Instructor led workshop

Risk Management in Projects

A workshop for project management practitioners who want to increase the predictability of their projects, eliminate threats and use opportunities more effectively.

Participants of this workshop often say that it has changed their attitude towards risk management. Being extremely hands-on, this workshop shows how to effectively work with opportunities and threats while avoiding unnecessary bureaucracy.

The biggest advantage of this workshop is a very practical approach and numerous examples from real projects in various industries.

In addition, the program is in line with proven risk management standards published by PMI®, and the workshop itself is conducted by the co-creator of the latest edition of The Standard for Risk Management in Portfolios, Programs and Projects.

Interactive workshop



or onsite

Max. 16

or Polish
Target audience
  • Project and program managers

  • Product owners

  • Key project team members

  • Subject matter experts (SME)

  • PMO staff

  • Project management consultants

What participants say

Quotes from surveys after the workshop

It changed the way I look at managing risk in my projects. Now I understand it’s not just a bureaucracy and I can see how I can do it in a very pragmatic way.
Mindset changing

I thought that managing opportunities is just a theoretical concept. Now I see that there is something I can really do about them and get immediate benefits in my projects!

Opening to opportunities

Finally someone showed me how to do it in an easy way and how to tailor risk management to my project needs. I wish I participated in this workshop earlier…


Additional materials are really great and allowed me to go back and refresh what I’ve learned during the workshop. Great to see something more than just slides.

Great materials
I’ve received a lot of hints how to do it in small and large projects. I like the pragmatic approach that makes all these practices I’ve learned about truly scalable.
For small and large projects

No questions were left unanswered. It’s the first training I saw where the trainer is not afraid to answer even the most tricky questions. And he always had great and relevant examples.

All questions answered

Workshop program

Part 1: How do we know where and how to look for risks?

The goal of the first part of the workshop is to introduce the key elements of risk management and to show participants how to set the scene for managing risk in a specific project.

We will begin by defining what do we mean by “risk” and when risk management should be applied. We will also discuss the potential impact of risks on the core plans of the project (including schedule and budget) and on its profitability.

As soon as we’ll have a common understanding in these areas, we’ll start setting the scene for risk management in a particular project. The first step will be to understand the sponsor’s and other stakeholder’s risk attitude: their tolerance limits and potential appetite. Participants will also learn how to define risk categories, delegate risk management and choose appropriate methods of risk identification.

Key skills
  • Tailoring the overall risk management approach to the needs of a particular project

  • Understanding levels of key stakeholder’s risk tolerance and appetite
  • Identification of key risk categories

  • Choosing the right tools & techniques for risk identification

Tools & techniques
  • Risk Management Plan

  • Risk identification tools & techniques

  • RBS (Risk Breakdown Structure)

Part 2: How to identify meaningful risks?

The second part of the workshop focuses on one of the key activities from the perspective of risk management: effective identification of opportunities and threats. We will also have a look at the tool used in everyday work with risk: the risk register.

We will begin by applying tools for root cause analysis to the risks identified by participants. We will also clarify those risks by using risk metalanguage. This will significantly increase our ability to define concrete responses at later stages. As a result, we will have an initial content of our risk registers for case projects.

The participants will not only learn about the methods of identifying and specifying threats, but they will also get a good understanding how to identify opportunities (e.g., to shorten the timeline or bring some savings).

Key skills
  • Identification of opportunities and threats

  • Identification of risk causes and effects

  • Making risks specific and actionable

  • Communication of risks

Tools & techniques
  • Risk metalanguage

  • Ishikawa diagram in the context of risk

  • Risk register

Part 3: How do we know which risks are worth our effort?

Now it’s the time to assess, prioritize and define initial strategies for the opportunities and threats identified in previous steps.

The previously identified and clearly described risks will be placed on the probability/impact matrix and discussed in terms of priorities, further actions and communication with key stakeholders (sponsor, client). We will also analyze other important risk parameters that may have a significant impact on our subsequent response to them. Apart from probability and impact, you will learn how to assess proximity, urgency, detectability, dormancy, manageability, controllability, connectivity, strategic impact and impact on stakeholders (propinquity).

Participants will learn how to communicate the risk situation and properly focus their attention on those that have the greatest impact on the project and/or require most urgent action.

Key skills
  • Performing qualitative risk analysis (assessment of key risk parameters)

  • Risk visualization

  • Risk prioritization

Tools & techniques
  • Probability/impact matrix

  • Ishikawa diagram in the context of risk

  • Qualitative analysis techniques

Part 4: How to deal with opportunities and threats?

The last part of the workshop brings us to the moment when we can define and implement responses to the previously identified and assessed risks.

We will start by discussing standard approaches to managing the impact and/or probability of risks. Participants will learn what they should be careful about and how actions taken towards risks might bring new ones to the table.

We will finish workshop exercises by identifying actionable responses to already identified risks. The key here will be to assess to what extent each of these responses proactively protects the project from threats and their effects or allows participants to effectively exploit the opportunities.

The final discussion will cover the topic of risk monitoring and ways to implement risk management culture. These are important elements that let the risk management become a part of a daily work.

Key skills
  • Planning risk responses

  • Assessment of the effectiveness of responses

  • Identification of secondary risks

  • Identification of residual risks

  • Elimination of unnecessary buffers

  • Communication of risk responses

  • Implementation of risk responses

  • Risk monitoring

Tools & techniques
  • Responses to threats

  • Responses to opportunities