All activities involve an element of risk. Risk management is about identifying possible risks, determining whether they can be eliminated before they happen, and, if not, planning how to reduce their impact. This course focuses on creating, implementing, and evaluating a risk management strategy that supports organisational objectives and ensures that nothing is left to chance.
Our ready2manage titles focus on the specific skills required to manage operational functions. From strategic decision-making and performance optimisation to risk management and financial awareness, courses in this range target the evolving needs of aspiring to seasoned managers.
Gain an understanding of the risk management process, including consultation, communication, and monitoring, to effectively address risks and issues within various contexts. Learn techniques for identifying and analysing risks, including the use of risk matrices, impact assessments, and likelihood assessments. Explore strategies for treating and monitoring risks, including communicating and escalating issues as necessary, to ensure proactive management and mitigation of potential threats and issues.
Topics include: Working with Risks and Issues: types of risk - risk management process - consult and communicate - monitor and review - the context - identify Risks - risk and issue - analyse and assess risks - the risk matrix - impact and likelihood - residual risk - impact rating - prioritising and treating - communicating and escalating - monitoring and reporting.
