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RISK ANALYSIS & MANAGEMENT



Introduction

Risk management is the process of systematically identifying, analysing and mitigating potential issues that an organization may face during its operation. The potential issues can exist in many forms such as safety, quality, financial and operational risks. It has become critical for companies in the global market to analyse these risks and act to mitigate these.


Aims and Objectives

Our course will explore the details of risk management methodology while giving the delegate practical experience in utilizing the various tools and techniques.


At the end of the course the delegates should be able to:


  • Differentiate between Risk Analysis and Risk Management

  • Describe systemic risk and create mitigation plans for long term effect

  • Utilize team dynamics and data to determine probable risk.

  • Utilize the methodology and tools for analyzing risk.

  • Utilize the methodology and tools for mitigating risk.

  • Utilize probabilistic models to determine risk rating.

  • Assess an organisation’s risk maturity and identify where improvements can be made.

  • The importance of culture, communication, and behaviour in an effective risk management structure.

Target Group

  • Anyone looking to pursue a career in risk management

  • Anyone looking to embed risk based thinking in their organization.