Project Risk Management

Capitalising on proven risk management techniques to optimise project delivery

EARLY BIRD OFFERSAVE $275

21 November 2011 Stamford Plaza

BRISBANE

22 November 2011Radisson Blu Plaza

SYDNEY

23 November 2011Stamford Plaza

MELBOURNE

30 November 2011Medina Grand

PERTH

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This one day training course is designed to provide the tools and confidence needed to implement a practical risk management framework to meet your project risk management requirements.

This course will provide:

• Clarityandunderstandingofthemainprinciplesofrisk management and how it can work best for you

• Practicalworkingexamplestohelpyoutodevelopaproject risk register to prioritise project risks

• Developmentofaprojectrisktreatmentplantocommunicate required actions and accountabilities, and to manage clientexpectations

• Abilitytomanageandmonitorprojectrisksinvolvingall stakeholders to ensure successful projects!

COURSE LEADER

John A. Jones,BE(Elec),MIEAust, MAusIMM, ANZIF(SnrAssoc)CIP Senior Consultant,Risk Tech

T | 61 2 9247 6000 F | 61 2 9247 6333 E | info@akolade.com.au W | akolade.com.au

John has over 35 years experience in risk management helping organisations throughout Australia, New Zealand, Asia and USA.

Endorsed by Organised by

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COURSE OVERVIEW ABOUT YOUR COURSE LEADER

Risk Management has become an essential tool for all project managers to help ensure projects are well managed and profit expectationsareachieved.Itisnowatenderrequirementformanycompanies and government departments for project managers to be able to demonstrate how project risks will be managed. Risk Management has also become a mandatory corporate governance requirementinAustraliaforpubliclistedcorporationsandformanyother countries.

• Doyoubelievethatriskmanagementisnowessentialtoensure a successful project?

• Doyouneedassistancetoestablishariskmanagementframework which will suit your projects and management structure?

• Areyouconfidentthatyourprojectrisks,havebeenidentified, are properly understood and appropriately managed?

• DoesRiskManagementextendthroughoutyourcompanyand business units with a uniform approach taken for all projects?

• IsRiskManagementwellcommunicatedwithinyourcompany or organisation, including failures, to help ensure continual risk improvement?

• AreProjectRiskManagementPlanscontinuallymonitoredand communicatedwithexternalstakeholderstomanageexpectations and avoid shocks?

Akolade’sProject Risk Management Masterclass will help you todevelop a sound Risk Management framework for your company and enhance your reputation as a leading project manager.

Projects can be as diverse as installing a new IT system to manage business systems, developing a new shopping centre, building a new port facility or a new mine site. The risks involved can be equally diverse.

This one day training course is designed to provide the tools and confidence needed to implement a practical risk management framework to meet your project risk management requirements.

The risk management approach used for project management will alsohelpsatisfyyourcorporategovernanceand‘DutyofCare’ requirements in line with the universally recognised standard AS/NZSISO31000:2009Riskmanagement–Principlesand guidelines. Good project risk management will help ensure your company reputation is enhanced as a leading project manager.

COURSE LEADER PROFILE

John A. Jones,BE(Elec),MIEAust,MAusIMM,ANZIF(SnrAssoc)CIP Senior Consultant, Risk Tech

John is a professional engineer and he commenced his career in the electrical supply industry. He has workedinriskmanagementsince1976,providing specificexpertiseinpropertylosscontroland

highly protected risks as an insurance company risk engineering manager; however, his main interest has always been to assist his clients tomanagerisk.For14yearshegainedexperienceatinternationalinsurance broking firm Marsh Limited as a principal risk consultant. He has extensive experience throughout Australia, New Zealand, Asia and USA.

AsariskmanagementpractitionerJohnhasservicedanumberofmajor clients including global accounts, such as:

Johniswellexperiencedwithcomprehensiveenterprise riskmanagement reviews including risk identification, evaluation and providing risk treatment strategies to minimise the likelihood andconsequenceofidentifiedriskexposures.Majorriskreviewstudieshave been completed for companies involved in communications, mining, newspaper, airline and power supply business sectors. More recently John has developed enterprise risk management strategies to assist his clients to develop and maintain their risk registers and riskimprovementplansinlinewiththeinternationalstandardISO31000:2009Riskmanagement–Principlesandguidelines.

HisdiverseriskmanagementexperiencehasenabledJohntoapplyhis risk management skills to assist a number of clients with numerous fire protection upgrade projects and major construction projects includingSingTelOptusexpansionandofficerelocationworks,RedbankPowerStation,WoolnorthWindFarmandAuroxResourcesIronOreProject.

JohnnowapplieshissignificantexperienceandexpertiseasaSeniorConsultantwithRiskTech,assistingarangeoforganisationswith their risk management needs.

RiskTechisanAustralianriskmanagementconsultingorganisationproviding advice to a range of publicly listed, privately owned and not for profitorganisations.Formoreinformationvisitwww.risktech.com.au.

• SingTelOptus,

• Coca-ColaAmatil

• ColgatePalmolive

• ICILimited

• EnergyAustralia

• HydroTasmania

• AGL

• WesternMiningCorporation

• BarrickGold

• Runge

• SkywestAirlines

• MetalManufactures

• LendLease

• JonesLangLasalle

• RedbankPowerStation

• WoolnorthWindFarm

• AuroxResources

• IronOreProject

T | 61 2 9247 6000 F | 61 2 9247 6333 E | info@akolade.com.au W | akolade.com.au

WHO SHOULD ATTEND? This course is specially designed for and would greatly benefit;

•ProjectManagers

•Engineers

•RiskManagers

•ChiefRiskOfficers

•ComplianceManagers

•ChiefFinancialOfficers

•GovernmentProjectLeaders

•DevelopersandBuilding Contractors

•ExecutiveandNon ExecutiveDirectors

COURSE OUTLINE

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MORNING SESSIONS

Pinpointing the main principles of risk management

• Understandingthefundamentalsofriskmanagementand project risk management in plain English

• Graspingtheinternationallyrecognisedstandard, ISO31000:2009Riskmanagement–Principlesandguidelines

• Definingthe11basicprinciplesforriskmanagementas perISO31000:2009

• Incorporatingriskmanagementasanintegralpartofyour corporate governance and to assist with regulatory compliance

• Learningreportingsystemsprovidedbyariskmanagement frameworktointegrateriskmanagementintoyourcompany’s organisational structure and processes

• Detailingstrategicprojectrisksneededduringthedesign phase for successful project management

Developing a project risk register

• IdentifyingrisksthroughSWOTanalysis,Delphitechnique, document reviews and guided interviews

• Highlightingquantitativeriskanalysiswheneverassigning dollar values when assessing risk

• Understandingqualitativeriskanalysisusedforriskswhich aredifficulttoassignadollarvalue

• DeterminingtherisklevelwhichmaybeExtreme,High, ModerateorLowthroughariskmatrixassessmenttool

• Prioritisingriskallowsriskstobeallocatedtotheappropriate level of company management from operational staff to the board

• CaseStudy-ARiskRegisterwillbedevelopedforourexample mining project to list the risks identified, their likelihood, consequence, risk level and assign responsibility

AFTERNOON SESSIONS

Developing a project risk treatment plan

• CaseStudy-Ourminingprojectexamplewillbeusedto consider risk treatment options including risk transfer, control, mitigation and avoidance

• Depictingthekeymajorprojectriskcategorieswhichgenerally need to be considered for all projects, such as:

• Operationalrisk

• Legalandregulatoryrisk

• Financialrisk

• Strategicrisk

• Learningeffectivecommunicationsastheyareanimportant part of the risk management framework for both internal and externalreportingsystems

• ARiskTreatmentPlanindicatesourselectedoptiontotreator improve each risk so that the risk is reduced to an acceptable levelforourcompany’sriskappetite

Managing and monitoring project risks

• Reviewingdifferenttypesofsoftwareprogramsavailable which vary in usefulness

• Determiningrisktransferoptionswhichcancontaintrapsfor project managers with liability issues including contractual risks, professional indemnity, indemnities and warranties

• Managingexpectationsforyourclientswillhelpavoidpossible loss events escalating into costly litigation

• Capitalisingoncontinualimprovementstrategiesthatare an integral part of good risk management which enhances project performance

• Lessonslearntareexpensivebutlossesrepeatedareinexcusable

• Whatdowestandtobenefitfromapplyinggoodrisk managementsystemstoournextproject

T | 61 2 9247 6000 F | 61 2 9247 6333 E | info@akolade.com.au W | akolade.com.au

MASTERCLASS INFORMATION

8.00am –Registrationopens

8.30am –StartofMasterclass

12.30pm–Networkingluncheon

3.00pm –Afternoonrefreshments

4.30pm –EndofMasterclass

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VIP CODE PROJECT RISK MANAGEMENT

PRO02 REGISTRATION FORM

Phone: 61292476000

YOUR INVESTMENT (including gst)

EARLY BIRD DISCOUNTS

5 WAYS TO REGISTER

DATES & VENUES (Please tick)

Register and book before:

9 Sept 2011 23 Sept 2011 7 Oct 2011 21 Oct 2011 4 Nov 2011

$1208.90 1 Day Masterclass $1263.90 $1318.90 $1373.90 $1428.90 $1483.90

STANDARDPRICE

5 Nov 2011

MELBOURNE23 November 2011Stamford Plaza MelbournePhone:+61396591000

PERTH30 November 2011Medina Grand PerthPhone:+61892178000

SYDNEY22 November 2011Radisson Blu Plaza SydneyPhone:+61282140000

BRISBANE21 November 2011Stamford Plaza BrisbanePhone:+61732211999

Fax: 61292476333

YES, please register me for the above conference. Today’sdate

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IMPORTANT NOTEPlease quote event title and delegate name on the advice when remitting payment. Attendants will only be permitted upon receipts of full payments. Please note that programme and speakers are subject to change without notice. Akolade will not be responsible for any event re-scheduled or cancelled.

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Online: www.akolade.com.au

Mail: AkoladePtyLtd Unit9,Level2,58PittStreet SYDNEY,NSW2000,Australia

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T | 61 2 9247 6000 F | 61 2 9247 6333 E | info@akolade.com.au W | akolade.com.au