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Developing a Risk Management Plan for your Business


Overview

Risk Response Strategies

Contrary to popular belief, risk management isn’t something you can make up as you go along. Nor is a quality risk response plan something that happens by accident. For an organisation to successfully identify, analyse and manage every potential risk, structured risk response strategies must be created and implemented. The more focused, detailed and regimented the risk response plan is, the higher the likelihood of its success. Given the nature of risk, there’s no such thing as focusing too much time and attention on risk management. The best ERM strategies not only help mitigate and avoid threats, but also ensure the business makes the most of every opportunity that comes along.

Learn how to create and implement an effective risk management plan for your business with this exclusive tutorial. Explore programme vision and rationalisation, along with initiation and essential management selection. Find out how to determine mission-critical objectives, assess risks in accordance with key evaluation criteria and analyse the data collected. Take your knowledge and understand of risk control and alleviation to a profession level.

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Objectives

  • Discuss the basic steps involved in creating  Enterprise  Risk  Management  Programme
  • Explain  the importance of a contingency plan for a business and its main objectives
  • Determine the scope of business impact analysis

Programme Content

Topics:

  • Programme Vision and Rationalisation
  • Programme Initiation and Management Selection
  • Determining Mission-Critical Operations
  • Assessing and Analysing the Risks
  • Risk Evaluation Criteria
  • Functional Area Questions to Consider
  • Risk Control and Alleviation

Target Audience

  • International business and professional advisors
  • Risk managers looking to upgrade their knowledge and skills
  • Those involved in risk management and want to maintain their CPD
  • Individuals looking to enhance their CVs
  • Anyone looking to develop knowledge and skills for better job opportunities

Prerequisites

No prior knowledge is required to take this unit.

Overview

  • Participants:8 - 400
  • Duration: 2 - 3 hours
  • Participation:Only collaborative

Key Benefits

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Related

Course Level
Study Method Online
Course Duration 10 Hours
Start Date on going
Awarding Body
Pay in Instalment Full Fee £ 120, Deposite £ , ( £ 0/month )
Full Fee:    £ 120

Discount:    £ 30

Pay Today:    £ 90


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Pay in Full
Get £ 30 Discount Pay Today £ 90
you can pay Staff Training Solutions using payatrader
Pay in Instalment Full Fee £ 120, Deposite £ , (£ 0/month)
you can pay Staff Training Solutions using payatrader
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