Course Overview

A strategic approach to Risk Management provides organisation with a structure to profile, identify, assess and manage risks from Top Level viz. Business Planning; Business Objectives;

The Laurels team uses a top down approach, where our Experts work with risk management practitioners / board members / Top level of management through workshops to test, identify, and evaluate risks throughout organisation at the same time providing the structure for ongoing management and updating.

The process includes identifying risks that could potentially impact, identifying any existing controls in place, deducing the risk rating, and formulating new risk treatments if needed

Training DurationTotal Training Hours : 30 Hours
Training Duration : 1 Week
Total Training Days : 5 Working Days
Training SchedulesWeekdays (Sunday to Thursday)
Regular Sessions : 6 Hrs Per day (9am to 2pm or 3.00pm to 9.00 pm)
Food & refreshments Included

WeekEnds (Friday & Saturday)
Fast Track Sessions: 8 Hours per day (9am to 5pm)
Food & refreshments Included
Certifications:1) Certificate from Laurels Training Institute, Attested by Knowledge & Human Development Authority (KHDA) government of Dubai, UAE

2) Certificate from American Institute of Professional Studies (AIPS) from USA (After 15 Days of course Completion which will couriered to the attendees office address)
Learning AidsYes
Course MaterialHard & Soft Copies of Study Material
Language of InstructionEnglish
Instructor HelplineYes
1. Email
2. Social Media (For Emergency requirements)
Registration Requirements1. Passport Copy
2. Curriculum Vitae
3. Passport size photographs
4. Course Fee
Mode of Payment:Cash / Cheque / Credit Card / Bank Transfer.
Eligibility Criteria
(Who should attend this training)

1. Senior executives with 10 to 15 years of experience

2.Senior functional leaders transitioning into general management

3.Division-level managers who will soon assume corporate-level positions

4.Individuals from larger global organizations — from any industry and any country

5.New Entrepreneurs

6.Potential Business Owners
Course Benefits

1. A structured approach to managing risk

2. An understanding of the risks facing the entire organisation

support for strategic and business planning

3. Reassurance for all stakeholders that risks are being managed

4. A focus for internal audit programs

5. Explore how your organization's competencies and shortcomings translate into strategic challenges and opportunities.

6. Develop skills to build appropriate action plans.

7. Achieve alignment between the competitive environment and your company’s strategy and organizational structure.

8. Use analytical tools to identify and evaluate a firm's strategy and its position in the industry.

9. Develop effective frameworks for executing change management initiatives
Course Contents / Outline


Risk management concepts

Benefits of strategic risk management

Integrating risk management within the project management life cycle

Taking a leadership role in risk management

Definitions of stakeholder risk tolerances and attitudes

Developing a risk management plan

Defining risk categories

Defining probability and impact

Developing a risk matrix

Communicating risk information

Critical success factors


Risk Identification

Identifying types of project risks

Critical success factors

Who should be involved in risk identification?

Tools & techniques for identifying risks

Writing an accurate risk statement

Developing a useful risk register



Risk Analysis

Qualitative risk analysis defined

Critical success factors

Risk probability and impact assessment

Risk urgency assessment

Using the risk matrix

Quantitative risk analysis defined

Knowing when to quantify

Risk impact calculation

Expected monetary value - determining the risk reserves

Decision trees

Monte Carlo simulation & probability distributions



Risk Response Planning

Response Planning

Critical success factors

Risk response strategies

Developing the risk response plan

Tools & techniques for risk responses

Planning for Residual and Secondary Risks

Response planning documentation



Controlling Risk

Purpose and objective of risk monitoring and control

Life cycle of a Risk

Critical success factors

Using contracts as a risk management tool

Tracking risks using the risk register

Implementing risk response plans



Risk Closure and Communication

Purpose and objective of risk closure and communication

Critical success factors

Communicating risk status

Creating a central repository of risk information - the ""Corporate Knowledge Base"""



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