Upon completion of this course, students are expected to be able to do the following:

• Determine the level of risk exposure that is acceptable in pursuit of project objectives, and define a risk strategy for the project.
• Identify and accurately describe potential threats and opportunities associated with a project.
• Analyze the likelihood of individual threats or opportunities occurring and their potential impact on overall risk of meeting objectives.
• Determine appropriate responses to significant risks, and evaluate implemented responses.

Chapter I: Introduction to Risk Management

1. 1. An over view of Risk Management
   2. Perspectives on Risk
   3. Sources of Risk on Projects
   4. Risk and Time Horizons
   5.  Risk Exposure
   6. Classification of risk
   7. Risk Management Roles and Responsibilities

Chapter II: -Phases of Risk Management

1. 1. Risk identification
   2. Risk measurement
   3.  Risk administration

Chapter III: -The Project Cycle and Risk Management Effort

Chapter IV: -Risk Management Methods

1. 1. Risk control techniques
      1. Avoidance
      2. Loss prevention                                                   
      3. Loss Control
      4. Separation /diversification
      5. Combination
   2. Risk financing techniques
      1. Retention
      2. Self- insurance
      3. Non- insurance transfers
      4. Insurance

Chapter V: -Review of Risks Over Time Intervals