Risk Management

by The Mindspa Institute Claim Listing

his Risk Management course looks at risks to your business and helps delegates to analyse the possible avenues for managing it in each situation and to appreciate the need for the assessment, management and review of risk.

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The Mindspa Institute Logo

img Duration

1 Day

Course Details

Whilst it is not possible to completely control risk, understanding your business risks and how to prepare and manage it is critical. This Risk Management course looks at risks to your business and helps delegates to analyse the possible avenues for managing it in each situation and to appreciate the need for the assessment, management and review of risk.

 The course will address frequently asked questions such as:

  • What quantifies business risk?

  • How to identify current and future business risks in your environment?

  • What methodologies for risk management suits your business?

  • How to prioritise the Risks according to likelihood and/or impact?

  • How to implement, monitor and update the Risk Management Plan?

 

Who should attend

  • Employees at Management Level

 

Training Outline

Introduction

  • Clarifying workshop objectives with all delegates

  • What quantifies business risk?

  • Unpack Risk Management

  • Workshop to identify current and future business risks in your environment

Business Impact Analysis

  • Understand the potential impact of these risks to your business

  • How to monitor and control risk

  • What constitutes a workable risk management plan

  • What methodologies for risk management suits your business?

  • Best practice tools and strategies

Risk Management Techniques

  • Prioritise the Risks according to likelihood and/or impact

  • Implement the 5 crucial steps

  • Implement, monitor and update the Risk Management Plan

  • Johannesburg Branch

    Montefalco Estate, Sunset Avenue, Johannesburg
  • Cape Town Branch

    Croydon Olive Estate, Somerset West, Cape Town

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