Risk Management Principles
Short course
In
Description
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Type
Short course
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Duration
1 Day
Give a useful overview of Risk Management. Provide first step to accreditation. Develop a personal action plan to take back. Personal development in a key management skill. Suitable for: Staff who wish to know more about managing risk, or who are thinking of accreditation in the future: Directors. Senior managers. Programme and project staff. Staff involved in risk assessment or management. All business managers
About this course
There are no pre-requisites for this course. Attendees will be encouraged to discover how their own organisation manages risk and to see what risks they can identify in their own area. These will be used for discussion during the day.
Reviews
Course programme
Course Overview
This course is an overview of the key concepts of Risk Management in a business or public organisation. It is based on published industry best practice. In this one day overview all areas will be covered, with an emphasis on practical use in the workplace. Where appropriate for the audience, some sections may be covered in more depth than others. The course can lead to a nationally recognised award accredited by EDI following an assessment exercise.
Duration: 1 day workshop, a total 20 hours of study time for the award.
Why should you use Aspire Europe?
The case for using Aspire Europe is compelling; we are a company dedicated to improving the effectiveness of organisations through transfer of our knowledge to your staff.
We specialise in the OGC methods, covering Project, Operational and Programme environments and thus have a unique insight into how risk from one discipline carry across into other areas of the organisation.
We have extensive experience in the management of risk in a range of business functions and will share pragmatic use of best practice rather than indoctrinate delegates with a rigid approach.
COURSE CONTENT
Overview and Principles
The key principles underpinning the effective implementation of risk management including: what is risk, risks in an organisation, a management framework, risk ownership, and critical success factors.
Framework
- How risk fits into the organisation
- Threats and Opportunities
Benefits of Risk Management
- Why you should do risk management
- What problems can you avoid
Corporate Governance
- Risk as part of organisation governance
- Attitude to risk in an organisation.
Guiding Principles of Risk Management
- The principles of risk management
- Why good risk management is hard
- Difference between risks and issues
The best practice approach
The documents which are used to manage risk throughout the organisation. These documents describe how risk is to be carried out in all of the areas of activity.
Risk Management Policy
- The guiding document for doing risk management
- Contents
- How to use policies across the organisation
Risk Management Process
- Key steps in the process
- What needs to be specified for different situations
- Risk Management Implementation
- Applying risk management across the organisation
- Change programmes versus operations
- Measurement scales and usage
Risk Registers
- What needs to be in a risk register
- The issue log
Process Steps and Techniques
Approaches to risk identification, documentation (including risk registers), reviewing activities, and applying risk management throughout an organisation.
Risk context and discovery
- Setting the context of risk management activity
- Organisation and activity objectives
- Where to find risks
- Risk discovery techniques
Evaluate risks
- Measurement of probability and impact
- Causes, events and impact descriptions
Mitigation
- Mitigation actions for threats and opportunities
- Planning to do and doing to plan
Doing risk management
- Effective implementation, making risk management work for you
- Embedding risk into the culture
Risk Management Principles