Evaluating and Managing Risks
Evaluating and Managing Risks
OBJECTIVES
- Understand the key principles underpinning the effective management of risk.
- Identify the risks that are derived from people, processes, and systems and their impact on operational, environmental, financial and product elements.
- Know the process of Continuous Risk Management? CRM and understand its 5 steps.
- Identify a range of techniques that can be used to support the management of risk process and to make appropriate decisions based on the information available.
WHO SHOULD ATTEND? |
Managers, senior managers, directors, financial controllers, auditors and executives
COURSE OUTLINE
Introduction
Awareness of Uncertainty
Risk Assessment and Analysis
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Continuous Versus Operational Risk Management
- The Process of Continuous Risk Management? CRM
- The 4 Key Principles of Operational Risk Management? ORM
- The 6-Step Process of ORM
Risk Control Methods
- Approaches to Managing Risks
- Generic Risk Methodology
- Framework for Managing Risk