• Coventry University logo

Project Risk and Control Management

Learn how to prepare for, minimise and control potential hazards to your projects.

Project Risk and Control Management
  • Duration

    2 weeks
  • Weekly study

    8 hours

Discover ways to ensure the smooth-running of a project through risk analysis

When obstacles present themselves during a project, how should you handle them? The objective of this course is to equip you with advanced skills in project management related to risk and control management.

Learn how to monitor project performance, identify risks, and address potential threats to an otherwise successful outcome.

You will perform qualitative and quantitative risk analysis, create a risk-management plan, manage the treatment of risks, and evaluate discrepancies relating to the scope, cost and schedule of a project.

What topics will you cover?

  • Chart project progress and performance
  • Identify changes to the project baseline
  • Change control and configuration management
  • Earned value management to monitor and control cost
  • Identify risks and opportunities
  • Explore the project risk analysis management process
  • Identify sources of risk
  • Perform qualitative and quantitative risk analyses
  • Create a risk management plan
  • Consider the roles and responsibilities in risk management
  • Examine the organisational structure for risk management
  • Establish a risk response plan
  • Manage the treatment of risks

Learning on this course

You can take this self-guided course and learn at your own pace. On every step of the course you can meet other learners, share your ideas and join in with active discussions in the comments.

What will you achieve?

By the end of the course, you‘ll be able to...

  • Evaluate variances as they pertain to project scope, cost, and schedule, and demonstrate how to formally communicate such variances to the stakeholders
  • Develop a qualitative risk assessment
  • Evaluate the nature of risk and opportunity, and construct a prioritised risk register
  • Classify the project risks and construct a prioritised risk register with a risk response plan

Who is the course for?

This course is for anyone wishing to learn how to deliver strategic change through project management in business.

Please note that the individuals detailed in the ‘Who will you learn with?’ section below, are current staff members and may be subject to change.

Who will you learn with?

Dr Dennis Chapman is a Lecturer in Project Management and Deputy Course Director for the BA in Business Management at Coventry University’s School of Strategy and Leadership (SSL).

Who developed the course?

Coventry University

Coventry secured gold in the UK Government’s 2017 Teaching Excellence Framework (TEF) and is University of the Year for Student Experience in The Times & The Sunday Times Good University Guide 2019.

  • Established

  • Location


Learning on FutureLearn

Your learning, your rules

  • Courses are split into weeks, activities, and steps, but you can complete them as quickly or slowly as you like
  • Learn through a mix of bite-sized videos, long- and short-form articles, audio, and practical activities
  • Stay motivated by using the Progress page to keep track of your step completion and assessment scores

Join a global classroom

  • Experience the power of social learning, and get inspired by an international network of learners
  • Share ideas with your peers and course educators on every step of the course
  • Join the conversation by reading, @ing, liking, bookmarking, and replying to comments from others

Map your progress

  • As you work through the course, use notifications and the Progress page to guide your learning
  • Whenever you’re ready, mark each step as complete, you’re in control

Want to know more about learning on FutureLearn? Using FutureLearn