Risk Management

About the Workshop

Risk management is an inherent part of the management process and incorporates the principles of corporate governance, accountability, communication and strategic alignment.

This highly interactive workshop will introduce participants to risk management through ISO 31000, since today managing risks is a strategic challenge for organizations, which must face threats increasingly complex and diverse.

Risk management enables project success. Employees can reduce the likelihood and severity of potential project risks by identifying them early. If something does go wrong, there will already be an action plan in place to handle it. This helps employees prepare for the unexpected and maximize project outcomes

Participants will go through the risk management implementation process in their organization while learning challenges to overcome, benefits and best practices that will help them find how risk management plays an important role in their jobs and the organization as a whole.

Learning Objectives

Upon completion of workshop participants will be able to:

• ISO 31000 a systematic and logical process for managing risk

• Understand the basic concepts of risk management based on ISO 31000

• Understand the importance of Risk Management

• Understand the goal, content and correlation between ISO 31000 and the organization

• A simple blueprint for implementing Risk Management

• A methodology that focuses on the company vision, mission, and objectives

• A critical review of existing practices and processes to manage uncertainty

• Internal & External factors impact achieving objectives

• Effectively learned through practice

• The implementation and effective management of risk based on internal & external factors impacting achieving objectives

Target Audience

Executives, Managers, Supervisors, Process Owners and those who wish to protect threats and pursue opportunities for achievement of objectives, and strengthen reputation.

Topics Covered

1. Introduction

a. Background

b. Definitions

2. Risk Management Principals

3. Framework

a. Leadership and commitment

b. Integration

c. Design

d. Implementation

e. Evaluation

f. Improvement

4. Process

a. Communication and consultation

b. Scope, context, and criteria

c. Risk assessment

d. Risk treatment

e. Monitoring and review

f. Recording and reporting

Methodology

• Interactive workshop

• Examples & Scenarios

• Tips on best Practices

• Q&A

• Strategy going forward

Duration: 8 hours