Market News
All programmesProject & Programme Management / PM-PRO-004

Project Decisions under Uncertainty

A practical programme in project decisions under uncertainty, connecting working concepts with team decisions and relevant workplace examples.

About the Course

This programme develops a working approach to project decisions under uncertainty in the context of project scope, delivery and uncertainty. Participants move from understanding the main concepts to examining a case, testing alternatives and explaining a practical recommendation. The three modules focus on scenarios, risk analysis and decision criteria. Examples are selected after the training brief so that they reflect the responsibilities and experience of the participant group.

Course Objectives

  • Explain the role of scenarios and identify the information required for a reliable assessment.
  • Use a structured worksheet to examine risk analysis and compare reasonable alternatives.
  • Identify assumptions, missing evidence and implementation concerns related to decision criteria.
  • Prepare a delivery recommendation with milestones and risk responses for discussion with a project delivery team.
  • Translate the exercise into a workplace action plan with owners, review points and measurable progress.

Who Can Benefit

  • Project managers and coordinators: apply scenarios to their responsibilities through a guided case and a course-specific worksheet.
  • Planning and project-control teams: apply risk analysis to their responsibilities through a guided case and a course-specific worksheet.
  • Project sponsors and delivery leads: apply decision criteria to their responsibilities through a guided case and a course-specific worksheet.

Participant experience and learning needs are reviewed before the programme is confirmed.

Curriculum & Practical Work

Day 1

Scenarios

Map a current situation involving scenarios; separate facts from assumptions and identify questions that need clarification.

Day 2

Risk analysis

Compare two approaches to risk analysis; explain the expected benefits, limitations and information gaps.

Day 3

Decision criteria

Develop an action plan for decision criteria; assign responsibilities and agree how results should be reviewed.

Learning Method

Short concept discussions, guided worksheets, group comparisons and instructor feedback, followed by a workplace action plan.

Educational programme. No professional accreditation is implied; specialist legal, engineering or tax advice requires qualified professionals.