Development
Seminars >Modern Risk Management: Concepts, Tools & Techniques
This seminar is offered in association with Wiltshire Consulting Inc. (WC)
This is an introductory level course that prepares participants to be risk management practitioners as organizations increase expectations for structured approaches in the management of risk. The target audience is all employees and managers that are (or may be) expected to directly support more structured approaches for the management of risk.
OBJECTIVES
Participants will be able to:
- Describe key concepts that modernize risk management - stakeholder focus, risk perception, risk tolerance, and integrated ( Enterprise) Risk Management (IRM/ERM);
- Develop and use key tools (e.g. Risk Matrix and Risk Tolerance Model) for more structured risk management; and
- Participate in, and contribute to, structured risk management techniques.
ABOUT THE WORKSHOP
Day one explores the strengths, weaknesses, and objectives inherent in the most commonly used risk management processes so participants may make informed decisions about the best process for their organization. Participants also learn proven strategies for implementing IRM/ERM. In addition, participants are introduced to two critical components in the suite of risk management techniques - Risk Factoring (for day to day management of operational risks) and Strategic Risk Assessment (for managing the strategic risks of major initiatives, programs and the organization overall.
Day two concentrates on hands-on practice with Risk Factoring and Strategic Risk Assessment. Tools such as WC's Risk Scorecard© Toolkit are used as a learning aid and can be adopted or adapted by participants for their organization. Participants will also learn about tools (Risk Register) and strategies for reporting and monitoring risks (Risk Indicators).
Participants will be able to support the implementation of structured risk management techniques such as Risk Factoring and Strategic Risk Assessment and apply the results in their decision-making responsibilities.
WHO SHOULD ATTEND
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Program Managers, Project Managers and Officers who need to manage operations and projects facing significant risks;
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Policy Analysts who need to better understand and communicate the risks associated with evolving programs or new initiatives;
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Planning staff who need to enhance the attention to risk in planning and priority setting exercises;
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Managers and Officers assigned to strengthening risk management practices across their branch, department or agency; and
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Managers and Officers who need to better understand modern risk management and how it can be used as a lever for demonstrating due diligence in allocating resources and achieving organizational results.
Detailed course outline
Risk Management Instructors - Irene Marchenko or Colin Wiltshire
REGISTER for seminar in: British Columbia, Saskatchewan
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