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Project Risk, Uncertainty & Decision Analysis

Intensive 5-day course · English, Arabic & European languages

Professionals making or supporting project decisions examine risk and uncertainty across project management in 5 days. Delegates prepare plans and budgets, identify and assess risks, and select responses. Scheduling, resources and earned value management connect with stakeholder expectations and communication, while the closing work addresses team management, evaluation and benefit realisation.

Classroom

Public courses in our cities

  • 26–30 Oct 2026Doha£4,200 + VAT
  • 9–13 Nov 2026London£3,360 + VAT
  • 23–27 Nov 2026Abu Dhabi£4,200 + VAT
  • 14–18 Dec 2026Istanbul£2,280 + VAT
  • 28 Dec – 1 Jan 2026Jeddah£4,200 + VAT
  • 4–8 Jan 2027Rome£3,400 + VAT
Show 23 more dates
  • 18–22 Jan 2027Malaga£3,080 + VAT
  • 1–5 Feb 2027Munich£3,400 + VAT
  • 15–19 Feb 2027Sarajevo£3,400 + VAT
  • 8–12 Mar 2027Amsterdam£3,400 + VAT
  • 22–26 Mar 2027Dubai£4,200 + VAT
  • 12–16 Apr 2027London£3,360 + VAT
  • 26–30 Apr 2027Riyadh£4,200 + VAT
  • 10–14 May 2027Istanbul£2,280 + VAT
  • 24–28 May 2027Doha£4,200 + VAT
  • 7–11 Jun 2027Rome£3,400 + VAT
  • 21–25 Jun 2027Geneva£4,200 + VAT
  • 5–9 Jul 2027Munich£3,400 + VAT
  • 19–23 Jul 2027Abu Dhabi£4,200 + VAT
  • 9–13 Aug 2027Amsterdam£3,400 + VAT
  • 23–27 Aug 2027Cairo£2,280 + VAT
  • 13–17 Sep 2027London£3,360 + VAT
  • 27 Sep – 1 Oct 2027Jeddah£4,200 + VAT
  • 11–15 Oct 2027Istanbul£2,280 + VAT
  • 25–29 Oct 2027Singapore£4,200 + VAT
  • 1–5 Nov 2027Rome£3,400 + VAT
  • 15–19 Nov 2027Muscat£3,080 + VAT
  • 6–10 Dec 2027Munich£3,400 + VAT
  • 20–24 Dec 2027Casablanca£2,280 + VAT

Group discount: 2 delegates 20% · 3 delegates 35% · 5 or more delegates 50%

Can't make these dates? We can run this course for your team on dates that suit you. Ask for custom dates · In-house options

Online (live)

With a trainer, on dates to suit your team

This course can be taught live online by a trainer, in English, Arabic or any European language, for one person or a whole team.

£1,850 + VAT

Group discount: 2 delegates 20% · 3 delegates 35% · 5 or more delegates 50%

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Project Risk, Uncertainty & Decision Analysis

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Course overview

Project decisions often involve pressure and uncertain conditions. The course examines fundamental project management concepts alongside advanced project and risk management approaches, with a systematic view of the processes used to pursue business objectives. Delegates consider potential problems before they occur and develop a project plan, risk strategy and stakeholder management strategy.

Decisions face different evidence conditions. The discussion distinguishes certainty, risk and uncertainty before addressing current risk concepts and standards, planning, identification and qualitative assessment. Schedule-risk and cost-risk analysis inform response choices, implementation and follow-up. Practical techniques address typical project issues, with risk reporting connected to project monitoring.

The project lifecycle supplies the context. Initiation, scope and Work Breakdown Structure (WBS) topics precede activity sequencing, scheduling, resources and earned value management (EVM). Execution then brings stakeholder expectations, communication and team management into the discussion. Closure, lessons learnt and post-project evaluation include the realisation of benefits.

Course objectives

By the end of the course, delegates will be able to:

  1. Explain fundamental concepts of project management
  2. Prepare and execute a project plan
  3. Identify and analyse risks affecting projects
  4. Apply strategies for addressing common project issues

Who should attend

This course suits:

  • Professionals making or supporting project decisions who need to develop and justify solutions
  • Project management professionals and supporting personnel
  • Internal auditors and management accountants

Daily agenda

  1. Day 1

    Project and risk management foundations

    • Characteristics of projects and their management
    • Managing projects, programmes and portfolios
    • Project organisation, lifecycle and the Stage Gate approach
    • Processes for starting projects
    • Scope definition and preparation of a WBS
  2. Day 2

    Time, resources and cost

    • Defining project activities and their sequence
    • Developing the project schedule
    • Managing project resources
    • Estimating costs and setting budgets
    • Principles of earned value management (EVM)
  3. Day 3

    Identifying risks and planning the approach

    • Decision-making with certainty, risk or uncertainty
    • An introduction to risk management
    • Current risk management concepts and standards
    • Steps in planning risk management
    • Identifying and assessing risks
    • Analysing risks qualitatively
  4. Day 4

    Responses, monitoring and risk controls

    • Analysing schedule risks and cost risks
    • Choosing risk response strategies
    • Putting risk responses into practice
    • Monitoring risks and following up actions
    • Preparing risk reports
  5. Day 5

    Delivery, review and closure

    • Managing expectations among stakeholders
    • Managing communication in the project
    • Managing the team delivering the project
    • Completing project closure
    • Reviewing lessons learnt
    • Evaluating the project after completion and assessing benefit realisation

Certificate

Every delegate who completes the course receives an ARUK Training Certificate of Attendance.

Frequently asked questions

How do I register?

Choose a date and city in the schedule and press Register, or send us an enquiry. Our team confirms your place and sends an invoice.

Are fees shown with VAT?

Fees are shown per delegate and exclude VAT, which is added to the invoice where applicable.

Can this course be delivered for our team only?

Yes. Any ARUK course can be delivered in-house at your premises, in a meeting room we book for you, or 1-to-1.

Is this course available online?

Yes. We run it live online with a trainer, on dates that suit your team, for £1,850 + VAT per delegate.

Is there a group discount?

Yes. 20% for 2 delegates, 35% for 3 delegates and 50% for 5 or more delegates on the same course.

Can the course be delivered in Arabic or another language?

Yes. Our courses can be delivered in English, Arabic or any European language, by a trainer who teaches in that language. Mention your preferred language when you register or enquire.

What certificate will I receive?

An ARUK Training Certificate of Attendance.

Related courses

Register

Project Risk, Uncertainty & Decision Analysis

Key booking terms (read before you register)
  • The full fee is paid in advance, before the course starts.
  • Cancel in writing 30 or more days before the start date (45 for in-house) for a refund. Later than that, the full fee is payable.
  • No refund for non-attendance or partial attendance.
  • Places are for the named delegate only; another person cannot attend instead.
  • Moving to another date or city is only possible if ARUK agrees in writing.
  • Travel, accommodation and visas are your responsibility. A refused visa does not change the cancellation terms.

booking terms and conditions

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Project Risk, Uncertainty & Decision Analysis