Project Risk Management and Compliance

The DIXONTECH Project Risk Management and Compliance course equips professionals with a comprehensive framework to identify, assess, and control project risks while ensuring compliance with organizational and regulatory requirements. Based on PMI-RMP®, ISO 31000, and COSO® standards, this course focuses on integrating risk management into project planning, execution, and governance for enhanced performance and assurance.

TRAINING TOPICS

• Foundations of Risk Management and Compliance Frameworks
• Risk Identification, Assessment, and Quantification Techniques
• Risk Response, Control, and Monitoring Strategies
• Compliance Integration within Project Governance
• Risk Reporting, Communication, and Continuous Improvement

BY THE END OF THIS TRAINING COURSE, DELEGATES WILL BE ABLE TO:

Apply structured and proactive approaches to manage project risks and ensure compliance alignment.

• Understand global risk management and compliance standards
• Identify and evaluate project risks systematically
• Apply qualitative and quantitative risk analysis tools
• Develop effective risk response and control plans
• Integrate compliance within project and PMO functions
• Monitor risks and ensure governance accountability
• Communicate risk and compliance status effectively

TRAINING IS TAILORED TO

Professionals responsible for project risk, assurance, and compliance in both public and private sectors.

• Project and Risk Managers
• Compliance and Governance Officers
• PMO and Quality Managers
• Internal Auditors and Risk Analysts
• Financial and Legal Advisors
• Program and Portfolio Managers
• Professionals Preparing for PMI-RMP® Certification

TRAINING METHODOLOGY

This DIXONTECH course combines theoretical foundations with case-based exercises and simulation projects. Participants apply PMI® and ISO frameworks to real-life risk scenarios, perform compliance assessments, and build risk registers and mitigation plans supported by analytical tools.

DAY 1

INTRODUCTION TO RISK MANAGEMENT AND COMPLIANCE FRAMEWORKS

• PMI-RMP® and ISO 31000 principles overview
• Key terms: uncertainty, exposure, and control environment
• Risk management process flow and governance structure
• Regulatory and compliance landscape in project settings
• Integrating risk and compliance objectives in planning
• Workshop: establishing a project risk management context

DAY 2

RISK IDENTIFICATION AND ASSESSMENT TECHNIQUES

• Risk identification tools: brainstorming, Delphi, and checklists
• Categorizing risks using the Risk Breakdown Structure (RBS)
• Qualitative risk assessment and prioritization methods
• Probability and impact matrix development
• Introduction to quantitative analysis techniques (Monte Carlo)
• Case study: risk assessment for a construction project

DAY 3

RISK RESPONSE PLANNING AND CONTROL STRATEGIES

• Developing effective risk responses: avoid, mitigate, transfer, accept
• Building contingency and fallback plans
• Cost and schedule risk management integration
• Monitoring and controlling residual and secondary risks
• Documenting lessons learned in risk management plans
• Workshop: designing a project risk response plan

DAY 4

COMPLIANCE INTEGRATION AND GOVERNANCE FRAMEWORKS

• Understanding corporate governance and compliance standards
• Linking compliance management to project execution
• Developing compliance control matrices and audit trails
• COSO® and ISO 37301 frameworks for compliance assurance
• Integrating risk, compliance, and performance reporting
• Case study: compliance management in a public sector project

DAY 5

RISK REPORTING, COMMUNICATION, AND CONTINUOUS IMPROVEMENT

• Designing and presenting risk dashboards and reports
• Stakeholder communication and escalation procedures
• Measuring risk and compliance performance indicators
• Embedding a culture of risk awareness and ethical conduct
• Continuous improvement and maturity assessments
• Final simulation: integrated risk and compliance management plan