Manage Risks

Face to face duration: 2 days

Course Objectives

This two (2) day course provides participants with the fundamental tools and techniques as well as a practical application and approach for organisational risk planning, identifying and analysing organisational risk issues, developing organisational risk handling strategies and monitoring progress in implementing risk handling strategies.

Learning Outcomes

  1. Identify threats and opportunities and weigh their relative value in the organisation.
  2. Control multiple risks using limited strategies.
  3. Plan response to risks.
  4. Risk assessment and response development.
  5. Include risk and opportunity as integral components of next organisational plan.

Benefits

  • A practical, seven-step process to manage organisational risks.
  • The use of risk registers.
  • The use of decision trees.
  • Analyse rank and prioritise risks.
  • Overcome psychological barriers to risk in stakeholders (internal and external).
  • A thorough understanding of organisational risks, managing organisational risks and systems used to manage and treat these risks.
  • Development of a risk management culture in the organisation.
  • Influence organisational culture and provide strategic direction in risk management.

Topics

  1. Overview of organisational risk management process.
  2. Risk management framework.
  3. Organisational risk management process - lessons learnt.
  4. Organisational risk planning, identification and analysis.
  5. The decision tree.
  6. Risk handling and monitoring.

Audience

  • Account manager.
  • Finance manager.
  • Project coordinator.
  • Risk manager.
  • Business manager.
  • General manager.
  • Project manager.
  • Senior project manager.

Format

  • Group discussion.
  • Case studies
  • Individual and group activities.
  • Experiential and practical.
  • Short lecture sessions.
  • Templates and checklists.

Delivery Strategy

This two (2) day course has been designed by our senior trainers who combine industry experience with academic excellence.

Our program design and delivery is based on adult learning principles and experiential learning.

Participants will also receive a state-of-the-art student manual with all reference material, PowerPoint presentations and activities.

Program Outline

Day One

Overview of risk management

  • What is risk management?
  • Types of risks.
  • Projects, programs and portfolios.
  • Risk management process.

Establish the risk management context and identify risks

  • Risk management plan.
  • Risk statements.
  • Risk register.

Day Two

Analyse and evaluate risks

  • Qualitative risk analysis.
  • Quantitative risk analysis
  • Evaluate risks.

Treat risks

  • Risk treatment strategies.

Monitor and review, communicate and consult risks

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Testimonials

"The Student Manual is a logical, carefully thought through and well presented document. The face-to-face facilitators are helpful, patient, knowledgeable and passionate. Thank you for the time and effort that blueVisions have put into preparing and supporting this course."

David Thorpe iiNet Australia

"Your personal contribution to our training has been invaluable. Your infectious high spirits and genuine want for our success have shone through. I sincerely thank you for your efforts over the past two years."

Stephen Davies Group Manager, Construction Services Group, NSW

"Your course made me realise how irrelevant what I was learning through my university course actually was to my job. Due to this, I will be seeking to complete the remainder of the modules in this diploma through blueVisions."

Damien Bleeker Project Coordinator, Liverpool City Council, NSW

"Thank you for a wonderful course....This has been by far the best development course I've ever been a part of."

David Darcy LSPSPO - Defence Materiel Organisation

"Having sat in at various times in both courses, as well as being present for the final summary and feedback sessions I was really impressed with the positive feedback and outcomes. The blueVisions trainers did an awesome job and really motivated and inspired both groups. The level of the course was spot on for each group."

Brian Clarke Leadership Development Coordinator, Gasco