Risk management skills are key to any business owner or manager. This Risk management workshop is a one day intensive training course which will focus on practical application of best practice theory.
Risk management has long been a key part of project management, but in recent years, it has become an increasingly important part of organizational best practices. Corporations have realized 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 workshop is flexible enough for any organization. You can apply it to a single project, a department, or use it as a basis for an enterprise-wide risk management program.
This one-day workshop will help you teach participants how to:
Define risk and risk management
Describe the COSO ERM cube and ISO 31000
Establish their 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
Save up to 10% by booking and paying
10 business days before the course.
Information may change without notice.
Business owners, managers
Course Outline / Curriculum
You will spend the first part of the day getting to know participants and discussing what will take place during the workshop. Students will also have an opportunity to identify their personal learning objectives.
In this session, you will discuss the definitions of risk and risk management, types of risks, and the key components of establishing your risk management context. To wrap up the session, you will review two key risk management models: the COSO ERM cube and the ISO 31000 risk management standard.
Risk Management Activities
This session will provide the framework for the remainder of the day: The seven R's and four T's of risk management.
Next, participants will learn how to design a basic risk assessment process. They will also start work on a case study that will be used throughout the day.
Responding to Risks
In this session, participants will learn about the four T's of responding to risks: Tolerate, Treat, Transfer, and Terminate.
Next, participants will explore controls that can be put into place to mitigate risks.
This session will give participants a checklist of items to include in their contingency plan.
Reporting and Monitoring
In this session, participants will discuss reporting hierarchies and requirements.
Reviewing and Evaluating the Framework
The final session will give participants a checklist for reviewing their risk management program.
At the end of the day, students will have an opportunity to ask questions and fill out an action plan.
Schedule Dates and Booking
To apply for a booking, click on the relevant "Book Now" button below.
Note: places are only fully secured once payment has been made.
Mon 15 Mar 2021
Mon 14 Jun 2021
Mon 6 Sep 2021
For clients who want to enjoy the convenience of public transport,
consider the Gautrain.
Take the Gautrain to the Malboro station.
Purchace a R15 ticket for the Woodlands Office Park Shuttle Service.
The shuttle will come directly down Western Service road.
Ask to be dropped at the entrace to Western Woods Office Park.
For more information you can download
the official Gautrain brochure.
Bringing your own PC
It is very important that you have full administrator rights to your
computer so that any software needed for the course can be installed
Please ensure that you arrive at least 30min early on the first day
of training in order to get your PC setup correctly.
If this is not possible then it will be better to make use of our