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Risk Management

50,000.00

Risk management has been a key part of project management and it has also become an increasingly important part of organizational best practices. Corporations have realized that effective risk management can not only reduce the negative impact of crises it can provide real benefits and cost savings.

Description

Course Outline

  • Understanding risk
  • Risk management activities
  • Assessing risk
  • Responding to risks
  • Resourcing controls
  • Reaction planning
  • Report and monitoring
  • Reviewing and evaluating the framework

Learning Objectives

At the end of this training program, participants will be able to:

  • Define risk and risk management;
  • Describe the COSO ERM cube and ISO 31000;
  • Establish a risk management context;
  • Describe the 7 R’s and 4 T’s that form the framework of risk management activities;
  • Design and complete basic risk assessment; and
  • Describe the key components of reporting, monitoring, and evaluation of a risk management program.

 

Who should attend

Top Executives

Project Managers

Team leads

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