Advanced Risk Management Course
Advanced Risk Management course
Advanced Risk Management course is designed for professionals who are practising Risk Management. This course is equally important for people who are in Project risk management,Financial risk management, Operational risk management and Enterprise Risk Management.
This course covers the Risk identification, Qualitative risk analysis, Risk Response planning, Control Risks, Risk audits and Risk communication to higher management using Risk register.
Course Contents1 - Risk Register Overview 2 - Risk Dashboard for Risk Communication 3 - Risk Identification on Risk Register 4 - Qualitative Risk Analysis in Risk Register 5 - Risk Matrix or Heat Map 6 - Risk Mitigation Actions 7 - Risk Audit 8 - Overall Risk Indicator 9 - Risk Occurrence Indicator 10 - Mitigation Actions Status Indicator 11 - Risk Response Effectiveness Indicator
GoalsAfter attending the course the participants will be able to: 1 - Learn how to develop and manage Risk register. 2 - capture Risk using Risk Meta-language. 3 - Qualitative Risk Analysis in a Risk register. 4 - Monitoring and Controlling Risk. 5 - Capturing Risk Audit results in the Risk register. 6 - Communicating Risk status to Higher management. 7 - Analysing Risk trends over the period of time.
- Risk Register Overview (ARM) FREE 00:05:00
- Risk Dashboard for Risk Communication (ARM) 00:04:00
- Risk Identification in Risk Register (ARM) 00:14:00
- Risk Matrix or Heat Map (ARM) 00:05:00
- Qualitative Risk Analysis on Risk Register (ARM) 00:05:00
- Risk Mitigation Actions (ARM) 00:09:00
- Risk Audit (ARM) 00:06:00
Overview of a Risk register. How to Identify Risk, Perform Qualitative Risk Analysis and Risk Mitigation Actions and Risk Audit etc, Overview of Risk Dashboard. The Brief overview of different components of the Dashboard for Risk Communication. It is essential to cater Risk meta-language while capturing the Risk information. In this lesson, Risk identification on Risk register is covered thoroughly. Risk Matrix or Heat Matrix Elaboration. Using Risk matrix for Qualitative Risk Analysis. Performing Qualitative Risk Analysis on Risk Register. Specify the probability and Impact. Risk Score is calculated on the basis of Probability and Impact rating. Specifying Risk Mitigation Actions. Specify Risk Mitigation Rating. Specify Target Dates on Risk Register. Capture Risk Audit outcome on Risk Register. Analyse the quality of Risk Mangement process.
- Overall Risk Indicator (ARM) 00:06:00
- Risk Occurrence Indicator (ARM) 00:02:00
- Mitigation Actions Status Indicator (ARM) 00:02:00
- Risk Response Effectiveness Indicator (ARM) 00:02:00