Risk Management - Frameworks, Stages and Roles

Details

The training course will provide an in-depth understanding of the risk management process and its importance in organization. Participants will learn how to identify and assess risks, prepare a risk register, and develop strategies to mitigate the identified risks. The course will cover both theoretical and practical aspects of risk management, providing participants with the necessary skills to effectively identify and manage risks in their organizations.

Target Group

This training course is designed for mid-level and senior-level professionals who have experience in risk management and internal auditing and are responsible for identifying and managing risks within their organizations.

This training course is ideal for risk managers, compliance officers, internal auditors, and other professionals involved in the management of risks within an organization.

Goals

• Understand the principles of risk management in organization
• Identify and assess risks within an organization
• Prepare a risk register that can be used to manage risks
• Develop strategies to mitigate identified risks
• Implement an effective risk management framework
• Evaluate the effectiveness of the risk management process

Outlines

Introduction to Risk Management in organization

• Definition of risk management in the organization
• Importance of risk management 
• Risk management process 
• Types and categories of risks
• The most common frameworks for risk management in an organization

Identifying and Assessing Risks

• Identifying risks methods
• Assessing risks
• Risk assessment methods
• Risk probability and impact analysis
• Risk prioritization