Project Scheduling and Risk Management

Project schedules are often considered the core of project management. Developing a good schedule and keeping the project on track are critical to successfully completing the project. Yet, a majority of projects in each industry sector run behind schedule and are delivered late. The project manager is judged by how successfully they can complete the project on schedule. If the project is late, was the project manager doing a poor job or was the schedule bad to start with? In this 2-day Masterclass, delegates will learn how to develop an accurate schedule and to track against it during the execution phase of the project.

A risk is a possible future event that can impact how successfully the project will be completed. If the project manager and the project sponsor or steering committee is serious about project success, they will spend the time and money to identify risks, rank their seriousness, and mitigate them. Research shows that a majority of project risks come from stakeholders. By attending this 2-Day Masterclass, delegates will learn how to identify risks more efficiently, rank them, and reduce their impact. Strong risk management will improve the project success’ possibility.

Top Learning Objectives

  • Use methodologies like network diagram, critical path and historical data to develop an accurate schedule
  • Understand what is a definitive schedule and its applicability to multiple types of contracts
  • Apply different scenarios to a schedule to identify impact of schedule modifications
  • Roll out a risk management plan to protect projects against major failures Identify different kinds of risks and its sources
  • Track schedule to ensure projects are completed on time
  • Calculate budgets and contingency amounts to ensure projects are on budget
  • Discover “hidden” risks created by contractors, consultants and suppliers

Who Should Attend?

Anyone else looking to track its project scheduling during execution and use risk management techniques to improve the project’s success.

This course is targeted at project management professionals handling complex projects within the following industries: Mining, Oil & Gas/Petrochemicals, Infrastructure & Construction, Power & Utilities, Project Management Consultancies for both private and public sectors.

  • Project Controls Manager
  • Project Controllers
  • Programme Directors/Managers
  • Project Office Managers
  • Project Managers
  • Project Planners & Schedulers
  • Project Engineers
  • Cost Controllers
  • Cost Managers
  • Cost Engineers
  • Project Consultants
  • Project Specialists
  • Technical Services
  • Engineering Services
  • Asset Integrity
  • Project Engineering and management
  • Operations
  • Production
  • Process Engineering
  • Inspection

Event Details

17th – 19th August 2020
Kuala Lumpur, Malaysia