Risk Management Training

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Australia Wide: Sydney, Brisbane and Melbourne. Adelaide, Perth, Canberra. Geelong, Parramatta. Gold Coast.

Any type of business should invest in Risk Management. This Risk Management Training Session will cover the best methods that your team can use to identify and manage potential threats to earnings or capital. This training session is applicable to a individual project or a department. It can also be used to train large companies. The ability to use the risk management techniques can help individuals or teams become more effective in their roles.

Risk occurs when one isn't aware of what he/she's doing. Investment in risk management can help to avoid or eliminate potential threats that could affect a company's earnings. This can lead to cost-cutting and beneficial growth for one's business. This program is sure to deliver an effective approach that can be applied to all employees. Make sure your team understands Risk Management and how to become professional effective.

Tailored Risk Management Course

Paramount Training and Development has a variety of training modules and programs. We can also create a workbook for your team that includes different modules from different training sessions. To learn more about Risk Management Training, or to request any other training sessions, please do not hesitate to call this number at 1300 810 725.

Risk Management Training Outline

The Risk management framework given in this program is flexible enough for almost any organization. You can apply it to one project, a department, or use it as a foundation for an enterprise-wide hazard management program.

This training course can allow you to teach participants how to:

• Define risk and risk management
• Describe the COSO ERM block and ISO 31000
• Establish a risk management context
• Describe the 7 R and 4 T’s that form The framework of risk management actions
• Design and complete a simple risk assessment
• Determine the right response to Risks and make a plan for all those responses
• Describe the essential components of Reporting, tracking, and evaluation of a risk management application

Course Overview

We begin by discussing what’s going to occur during the workshop. Students will also have a chance to identify their personal learning goals for the program.

Understanding Risk

In this session, you may go over the definitions of risk and hazard management, kinds of dangers, and the critical elements of establishing your risk management context. To wrap up the session, you may review two key risk management models: the COSO ERM block as well as the ISO 31000 risk management standard.

Risk Management Activities

This session will offer the framework for the rest of the day: the seven R’s and four T’s of risk management.

Assessing Risk

Next, Participants will learn how to design a simple risk assessment procedure. They will also begin working on a case study which will be used during the day.

Responding to Risks

In this session, participants will learn about the four T’s of responding to dangers: Tolerate, Treat, Transfer, and Terminate.

Resourcing Controls

Next, Participants will explore controls which could be put into place to mitigate risks.

Reaction Planning

This session provides participants a checklist of things to include in their contingency plan.

Reporting and Monitoring

In this session, participants will discuss reporting hierarchies and prerequisites.

Reviewing And Assessing the Framework

The last session provides participants a checklist for reviewing their risk management program.

Course Wrap-Up

At the end of the program, students will have a chance to ask questions and complete an action plan.