Thank you for sending your enquiry! One of our team members will contact you shortly.
Thank you for sending your booking! One of our team members will contact you shortly.
Duration 14 hours
Course Outline
Overview of Risk Management Frameworks and the ISO 31000 Standard
- Defining risk concepts and their critical role in contemporary organizational governance
- Examining the objectives, structure, and applicable scope of the ISO 31000 standard
- Analyzing the alignment between ISO 31000 and other established management systems and standards
Fundamental Principles of Risk Management
- Identifying core principles that underpin effective risk management practices
- Connecting risk management strategies to the creation and protection of organizational value
- Integrating risk considerations into all operational and strategic activities
Implementation of a Risk Management Framework
- Embedding risk management within governance structures and strategic planning
- Designing and executing a comprehensive risk management framework
- Defining the responsibilities of leadership and ensuring organizational commitment
Risk Management Process: Establishing Scope and Context
- Setting the context, defining objectives, and establishing risk criteria
- Identifying internal and external factors that influence risk profiles
- Determining appropriate risk appetite and tolerance levels for government and organizational contexts
Conducting Risk Assessment and Treatment
- Applying techniques for risk identification and tracing sources of potential risk
- Utilizing methods for risk analysis and evaluation to prioritize threats
- Selecting risk treatment options and implementing appropriate controls
Monitoring, Communication, and Reporting Mechanisms
- Conducting continuous monitoring and reviewing risk performance metrics
- Facilitating effective risk communication and stakeholder consultation
- Documenting and reporting risk data to ensure transparency and accountability
Continuous Improvement of Risk Management Practices
- Auditing and evaluating the effectiveness of risk management performance
- Leveraging lessons learned and implementing corrective actions
- Cultivating a sustained, risk-aware organizational culture
Concluding Summary and Recommended Actions
Requirements
- Proficiency in basic business or organizational management practices
- Professional experience in governance, operations, compliance, or project management
- Familiarity with corporate decision-making processes or policy formulation
Target Audience
- Risk managers and designated risk officers
- Specialists in compliance and internal controls
- Senior executives and managers tasked with making risk-informed decisions, particularly in public sector contexts
Testimonials (1)
Speed of response and communication
