Risk Management

ATI-Mirage Training and Business Solutions

Event outline

Overview

Participants will build their skills and knowledge in managing risk, both as an integral part of project management and for wider applications.

The course provides a structured process for identifying, analysing, assessing, managing/mitigating and monitoring all types of risk. Participants will be introduced to a range of models and control mechanisms.

Content

Introduction

  • Setting the context
  • What is risk management?
  • How does risk impact business operations?

Risk management in context

  • Legal aspects of risk
  • Outsourcing risk
  • Joint Ventures and partnerships
  • Offsetting risk through contractual arrangements and insurance
  • Project Risk Management Plans

Risk identification, analysis, assessment and monitoring

  • Risk assessment
  • Sensitivity analysis
  • Risk prioritisation and intervention
  • The project Risk Register

Types of risk

  • Occupational Safety & Health risks
  • Economic risk
  • Political risk
  • Social/Community factors
  • Financial and currency risks
  • Geographic/Environmental factors
  • Human Resource factors
  • Competitor/market risk
  • Technology factors

Risk management models and their use

  • Risk management models
  • Macro & micro view of the project environment
  • The Risk Matrix

What's next?

  • Action planning
  • Additional resources

Learning outcomes

  • Understand and apply the fundamental steps of an effective risk management methodology
  • Identify, analyse and assess risk
  • Manage and monitor risk
  • Describe different types of risk
  • Understand risk management models and their appropriate use
  • Develop a Risk Management Plan.

Prerequisite

This program requires no previous experience or training.

Course duration

1 day

Dates & registration

There are no dates listed for this event.

Provider information

We are committed to providing Government organisations and individuals with the tools they need to thrive. We are a proudly, and wholly, West-Australian owned company dedicated to keeping learning real. 100% quality guarantee with over 170,000 people