Course Objectives
This 2-Day risk management course is designed to equip participants with essential skills in identifying, assessing, and mitigating risks. Through practical exercises and case studies, attendees learn to develop effective risk response plans and enhance decision-making processes within their organization’s.
The objectives of this course are to:
- Understand the fundamentals of risk management and its relevance in business.
- Identify and assess various types of risks to which organisations are exposed
- Develop strategies and techniques for effective risk mitigation and control
- Emphasise the importance of continuous monitoring of risks and utilisation of key risk indicators
- Enhance communication and reporting skills to convey risk information within the organisation effectively
Learning Outcomes
Upon completion of the course, participants will achieve the following learning outcomes:
- Enhanced Understanding of Risk Management i.e. deep understanding of risk management principles, methodologies, and tools.
- Improved Risk Management Skills i.e. practical skills in identifying, analyzing, and managing risks effectively.
The participant will be able to:
3. Formulate risk mitigation plans and implement control measures to minimize the impact of identified risks.
4.Explain the importance of ongoing risk monitoring and use key risk indicators for proactive risk management.
5.Articulate risk information clearly and use appropriate reporting mechanisms to communicate risks effectively to relevant stakeholders.
6.Apply the knowledge and techniques to implement risk management processes within their organisations, leading to more informed decision-making, better risk oversight, and enhanced business resilience.
This course is designed for risk managers and risk practitioners.