A highly interactive training course on

Fundamentals of Risk Management & Risk Champion

Preparing for an Uncertain World
Coventry Academy -  Fundamentals of Risk Management & Risk Champion

Course Schedules

 13-17 May 2024
 New York
 08-12 Jul 2024
 14-18 Oct 2024

Training course overview

How can we manage risk? Risk is all about uncertainty, and in order for any organization to succeed in today’s fast paced, globally interlinked business environment the ability of the pro-active Risk Champion to identify, assess and reduce that uncertainty is essential. Core knowledge and skills of the future ready Risk Champion encapsulate leadership & decision-making, planning, operations, logistics, stakeholder communications, finance, administration, infrastructure, reputation and crucially, external geo-political issues.

This popular Coventry Academy training course will cover Risk Management and Enterprise Risk Management (ERM) in line with the ISO31000 framework, as well as the role of the Risk Champion, allowing your organization to manage risk and deliver against objectives. You will also develop skills in working with others to ensure success.

What are the goals?

By the end of this Coventry Academy training course, you will be able to:

  • Understand the role of Risk Management in contributing to performance and competitiveness
  • Master the concepts, approaches, international standards, methods and techniques for the effective implementation of Risk Management
  • Discuss & learn the practical application of these best practices
  • Be able to evaluate current provision & develop mechanisms to support application across the organization
  • Guide organizational deployment

Who is this training course for?

This Coventry Academy training course is suitable for a wide range of professionals who are involved in any aspect of Risk Management and who want to understand, implement and improve the most up to date Risk Management concepts, processes and ideas. For example:

  • Experienced Risk Managers & Practitioners requiring a refresher on recent developments
  • Internal auditors who seek to fully understand Risk Management & ISO 31000
  • Line & Project Managers who want to ensure that they are effectively managing risk
  • Operations, Project and Program Managers, Engineers and Supervisors
  • Change, Transformation & Organizational Development Managers, Excellence, & Quality Professionals
  • All Other Managers

Course Outline

Day One: Understanding Risk & Risk Management
  • Defining Risk
  • The Purpose & Practice of Risk Management
  • Problems in the definitions
  • The concepts, approaches, international standards, methods and techniques for the effective implementation of Risk Management
  • Evaluating Risk Management frameworks and practices
  • Delegates’ organizational evaluation
Day Two: The Nature of Risk Management
  • Risk Management best practices
  • Practical applications
  • Using ISO 31000 to manage risk
  • Enterprise Risk Management (ERM)
  • Aligning Risk Management with the organisation
  • Developing an effective Risk Management structure
Day Three: The Role of the Risk Champion
  • Who makes a good Risk Champion?
  • Knowledge & skill requirements
  • The role of Leadership
  • Stakeholder management
  • Developing mechanisms to support application across the organization
  • Deployment
Day Four: The Relationship to Business Continuity
  • Principles of Business Continuity Management & Business Continuity Management Systems (BCMS)
  • Incident and emergency response management 
  • Implementation of a BCMS in accordance with ISO 22301 & ISO/IEC 27031
  • Business Impact Analysis (BIA) and Risk Assessment
  • The relationship between BCMS and compliance with Risk Management requirements
  • The business case and project plan for a BCMS
Day Five: Practical Considerations
  • Defining your priorities & where to start
  • Identifying training needs
  • Avoiding common issues
  • Do’s & Do Not’s
  • The Next Steps
  • Course Review

The certificate

  • Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course

Coventry Academy
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