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Risk Management

recognised for CPD by engineers australia

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This course addresses the many facets of risk management, and outlines how risk management can be successfully integrated into business structure and strategy to enhance outcomes. It addresses risk from multiple aspects from operational to human resources and administration risk.

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Designed for

Aspiring senior managers, policy designers, middle and line managers who require a strategic and practical approach to risk.

Course Content

Identifying risk management issues
What are the perspectives of risk in the business context? How can risk management affect business strategies and operations? How can risk management contribute to the protection and recuperate a business? What are the various components of risk management? These questions summarise the gist that this section addresses, whilst also providing varied perspectives on risk management models utilised by different organisations.

Guidelines for organisational risk management
Here, the key components of risk management are discussed in more depth, by detailing the requirements which essentially contribute the success of risk management procedures. Subsequently, in Framework To Conduct A Risk Evaluation, steps are outlined enhance the opportunity of a successful risk evaluation.

Risk identification, analysis and evaluation
This section gives an overview on how past experiences affect our current perspectives and as such influence our judgments in relation to assessing and managing risks. The various classifications of risks and their potential impacts are addressed here to help the determination of prioritisation of risks.

Risk treatment, recording, monitoring and review
Here, we explore various risk treatment options and cost-benefit considerations. What can you do when you’re faced with a risk problem? This section details various options to reduce the likelihood and consequences of contemporary or potential processes and procedures. In conclusion, a framework of treatment options is provided that can greatly assist businesses in evaluating risk treatment strategies at different levels of an organisation.

Event management and business recovery/continuity
Significant components of risk management beyond the levels of prevention and integrated into the preparedness are the preparation for the management of the risk event and the management of the business recovery and continuity. These events could range from life-and-death situations such as evacuation plans for a major fire or explosion to internalised operations such as communications. Providing a generic procedure for these events will help minimise risk, as well as enhance recovery. Finally, deriving a validation system to test the effectiveness and adequacy of event management and business continuity plans and procedures is a vital stage of successfully managing risk along with a robust monitoring and communication system.

Learning outcomes

  • Develop a perspective of risk and its role in society and within your organisation
  • Understand the principles, models, current processes and techniques in risk management; including identification, analysis, and treatment, reporting and monitoring
  • Gain preparedness and confidence in the management of risk events and the management of business recovery continuity related to risk events

Presenter

Joe Griffin

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Schedule


Register now | Download an enrolment form

StateCityDateFee (AUD $)Availability
Member FeeStandard Fee
NSWSydney 04-05 Feb 2009830935Yes
QLDBrisbane 08-09 Oct 2008830935Yes
QLDBrisbane 22-23 Apr 2009830935Yes
SA Adelaide 12-13 Feb 2009830935Yes
VICMelbourne 25-26 Feb 2009830935Yes
WA Perth 10-11 Feb 2009830935Yes