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