Introduction

Risk management is a critical aspect of any project, yet it is often misunderstood regarding the immense value it can bring to both the project and its stakeholders. The “Risk Management Professional” training course at London Academy is designed to cover the risk management framework comprehensively, from the fundamentals to senior management levels. This interactive and highly practical course equips delegates to become proficient risk practitioners.

Participants will gain an in-depth understanding of the risk management framework, from its core principles to embedding risk management within an organization’s culture and overcoming behavior barriers. By the end of this course, delegates will be capable of effectively assessing and monitoring risks using practical tools.

Key Highlights:

• Core concepts of risk management
• Defining project parameters
• Planning the risk management process
• Qualitative and Quantitative Analysis methods
• Techniques for responding to and controlling risks

Training Objectives

• By the end of this Risk Management Professional training course, participants will:
• Understand how risk management helps organizations achieve objectives and optimize decision-making.
• Learn the benefits of risk management and its relationship with governance, assurance, and sustainability.
• Identify various types of risks and understand the concepts of positive and negative risk.
• Comprehend the principles, framework, and processes of ISO 31000: Risk management.
• Appreciate the importance of culture, communication, and behavior in risk management.
• Assess risks and select appropriate actions and controls using key tools.
• Communicate risks effectively within the organization and to external stakeholders.
• Determine the organization’s risk appetite and tolerance.

Training Methodology

The course employs a variety of proven adult learning techniques, focusing on PMI® and RMP syllabi. It includes:

Case studies and current affairs to illustrate concepts.

Teamwork on relevant case studies.

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• Group discussions and critical analysis of risk concerning stakeholders, processes, and project context.

Organisational Impact

Organizations that prioritize risk management will benefit significantly from this course. Employees will:

Become proactive in managing risks.

Prevent issues that can hinder organizational progress.

Understand and apply key risk management processes.

Personal Impact

Participants will:

Gain essential skills and competencies in risk management.

Acquire hands-on experience with critical tools and steps for effective risk

management.

Enhance their ability to manage risks in their projects or organizations.

Who Should Attend?

This course is suitable for professionals involved in governance, risk management, and compliance, including:

Executives and Board Members

Internal/External Auditors

Compliance Officers/Managers

Governance Professionals

Risk Managers

GRC Professionals

Legal Professionals

Regulatory Representatives

Company Executive Secretaries

IT Professionals dealing with governance, risk management, and compliance

Managers responsible for governance, risk management, and compliance activities

Seminar Outline
Introduction to Risk Management Concepts

Overview of risk management

Key definitions and project risk management

Critical success factors for project risk management

Roles and responsibilities in risk management

Organizational risk attitudes and structures

Project Definition

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Identifying and analyzing stakeholders

Stakeholder risk tolerances and attitudes

Defining the project and project management plan

Managing scope, schedule, cost, and quality

Risk Management Planning

Critical success factors for risk management planning

Identifying project resource risks

Tools and techniques for risk identification

Qualitative and Quantitative Risk Analysis

Qualitative risk analysis methods and tools

Quantitative and semi-quantitative risk analysis methods and tools

Risk Responses and Controlling

Planning responses to negative and positive risks

Measuring risk management results

Monitoring and controlling risks

Course conclusion and wrap-up

Join us at London Academy for this comprehensive training course and become a skilled risk management professional, equipped to handle the complexities and challenges of risk in any project or organization.