Risk Management Course

Objectives of the risk management course

The objectives of the “risk management course” are:

  • To gain a comprehensive understanding of what risk management entails within an organisation.
  • To understand and know how to apply risk management within the integrated management system and in management in general.
  • Tailored training for companies that need to apply risk management within their integrated management system (such as ISO 9001, ISO 14001, ISO 45001)

Course methodology

The course alternates between theoretical and participatory sessions using the case study method. Learning through case studies is a practical way of engaging with the realities of business. Supplementary documentation and materials will be provided. Depending on your requirements, the course can be delivered as an ‘in-company’, ‘blended’ or ‘online’ programme. The course is eligible for funding from Fundae.

Upon successful completion of the course, participants will receive a certificate of attendance.

Target Audience

The Risk Management course is aimed at all professionals who wish to implement comprehensive risk management within their organisation. In particular:

  • Those responsible for implementing risk management strategies.
  • Managers and specialists in quality management, environmental management and integrated management systems.
  • Those responsible for establishing, ensuring and implementing an appropriate risk management policy.
  • Professionals with responsibility for compliance and/or internal control (internal auditors, risk management, management control, legal advice, etc.)
  • Managers and executives with an awareness of regulatory compliance and its management to minimise the impact on costs and risks.

Course programme

The risk management course programme is as follows:

  1. Corporate culture: risk, reputation and value
  2. Concepts of risk, hazard and opportunity.
  3. Types of risk:
    • Criminal
    • Reputational
    • Economic and financial risk. Ratios or indicators used in financial analysis
    • Operational,
    • Information security and data protection risk,
    • Environmental
    • International operations: How to control and adequately cover risks.
  4. Techniques and methodology for identifying, assessing and prioritising risks:
    • Qualitative, quantitative and semi-quantitative analysis: ISO 31000
    • Commercial credit risk: Traditional credit scoring methodologies and models for analysing business credit risk.
    • Supplier risks: Methodologies and best practices for analysing and managing risk in the selection and contracting of suppliers, thereby avoiding or mitigating such risks.
    • Establishment of risk criteria
  5. Development of a risk map
  6. Risk management within management systems.
    • Elimination, reduction, transfer, mitigation, etc.
    • Risk control and monitoring
    • Response to the materialisation of a risk
  7. Risk prevention
    • Preventive measures
    • Controls
    • Internal organisation and implementation
    • The relationship between risk and social responsibility
  8. Risk treatment
  9. Additional tools
    • Business continuity
    • Emergency management
    • Internal and external communication in crisis situations
    • Crisis management team
  10. Leadership in risk management
  11. Case studies