Risk Management is a program that really encourages good positive, pro-active behaviours towards risk in your projects. Whether in the public or private sectors, we all need to ensure that the projects that we are either selecting, or delivering are not going to become “white elephants”, wasted opportunities that cost the organisation or even country monies that can lead to financial disaster.
If an important capital project does not achieve the financial and economic goals of the promoter organisation, it can result in financial losses, waste of resources and impacts across wider reputational spheres. We consider private funding, but also collaborative approaches that can remove much of the pressure from the decision-makers or those delivering those key projects. The aim of this course is to avoid such situations by giving participants the tools and techniques of modern economic and financial project appraisal to increase the chances of delivering projects safely.