Risk Management - Risk Management Essentials & Professional

These courses provide delegates with the essential elements of risk management. They consider the nature of risk in a commercial and service delivery environment, exploring how risk must be managed so as to protect assets, safeguard investment and maintain stakeholder value. In particular, they will introduce a generic framework aimed at managing all risks in a consistent manner right across an organisation.

Course Content

• What is Risk?
• Corporate Governance
• Responsibilities of executives and non-executives
• Governance led risk management
• Creation of risk management policies
• Ownership of the policies
• Roles and responsibilities of senior management
• The role of the Risk Manager
• Processes of risk analysis
• Risk identification
• Categories/types of risk
• Workshops
• Other methods and approaches
• Risk ownership
• Risk evaluation
• Probability and impact
• Proximity
• Establishing risk appetite/tolerance
• Determining appropriate risk responses
• Elimination/termination of risk
• Sharing risk
• Containment responses
• Contingent responses
• Accepting/tolerating risk
• Implementing risk responses
• Evaluating the effectiveness of risk responses
• Tools and techniques
• The Risk Register
• Graphical analysis and reporting techniques
• Cause and Effect Diagrams
• Learning from previous experience
• Managing risks in projects and programmes
• Benefits of risk management
• Embedding required risk management practice into day-to-day activities

Delegate Profile

Anyone requiring a broad understanding of the essential elements of risk management, including executive and non-executive directors, line/operational managers and those moving into a specialist risk management role.

Course Length

The Essentials course is run over two days. The Professional course is run over three days and includes case study work that allows delegates to apply what they have learned to a real-life scenario.

Booking

To book one of these courses, please contact Amberwing using the details shown below.