Enterprise Risk Management (ERMT)
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.
Explain risk-related concepts, terms, and principles
Use a proven and practical risk management framework aligned to industry best practices
Describe how to manage organization or project risks by identifying, analyzing, prioritizing, mitigating threats and capitalizing on opportunities
Plan contingency responses, devise fallback plans, identify triggers or early warning signs
Monitor and report on risk status, perform risk re-assessment and audits
This course is perfect for senior managers, project managers, team leaders, and any other stakeholders seeking to implement consistent, well-balanced risk management programs in a cost-effective manner, using proven industry techniques.
Overview and Risk Management
Plan Risk Management
Plan Risk Responses
Risk Monitoring and Control
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