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Every project has risks—but smart professionals plan for them. Learn how to identify, assess, and control risks to ensure successful project delivery with AIG’s “Risk Management in Projects” training. Designed for project professionals at all levels, this course provides step-by-step tools, frameworks, and real-world applications to make risk management an integral part of your project strategy.
Foundations of Risk Management in Projects
Understand the language of risk and why it’s critical for project success.
🔹 Difference between issue, risk, assumption
🔹 Overview of PMBOK® and ISO 31000 Risk Management frameworks
🔹 Risk categories and classifications
🔹 Key stakeholders in project risk ownership
Risk Identification Techniques
Learn how to proactively identify potential threats and opportunities in your project.
🔹 Brainstorming, checklists, cause-effect diagrams
🔹 Risk breakdown structures (RBS)
🔹 Documentation and expert interviews
Qualitative & Quantitative Risk Analysis
Prioritize risks using industry-standard evaluation methods.
🔹 Probability-Impact Matrix (P-I Matrix)
🔹 Monte Carlo Simulation & Decision Tree Analysis
🔹 Risk scoring and heat maps
Risk Response Planning
Craft strategies to handle threats and leverage opportunities.
🔹 Avoid, transfer, mitigate, accept
🔹 Contingency planning and fallback strategies
🔹 Opportunity management
Monitoring & Controlling Risks
Ensure continuous vigilance through proactive tracking.
🔹 Risk audits, trend analysis, and updates
🔹 Integrating with project monitoring tools (Jira, MS Project, etc.)
🔹 Risk reporting and stakeholder communication
Expert-Led Content
Developed by certified PMPs, ISO Lead Auditors, and real-world project managers.
Practice-Driven Learning
Hands-on risk register creation, simulations, and project case walkthroughs.
Affordable & Accessible
High-quality risk training content—at unmatched value.
Flexible Learning Model
Self-paced modules with optional live classes and 1:1 mentoring.
Global Certification Readiness
Ideal for professionals preparing for PMP®, PRINCE2®, or ISO 31000 certifications.
Comprehensive knowledge of end-to-end risk management lifecycle
Tools and techniques to identify, assess, and respond to project risks
Building risk registers, scoring matrices, and mitigation plans
Aligning risk practices with global frameworks like PMBOK®, PRINCE2®, and ISO 31000
Enhancing project predictability and stakeholder confidence
Project Managers & Team Leads
Risk Analysts & PMO Professionals
Business Analysts & Product Managers
Consultants involved in delivery or governance
Students and aspiring project professionals
✅ 100% Online & Self-Paced
✅ Ready-to-Use Risk Templates & Assessment Tools
✅ Real-Life Case Studies from Various Domains
✅ Dual Language Option—English & Hinglish
✅ Certificate of Completion from AIG
✅ Access to AIG Project Management Community Forum
60 hours of high quality Instructor led training.
Hands on training on Data Analysis using Minitab and live project data.
Mentor 5 Six Sigma projects to enable certification.
At AIG get trained on lean six sigma master black belt by practicing Master Black Belts.
Classes at AIG can be planned as per your availability. You can attend classes in multiple of 2 hours i.e. classes can be arranged for 2,4,6,8 hours.
You can pay your fee in installments or we can help setup EMI from the bank.
We use Technology to make our relationship more transparent and accountable. You can download our Android App for ease.
Get access to 100s of completed lean six sigma projects, articles and participate in discussions with industry experts.
We provide support to help you get placed. We help with interview preparation, resume building and alumni network for placement.
It’s a comprehensive course to help project professionals identify, analyze, plan, and monitor risks effectively—ideal for both experienced and new PMs.
No prior experience required. This course is designed for both beginners and working professionals.
100% online with a blend of pre-recorded modules, optional live mentoring, and downloadable toolkits.
Yes, participants will receive a certificate of completion from Advance Innovation Group.
Yes, you’ll get lifetime access to all course materials and the discussion forum.
Lean Six Sigma Consultant
Neha Sharma, a certified MBB, PMP and LA for several ISO Standards has had experience of training greater than 1000 Six Sigma Professionals for Black Belt and Green Belt programs. She has helped several firms with success change implementations.
LSS MBB, LA ISO 9001, 27001, 14001, 45001, 20000-1, 22301. 22001. IATF, 31000, ITIL Practioner, Prince2 Practioner, Scrum Master Etc.
CEO and Principal Consultant @AIG, Pranay has had an illustrious career of over 2.5 decades helping companies become profitable and organized. He has been instrumental in the setup of Management Systems, Lean Six Sigma Implementation, Project Mgmt framework, etc. He has mentored more than 20000 professionals in Lean Six Sigma, ISO Standards, Project Management, Digital Transformation, etc.
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