Risk Management Essentials

Description

This course is an introduction to risk management.

In today’s complex and rapidly evolving world we face higher levels of complexity, uncertainty and ambiguity.

The scale, pace and reach of events and change bring new challenges, testing our ability to act, respond and survive in an increasingly and rapidly changing world. 

Organisations who survive and succeed during times of uncertainty and disruption are generally those who understand and actively manage their risks.

This course delivers more than just a list of policies and processes to implement risk management; it gets behind the subject to deliver practical understanding and guidance which individuals can take back to their workplaces and apply in their role.
Presented with case studies, practical examples and facilitated discussions, this course is designed to foster a deep understanding of the key aspects of risk management.

What you will learn

• Understand how risk management can be used to support organisations in achieving their objectives, creating value and integrating operations and strategy development activities.
• Understand the benefits of risk management and its relationship across a range of stakeholders.
• Be able to comfortably discuss and engage in risk management conversations. 
• Explain what is meant by risk management, its purpose and principles.
• Outline various global risk management standards (e.g. ISO 31000 and COSO).
• State the attributes of effective risk management and introduce key risk management disciplines.
• Understand the importance of culture  and risk management.
• Define risks, risk treatment plans, communication, monitoring and reporting for risks.
• Develop insights to sources of risk and how these impact the organisation.