Risk Management Training
→ The purpose of risk management training is to raise basic awareness of risk management concepts and mechanisms, to enable participants to identify and manage risks in their own units and to strengthen project management through adequate forward planning of potential risks.
→ The training module on risk management introduces the definition of risk and the purpose of risk management and discusses steps towards the effective management of risks. The course goes beyond the provision of generic tools and extends to re-visiting elements of organizational culture, decision making and situational awareness. Practice case studies and exercises are proposed at the end of the training session, and participants are requested to undertake a mock risk analysis using the methodology described in the module.
- Understand the importance to the organization of developing a risk management plan which incorporates the policies and procedures for managing risk
- Identify and analyze risk, and select appropriate treatments
- Implement, evaluate and monitor the risk management plan.