Introduction to Enterprise Risk Management


This course will be run in English. We live in the era of the big challenges. The challenges of globalisation, digitisation and new technology combined with the pace of change and increasing complexity are putting more pressure on Organisations to effectively manage an array of risks and become more resilient in order to compete in today’s business environment. Furthermore organisations continue to face crises. Some of these have been external, caused by unforeseen events or lack of planned response, while others occur inside the organisation.

For these reasons Risk management is becoming a critical tool which enables the organisation to achieve objectives and expectations and at the same time respond effectively to any disruptive event.

Purpose of the Training:

To provide attendees the knowledge and skills to successfully develop a simple and effective Risk Management framework and strategy based on internationally defined risks management terms and methodologies. The training programme will introduce risk management standard ISO 31000 Risk management, principles and guidelines and other latest best practices. Through a number of case studies and practice the attendees, upon completion of the training, will be expected to:

Objectives:

• Familiarise with basic risk management terminology
• Identify basic terms of Corporate Governance and Enterprise Risk Governance
• Distinguish the different stages of the Risk Assessment cycle as defined by the ISO 31000:2009
• Develop a strategic plan and framework for enterprise risk management
• Discern basic documents required for effective documentation of risk identification & treatment
• Define possible risks & consequences related to the context of their organisations
(internal& external)
• Develop a risk assessment and response plan for different risks
• Accept risk management as a critical tool for the achievement of organisation’s objectives
• Comply with the requirements of the new Management Standards ISO 9001:2015 & ISO 14001:2015 for
risk management.

The seminar includes:-

Workbook, Certificate of Attendance, Coffee breaks and a light lunch.

Who will benefit:

Managers, Internal Auditors, External Auditors, Administrators.

What will be covered:

Please call Elena for full program and profile

The course tutor: Pantelis Angelides, MSyI

Note:

Due to limited number of seats please contact Elena or Christina to ensure you book your place well in advance on 25 336449

Look forward to seeing you at the Training Centre.