Introduction to Risk Management

Introduction to Risk Management
  • Online (Microsoft Teams)
  • +971 562069465
  • info@velosiaims.com
  • This one-day introductory course provides participants with a fundamental understanding of risk management principles and practices. The training covers key concepts, tools, and techniques to identify, assess, and manage risks effectively within organizations.

    Key Topics:

    • Fundamentals of risk management
    • Types of risks (strategic, financial, operational, hazard)
    • ISO 31000 risk management principles and framework
    • Risk identification techniques
    • Basic risk assessment methodologies
    • Risk treatment options
    • Risk monitoring and review
  • By the end of this course, participants should be able to:

    • Define risk management and explain its importance in organizational contexts.
    • Identify and describe various types of risks faced by organizations.
    • Understand the principles of ISO 31000 risk management standards.
    • Apply risk identification and assessment techniques.
    • Recognize different risk treatment options.
    • Understand the role of risk monitoring and review in the risk management process.
  • Training will be conducted via Microsoft Team Meeting. Meeting invites will be shared one day before the first day of training. 

    Face-to-face training is available as per request.

  • 01 day of training from 09:00 AM to 03:00 PM GST (UAE Time)

    • Presentation Slides
    • Study References
  • Upon successful completion of training, participants will receive an "Introduction to Risk Management" course completion certificate.

  • This course is appropriate for a wide range of professionals but not limited to:

    • Managers and personnel involved in implementing procedures of risk management
    • Professionals seeking a comprehensive understanding of risk management principles
  • Group Discount (same company only)

    • 15% Discount for groups of 5 or more
    • 10% Discount for groups of 3-4

    Bundle Discount

    • Sign up for 2 courses and get an extra 10% off
    • Sign up for 3 courses and get an extra 15% off
how can we help you?

Contact us at the Velosi office nearest to you or submit a business inquiry online.

Fees + VAT as applicable

Tax Registration Number: 100442245500003

(including coffee breaks and a buffet lunch daily)

Course Outline

  • Fundamentals of Risk Management

    • Definition and importance of risk management
    • Types of risks (strategic, financial, operational, hazard)
    • ISO 31000 risk management principles and framework
  • Risk Identification Techniques

    • Brainstorming and checklists
    • SWOT analysis
    • Stakeholder engagement in risk identification
  • Basic Risk Assessment Methodologies

    • Qualitative risk analysis
    • Quantitative risk analysis
    • Risk prioritization
  • Risk Treatment Options

    • Risk avoidance, reduction, transfer, and acceptance
    • Developing risk response strategies
  • Risk Monitoring and Review 

    • Importance of continuous monitoring 
    • Key performance indicators for risk management
    • Risk reporting and documentation

     

  • Practical Application

    • Case studies and exercises
    • Developing a risk management plan
    • Action planning for implementation

     

    This outline offers a comprehensive introduction to risk management principles and practices, suitable for a one-day training course.

Past Trainings

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