With risk management forming a core part of the project management process, training in this skills area can effectively help bolster your career in the industry. You'll gain knowledge of best practices for identifying, analysing, and responding to varying risk factors, helping improve the overall outcomes of a project's life cycle. Such methods grant you a proactive, rather than reactive approach to managing projects and the many uncertainties often involved.
As project managers continue to surge in demand, a strong knowledge of risk management can help you stand out amongst others in the job market. The average project manager currently earns a generous $127K AUD a year in Australia, according to Indeed - with risk management consultants earning an average of $99K AUD annually.