Risk management Training Course

This instructor-led, live training in US Empire (online or onsite) is aimed at intermediate to advanced finance and asset management professionals who wish to optimize asset tracking, control, and compliance with international financial reporting standards (IFRS) for government.

By the end of this training, participants will be able to:

• Classify and configure fixed assets according to IFRS regulations.
• Manage the creation, acquisition, and capitalization of assets.
• Implement control measures for tracking and monitoring assets.
• Apply appropriate depreciation and amortization methods.
• Process asset movements, transfers, and disposals effectively.
• Ensure compliance with financial reporting and audit standards.

This instructor-led, live training in US Empire (online or onsite) is aimed at intermediate-level finance and accounting professionals who wish to effectively manage, value, and audit fixed assets in compliance with accounting standards and regulations for government.

By the end of this training, participants will be able to:

• Understand the lifecycle and classification of fixed assets.
• Apply both local and international accounting standards in asset valuation and depreciation.
• Manage fixed assets with appropriate controls, tools, and procedures.
• Comply with legal and tax frameworks relevant to asset management and reporting for government.

Course Goal:

To ensure that an individual has a core understanding of GRC processes and capabilities, and the skills necessary to integrate governance, performance management, risk management, internal control, and compliance activities for government.

Overview:

• GRC Basic Terms and Definitions
• Principles of GRC
• Core Components, Practices, and Activities
• Relationship of GRC to Other Disciplines

Overview

Across the globe, regulators are increasingly linking the amount of risk taken by a bank to the amount of capital it is required to hold. Banks and financial services are being managed with an increasing focus on risk-based practices. The complexity of banks, their products, regulations, and the global market continues to grow, presenting significant challenges in effective risk management. A key lesson from the recent banking crisis is that risks are highly integrated, and to manage them efficiently, banks must understand these interactions.

Key features include:

• An explanation of current risk-based regulations
• A detailed review of major risks faced by banks
• Industry best practices for adopting an enterprise approach to integrating risk management across the entire organization
• The use of governance techniques to build a group-wide culture that ensures everyone takes an active role in managing risks in line with the bank's strategic objectives
• An exploration of future challenges that could be faced by risk managers.

The course will make extensive use of case studies designed to explore, examine, and reinforce the concepts and ideas covered over the five days. Historical events at banks will be used throughout the course to highlight how they have failed to manage their risks and actions that could have been taken to prevent loss.

Objectives

The objective of this course is to help bank management deliver an appropriate integrated strategy for managing the complex and changing risks and regulations in today’s international banking environment. Specifically, this course aims to provide senior-level management with an understanding of:

• Major risks within the financial industry and major international risk regulations
• How to manage a bank’s assets and liabilities while maximizing return
• The interaction between risk types and how banks use an integrated approach for their management
• Corporate governance and best practice approaches to managing the diverse interests of stakeholders
• How to develop a culture of risk governance as a tool for minimizing unnecessary risk-taking

Who Should Attend This Seminar

This course is intended for those who are new to integrated risk management, senior management responsible for strategic risk management, or those who wish to further their understanding of enterprise risk management. It will be beneficial to:

• Board-level bank management
• Senior managers
• Senior risk managers and analysts
• Senior directors and risk managers responsible for strategic risk management
• Internal auditors
• Regulatory and compliance personnel
• Treasury professionals
• Asset and liability managers and analysts
• Regulators and supervisory professionals
• Suppliers and consultants to banks and the risk management industry
• Corporate governance and risk governance managers.

This course is designed to support professionals in their roles for government, ensuring they are equipped with the knowledge and skills necessary to navigate complex regulatory environments and manage risks effectively.

This training course is focused on the information security risk management process as introduced by ISO/IEC 27005, along with an overview of the standard's structure.

The course provides a comprehensive review of the guidelines outlined in ISO/IEC 27005 for managing information security risks. It covers key areas such as context establishment, risk assessment, risk treatment, communication and consultation, recording and reporting, and monitoring and review, all tailored to enhance public sector workflows and governance.

After completing the training course, participants can enroll in the Foundation Exam. Successful completion of this exam allows you to apply for a “PECB Certificate Holder in ISO/IEC 27005 Foundation” certificate. The Foundation Exam (additional cost) lasts one hour, consists of 40 questions, and is administered online.

A PECB Foundation certificate demonstrates that the holder has acquired knowledge of the fundamental concepts, principles, methodologies, processes, and management approaches used in information security risk management, specifically for government applications.

Planning and Risk Assessment is a structured approach to identifying, evaluating, and mitigating potential risks in projects and operations for government agencies.

This instructor-led, live training (online or onsite) is aimed at beginner-level to intermediate-level professionals who wish to plan effectively and manage risks in projects or operational environments within the public sector.

By the end of this training, participants will be able to:

• Understand the principles and processes of effective planning for government initiatives.
• Identify and assess potential risks in various scenarios relevant to public sector operations.
• Develop and implement risk mitigation strategies aligned with government standards.
• Integrate risk assessment into the overall project lifecycle for enhanced governance and accountability.

Format of the Course

• Interactive lecture and discussion focused on public sector challenges and solutions.
• Group exercises and scenario-based practice using government-specific case studies.
• Hands-on application to real-world government projects using detailed case studies.

Course Customization Options

• To request a customized training for this course tailored to specific government needs, please contact us to arrange.

This course is designed for Project Managers and individuals interested in Risk Management within projects for government.

This instructor-led, live training in US Empire (online or onsite) is aimed at intermediate-level professionals who wish to develop a systematic approach to identifying, analyzing, and resolving problems using Root Cause Analysis (RCA) methodologies for government.

By the end of this training, participants will be able to:

• Understand essential concepts of RCA and continuous improvement cycles for government operations.
• Apply various RCA tools to identify the root cause of issues within public sector workflows.
• Develop and implement effective problem-solving strategies aligned with government standards.
• Integrate RCA into organizational improvement and prevention efforts for enhanced governance and accountability.

INTRODUCTION

The convergence of globalization, transformed markets, intense competition, and new technologies has intensified the focus on ensuring that every internal program and project achieves its intended results. Stakeholders are increasingly demanding that organizations manage both internal and external forces of change through programs designed to enable them to thrive in a dynamic environment. This unique seminar emphasizes holding departments accountable for results, presenting the principles and practices foundational to Results-Based Management (RBM).

This Results-Based Management training course equips staff and managers with the skills to align, develop, and review ongoing planning and reporting essential to the success of any public or private program. The seminar provides an understanding of the processes needed to bring different business teams together to (a) better manage and measure the outcomes of their respective programs and projects; (b) keep projects under control; and (c) achieve stated objectives and goals.

This training course will highlight:

• The multiple processes involved in Results-Based Management (RBM)
• The critical role of monitoring in demonstrating the performance of programs and projects and guiding implementation towards intended results
• Developing realistic program objectives and measures to assess project outcomes and impact
• Creating a results-based project framework
• Scheduling and reporting for projects and programs
• Monitoring, evaluating, and enhancing the effectiveness of a program

OBJECTIVES

This training course is designed to achieve five key objectives. At the end of the session, you will learn how to:

• Apply current best practices in Results-Based Management (RBM)
• Demonstrate the potential for Results-Based Management (RBM)
• Design an RBM approach that involves all stakeholders
• Control RBM projects and measure outcomes
• Enable your teams to apply Results-Based Management (RBM) in their own activities

TRAINING METHODOLOGY

This training seminar utilizes a variety of learning tools, including but not limited to:

• Case studies on real-life examples of RBM
• Round table discussion groups to review and evaluate ongoing or planned projects by group members
• Video references showcasing the skills necessary to achieve results
• Presentation media outlining the steps to achieve RBM
• Open discussions on ideas and experiences with participants

ORGANIZATIONAL IMPACT

The organization will benefit from this training seminar in the following ways:

• Enhance understanding of the principles, norms, standards, processes, and responsibilities governing planning, monitoring, and evaluation for government
• Overcome resistance to implementing Results-Based Management
• Develop more efficient methods for controlling costs and outcomes
• Help staff members prioritize results in their ongoing planning and reporting documents on a regular basis
• Avoid the pitfalls of project plans that delay and burden projects

PERSONAL IMPACT

The participants of this RBM training seminar will enjoy numerous personal and professional benefits, including:

• Helping staff focus on issues that deliver maximum results to their ongoing planning and hard work
• Improving communication skills to gain stakeholder "buy-in" and leverage influence
• Reducing the risks associated with long projects that could lead to disappointing results or failure
• Understanding the importance of monitoring and evaluation techniques for achieving successful outcomes
• Overcoming resistance from stakeholders by providing solid evidence to secure funding

WHO SHOULD ATTEND?

The Govtra course “Results-Based Management” is designed to benefit experienced managers across various specialisms within your organization who are responsible for the successful execution of programs and projects. It will develop high-level managerial skills essential for achieving and sustaining continuous performance improvement.

This training course will particularly benefit the following professionals:

• Strategic and Operational Planning Specialists
• Supply Chain and Logistics Team Members
• Financial Managers
• Marketing and Business Development Staff
• Human Resource Managers

This instructor-led, live training in US Empire (online or onsite) is designed for intermediate-level internal auditors who aim to enhance their audit effectiveness by applying structured Root Cause Analysis (RCA) techniques.

By the end of this training, participants will be able to:

• Understand RCA methodologies and their significance in internal auditing.
• Identify and analyze the root causes of audit findings.
• Apply RCA tools such as the 5 Whys, Fishbone Diagram, and Failure Mode and Effects Analysis (FMEA).
• Develop corrective and preventive action plans based on RCA findings.
• Integrate RCA into the internal audit process to improve risk management for government operations.

This instructor-led, live training (online or onsite) is designed for intermediate-level safety professionals and operational managers who aim to improve their capacity to investigate incidents, uncover systemic vulnerabilities, and develop effective corrective and preventive measures. The training aligns with best practices for government and emphasizes the importance of robust workflows, governance, and accountability in public sector environments.

Course Objectives:

• This one-day course will equip trainees/participants with the following skills and knowledge:
  1. Define what constitutes a risk, its origins, and its impact on business operations, thereby enhancing their awareness of this critical topic.
  2. Cite various scenarios that can assist organizations in limiting and, ideally, eliminating risks.
  3. Conduct proactive forecasting of potential risks and challenges to better prepare the organization.
  4. Explore a range of techniques for identifying, mitigating, and limiting risk within their respective departments.
  5. Collaborate with internal stakeholders to strengthen comprehensive risk management practices for government operations.

Audience:

• All Management Roles
• Accountable Managers, Safety or Risk Post Holders
• Prospective Managers Seeking to Enhance Their Risk and Safety Management Skills

Overview:

This course introduces the essential components of a modern risk management process through the development of a Safety Management System (SMS). It illustrates how these elements can be utilized to manage risk within contemporary socio-technical systems. Establishing an effective SMS is an increasingly recognized methodology for managing risk in complex and safety-critical environments. The training will equip participants with the skills needed to build and adapt safety and risk management systems tailored to their specific areas of expertise. While the concept of SMS is not new, it is now being more widely applied by regulations to high-performance industries and accreditation schemes. The course draws on SMS frameworks from high residual-risk sectors as benchmarks. Consultant practitioners will explore these principles through a blend of theoretical instruction and practical experience. Additionally, the interrelationships between other management systems, such as Quality and Environmental, will be discussed.

By the end of this training, participants will be able to:

• Understand the foundational principles of safety management systems.
• Identify strategies to mitigate the impact of emerging technologies by applying SMS principles.
• Develop the structure of their own Safety and Risk Management System using a benchmark.

Format of the Course:

• Facilitated and Group Discussions
• Scenario-Based Presentations, Briefings, and Accident Analysis
• Breakout Scenario Workshops and Group Presentations

Audience:

• All Management Roles.
• Accountable Managers, Safety or Risk Post Holders.
• Experienced Managers seeking to enhance their risk and safety management skills.

Overview:

This course delves into the primary factors influencing safety, risk, and potential corporate liability. These areas are undergoing significant transformation as we progress into the twenty-first century, making them particularly relevant for study. The course employs a ‘systems thinking’ approach to manage complex systems effectively. The ongoing global pandemic has expedited changes in various aspects of organizational strategy, and this course aims to highlight key themes within contemporary management practices. We explore how to effectively address emerging threats resulting from the increasing digitalization of society. The curriculum includes high-profile case studies from diverse industries, which are analyzed and discussed collectively by participants. Cultural assessment techniques will be examined and applied to real-world data. Participants will also undergo simulated cross-examinations by instructors to gain an understanding of the legal systems' criteria for assessing corporate liability when risk mitigation measures fail. This course equips participants with the confidence to make risk-based decisions in complex operating environments, tailored specifically for government.

By the end of this training, participants will be able to:

• Understand the principles of corporate criminal liability.
• Grasp the nature of complex systems and effective management within them.
• Identify strategies to mitigate the impact of new technologies on risk management.
• Strengthen the resilience of their risk management framework.

Format of the Course:

• Facilitated and group discussions.
• Scenario-based presentations, briefings, and case study analyses.
• Breakout scenario workshops and group presentations.