- TypeTraining or Development Class
- Location Devimpact Institute, Nairobi, Kenya
- Date 08-01-2024 - 12-01-2024
Education/Teaching/Training/Development
Risk is the possibility of something bad happening. The possibility that the occurrence of an event will adversely affect the achievement of the organization’s objectives. Risk is the main cause of uncertainty in any organization. Thus, companies increasingly focus more on identifying risks and managing them before they even affect the business. The ability to manage risk will help companies act more confidently on future business decisions.
Risk management is important in an organization because without it, a firm cannot possibly define its objectives for the future. If a company defines objectives without taking the risks into consideration, chances are that they will lose direction once any of these risks hit home. The risks that modern organizations face have grown more complex, fueled by the rapid pace of globalization. New risks are constantly emerging, often related to and generated by the now-pervasive use of digital technology.
Training on Risk Management is designed to equip participants with essential knowledge and practical skills to identify, assess, mitigate and monitor risks in organizations and in various contexts. The course will cover fundamental principles, best practices and tools used in risk management, preparing participants to effectively manage risks in their professional roles.
Target Participants
This training on risk management course is beneficial to all individuals who need to understand and improve their proactive business risk management and risk communication skills. It is designed for professionals responsible for developing organizational strategy and defining organizational objectives. The course aims to enhance the skills and knowledge of these professionals in identifying, assessing, responding to and monitoring risks in their work places/ organizations.
What You Will Learn
By the end of this course the participants will be able to:
Course Duration
Online: 7 Days
Classroom: 5 Days
Course Outline
Introduction to Risk Management
Risk Management Process
Risk Assessment and Mitigation
Operational and Enterprise Risk Management
Regulatory Compliance and Communication
Training Approach
This training on risk management course is delivered by our seasoned trainers who have vast experience as expert professionals in their respective fields of practice. The course is taught through a mix of practical activities, presentations, group works and case studies.
Training notes and additional reference materials are provided to the participants.
Certification
Upon successful completion of this training on risk management, participants will be issued a certificate of completion, recognizing their knowledge and skills in Risk Management.
Tailor-Made Course
This course outline can be customized further based on specific needs and requirements of the participants.