Course Outline

Introduction to Risk Management and ISO 31000 for Government

  • Definition of risk and its significance in modern organizations
  • Purpose, structure, and scope of ISO 31000
  • Relationship with other standards and management systems

Principles of Risk Management for Government

  • Core principles for effective risk management in the public sector
  • Linking risk to value creation and protection within government operations
  • Embedding risk management in all organizational activities for enhanced governance

Establishing a Risk Management Framework for Government

  • Integrating risk into governance and strategic planning processes
  • Designing and implementing the risk framework to align with public sector goals
  • Roles of leadership and organizational commitment in ensuring accountability

Risk Management Process: Scope and Context for Government

  • Establishing context, objectives, and risk criteria within government operations
  • Defining internal and external risk influences specific to the public sector
  • Establishing the risk appetite and tolerance levels for government agencies

Risk Assessment and Treatment for Government

  • Techniques for identifying risks and sources of potential issues in government settings
  • Methods for analyzing and evaluating risks to inform decision-making
  • Options for risk treatment and control measures tailored for public sector organizations

Monitoring, Communication, and Reporting for Government

  • Ongoing monitoring and performance review of risk management activities
  • Effective communication and consultation on risk matters within government entities
  • Documenting and reporting risk information to support transparency and accountability

Continual Improvement of Risk Management for Government

  • Auditing and evaluating the performance of risk management processes in government agencies
  • Identifying lessons learned and implementing corrective actions to enhance risk management practices
  • Fostering a risk-aware culture over time within public sector organizations

Summary and Next Steps for Government

Requirements

  • A foundational understanding of business or organizational management practices
  • Practical experience in governance, operations, compliance, or project management for government
  • Knowledge of corporate decision-making processes or policy development

Audience

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

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