ENTERPRISE RISK MANAGEMENT

Duration: 2 Days | 16 Contact Hours | Code: ERM

UPCOMING CLASS

TRAINING MODE

Virtual Classroom

ABOUT THE PROGRAM

Good Management Practices Through Practical Risk Management

Risk Management is essential for any good management practice. Managers are often under pressure to make decisions and deliver projects on accelerated schedules, and to incorporate new technologies and innovations to stay ahead of the competition. To minimize the possibility of making the wrong decisions, managers should evaluate every decision made and what impact it has on the organization and/or project stakeholders.

This program introduces a well-proven and practical framework for risk management, all in compliance with the ISO 31000 Enterprise Risk Management principles and generic guidelines. It is also aligned with the Project Management Institute’s (PMI®) global standard ‘Practice Standard for Project Risk Management’.

Combined with subject matter discussions, participants will be organized in simulated project teams to work on real life case studies. The teams will apply a set of practical tools and techniques to develop complete risk management planning deliverables.

Participants will be empowered with a set of risk management tools, techniques, and practical skills to immediately contribute to their crucial projects on site and back at the office.

Overview and Risk Management Fundamentals
  • Risk Management Principles and Concepts
  • Risk Management Trends and Best Practices
  • Accountability and Governance
  • Critical Success Factors for Plan Risk Management
  • Iterative Risk Management Processes
  • Tools and Techniques
  • The Risk Register
  • Probability and Impact Matrix
  • Qualitative Risk Analysis and Risk Prioritization
  • Risk Response Strategies
  • Risk Response Analysis
  • Monitor, Track and Evaluate
  • Risk Re-assessment and Audits
  • Risk Communication and Consultation
  • Lessons Learned
  • Maintain Risk Awareness

At the end of this interactive and hands-on RFMP workshop, participants will be able to:

This course qualifies for 16 Professional Development Units (PDUs) for both PMP and PMI-RMP credential holders under Project Management Institute (PMI) Continuing Certification Requirements (CCR) program Category A.

training grants

Funding support for training courses. Terms and conditions apply.

Training mode: Virtual Classroom

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HRDCorp Claimable Course

HRD Corp Claimable Courses is a dedicated programme designed to assist employers in retraining and upskilling their employees in line with their operational and business requirements.This course is fall under category Employer-Specific-Courses.