An Intensive Professional
Development Training Course on

Construction Risk Management

Increasing the Likelihood of the Successful Delivery of your Projects

Course Options

How would you like to proceed?

Need a tailored solution or group booking discount? Contact our course advisors.

Why Choose Us

This Construction Risk Management training course equips professionals to address uncertainty and make informed decisions throughout complex construction projects. Projects progress through development, design, procurement, execution and operation, with each phase presenting distinct risks and opportunities. These uncertainties may influence costs, schedules, safety and overall project success. Participants develop practical capabilities to identify threats, capture opportunities and manage risk proactively in uncertain project conditions.

The course follows recognised frameworks, including the PMI Practice Standard for Risk Management and ISO 31000, providing a structured, internationally accepted process. Participants apply practical tools for risk identification, qualitative and quantitative assessment, response planning and continuous monitoring to improve predictability and project outcomes. They also examine how construction delivery systems distribute risk and how industry-specific challenges affect project performance. Case studies, simulations and exam-focused content build confidence in managing construction risk and support preparation for PMI-RMP® certification.

This Construction Risk Management training course will highlight:

Identifying threats and capturing opportunities across construction project phases
Assessing construction risks using qualitative and quantitative methods
Planning risk responses and maintaining continuous monitoring
Applying the PMI Practice Standard for Risk Management and ISO 31000
Understanding risk allocation within different construction delivery systems
Using case studies, simulations and exam-focused content for PMI-RMP® preparation

Course Goals

What are the Goals?

This Construction Risk Management Training Course offers a systematic approach to comprehending, assessing, and addressing risks associated with construction. Its objectives align with the course material and the international standards cited in your outline.

Upon completing this training course, participants will be able to:

Use a structured methodology founded on PMI and ISO 31000 to plan and carry out construction risk management activities.
Prepare efficiently for the PMI-RMP® exam through practical exercises and exam-style reviews.
Enhance decision-making by recognising risk appetite, tolerance levels, and stakeholder expectations.
Conduct qualitative and quantitative risk analyses with suitable tools and techniques.
Create and implement customised risk responses for threats and opportunities throughout construction phases.
Track residual, secondary, and emergent risks while keeping project documentation accurate and current.

Who is this Training Course for?

This Construction Risk Management training course is designed for:

Construction Project Managers
Construction Managers
Risk Managers
Project Risk Analysts
Site Managers
Contracts Managers
Commercial Managers
Cost Managers
Quantity Surveyors
Project Controls Managers
Planning Engineers
Health and Safety Managers

Learning Approach

How will this Training Course be Presented?

This Construction Risk Management Training Course applies a dynamic combination of learning methods intended to maximise practical comprehension and professional implementation. Participants engage in interactive case studies, actual project simulations, and group analytical activities.

Instructor-led sessions present PMI and ISO risk management concepts in a clear, structured way. Delegates take part in problem-solving workshops, exercises to develop risk registers, and analytical simulations that reinforce learning. Reviews of exam-style questions help participants grasp the PMI-RMP® approach and prepare for certification.

Training delivery incorporates:

Case-based activities connecting theory with practical construction risk situations.
Topic-specific tutorials accompanied by risk simulations and analytical tools.
Group discussions examining risk challenges, exam questions, and real-world lessons.
Facilitated activities for developing risk registers, risk reports, and response strategies.

This method of presentation supports deep understanding, strong retention, and a high level of readiness for both real-world implementation and certification requirements.

The Course Content

The Construction Industry and Its Risk Spectrum

Course Opening and Pre-Course Assessment
Phase by Phase Understanding of construction and development
Project delivery methods and its relation to risk allocation
Challenges and Issues in construction Execution and management (with case studies)
Lean construction concepts and waste minimization in construction
PMI’s risk management approach versus ISO 31000 for risk management
Other international risk management frameworks and standards

Risk Strategy, Planning and Identification

Assess project environment for threats and opportunities
Confirm risk thresholds based on risk appetites
Establish risk management strategy and the risk management plan
Engage stakeholders in risk management activities
Conduct risk identification exercises
Develop risk register and risk report
Exam Q and A review and Case Studies

Risk Assessment and Analysis

Perform qualitative analysis
Perform quantitative analysis
Identify threats and opportunities
Schedule-Risk Analysis
Cost-Risk Analysis
Exam Q and A review and Case Studies

Risk Response Planning and Implementation

Determine appropriate risk response strategy and response actions
Assign roles and responsibilities for risk actions
Execute the risk response plan(s) and the contingency plan(s)
Encourage stakeholders to provide feedback on the risk response
Evaluate and react to secondary and residual risks from the response implementation
Exam Q and A review and Case Studies

Monitor and Close Risks

Gather and analyze performance data
Monitor residual and secondary risks
Risk auditing best practices
Provide information required to update relevant project documents and plans
Monitor project risk levels
Exam Q and A review and Case Studies
Exam Mock-up

Recognition

Certificate

• Wallstreet Development Academy Certificate of Completion for delegates who attend and complete the training course.

Frequently Asked Questions

This course focuses on risk management in the context of construction projects. Its central theme is how managing risk can increase the likelihood of successful project delivery. The available course information does not specify individual topics or modules.

You will learn about construction risk management and its role in supporting successful project delivery. The course is framed around increasing the likelihood that projects are delivered successfully. The provided course information does not list particular tools, techniques, or risk categories.

The course supports project delivery by focusing attention on construction risk management. Its subtitle indicates that this focus is intended to increase the likelihood of successful project outcomes. The course information does not claim that risk management can guarantee success.

The course aims to develop capability related to managing risk in construction projects. This capability is positioned as a way to improve the likelihood of successful project delivery. The available description does not identify specific practical exercises, frameworks, or assessment methods.

The main objective is to support more successful delivery of construction projects through a stronger focus on risk management. The course connects the management of project risk with the likelihood of achieving successful outcomes. Specific learning objectives are not provided in the course description.

This course is relevant to people seeking to understand or improve risk management in construction projects. Its focus may be useful for professionals concerned with the successful delivery of such projects. No specific job roles, experience levels, or entry requirements are stated.

Yes, the course is specifically titled Construction Risk Management. It places risk management within the context of improving the delivery of construction projects. No detailed list of construction risk types is included in the available information.

Risk management is the course’s core subject and is directly linked to successful construction project delivery. The course presents effective attention to risk as a means of increasing the likelihood of project success. It does not provide further detail about how success is defined or measured.