Risk
Management

Learn to identify, assess, and mitigate financial risks within an organization. This course covers risk management frameworks, tools, and best practices to safeguard your business. 

Purpose and Scope:

The “Risk Management” course is designed to equip participants with a comprehensive understanding of risk management principles and practices. This course spans three to five days, providing a robust framework for identifying, assessing, and mitigating risks in various business contexts.

Duration:

  • Shorter Version: 3 days
  • Complete Version: 5 days

Course Contents:

  • Introduction to Risk Management

    • Definition and Importance of Risk Management
    • Types of Risks (Operational, Financial, Strategic, Compliance, etc.)
    • Risk Management Frameworks and Standards
  • Risk Identification and Assessment

    • Methods of Risk Identification (SWOT Analysis, PESTLE Analysis, etc.)
    • Risk Assessment Techniques (Qualitative and Quantitative)
    • Risk Prioritization and Mapping
  • Risk Mitigation Strategies

    • Risk Avoidance, Reduction, Transfer, and Acceptance
    • Developing Risk Mitigation Plans
    • Implementing Risk Control Measures
  • Risk Monitoring and Reporting

    • Setting Up Risk Monitoring Systems
    • Key Risk Indicators (KRIs)
    • Reporting and Communication of Risk
  • Case Studies and Practical Applications

    • Real-world Case Studies in Various Industries
    • Group Discussions and Exercises
    • Developing a Risk Management Plan for Your Organization