
Power Generation and Transmission
Renewable Energy
Hydrogen
Chemicals
Information Technology IT
Data Centres
Life Sciences
Pulp and Paper
Food and Consumer Products
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Want to improve your megaproject intelligence and risk management?
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Megaproject Project Intelligence and Risk Management Best Practices Course
The Project Intelligence and Risk Management Best Practices Training Course is designed for project owner/operator professionals responsible for risk management, planning, scheduling and control over the lifecycle of megaprojects.
Calculate precisely megaproject progress on thousands of asset work steps. Achieve cost, schedule and quality targets more confidently. Build more trust and transparency into megaproject management and completion for all megaproject stakeholders. Earned Value Intelligence EVI provides a clear way to know what is the actual megaproject progress achieved every day, every week and every month of the megaproject lifecycle. Fulfill contractual and financial obligations.
Advanced work step management functionalities and EVI megaproject analytics are available on any mobile device to help answer your megaproject risk management questions when you need answers quickly and cost-effectively.
Project Intelligence Through Earned Value Intelligence
Focused on megaprojects that include a Front-End Engineering & Design (FEED) phase, the course provides the foundation to face and deal with the contractual challenges of project delivery by multiple contractors, as well as with the challenges that characterise such megaproects. These include:
Scope creep issues
Contractual claims
Cost and schedule slippages
Engineering data inconsistencies and gaps
Lack of master data
Gaps in collaborative team management
Distributed geographies of project execution parties
Non-uniform project progress tracking and reporting
Multi-contractor interface management issues
and more …
Find out more about megaproject intelligence and risk management best practices course. Receive alerts to upcoming online courses.
Manage megaproject risks with unprecedented project intelligence analytics and protect value and outcomes with BusinessRiskTV help, tips, advice and training.
Risk Management & Project Intelligence
Managing risk in complex megaprojects with project intelligence you can achieve megaproject results on time delivery, within or even under budget, and with less uncertainty.
Improve your megaproject value by improving your risk management knowledge, skills and project intelligence analytics from hundreds of thousands project records.
Our convenient, affordable and easy to arrange megaproject risk management courses, workshops and roundtable discussions are designed to make you more knowledgeable of risk management issues and solutions in order to achieve expected project value, more easily with less uncertainty by establishing trust and transparency between the project owners, main contractors, subcontractors and suppliers.
Practical learning is delivered by risk management and megaproject experts with decades of experience.
You will learn more about key megaproject risks and how to achieve sustainable megaproject value.
Excellent value-for-money services provided to you and your team when we transfer to you our risk management and megaproject intelligence skills.
Save money on the cost of travel and accommodation. Ensure the success and value of your megaproject.
Take your career in project management to the next level.
Learn practical ways to manage megaproject risks better.
Use real world class systems to help you create more value with less uncertainty.
Do you want to find out more about our megaproject risk management training, workshops and roundtable discussions
Sign up for an attractive, informative and practical online course called Megaproject Risk Intelligence addressing:
Best Practices for Megaprojects Risk Assessment, Management & Prevention
Best Practices for Near-Real Time Megaproject Performance Monitoring & Assessment
Best Practices for integration of Project Performance and Risk Management KPIs
Templates and Analytics for the above
Contact Keith Lewis by scanning LinkedIn code below, or click on button below, to find out when the next online course is. Sign up for the next Megaproject Risk Intelligence course quickly safely and securely with Paypal independent third party payment application. We will never see your full payment details so safe and secure.
Are you responsible for projects and project risk management for megaprojects?
Complex mega projects achieve better for project owners and contractors if the risks of the megaproject are fully understood and the megaproject risk management solution is more holistic and less complicated.
BusinessRiskTV Workshops
BusinessRiskTV megaproject risk management and project value intelligence courses, workshops and roundtable discussions are designed to make complex megaprojects less complicated and more certain of completion on time, within budget and to a high quality of project performance. Our aim is to enhance your risk management knowledge and build project value intelligence. You will understand megaproject risk management better to enable you to manage your mega project more cost-effectively enhancing project value for all parties.
Learn risk management skills and project management value intelligence wherever you are in the world, whatever megaproject you are to be involved in, or are already involved in. Understand the key risks and challenges to megaproject valuation. Achieve great project value with less uncertainty impacting on project outcomes.
Practical learning is delivered online by risk management and megaproject experts with decades of experience. You’ll learn more about key megaproject risks and how to protect and grow megaproject value. Excellent value for money provided when risk management skills and megaproject value intelligence developed online wherever in the world you have good internet connection. Save money on the cost of travel and accommodation. Ensure the success and value of your megaproject. Improve your skills knowledge and project intelligence while you are working. Take your career in project management to the next level. Learn practical ways to manage megaproject risks better. Use real world systems to help you create more value with less uncertainty.
Connect with Keith Lewis online nowJoin thousands of people interested in Project Risk Management in our free online forum on LinkedInImprove Risk Management – Join tens of thousands of people interested in better risk management knowledge intelligence and practices in our free LinkedIn Risk Management Online group.
Megaproject Risk Management Training and Project Value Intelligence Workshops and Roundtable Discussions
Plan a better project risk management process with BusinessRiskTV.com
Identify and manage project risks better
Want to make your project a success with less uncertainty? Discover risk analysis techniques in project risk management. Develop a new project risk assessment process. Manage project risks better.
Minimise any potential project problems that may negatively impact a projects timetable or end outcome. Control uncertainty impacting on the people process or assets used in the project. Assess the likelihood of risk events occurring and the size of the impact on the project development and completion date.
Ensure you are able to respond to risk events. Achieve project goals with more confidence. Be prepared for all key risks which may have an impact on project goals.
Project risk management is an essential aspect of any project management plan. A risk can be defined as an uncertain event or condition that, if it occurs, will have a positive or negative impact on the project’s objectives. Risk management involves identifying potential risks, assessing their likelihood and impact, and developing strategies to mitigate or avoid them. Proper project risk management helps to minimise the likelihood of negative impacts and improve the chances of project success. In this article, we will discuss project risk management and suggest five steps to improving project risk management.
The Importance of Project Risk Management
Project risk management is critical to the success of any project. By identifying and addressing potential risks early on in the project life cycle, project managers can reduce the likelihood of negative impacts on the project’s objectives. Effective risk management enables project teams to anticipate potential issues and take steps to mitigate or avoid them before they occur. This results in improved project outcomes, increased stakeholder satisfaction, and reduced costs associated with resolving unforeseen issues.
Steps to Improving Project Risk Management
Develop a Risk Management Plan
The first step to improving project risk management is to develop a comprehensive risk management plan. This plan should outline the risk management process, including risk identification, assessment, and response strategies. It should also establish roles and responsibilities for the project team, identify risk thresholds, and establish a process for monitoring and controlling risks throughout the project life cycle.
Identify Risks Early
Effective risk management requires identifying risks early in the project life cycle. The earlier risks are identified, the easier it is to develop strategies to mitigate or avoid them. Project managers should encourage team members to identify risks as early as possible and provide a process for reporting potential risks. This can include risk identification workshops, regular risk reviews, and ongoing risk assessments throughout the project life cycle.
Assess Risks Objectively
Risk assessment is a critical component of project risk management. Project managers should assess risks objectively, taking into account their likelihood and impact on the project’s objectives. This can include using tools such as risk matrices or probability-impact assessments to prioritise risks based on their likelihood and impact. Objective risk assessment helps project teams to focus their efforts on the most significant risks, reducing the likelihood of negative impacts on the project’s objectives.
Develop Effective Risk Response Strategies
Once risks have been identified and assessed, project teams should develop effective risk response strategies. This can include developing contingency plans, implementing risk avoidance strategies, or transferring risk to third-party vendors or insurance providers. The effectiveness of risk response strategies should be regularly reviewed and adjusted as necessary throughout the project life cycle.
Monitor and Control Risks
Finally, project managers should establish a process for monitoring and controlling risks throughout the project life cycle. This includes regularly reviewing risk status, tracking risk response strategies, and updating risk management plans as necessary. Project teams should also establish a process for reporting new risks as they arise and adjust risk management plans accordingly.
Project risk management is an essential aspect of any project management plan. By identifying potential risks, assessing their likelihood and impact, and developing strategies to mitigate or avoid them, project managers can improve the chances of project success. To improve project risk management, project managers should develop a comprehensive risk management plan, identify risks early, assess risks objectively, develop effective risk response strategies, and monitor and control risks throughout the project life cycle. With proper risk management, project teams can reduce the likelihood of negative impacts and improve the chances of project success.
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Learn how to regain control of your business risks with BusinessRiskTV
Whether you accept avoid transfer mitigate risks or exploit risk opportunities is not straight forward. Find new ways to improve the culture of risk management to boost business performance. Increase your business success.
How do you manage risks?
How can your management of risks be improved?
What risks should you take and which should you not tolerate?
Understand the risk management process better. Discover the best risk management practices. Improve your risk management with better risk management solutions.
Sometimes we have to accept the risks our businesses face to achieve our goals. Taking no action to control the risks does not mean you have not managed the risk. It means you have identified and assessed it and proactively choose to accept it as the risk is within your risk tolerance and appetite for risk.
The other extreme is that you avoid the risk identified. The risk is beyond your risk tolerance and appetite for risk to pursuance of your business objectives.
Developing a balanced risk management action plan is not easy but it should be simple to work well.
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Taking the right steps to manage risks will boost your business performance with less uncertainty.
Build your business resilience
Create more value
Advance your risk management capability
There is always room for improvement. Better risk management will mean your business is better prepared for the future. Improve performance regardless of business environment.
Whether you are trying to do something new or just want to find new ways to manage existing risks join our 360 Business Club.
Join our 360 Business Club to protect your business better and grow faster with less uncertainty impacting on your business objectives. CLICK HERE or email [email protected] entering code #360BusinessClub
