This course has been designed to provide those attending with a basic yet comprehensive understanding of the essential building blocks of the risk management process. It is suitable for:
- Individuals with responsibility for developing and implementing risk management and embedding effective internal controls within their organisation.
- Individuals new to risk management or who find their traditional role expanding to include responsibility for risk functions.
Participants will gain an understanding of:
- Why formal systems of risk management are needed, including definitions, standards, regulatory and governance requirements
- Key drivers for managing risk in the public sector
- How to manage risk
- Tools and techniques for risk identification and assessment
- Brainstorming techniques
- Flow charts
- Risk Bow Ties
- Practical guidance for developing and working with risk registers
- How to make risk management ‘work’ for your organisation
- Role and responsibilities
- The importance of monitoring and reporting
- The ‘business case’ for good risk management.