Risk Management Professional Training
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Risk Management Professional Training Course
Introduction:
A Risk Management Professional is responsible for identifying, analyzing, and documenting risks in a company's business operations, while also monitoring and improving risk management processes.
This comprehensive Risk Management Professional training course focuses on various risks, including company-wide, operational, compliance, financial, technology, and assets. Despite its often misunderstood value, risk is crucial in projects and can greatly benefit both the project and those involved.
Designed to be engaging and practical, this course guides delegates through the risk management framework, from fundamentals to senior management level, enabling them to become proficient risk practitioners. Through interactive sessions and hands-on activities, participants gain a deep understanding of risk management principles and techniques. They learn to assess and prioritize risks, develop effective mitigation strategies, and establish robust monitoring and control mechanisms.
By attending this course, individuals develop expertise and confidence in navigating risk complexities. They acquire tools to proactively manage risks, leading to improved project outcomes and organizational success. Effective communication and collaboration with stakeholders are emphasized, ensuring a shared understanding of risk management.
The Risk Management Professional training course empowers delegates to make informed decisions and drive positive change within their organizations. It equips participants with the knowledge, skills, and practical experience needed to excel in the dynamic field of risk management.
Course Objectives:
The main objective of this Risk Management Professional is:
- Understand how risk management can assist organizations to achieve their objectives and optimize decision making
- Establish and monitor key risk indicators, as well as implement corrective action plans to mitigate risks
- Analyze transactions, internal reports and financial information for potential fraud risks
- Maintain reports of significant risks and recommendations
- Create policies, procedures and control assessments in response to identified risks
- Evaluate the effectiveness of the company’s internal control framework in addressing risks and accomplishing the company’s goals and objectives
- Provide training and technical support to management and employees regarding risk management strategies and programs
- Learn about the benefits of risk management and its relationship with governance, assurance, and sustainability
- Know the types of risk faced by the organization and the concepts of positive and negative risk
- The importance of ISO 31000: Risk management principles, framework and processes
- Gain an understanding of the importance of culture, communication, and behavior
Who Should Attend?
The Risk Management Professional course will greatly benefit:
- Project Managers
- Project Engineers
- Project Support Staff
- Business Development Staff
- PMO Employees
Course Outlines:
Introduction to Risk Management Concepts
- Introduction to Risk & Risk Management
- Key Definitions
- Risk Definition and Project Risk Management
- Critical Success Factors for Project Risk Management
- Overall and Individual Risk Roles and Responsibilities
- organizational Risk Attitudes
- organizational Structures
Project Definition and Plan
- Stakeholder Identification & Analysis
- Stakeholder Risk Tolerances and Risk Attitudes
- Defining the Project & Project Management Plan
- Scope Management
- Schedule Management
- Cost Management
- Quality Management
Monitoring and controlling risks
- Risk reassessment
- Risk audits
- Variance and trend analysis
- Earned value management
- Reserve analysis
Risk Management Planning
- Critical Success Factors
- Risk Identification
- Project Resource Risks
- Tools and Techniques
Qualitative & Quantitative Risk Analysis
- Qualitative Risk Analysis
- Tools & Techniques
- Quantitative Risk Analysis
- Semi-Quantitative Risk Analysis
- Tools & Techniques