Risk Identification and Management Basics Training Course
Course Objectives:
- This one-day course is designed to equip trainees/participants with the following skills:
- Understand what risk is, its origins, and its impact on business, enhancing their awareness of these issues.
- Identify various scenarios that can help the organization reduce and, ideally, eliminate risks.
- Proactively forecast potential risks and challenges.
- Explore multiple techniques for identifying, mitigating, and limiting risks.
- Work collaboratively with internal teams to enhance overall risk management within the organization.
Training Setup:
- Target Headcount: 10 - 20 per batch
- Target Date of Delivery: To Be Determined (TBD)
- Total Daily Duration: 7 hours of training + 1-hour lunch break
- Set-up: Classroom and presentation facilities
Methodologies:
- Instructor-led training sessions
- Role-playing activities
- Risk analysis exercises
- Presentation of outputs and activity-based learning
Hardware and Equipment Needed:
- Projector
- Whiteboard with writing materials
- Note-taking supplies for participants
- Sound system and lapel microphone
- Large building blocks or Lego sets
- Chocolates and other incentives for activities
- Certificates of achievement/completion
Course Outline
Part 1: Preparation and Registration
Activities include:
- Registration
- Settling Down
- Giving out of Writing Materials
- Introduction of Speaker
Part 2: Overview of Risk: Its origins, business impact and opportunities for transformation.
A discussion on the nature of risk and its implication on business continuity and existence. This will also cover a little discussion on the impact of change in organization and its influence on risk.
Group Work One: Six Thinking Hats (30 Minutes Activity + 15 Minutes Synthesis)
An exercise to introduce collaborative thinking necessary to ensure idea dissemination. This will be useful in seeing areas of growth, danger and neutrality.
Part 3: Identification of Risk
Introduction of simple quality tools and modalities that could help in the identification of risk through available data (to use MS EXCEL)
Part 4: Discussion on the Risk Management Process
In depth discussion of the risk management process and an introduction to different mechanism of risk mitigation and approaches. Group activities to emphasize process steps will be inculcated in the session. Group activities include:
- The 4Cs
- Doomsday Clock
- The Investor and the Buyer
- Impact Analysis and Ishikawa Diagram
Part 5: Maintenance of Action and Governance
Special focus on stakeholder management and gateways of action through daily governance and forecasting of risk. This will include a background of fraud identification, data privacy and protection
Requirements
- No prior experience in risk or project management is required
- Interest in understanding and managing workplace or business-related risks
Audience
- Beginners in the field of project and risk management
- Frontline People Leaders
- HR Practitioner
- Individuals with Ideas to start a business
- Frontline Employees
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Risk Identification and Management Basics Training Course - Enquiry
Testimonials (1)
it was a very good training based on experience
raymond maas - Rhosonics
Course - Chief Technology Officer (CTO) Fundamentals
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