Management of Risk
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Management of Risk - 5 Days - Instructor Led

The Delegates
A certain amount of risk taking is inevitable if an organisation is to both achieve objectives and exploit opportunities effectively. The adoption of well managed risk taking is likely to lead to sustainable improvements in service improvement and business growth. The Framework will allow organisations to perceive potential problems before the either arise or become a threat to achievement. This course is aimed at Business Managers; Programme and Project Managers; Operational Managers and any other roles within an organisation which need to develop their knowledge and capabilities in the Management of Risk.

The course leads to the Registered Practitioner qualification via 2 Examinations. One is 45 minute 45 question multi-choice closed book and the other is 3.5 hours essay style open book.

Course Objectives
This course provides a route to the Management of Risk Registered Practitioner qualification.

By the end of this event delegates will be able to use Management of Risk approach to improving performance by contributing to:

- Increasing certainty and fewer surprises
- Better Service Delivery
- More effective management of change
- More efficient use of resources
- Better Management at all levels through improved decision making
- Reducing waste and fraud
- Better value for money
- Innovation
- Management of contingent and maintenance activities


Content
- Introduction
- What is a risk?
- Why do Risk Management
- Governance requirements
- Internal Control
- When to apply Risk Management

- Management of Risk Principles for example:
- Organisational Context and Objectives
- Stakeholder Involvement
- Early Warning Indicators
- Overcoming objections
- Continual Improvement
- Reporting

- Management of Risk Approach
- Setting up Risk Management Policies and Processes
- Risk Management Planning
- Using Risk Register and Issue Log

- Management of Risk Processes
- Identifying Risks
- Analysis Risks
- Planning for Implementation of Countermeasures
- Communication

- Management of Risk Embedding and Reviewing Risk Management
- Measuring effectiveness
- Success factors
- Building awareness
- Modifying behaviour towards risks
- Senior Management Buy-in and Commitment
- Roles and Responsibilities

- Management of Risk Perspectives
- Strategic
- Programme
- Project
- Operational

- Use of the Best Practice Guide and its Appendices

- Examination preparation

- Applying Management of Risk to the case study

- The Management of Risk Foundation Examination

- The Management of Risk Practitioner Examination
 
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The course either has new dates in data loading, or is only run as a dedicated or In Company course.
Tools
 
Key Details
Duration5 days
 
£1,345.50
per delegate
 
 
Bookings Helpline: 01933 233884 (Monday to Thursday - 8:00am to 5:30pm and Friday 8:00am to 5:00pm).