Risk Management 1 Day Course

Whatever business you're in, it's essential to manage risks effectively. Risks come in many forms, your organisation could suffer a data breach or be too reliant on just one source of revenue, and the Risk Management 1 Day Course helps you understand the risks involved in making business decisions, and feel confident that you'll know what to do, should the worst happen.

This course pairs naturally with the Project Management 1 Day Course and the Practical Project Management 2 Day Course, since risk assessment forms a core part of successful project delivery on both. Anyone whose role also touches on financial decision-making may find the Finance for Non-Finance Managers 1 Day Course a useful companion, since understanding financial risk relies on a solid grasp of the underlying numbers.

There's no formal assessment for this course, but delegates receive a Certificate of Attendance for their records.

Learn how to identify, assess and manage all kinds of risk with the Risk Management 1 Day Course. Throughout the day, you'll take part in various practical activities that will give you a solid understanding of:

• The kinds of risks facing your business
• How to assess risk effectively
• The cost of not managing risk
• The risk/reward ratio
• What happens when things go wrong

Every business needs to take risks in order to grow. The size of the risk will vary according to your organisational needs, but there should always be a balance between risk and payoff. During this packed Risk Management 1 Day Course, you'll learn how, why and when it is worth taking a risk, and how to successfully manage business decisions. The course will cover:

• Why managing risk is a good idea
• Operational, strategic and financial risk and what they mean
• The psychology of risk
• The difference between personal and corporate risk
• How to balance risk and reward: what's the expected return?
• Contingency planning, being flexible and responsive
• The risk management system
• What to do when things go wrong
• Learn from past experiences

There's no formal assessment for the Risk Management 1 Day Course. However, you'll receive a Certificate of Attendance for your records.