About this course

Type
Short Course
Accredited
Yes
Mode
Online
Duration

6 – 13 weeks

Pace
Self Paced

Course Description

The Advanced Project and Risk Management Course at Accelerate Management School, accredited by QCTO, is a comprehensive program that combines key elements of Business Risk Management and Project Management. This course is meticulously designed to deepen your understanding of risk management and expand your knowledge of project management techniques, ensuring you are well-prepared for the challenges of the professional world.

You’ll learn to build a strong risk culture, use risk management frameworks, and efficiently manage project risk registers to assess project viability. The course covers the entire project lifecycle, emphasising the importance of using reporting tools to gain business insights, lead project teams, and handle time and budget challenges.

This course is flexible, allowing you to work at your own pace. It focuses on hands-on learning through exercises, case studies, and techniques for effectively presenting solutions to stakeholders. You’ll gain practical skills to navigate various organisational challenges, enhancing your effectiveness and impact in professional environments.

Included in the Course:

  • Full access to Advanced Project and Risk Management courses for all levels
  • Hundreds of short business management courses for ongoing learning
  • 24/7 student support for continuous guidance and assistance
  • Aspiring OHS Professionals: Starting a career in construction safety.
  • Current OHS Practitioners or Managers: Gaining more skills and advanced certification.
  • Workplace Safety Managers: Improving safety on construction sites.
  • HR and Compliance Personnel: Learning more about construction safety.
  • Business Owners and Managers: Ensuring a safe and compliant worksite.
  • Anyone Interested in Safety: Learning about construction safety for personal or work reasons.
  • Professionals aiming to advance and refine their project management skills
  • Newcomers seeking foundational project management knowledge
  • Team leaders and managers focused on enhancing team performance
  • Career switchers transitioning into project management roles
  • Consultants looking to strengthen their project management expertise
  • Individuals wanting a systematic approach to task and project management
  • Professionals from various fields aiming to boost their project management abilities
  • Individuals committed to personal and professional development
  • Career-oriented professionals seeking to expand job opportunities and stand out in the competitive market

6 – 13 weeks

The completion time for course entirely on your own learning pace.

At Accelerate School of Management, we offer a flexible learning experience tailored to your needs. Start your studies whenever you’re ready and progress at your own pace, with full support from our extensive student assistance services.

Upon Enrolment, you will receive:

  • Personalised login details to the course
  • Ongoing support throughout your educational journey.
  • Digital certificates after the completion of each module.
  • A comprehensive course completion certificate, provided in both digital and hard copy forms upon finishing the course.
  • Matric/Grade 12 qualification required
  • Reliable internet or Wi-Fi connection needed
  • Mobile or desktop device necessary
  • Mature Age exemption available for 23+
  • English literacy skills required
  • The course is accredited by the Quality Council for Trade and Occupations (QCTO).
  • QLS – Quality License Scheme (United Kingdom)
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Modules

  • History of Project Management
  • The difference between a project and operational activities
  • Defining project management
  • What is a successful project
  • The Project Management Triangle
  • What is project management
  • The Five Project Management Processes
  • Navigating Project Management in Specific Industries
  • Project management glossary of terms

  • The life cycle of a project and the functions of a project manager
  • The interplay between project life cycles and contextual factors (Part 1)
  • The interplay between project life cycles and contextual factors (Part 2)
  • Project management and product development
  • Organisational environments
  • Organisational structures

  • Identifying managers from stakeholders
  • Identifying and managing stakeholders
  • Form a stakeholder register
  • Prioritize your stakeholders
  • Understand your key stakeholders
  • Monitoring and communicating with stakeholders
  • Common Stakeholders 

  • Managing project scope
  • The project charter
  • The statement of work (SOW)
  • Developing the SOW
  • The responsibility matrix (RACI)
  • Project communication
  • Developing a communication management plan
  • Designing a project proposal
  • Stakeholder analysis
  • Problem statement
  • Intervention logic
  • Key performance indicators
  • The project schedule
  • Specify inputs

  • Understanding the work breakdown structure (WBS)
  • Creating a WBS
  • Components of the WBS
  • How to construct a Work Breakdown Structure
  • Decomposition into component parts
  • Include project management in the WBS

  • Project scheduling techniques
  • Types of activity dependencies
  • Setting project milestones
  • Determining project parameters
  • Labour and productivity factors
  • Network diagrams and Gantt charts
  • Step 1 Forward pass – calculate early start and early finish dates
  • Step 2 Backward pass – calculate late start and late finish dates
  • Step 3 Calculate float and identify the critical path
  • Negative float
  • Creating a Gantt chart
  • Resource management
  • Levelling resources

  • The importance of estimating project duration and cost
  • Three measures of accuracy
  • Estimating techniques
  • Cost management
  • Creating a detailed project budget and estimating costs
  • Materials costs

  • Project resource re estimations
  • Understanding the levels of balancing a project
  • Project level balancing
  • Contingency review and float
  • Human Resources in project balancing
  • Recruiting specialists to work on a project
  • Managing experts on a team
  • External experts
  • Subcontracting or outsourcing
  • Overtime benefits and drawbacks 

  • Balancing the project scope
  • Scaling down the project scope
  • Fixed Phase Scheduling
  • Fast tracking
  • Phased product delivery
  • Putting product ahead of process
  • Reducing profit margins 

  • Differentiating between groups and team in project management
  • Selecting Team members
  • Optimising interpersonal dynamics in a team
  • Building a positive team environment
  • Assigning activities and responsibilities 

  • Tuckermans teams performance model
  • Creating a high performing team
  • Frameworks of high performing teams
  • The importance of project sponsors
  • Managing Conflict

  • Introduction to project management communication
  • Project managers communication
  • Internal communication
  • Kick off meetings
  • Status and progress meetings
  • Teams development meeting
  • Review meetings
  • Problem-solving meetings
  • Change management meetings
  • Executive meetings
  • External Communication

  • Project Change Control
  • Change management roles
  • Project configuration
  • Understanding change configuration management
  • Document Version Control
  • Project Closure

  • Monitoring and reporting methods
  • Cost performance management
  • Cost performance calculation example
  • Schedule performance management
  • Earned value management (EVM)
  • Earned value structure
  • Advantages of earned value reporting
  • Key performance indicators
  • Solving common project challenges
  • Corporate challenges
  • Team challenges
  • Risk Challenges
  • Communication challenges
  • Expectation challenges 

  • Portfolio Management
  • Project portfolio management framework
  • Governance
  • Methodology
  • Project portfolio management and learn management
  • Learn project management
  • Customers point of view
  • Project flow

  • Introduction to risk management
  • Luca Pacioli
  • Girolamo Cardano
  • Blaise Pascal and Pierre de Fermat
  • John Graunt
  • Daniel Bernoulli
  • The notion of risk
  • Risk in the 21st century

  • Exploring the organisations development
  • Preliminary and defined risk management
  • Incorporated risk management
  • ISO 31000 Framework
  • King Code
  • Differences between King III and King IV

  • Risk Culture
  • Enterprise risk management
  • Organisational risk policies
  • Compliance considerations
  • Different South African Regulations
  • Three pillars of the GRC

  • What is uncertainty in risk management
  • Risk Disposition
  • Risk seeking
  • Risk Neutral
  • Risk Averse
  • Marginal Utility

  • Decision making or Choice making theories
  • Expected Utility Theory (EUT)
  • Expected Monetary Value (EMV)
  • Scenario Analysis
  • Discounted Cash Flow
  • Prospect Theory
  • Behavioral Decision Theory (BDT)
  • Game Theory

  • Overview of the probability theory
  • The Law of Large Numbers and Normal Distribution
  • A Priori Probability
  • Subjective Probability
  • Empirical Probabilities
  • Probability distributions
  • Value at risk
  • Monte Carlo Simulation
  • Maximax, Maximin, and Minimax

  • Porters 5 forces and risk management
  • Bargaining Power of Suppliers
  • Bargaining Power of Buyers
  • Threat of New Entrants
  • Threat of Substitutes
  • Intensity of Competitive Rivalry
  • Natural disasters and risk
  • Politically motivated risk
  • Social change and risk
  • Economic changes and risk
  • Technological advancements and risk
  • infrastructural risk
  • HR and Personal risk
  • Project Management risks
  • Compliance risks

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Accreditation

  • The course is accredited by the Quality Council for Trade and Occupations (QCTO).
  • QLS – Quality License Scheme (United Kingdom)

STUDY ANYWHERE AND ANYTIME

With Accelerate, online education has become straightforward. Instantly access your course content on a laptop, smartphone, or tablet, and study whenever you want.

STUDY ANYWHERE AND ANYTIME

Career Opportunities

  • Project Manager
  • Risk Manager
  • Program Manager
  • Project Analyst
  • Risk Analyst
  • Project Coordinator
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    Frequently Asked Questions

    The Advanced Project and Risk Management Course is accredited by the Quality Council for Trade and Occupations (QCTO), ensuring it meets high standards of quality and relevance in the fields of project and risk management.

    The course is designed with flexibility in mind. Students can start at their convenience and progress at their own pace. This approach caters to the needs of working professionals and those with other commitments.

    The course includes detailed slide presentations for each module, custom-made infographics to help students understand complex concepts, exclusive video content, and access to relevant eBooks. These materials are designed to accommodate different learning styles.

    Assessment is varied and comprehensive, including formative evaluations, multiple-choice quizzes, and comprehensive final exams. This approach ensures a thorough understanding of the course material.

    Students have continuous access to support throughout their course. This includes technical assistance, academic guidance, and resources to aid in the learning process.

    You are welcome to pay for the course upfront and in addition, Accelerate offers monthly promotions, with up to 50% off.

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