Advanced Risk Management & Internal Audit

Course Overview

This Advanced Risk Management & Internal Audit training course will develop the understanding, skills, methods, and behaviours required to proactively manage risk across your operations – helping to ensure the day-to-day operational continuity and the long-term sustainability of the organisation. Based on a proven framework and introducing best practice techniques, it will present a pragmatic approach to balancing risk and reward in today’s world of technological innovation and global competition. Likewise, this training course will provide insight into Risk Governance and a systematic methodology to identify, quantify, and mitigate risks that threaten to disrupt the organisation. It provides a profound understanding of the human, process, systems, and organisational causes of risk and how to minimise them, including insight into the psychology of risk prevention and the need to combat external threats. It will enable the delegates to observe their operations and take steps to plan and manage risk within their workplace.  

Course Objectives

At the end of this training course, the delegates will learn to:  

• Appreciate the benefits of practical Operational Risk Management
• Paradigm an effective Risk Management Plan
• Conduct Risk Identification and Risk Analysis
• Plan a response to risk and take action to mitigate it
• Implement an Operational Risk Management Framework within the organisation
• Document, report, and manage Operational Risk Auditing
• Apply a systematic approach to Risk Management within the operations