N03 – Project Risk Management for Maritime Projects

This course aims to develop practical skill in identifying, quantifying and managing risk in maritime engineering projects, using heuristic screening, Product Breakdown Structures, Potential Problem Analysis, FMEA, Root Cause Analysis and opportunity-focused project thinking through maritime examples.

£299.00

20 hours

Focused, self-paced learning designed to fit around professional schedules.

Online, self-paced

Study online at a pace that fits your schedule.

9 sections

Structured curriculum sections.

English

Language of instruction for this course.

43 lessons

Focused lessons organised into a clear learning path.

Course overview

Designed for: engineering graduates looking for refresher courses in niche expert areas.

Entry requirements: an engineering degree or equivalent experience; experience of working on, or alongside, engineering projects is helpful, and no prior training in risk management is needed.

Learning format: self-paced online lessons with audio read-out, worked examples (risk exposure, FMEA scoring and human failure probabilities), case studies (an ocean voyage, a design office and the Tenerife runway collision), five interactive decision scenarios, interactive tabs, flip cards and expandable panels, in-lesson checks, an AI tutor to answer questions as you go, and graded quizzes. This suits the aim because risk management is a practical skill, so worked examples, case studies and decision scenarios let you apply each method to a maritime project before you use it on your own work.

What you will learn

Define project risk and explain how probability, consequence, and buffer shape project exposure.

Apply heuristic questionnaires to surface weak boundary conditions early in a project.

Build a Product Breakdown Structure and use the three-colour method to screen work packages for risk.

Analyse project vulnerabilities using Potential Problem Analysis and Failure Mode and Effect Analysis.

Investigate incidents using Root Cause Analysis to identify root causes, failure mechanisms, and missing barriers.

Contrast risk-focused and opportunity-focused project thinking and select practical risk-management measures for maritime projects.

Skills and knowledge

Project risk management

Maritime projects

Heuristic screening

PBS

FMEA

Root cause analysis

Risk mitigation

Course curriculum

Introduction

1.1 Welcome

Risk Fundamentals

2.1 Projects and Constraints
2.2 Risk, Consequence and Buffer
2.3 Analysis and Management
2.4 Time, Cost and Quality
2.5 Risk Causes and Mindset
2.6 Quiz 1

Heuristic Screening

3.1 The Five-Step Method
3.2 Boundary Conditions
3.3 Questionnaire Categories
3.4 Ocean Voyage Example
3.5 Quiz 2

PBS and Colour Screening

4.1 What a PBS Does
4.2 Deliverables and Management Products
4.3 Building a PBS
4.4 The Three-Colour Method
4.5 Design Office Case
4.6 Quiz 3

PPA and FMEA

5.1 Potential Problem Analysis
5.2 Writing Risk Statements
5.3 FMEA and Guide Words
5.4 Scoring Risk Three Ways
5.5 Human Failure Probabilities
5.6 Worked FMEA Example
5.7 Quiz 4

Root Cause Analysis

6.1 Beyond the First Symptom
6.2 Describing the Problem
6.3 Event and Cause Chains
6.4 Mechanisms and Barriers
6.5 Tenerife Case
6.6 Quiz 5

Risk and Opportunity Thinking

7.1 Two Project Mindsets
7.2 Potential Opportunity Analysis
7.3 Opportunity Example
7.4 Comparing the Mindsets
7.5 Quiz 6

Putting Risk Into Practice

8.1 Why, When and Who
8.2 Cost and Risk Reduction
8.3 Building a Risk Log
8.4 Mitigation Categories
8.5 Integrated Risk Practice
8.6 Quiz 7

Summary

9.1 Key Takeaways

Ready to enrol?

£299.00