902076

Risk Management

$199.00

Level 1 | Duration: 2 Hours

In this course, you will learn about the seven R’s and four T’s that traditionally represent the key activities of risk management. This will give you a framework that you can customize for a single project, a department, or an entire company.

Available!

Return to Store

Risk management has long been a key part of project management and it has also become an increasingly important part of organisational best practices. Corporations have realised that effective risk management can not only reduce the negative impact of crises; it can provide real benefits and cost savings.

The risk management framework provided in this course is flexible enough for any organisation. You can apply it to a single project, a department, or use it as a basis for an enterprise-wide risk management program.

Learning Objectives

  • Define risk and risk management.
  • Describe the COSO ERM cube and ISO 31000.
  • Establish a risk management context.
  • Describe the 7 R’s and 4 T’s that form the framework of risk management activities.
  • Design and complete a basic risk assessment.
  • Determine the appropriate response to risks and create a plan for those responses.
  • Describe the key components of reporting, monitoring, and evaluation of a risk management program.
Session Outline

1. Course Overview
2. Understanding the Risk
3. Risk Management Activities
4. Assessing Risk
5. Responding to Risks
6. Resourcing Controls
7. Reaction Planning
8. Reporting and Monitoring
9. Reviewing and Evaluating the Framework
10. Personal Action Plan
11. Recommended Reading List
12. Post-Course Assessment

Reviews

There are no reviews yet.

Be the first to review “Risk Management”

Your email address will not be published. Required fields are marked *