QRM Certificate Live Bundle

How the Course is Delivered

• Online Sessions: Live, interactive modules with hands-on examples.
• Resources & Coaching: Templates, software access (Training & Trail Versions), 1:1 mentoring, and email support to reinforce learning.
• Modular Structure: 16 total hours split across 3 modules, plus an advanced track for those seeking QRM Certification.

Each module builds on the last—starting with fundamentals, moving into model-building, and culminating in advanced decision frameworks.

What You’ll Learn (3 Modules)

Module 1: Foundations of Risk Management (4 Hours)

Too many teams guess at risks. This module establishes a solid base so you can identify, record, and measure risks effectively.

1. Risk Management Plan: Outline processes, roles, and responsibilities.
2. Facilitate Risk Workshops: Gather real input from stakeholders.
3. Add Effective Risk Responses: Turn generic “avoid this” statements into actionable plans.
4. Develop Key Risk Indicators (KRIs): Monitor real-time signals so you don’t miss early warnings.
5. Introduction to Quantitative Risk Assessment: Use the data from KRIs to start building simple, data-driven models.

What you will Learn?

By the end, you’ll confidently manage a risk register with clear, data-backed insights rather than hunches. You’ll also be ready for deeper quantitative work in the next modules.

Module 2: Building the Risk Model (6 Hours)

Once you can identify and measure risks, the next step is to quantify them. Relying on gut feelings can lead to unexpected delays and cost overruns.

1. Probability Distributions: Learn discrete vs. continuous distributions, and when to use each.
2. Quantitative Risk Register: Convert identified risks into numeric outcomes.
3. Schedule Risk Model: Use Monte Carlo to assess the probability of hitting your target dates.
4. Cost Risk Model: Pinpoint realistic contingencies for your budget.
5. Integrated Cost & Schedule (JCL): Combine both to see the Joint Confidence Level for cost-time interdependencies.

What you will learn?

You’ll exit this module knowing exactly how to build robust risk models for schedules, budgets, or integrated scenarios—armed with the ability to spot weak points early.

Module 3: Risk-Aware Decision-Making (6 Hours)

Having a model is only half the battle. You must turn the numbers into strategic choices that fit your organization’s risk tolerance.

1. Utility Theory: Factor in how risk-averse (or risk-seeking) your stakeholders are.
2. Stochastic Dominance: Compare multiple risky options to see which is likely better.
3. Practical Implementation: Translate model outputs into real project decisions—like whether to boost resources or shift timelines.

What you will learn?

You’ll finish the course fully equipped to lead major project decisions, ensuring every move is grounded in quantifiable data and aligned with organizational goals.

Resources & Support

1. Templates & Models
   • Risk Management Plan
   • Risk Status Report
   • Risk Register Template
     
     
     
2. Software Access
   • Primavera Risk Analysis (Schedule Risk Analysis) – Free Training Version
   • ARGO (Cost Risk Analysis) – Free License
   • Safran Risk (Integrated Cost and Schedule) – 30-Day Trial
     Model Risk (2 Weeks License)
3. Coaching
   • 1 Month Email Support: Get direct feedback as you apply what you’ve learned.
   • One 1:1 Call: A free session to clarify questions, review your models, and guide you further.

Final Outcome

By the end of these modules, you’ll be capable of:

1. Identifying project risks effectively and harnessing KRIs for proactive monitoring.
2. Modeling schedules and costs with confidence—giving you real probabilities and contingencies.
3. Leading data-driven decisions through advanced techniques like Utility Theory and Stochastic Dominance.

Because when your entire team sees the numbers—and understands the story they tell—projects stay on track, budgets hold, and deadlines are met.

Ready to Become a Qualified Risk Manager?

Take the next step. Secure your place and learn to master risk identification, modeling, and decision-making. 

Spaces are limited. Don’t let uncertain risks hold your projects hostage—turn them into controlled opportunities.