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Risk management is the process of identifying, assessing and controlling financial, legal, strategic and security risks to an organization’s capital and earnings.
These threats, or risks, could stem from a wide variety of sources, including financial uncertainty, legal liabilities, strategic management errors, accidents and natural disasters.
Risk management has long been a key part of project management and it has also 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.
Course Overview
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.
Understanding Risk
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.
Assessing Risk
Next, participants will learn how to design a basic risk assessment process. They will also start working 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.
Resourcing Controls
Next, participants will explore controls that can be put into place to mitigate risks.
Reaction Planning
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.
Workshop Wrap-Up
At the end of the course, students will have an opportunity to ask questions and fill out an action plan.
All employees in public and private business sectors, and university students.
We have been in the market since 1995, and we kept accumulating experience in the training business, and providing training for more than 100,000 trainees ever since, in Egypt, and the MENA region.
CLS facilities are well-equipped with strong hardware and software technologies that aid both students and trainers lead very effective smooth training programs.
We provide our clients with the best solutions, customized to their specific needs and goals. Our team is highly qualified to answer whatever questions you have.
CLS is an authorized and accredited partner by technology leaders. This means that our training programs are of the highest quality source materials.
We keep tabs on every change in the market and the technology field, so our training programs will always be updated up to the World-class latest standards, and adapted to the global shape-shifting job market.
We select the best instructors, who are certified from trustworthy international vendors. They share their professional experience with the Trainees, so they can have a clear hands-on experience.
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I`m attending now CRISC Training with DR Adel Abdel Meneim , I really learned a lot from him , everything here in CLS is very satisfying including facilities , locations and the team.
I`m attending ASP.NET Core with MVC Training with Eng Mohamed Hesham , I really learned a lot from him , everything here in CLS is very satisfying including facilities .Thanks you all team.
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