RISK MANAGEMENT
AD05

This course helps participants develop risk management capabilities so that they can identify, analyse, treat and review risks with a structured approach.

OVERVIEW

This course helps participants develop risk management capabilities so that they can identify, analyse, treat and review risks with a structured approach. Risk in each organisation may vary, but it can include WHS; Financial; Systems failure; Environmental; Customer relations; Resources.

By developing risk management skills, it is possible to mitigate risk when making decisions or carrying out tasks and take advantage of opportunities with confidence. Recognising what could pose a risk then eliminating, controlling or treating the risk are the key risk management approaches.

WHO IS THIS COURSE DESIGNED FOR?

This course is for frontline managers who want to improve their risk management skills.

DELIVERY

Groups

1 day face to face OR 4 x 90-minute sessions delivered via video call e.g. Zoom

Individuals

This course is available as a course by coaching. Delivered as 4 x 90-minute sessions delivered via video call e.g. Zoom

KEY LEARNING CONTENT

Plan risk management and identify risks

  • The risk management process

  • The value of effective risk management

  • Types of risk

  • The context of risk management Research risks

  • Consult to identify risks

  • Use tools and techniques to identify risks

  • Document risks

Analyse risks

  • Consult to analyse risks

  • Assess likelihood of risks

  • Assess impact of risks

  • Evaluate and prioritise risks for treatment

  • Document risk analysis

Treat risks

  • Identify and select risk treatments

  • Develop action plan for risk treatment or referral

  • Communicate risk treatment with stakeholders

  • Implement risk treatment

  • Document risk treatment

Monitor and review

  • Monitor risk treatment

  • Review risk treatment

  • Improve risk treatment

  • Evaluate the risk management process

HOW THIS COURSE DRIVES RESULTS

  • Consider and mitigate risks before they arise

  • Improve confidence with decision making

  • Ensure managers and leaders consider risk during planning

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