Quantitative risk advisory for the world's most demanding capital program.

Training and consulting for risk leaders in oil & gas, EPC, and major infrastructure across the UK and GCC.

Risk Informed Decision Majlis in Riyadh an IQRM Event.

Opinion masquerading as quantitative analysis

Risk inputs derived from workshop conversations and gut feel, then run through Monte Carlo simulation software to look quantitative. The histogram looks defensible. The inputs are not.

Three-point estimates without evidence

Severity distributions built from memory and intuition, with no traceable basis in productivity rates, procurement data, or schedule performance metrics.

P80 forecasts that fail under scrutiny

Contingency numbers at P50, P80, or P90 confidence levels that collapse the moment senior management, the sanction reviewer, or the auditor asks how they were derived.

IQRM exists to replace opinion-based risk analysis with quantitative methods built on real project data: productivity rates, procurement status, progress curves, and schedule performance.

This is the foundation of the Risk Data Engine™ (RDE), the methodology underneath every QSRA, QCRA, and integrated cost-schedule risk analysis the institute teaches and delivers.

It is also the reason our risk-based forecasts hold up in front of executive committees, sanction reviews, and board challenges on major capital program.

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Become market-ready in QSRA, QCRA, Monte Carlo simulation, and integrated risk analysis.

Cohort-based quantitative risk management training, taught from real project experience. Three formats: Live, Hybrid, and the Practitioner Guidebook.

Defensible schedule and cost risk forecasts, calibrated inputs, and senior-management-ready reporting.

Risk Data Engine deployment, Risk Radar reports, standalone QSRA and QCRA engagements. Approved by Saudi Aramco and ADNOC for quantitative risk consulting.

Quantitative risk management training. Every quarter. 18 seats per cohort.

What the QRM Professional Program covers.

QSRA

Quantitative Schedule Risk Analysis. Risk-loaded schedules, distribution selection, correlation, merge bias, sensitivity analysis, tornado chart interpretation. Taught in Safran Risk and Primavera P6.

QCRA

Quantitative Cost Risk Analysis. Cost risk modelling using compound distributions (frequency x severity), contingency calculation at P50, P80, and P90 confidence levels.

Monte Carlo Simulation

Applied Monte Carlo simulation for project risk. Distribution fitting, correlation modelling, convergence testing, and defensible output interpretation.

Integrated Cost-Schedule Risk

Joint Confidence Level (JCL) modelling. Integrated cost and schedule forecasting for program-level risk reporting and executive decision support.

Risk Data Engine

Building calibrated risk inputs from real project data: productivity, procurement, progress, and performance. The IQRM differentiator for defensible quantitative risk analysis.

Executive Reporting

Communicating quantitative risk to executive committees. Sanction review support. Board-ready integrated schedule and cost risk forecasts.

Proof: practitioners

What practitioners say after QSRA and QCRA training with IQRM

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What our students says about QRM Certificate

This was one of the most interesting and practical Courses I’ve had!

Artur, Director of Internal Audit at Citibank

It linked very clearly, theory with practical examples in Decision Making in projects.

Karim G. Abdelkafy , Senior Risk Manager at WSP

It focus on important concepts in Risk Management.

Anita Brown , Head of Risk Management in Bechtel.

15+ Years of Experience

Practitioners trained (Live / Self-paced)

Cohort Delivered

Hours

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Practical writing on quantitative risk analysis

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Learn the from Basics of Quantitative Risk Assessment up to proficiency to master Quantitative Risk Aware Decisions

Frequently asked questions

What is IQRM?

IQRM (Institute of Qualified Risk Managers) is a professional organization focused on training and certifying individuals in advanced risk management techniques using quantitative methods. Our goal is to empower professionals to make data-driven, risk-aware decisions.

What is the Qualified Risk Manager (QRM) certification?

The QRM certification is an internationally recognized credential designed for professionals who want to master quantitative risk management and risk-based decision-making. The program covers essential topics such as Monte Carlo simulations, quantitative risk registers, and integrated cost and schedule risk analysis.

Who should take the QRM course?

The course is ideal for project managers, risk managers, financial analysts, engineers, consultants, and decision-makers who want to enhance their ability to assess and manage risk quantitatively.

How long does it take to complete the QRM course?

The full course is divided into three modules, each requiring approximately 16 hours of study, including live sessions, interactive exercises, and self-paced learning.

What topics are covered in the QRM course?

The course is divided into three modules:
- Module 1: Foundation for Quantitative Risk Assessment (QRA)
- Module 2: Building Risk Models (Quantitative Risk Registers and Monte Carlo Simulation)
- Module 3: Risk-Aware Decision Support (Advanced Decision-Making Strategies)

What learning resources are provided?

Participants receive access to:
- Recorded sessions and live Q&A
- Interactive tools for hands-on learning
- Real-world case studies and examples
- Templates for building risk models

Are there any live sessions?

There are 2 Modes of conducting the course either on-demand or Live you can book either one of them.

Can I access the course materials after completion?

Yes, once enrolled, you will have lifetime access to the course materials, including future updates

How is the QRM certification awarded?

The certification is awarded after successfully completing the three modules and passing a final assessment. The assessment consists of a combination of practical exercises and a final exam.

Is there an exam at the end of the course?

Yes, there is a final exam to assess your understanding of the course content. You will need to achieve a minimum passing score to earn the certification.

Is the QRM certification globally recognized?

Yes, IQRM certifications are recognized by leading organizations worldwide and are valued by employers in various industries, including construction, oil and gas, finance, and technology.

How much does the QRM course cost?

The course is offered at a competitive price, with options to enroll in individual modules or the full course. Check the Pricing Page for current offers and discounts.

Are there any discounts available?

Yes, we offer group discounts for teams and purchasing parity discounts for learners in specific regions. Please contact us for more details.

Can I pay in installments?

Yes, installment plans are available for those enrolling in the full course. You can choose a payment plan that suits your financial needs.

How do I enroll?

To enroll, visit the Courses Page, select the module or full course you want to join, and complete the registration process.

What if I miss a live session?

No worries! All live sessions are recorded, and you can access them at your convenience on the learning platform.

What is your refund policy?

We offer a full refund if you cancel your enrollment within 7 days of purchase, provided you haven’t started the course. For more details, please refer to our Refund Policy Page.

Can I retake the exam if I don’t pass on the first attempt?

Yes, you can retake the exam for free. However, After the 2nd attempt it will cost 10% of the exam Cost . Please contact support for more details.

How can I contact support?

You can reach out to our support team via email at support@iqrm.net or through the Help Center on the platform. Our team is available 24/7 to assist you.

Do you offer corporate training?

Yes, IQRM offers tailored corporate training programs for organizations looking to upskill their teams in quantitative risk management. Contact us for a custom proposal.

Are there any prerequisites for enrolling in the QRM course?

There are no strict prerequisites, but a basic understanding of risk management principles and project management is recommended. Familiarity with Excel is also beneficial.

Thank you!

Information

Address

Rolex Tower, Shekh Zaid St.,Dubai

Phone

+971 50 362 5784

E-mail

contact@iqrm.net