PROJECT RISK ASSESSMENT19 - 20 May 2014 - Johannesburg

9-10 June 2014 - Cape Town

PROJECT RISK ASSESSMENTFor boards, directors, and senior executives

IntroductionThe successful delivery of increasingly complex projects is critical for economic growth in South Africa. Systematically understanding and mitigating the risk to achieving defined project performance objectives is an application of the principles of risk management that is receiving increasing attention globally. This course provides an overview of the key considerations in conducting a project risk assessment.

Who should attend?Project stakeholders, risk practitioners and project management personnel who are responsible for managing project risks, systems and processes, including; • Projectriskmanagers• Projectowners/clients• Developers• Projectfinanciers• Contractors,sub-contractorsandsuppliers• Projectmanagers• Projectengineers• Projectcontrollers• Commercialmanagers• Contractmanagersandadministrators• Estimatorsandplanners

Benefits of attending • Thecourseprovidesdelegateswithanintroductiontotheprocesses,toolsandtechniquesforconductingaprojectrisk assessment.• Thecoursewillgivepractionerspracticalexposuretothemulti-faceteddisciplineofprojectriskmanagement,andtherole this can play in improving project performance.

Brief outline of the course contentThe course is based on ISO 31000 and the Project Management Institute’s Body of Knowledge (PMBOK).• Fundamentalriskprinciplesandconcepts • Overviewoftheprojectriskassessmentprocess,toolsandtechniques • Theprojectriskregister,riskformulationandmitigationplanning • Conductingaprojectriskworkshop• Theprojectlifecycleandstagegatesforriskassessment • CommercialandFinancialrisk• Areafactorsandsupplychain• Counterpartyandcountryrisk• Technicalrisk,capacityandcapability• Costestimateandscheduleuncertainty• Casestudies:UnsinkableTitanic,SupersonicConcorde,SydneyOperaHouse

Aftercompletingthismodulethestudentwillbeableto:• Understandthefundamentalriskconceptsandprinciples•Identifydecisionpointsthroughtheprojectlifecyclewhichwillbenefitfromariskassessment•Understandthescopeforadetailedprojectriskassessment•Understandsomekeyconsiderationswhenconductingaprojectriskassessment•Prepareforandconductaprojectriskworkshop•Presentresultsinareport,whichincludesaprojectriskregister

BOOK NOW - SEATS ARE LIMITED

JohannesburgDate: 19 & 20 May 2014Venue: IRMSA Training Centre 144 Katherine Street, Grayston Ridge Office Park, Block A, First Floor

Cape TownDate: 9 & 10 June 2014Venue: 22 Belmont Road Belmont square Rondebosch

Course duration: Two days

Price: R4250.00 ex VAT (member rate) R4950.00 ex VAT (non-member rate)

Contact : Nthabiseng MdhloziniTel: 011 555 1800Email: nthabim@irmsa.org.za

Purpose of this moduleThe Project Risk Assessment module aims to provide an overview of the concepts and principles, processes and key considerations in conducting a project risk assessment.

About the trainerDrGregKer-FoxgraduatedfromStellenboschUniversitywithaB.Eng.,M.Eng.(cumlaude)andPh.D.inCivilEngineering.Heresearched the application of structural reliability methods to project cost estimates, and developed an innovative statistical process for dealing with correlation.

Gregjoinedglobalengineeringandconstructioncontractor,Murray&Roberts,in2002.HewassecondedtothePebbleBedModularReactor project for 3 years as their project risk manager, before moving to the Murray & Roberts head office where he served 8 yearsastheGroupRiskExecutive.

GregrepresentedMurray&Robertsasafoundingmemberoftheinternational Engineering and Construction Risk Institute, and servedontheirboardfrom2008to2010.HeisafellowoftheInstitute of Risk Management South Africa (IRMSA) and received their Risk Manager of the Year award in 2007.

GregfoundedFoxCoRiskin2013,aspecialistriskconsultancyfocused on advancing performance through improved project delivery.

Terms and ConditionsPlease review the Terms and Conditions carefully before booking. Delegatesarerequestedtoreviewthecontentandlevelsofthecourse they are registering for to ensure suitability and that they are registering for the correct course.

Payment:

Fullpaymentmustbereceivedby29May2014.Proofofpaymentmust be emailed to training@irmsa.org.za

Cancellation:

AR900cancellationfeewillapplytoallcancellations.Shouldyouwish to cancel, this must be done in writing no later than 5 May 2014(Johannesburg)&27May2014(CapeTown).Afterthisdate,youwillberesponsibleforthefullfee(R4250.00exVATformembers,andR4950.00exVATfornon-members).Substitutionsmaybemadeatnoadditionalcost.Failuretocancelwillresultinyoubeingpersonally liable to the full payment.

DietaryRequirements:

Dietaryrequirementsreceivedonorbefore15May(Johannesburg)&5June2014(CapeTown)canbeaccommodated.