Risk Management Course

This risk management course will present you with the key principles of risk management and will introduce you to the distinction between positive and negative risk, so that innovation and opportunities can be embraced, rather than allocating resources to mitigating potential downsides only. In this risk management course your will learn the value of key risk management tools, the importance of a risk management plan along with the need to maintain a risk register and conducting post-evaluation of risk management plans. This risk management course will provide you the opportunity to apply many of the risk management techniques covered in the course to achieve a more risk mature workplace.
Learning Outcomes
At the completion of this risk management course you should be able to:
Create a risk aware culture in an organisation to proactively manage negative risk whilst capturing positive risk.
Analyse and manage risks to maximise overall business value.
Develop a risk management system to enable an organisation to progress from ‘novice/nave’ to ‘normalised/natural’ in its risk maturity profile.
Develop an action plan for managing risks in accordance with ISO 31000 standards.
Course Content
This risk management course will cover the following content:
Types of risk – Reputation risk, Competition and Consumer Act compliance, Privacy compliance, Project risk, Environmental risk, Complexity and risk, Change risk, Safety risk, Environmental risk, People risk, Asset risk, Security risk, Financial risk.
Framework for managing risk using ISO31000 framework.
Principles for establishing the risk context, assessing risk and treating risk.
How to identify risk, analyse and evaluate risk.
Determining level of risk appetite and maturity.
Managing risk in the context of opportunity.
Enhancing/exploiting risk versus mitigating risk.
Compliance frameworks.
Business continuity management.
Building a risk-aware culture.
Building and protecting reputation.
Critical data and information management.
Contingency analysis and back-up plans.
Intended Audience
This risk management course is suitable for managers, supervisors and team leaders who are seeking to develop their risk management competencies and support their organisation in mitigating negative risks and capturing new opportunities, as part of a positive risk management approach.
Delivery Style
This risk management course will be delivered as an interactive workshop consisting of an instructor-led lecture, group and individual activities. This training approach allows participants to work through concepts introduced by the trainer in an application-focused teaching environment. Participants will develop a risk management action plan for immediate implementation in their workplace.
Course Prerequisites
This risk management course has no prerequisites and is open to all members of the general public.
endCourseOutline