Every business activity contains some element of risk – not just big launches and critical decisions. Every project, process, and event have their own set of potential problems. To deal with risks effectively, you must first understand the risks, then control them as much as possible.
Risk Management teaches participants how to think about risk – what level of risk they’re willing to assume and how to identify, categorize, mitigate, and respond to specific risks. Risk-based decision making and planning ensures that the reward of an activity is worth the risk and helps measure and respond to issues quickly and calmly. Course participants learn to:
Identify risks in projects, processes, and events
Characterize risks based on probability and impact
Minimize identified risks
Be prepared for risks becoming reality
Be sure a risk or risk event has been resolved
Track and report risks
The course consists of instructor-introduced concepts and participant application of the method to an actual project on which they’re working.
The target audience for this course consists of managers, project managers, planning and implementation teams, and decision-makers. The value of this course to participants and to the organization is:
Early and ongoing identification and evaluation of potential risks
Preparation for risks materializing
Contingency planning to deal with risks that materialize
Ability to reduce or eliminate risks
Please contact us to arrange for this course to be taught at your organization.