Objectives of the course
Enterprise Risk Management aims to equip the participant with the necessary skills to be able to successfully manage strategic and operational risk in the organisation. This will be achieved by introducing a systematic approach to risk management that is backed up by practical guidelines and easy to use templates.
By the end of the course, participants should be able to:
Apply the concept of risk management in within the participant’s organisations through an understanding of the risks businesses are exposed to, how risk is triggered and the importance of managing these risks.
Assess risks encountered through the organisational value chain and identify the potential impact of direct and indirect risks (cascading risk).
Identify risks and issues facing the organisation and compile an issue and risk log.
Calculate the expected monetary value of risks and assess the financial impact of identified risks.
Complete the risk / opportunity assessment model.
Develop issue resolution and risk mitigation strategies.
Monitor & control the implementation of mitigation and resolution strategies.
Develop a risk management plan for an organisation.
Who should attend
This course is recommended for executives, managers, planners and analysts who would typically be part of the strategy development team and are seeking the best practice ideas for managing organisational risk.
Course outline & topics to be covered
Defining a risk
Risks organisations are exposed to
The increasing importance of managing risks
Triggers of risks
Risks along the value chain
Defining risk management
The Risk management process
Duration & Accreditation
Duration (excluding time given for the assignment and examination):
Face to Face – 1 day
Online – 14 days
Enterprise Risk Management is credit bearing towards the MDP (Management Development Programme).
This course can be customized and offered on an in-house basis.
For further information, visit: Centre for Business Dynamics