Course Information
- Course Price
£4895 Plus VAT
- Location UK Courses
- Course Code RM
- Course Date 17 Nov - 21 Nov 2025
Course Objectives
Risk Management is a critical discipline for any business or organization, helping to identify, assess, and mitigate risks that could negatively impact objectives. This course covers the principles and best practices of risk management, enabling participants to understand how to implement a comprehensive risk management framework that aligns with their organization�s goals.
Who Should Attend?
Project Managers: Looking to ensure project success by managing risks effectively.
Risk Officers: Seeking to enhance their risk management capabilities.
C-level Executives and Decision-makers: Who want to align risk management with corporate strategy
Finance and Compliance Professionals: Ensuring alignment with regulatory requirements and financial risk mitigation.
Business Analysts: Involved in identifying and analyzing business risks.
Prerequisite Courses
None
Course Overview
Introduction to Risk Management:
Definitions and importance of risk management
Key concepts: risk appetite, risk tolerance, risk threshold
Overview of Risk Management Standards (ISO 31000, COSO ERM)
Types of Risks:
Strategic, operational, financial, market, legal, and regulatory risks
Identifying emerging risks in modern business environments (e.g., digital, cybersecurity)
Risk Identification:
Methods of risk identification: SWOT analysis, PESTLE analysis, brainstorming
Techniques for identifying risks at the organizational, process, and project levels
Risk Assessment and Analysis:
Qualitative and quantitative risk assessment methods
Risk probability and impact assessment
Risk matrices and heat maps for visualizing risk exposure
Risk Response Strategies:
Avoidance, mitigation, transfer, and acceptance of risks
Developing risk mitigation plans and contingencies
Decision-making under uncertainty
Risk Monitoring and Control:
Tools for continuous risk monitoring (e.g., KPIs, dashboards)
Risk audits, reporting, and communication strategies
Feedback loops and updating risk management plans
Regulatory and Compliance Risks:
Understanding industry regulations and legal risks
Regulatory frameworks and their impact on risk management
Case studies on risk management failures and lessons learned
Enterprise Risk Management (ERM):
Building a risk management culture across the organization
Integration of risk management into strategic decision-making
ERM frameworks and their application
Tools and Software for Risk Management:
Overview of risk management tools (e.g., Monte Carlo simulation, decision trees)
Technology and software platforms for risk tracking and analysis
Case Studies & Risk Management Simulations:
Real-world examples from industries such as finance, oil and gas, and manufacturing
Simulation exercises for practising risk management techniques.
Learning Goals
Participants will:
Be equipped with a robust understanding of how to anticipate, identify, and manage risks.
Develop strategic thinking and decision-making skills related to risk mitigation.
Enhance their ability to protect their organization from unforeseen risks and potential losses.
Learn how to use industry-standard tools and frameworks to assess risk.
Build leadership and analytical skills by applying risk management processes.
Additional Aspects to Include
Pre-Training Needs Assessment:
A questionnaire or assessment to understand participants� current risk management capabilities.
Post-Training Evaluation:
Feedback collection to measure the effectiveness of the program and areas of improvement.
Certification upon successful completion of the training.
Follow-up Resources:
Access to additional reading materials, case studies, and risk management tools post-training.
Optional follow-up sessions for participants who wish to further discuss risk management strategies.
Course Materials
Notes, handouts and exercise materials