Operational Risk Management Training

This comprehensive training course is designed to equip participants with the essential knowledge and skills required for effective operational risk management. The course is based on the principles of risk management under the ISO 31000 framework and provides participants with a toolkit of over seven practical tools, templates, guides, and references to ensure they are well-equipped to manage operational risks in their organizations.

Course Content

The course covers the following key areas:

• Principles of Risk Management: Understanding the fundamental concepts and principles of risk management as outlined in the ISO 31000 framework.
• Risk Assessment: Identifying, assessing, and evaluating risks to enable informed decision-making.
• Risk Treatment: Selecting and implementing appropriate risk treatment options to manage risks effectively.
• Risk Monitoring and Review: Continuously monitoring and reviewing the risk management process and its outcomes to ensure its effectiveness and make necessary adjustments.
• Tools and Templates: Practical tools, templates, guides, and references to assist in the implementation of risk management processes.

Outcome

By the end of the training, participants will have a thorough understanding of the principles of risk management as per the ISO 31000 framework. They will be equipped with the necessary tools and templates to conduct risk assessments, select and implement appropriate risk treatment options, and continuously monitor and review the risk management process to ensure its effectiveness. Participants will also have access to a range of guides and references to support them in their ongoing risk management activities.

Who Should Attend

This training course is suitable for professionals involved in managing operational risks in their organizations, including but not limited to risk managers, operational managers, and senior executives.