Risk Management

Risk management is an aspect of business that many companies should be able to handle. Big or small, any company could face certain situations that could affect production, revenue, or even morale.

Arm yourself with the knowledge of how to properly manage these situations though our three-day Risk Management course.

Who this is for:

Company managers and supervisors

What you will learn:

  1. How to gain a better understanding of how to handle risk
  1. How to identify the core elements of Risk Management
  1. How to understand the roles and responsibilities of each individual in minimizing risk
  1. How to implement strategies to handle risk effectively

Benefits:

  1. The ability to prepare contingency plans in case of risk
  1. The ability to anticipate risk situations to prevent them from occurring
  1. More control in risk management
  1. The ability to quickly come up with solutions and recognize opportunities when your original plan needs to be recalculated

Methodology:

TalkShop uses Integrated Language Teaching. This means 30% of the course is comprised of facilitator-based discussions while 70% is dedicated to an interactive learning experience through:

  • Practical Role-play Scenarios
  • Guided Management Activities
  • Individual and Group Presentations
  • Open Fora

Course outline:

I.  Introduction to Risk Management

A.    Risks vs. Problems

B.    Risk Management Applications

II.  Leading Risk Management

A.    The Sub-elements of Risk Management

B.    Communicating Risk

III.  Risk Analysis

A.    Identifying Types of Risk

B.    Assessing Risk Impact

C.    Forecasting

IV.  Prevention and Control

A.    Ways to Prevent and Control Problems

B.    Risk Recognition Exercises

C.    Tracking Systems and Monitoring

D.    Effectiveness Controls

V.  Planning and Conceptualization

A.    Potential Problem Analysis

B.    Potential Opportunity Analysis

C.    Change Authorization

VI.  Project Implementation

A.    Start to Implement

B.    Behavioral Change

C.    Closeout and Evaluation

VII.  Project Application

A.    Specifying Scope and Limitations

B.    Brainstorming Methodologies

C.    Preparing for Project Difficulties

D.    Identifying and Calculating Risk

E.    Application of Risk Management

Course duration:

3 days

 

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