About Course

Day 1: Introduction to Risk Management

• Morning Session:

  • Welcome and course overview
  • Understanding the importance of risk management
  • Types of risks (financial, operational, strategic, compliance, etc.)
  • Risk management framework and process

• Afternoon Session:

  • Identifying and defining risks
  • Risk appetite and tolerance
  • Risk assessment methods (qualitative vs. quantitative)
  • Group exercise: Identifying risks in case studies

Day 2: Risk Analysis and Assessment

• Morning Session:

  • Probability and impact assessment
  • Risk assessment matrices
  • Risk registers and documentation
  • Key risk indicators (KRIs)

• Afternoon Session:

  • Risk scoring and prioritization
  • Risk heat maps
  • Monte Carlo simulation for risk analysis
  • Case study: Risk assessment in project management

Day 3: Risk Mitigation and Control

• Morning Session:

  • Risk response strategies (avoid, mitigate, transfer, accept)
  • Developing risk mitigation plans
  • Risk control and monitoring
  • Risk ownership and accountability

• Afternoon Session:

  • Risk reporting and communication
  • Crisis management and business continuity planning
  • Case study: Developing a risk mitigation plan

Day 4: Enterprise Risk Management (ERM)

• Morning Session:

  • Introduction to ERM
  • Integrating risk management into organizational strategy
  • ERM framework and maturity models

• Afternoon Session:

  • Risk culture and governance
  • Role of the board and senior management
  • ERM implementation challenges
  • Case study: Building an ERM program

Day 5: Risk Management Best Practices and Future Trends

• Morning Session:

  • Risk management standards and regulations (ISO 31000, COSO, Basel III, etc.)
  • Emerging risks (cybersecurity, climate change, geopolitical, etc.)
  • Technology and innovation in risk management

• Afternoon Session:

  • Ethical considerations in risk management
  • Risk management career paths and opportunities
  • Course recap and Q&A