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WORKSHOP

Risk Management

Martin Williams

Risk management has become an increasingly central aspect of strategic and operational management and an area that successful organisations cannot afford to take lightly. This course provides delegates with the tools and knowledge needed to identify, analyse and manage risk effectively.

WHO SHOULD ATTEND

This essential course is aimed at directors, senior managers, project managers and other professionals interested in obtaining a deeper understanding of effective risk assessment and management.

COURSE PROFILE

Introduction to business risks. What is risk management? - Broad areas of risk - Stakeholders and their appetite for risk - Risk management in the modern organisation - What can be at risk and why? - Strategic risks - Financial risks - Employee risks - Operational or programme risks - Project risks

Risk management process. Establishing the context - Identifying and ranking risks - Ownership of risk - Establishing strategic and operational goals

Business risk management strategies. Risk identification, evaluation and profiling - Risk control (avoidance, transfer, retention, reduction) - Process review for risk assessment - Creating and implementing a risk management plan - Business continuity planning - Contingency planning - Internal communications - Reporting and monitoring - Benchmarking processes - New risks

SKILLS ATTAINED

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

Effectively identify and asses risks
Manage and control risk
Establish strategic and operational goals
Create and implement a risk management plan
Prepare and implement contingency plans
Report and monitor risk

NEXT STEPS

COURSE REF: RA8
Risk Management

TESTIMONIALS

"'LMC has an excellent quality of training. With LMC, I have emerged, not just with new skills and knowledge, but I have also further developed my personality. I have found the LMC location to be very central and accessible. The environment is clean and very conducive to learning. There is an excellent choice of instructors who are very friendly, approachable and have the ability to successfully impart knowledge. The staff are very professional, supportive and willing to assist delegates in addressing their worries and concerns.'"
Frances Agwai
Manager, Agip Oil company