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2025: Project Risk Management in the Public Sector

2025: Project Risk Management in the Public Sector

Course Objectives: To understand the fundamentals of project management in the public sector, To explore governance frameworks applicable to public sector projects, To analyse risks specific to public sector projects, including financing and external threats, To learn from case studies of public sector project failures and identify best practices, To equip participants with strategies for managing risks, including challenges posed by construction mafias and geopolitical factors.

Key benefits/ Outcomes: Enhanced understanding of public sector project management principles, Practical insights into applying governance frameworks like PMBOK, PRINCE2, and King IV, Tools for identifying and mitigating risks in public sector projects, Lessons from real-world failures to improve project outcomes, Strategies to manage external risks, including financing and security challenges.

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Day 1: Fundamentals and Governance in Public Sector Projects

Session 1: Introduction to Public Sector Project Management

  • Key differences between public and private sector project management.
  • Objectives and constraints unique to public sector projects.
  • Legislative requirements and best practice frameworks.

Session 2: Governance Frameworks for Public Sector Projects

  • Overview of PMBOK, PRINCE2, and King IV.
  • Application of governance principles to public sector initiatives.
  • Interactive exercise: Developing a governance structure for a public project.

Session 3: Risk Identification in the Public Sector

  • Common risks in public sector projects: Financing, supply chain fraud, delays, budget overruns, and stakeholder conflicts.
  • External risks: Regulatory changes, geopolitical instability, and construction mafias.
  • Case examples: Public projects affected by these risks.

 Session 4: Financing Risks in Public Sector Projects

  • Challenges in securing and managing funding.
  • Mitigating risks of budget shortfalls and mismanagement.
  • Practical exercise: Creating a risk-mitigated financing plan.

Session 5: Workshop

  • Group activity: Identifying key risks for a hypothetical public sector project and proposing mitigation strategies.
  • Peer feedback and expert insights.

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Day 2: Advanced Applications and Case Studies

Session 1: Case Studies of Public Sector Project Failures

  • Analysis of high-profile failures: Lessons from infrastructure, healthcare, and education projects.
  • Root cause analysis: Governance, stakeholder misalignment, and risk mismanagement.
  • Lessons learned for future success.

Session 2: Managing Risks from Construction Mafias

  • Understanding the impact of organized crime on public projects.
  • Strategies for mitigating threats, including stakeholder engagement and security measures.
  • Case study: Public infrastructure projects affected by construction mafias.

Session 3: Geopolitical and External Risks in Public Projects

  • Impact of global events such as wars, elections, and trade policies.
  • Mitigating supply chain disruptions and workforce challenges.
  • Practical exercise: Scenario planning for geopolitical risks.

Session 4: Ensuring Project Success through Governance and Leadership

  • Role of leadership in public sector project success.
  • Aligning project goals with stakeholder expectations.
  • Tools for effective project monitoring and reporting. Power BI and Power Pivot
  • Tools like Trelle to manage projects

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