Risk Management

Overview

This program covers the development, implementation and evaluation of a risk management plan for the organisation as part of its strategic plan. It incorporates an assessment of potential risks facing the organisation and the development of plans to mitigate risk situations through elimination, isolation and protection.

Participants will receive a copy of Australian/New Zealand standard: Risk management 2004, (AS/NZS 4360:2004 Risk Management) and its companion Risk management guidelines (HB 436:2004 Risk Management Guidelines).

Risk Management is designed for:

• managers who wish to extend their knowledge and experience in the field of managing risk
• people seeking to acquire the skills involved in risk management.

Content

• introduction and overview of risk management as part of the strategic plan for the modern organisation
• policies and procedures for effective risk management including:
  • conduct a risk audit
  • develop a risk register
  • develop policies, procedures and training for the organisation
• access external specialist risk management consultants to facilitate the development of the risk management program
• methods for implementing and monitoring the risk management plan
• methods for continually evaluating and improving the risk management plan, policies and procedures.

Learning Outcomes

• understand the importance to the organisation of developing a risk management plan which incorporates the policies and procedures for managing risk
• identify and analyse risk, and select appropriate treatments
• implement, evaluate and monitor the risk management plan.

Units of competency

• BSBRSK501A Manage Risk

Duration
2 days