Brief course description...

All organizations face uncertainty in meeting their objectives. As a proven methodology, risk management is a systematic framework and process for maximizing those areas where outcomes can be controlled while minimizing those that cannot be predicted and over which control cannot be exercised. BSI’s 1-day course on understanding risk management will provide the foundation you need to start managing your organization’s risks effectively.

After completion of this course, you will be able to describe the fundamentals, key principles and application of risk management to your organization.

BSI’s Understanding Risk Management course uses lectures, discussions and hands-on exercises to effectively achieve learning objectives.

Brief course description...

BSI’s Implementing ISO 31000 course provides participants the understanding of risk management concepts with practical tools and methods of implementing risk management. This implementation course is based on industry best practice of risk management as elaborated in ISO 31000: 2009.

This Practical course has been designed to help industry in institutionalizing risk management practices within their organization. Students will return to their organizations with the knowledge of how to implement the principles and guidelines of risk management system based on ISO 31000:2009.

Businesses all over have priorities based on their own position compared with the market as well as the market itself. Attention is normally focussed onto the areas that the company perceives to have a higher business risk.

However, this is not so well structured and very often, business risks are not properly visualised or understood, especially as there is a lack of formality in understanding them. There is also a danger of not realising which are the greatest risks and which of them must be focussed upon by the organisation.

In order to improve business decision making, Risk Management today is rapidly gaining acceptance and is helping organisations manage their businesses better, which in today’s hypercompetitive environment is an imperative.

The Risk Assessment Workshop

A workshop format enables participants to both contribute and learn in a natural environment. The result is not only a ranked list of key risks, but a fascinating discussion about the control environment, risk appetite, and individual risk tolerances. As stakeholders walk away from the session their understanding of business operations, objectives and challenges has expanded and they are equipped with the knowledge and the detailed analysis to make improved business decisions.