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             VIEW OUTLINE - PDF 


Start Date : 17 Nov,2024
End Date   : 21 Nov,2024
Duration    : 5 Days
Price          : $ 3,995 ( SAR 14,981.25 )



The aim of this course is to provide participants with a general overview of all main aspects of Risk Management starting from the definition of the term and going through the building blocks of the total integrated Enterprise Risk Management model (ERM) together with its related Risk Governance arrangements. 



Course Objectives: 


At the end of this course, participant will be able to: 

  • Understand the definitions of key terms of Risk & Risk Management 

  • Explore the different stages of the Risk Management process 

  • Learn the tools and techniques used for Risk Assessment 

  • Study Risk Formulation, Risk Ranking and Risk Treatment 

  • Learn about Risk Appetite, Risk Tolerance and Risk Escalation 

  • Understand the Enterprise Risk Management model 

  • Study the Risk Governance framework 


Course Content: 


1- Introduction to Risk Management   

  • What is Risk Management? 

  • Why should we care about risk?  

  • Types of Risks 

  • Internal environment changes 

  • External environment changes 


2- Risk Management Process  

  • Establishing the Context 

  • Risk Identification & Risk Categorization 

  • Risk Assessment (Identification and Analysis) Techniques 

  • Risk Formulation (The Cause and Effect Relationship of Risk) 

  • Risk Analysis and Prioritization 

  • Risk Ranking (The Risk Ranking Matrix) 

  • Risk Evaluation, Risk Vulnerability 

  • Risk Appetite, Risk Tolerance and Risk Capacity 

  • Risk Profile 

  • Risk Treatment and Response 

  • Risk Monitoring and Reviewing 

  • Risk Communication, Escalation and Reporting 


3- Enterprise Risk Management   

  • Organizational Resilience and Business Continuity Planning 

  • Risk Control Techniques 

  • Using Key Risk Indicators (KRI’s) 

  • Creation of a Risk Register 

  • Risk Culture 

  • Risk Management Challenges 

  • Risk Maturity 

  • Enterprise Risk Management (ERM) 

4- Risk Governance 

  • ERM Framework 

  • ERM Road Map 

  • Emerging Trends in ERM 

  • Risk Management Framework 

  • Risk Strategy 

  • Risk Appetite Statement (RAS) 

  • Risk Governance 

  • Risk in The Boardroom 

  • Risk Assurance Functions 



Targeted Audience:

  • Risk / Compliance Management Function  

  • Internal Audit Function  

  • Internal Control Function  

  • Governing Body & CEO Level  

  • Managers, senior managers, directors, and executives 

Risk Management: How Top Companies Assess and Manage Risk

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