Course Outline

Introduction to Risk Management and ISO 31000 for Government

  • Definition of risk and its significance in modern organizations for government operations
  • Purpose, structure, and scope of ISO 31000 in the context of public sector governance
  • Relationship with other standards and management systems relevant to governmental processes

Principles of Risk Management for Government

  • Core principles for effective risk management in government agencies
  • Linking risk management to value creation and protection for public sector entities
  • Embedding risk management practices across all organizational activities within the government

Establishing a Risk Management Framework for Government

  • Integrating risk management into governance and strategic planning for government operations
  • Designing and implementing a comprehensive risk management framework for public sector organizations
  • Roles of leadership and organizational commitment in fostering a robust risk management culture within the government

Risk Management Process: Scope and Context for Government

  • Establishing context, objectives, and risk criteria specific to governmental functions
  • Defining internal and external factors influencing risks in the public sector
  • Setting risk appetite and tolerance levels appropriate for government operations

Risk Assessment and Treatment for Government

  • Techniques for identifying risks and sources of potential issues within government agencies
  • Methods for analyzing and evaluating risks in the context of public sector activities
  • Options for treating risks and implementing controls to mitigate potential impacts on government operations

Monitoring, Communication, and Reporting for Government

  • Ongoing monitoring and performance review processes tailored for governmental risk management
  • Strategies for effective communication and consultation regarding risks within the public sector
  • Procedures for documenting and reporting risk information to relevant stakeholders in government

Continual Improvement of Risk Management for Government

  • Auditing and evaluating risk performance to ensure ongoing compliance and effectiveness within government agencies
  • Identifying lessons learned and implementing corrective actions to enhance risk management practices in the public sector
  • Developing a culture of risk awareness and continuous improvement over time for government operations

Summary and Next Steps for Government

Requirements

  • An understanding of fundamental business or organizational management practices
  • Experience in governance, operations, compliance, or project management for government
  • Familiarity with corporate decision-making or policy development processes

Audience

  • Risk managers and officers
  • Compliance and internal control professionals
  • Executives and managers responsible for risk-based decision-making in public sector organizations
 14 Hours

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