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Managing Risk

CP Training Consortium

Summary

Price
£2,635 inc VAT
Study method
Classroom
Duration
5 days · Full-time
Qualification
No formal qualification

Location & dates

Location

Address
SW1E 5RS
United Kingdom
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Overview

How to mitigate risk to gain competitive advantage.

A 5-day Course

Description

Risk, they say, is a part of life. It’s certainly part of business – any business. Risk is unavoidable; we ignore it at our peril. Many business leaders say that, without taking risks, success is impossible.

The key is to prepare for risk and manage it. It’s not just a matter of identifying and evaluating risks; we also need to separate potentially disastrous risks – and minimize them – from risks that provide opportunities for growth and competitive advantage – and manage them.

In this course, we explore a method for combining risk assessment and mitigation into an integrated risk management process. We discover the drills and skills that will help us transform risk into reward.

By the end of this course participants will be able to:

  • Analyse the broad range of risks in business
  • Understand the benefits of risk management
  • Identify, assess and mitigate hazards
  • Assess and evaluate risks, according to urgency and importance
  • Formulate a risk assessment process
  • Contribute to the development of a risk management system for their organisation
  • Implement and manage the risk management system effectively

Topics covered during the course will include :

  • Fundamentals of risk management and assessment
  • Hazards identification and control
  • Job safety analysis and its relation to risk
  • Operational and production risk
  • Project risk management
  • Purchasing risk
  • Security risk
  • Fraud risk
  • IT risk
  • Intellectual property risk
  • Risk management systems
  • Environmental risk
  • Catastrophic risks and business continuity

In addition, according to the needs of participants, in-depth information can be given for any of the following:

  • Introduction to EMS and ISO 14001
  • Environmental trends
  • Emergency preparedness and response
  • Environmental audit systems
  • Risk assessment, auditing and monitoring
  • Work permit systems and risk assessment
  • Risk in financial institutions
  • Credit risk

Who is this course for?

We have designed this course for anyone who can influence the management and control of risk within their organisations: supervisors, junior and middle managers, and anyone responsible for risk management systems, especially within Contract Management and Procurement.

It will also be invaluable for employees wishing to gain a better understanding of risk as part of their CPD plan.

The course will be particular benefit to any managers responsible for embedding effective systems of corporate governance, as well as departmental heads requiring a better understanding of risk management.

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Legal information

This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
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