| COURSE : CERTIFIED STRATEGIC RISK MANAGEMENT PROFESSIONAL - CSRMP | |
|---|---|
| Course Overview | A strategic approach to Risk Management provides organisation with a structure to profile, identify, assess and manage risks from Top Level viz. Business Planning; Business Objectives; The Laurels team uses a top down approach, where our Experts work with risk management practitioners / board members / Top level of management through workshops to test, identify, and evaluate risks throughout organisation at the same time providing the structure for ongoing management and updating. The process includes identifying risks that could potentially impact, identifying any existing controls in place, deducing the risk rating, and formulating new risk treatments if needed |
| Training Duration | Total Training Hours : 30 Hours Training Duration : 1 Week Total Training Days : 5 Working Days |
| Training Schedules | Weekdays (Sunday to Thursday) Regular Sessions : 6 Hrs Per day (9am to 2pm or 3.00pm to 9.00 pm) Food & refreshments Included WeekEnds (Friday & Saturday) Fast Track Sessions: 8 Hours per day (9am to 5pm) Food & refreshments Included |
| Certifications: | 1) Certificate from Laurels Training Institute, Attested by Knowledge & Human Development Authority (KHDA) government of Dubai, UAE OPTIONAL 2) Certificate from American Institute of Professional Studies (AIPS) from USA (After 15 Days of course Completion which will couriered to the attendees office address) |
| Tests | Yes |
| Learning Aids | Yes |
| Course Material | Hard & Soft Copies of Study Material |
| Language of Instruction | English |
| Instructor Helpline | Yes 1. Email 2. Social Media (For Emergency requirements) |
| Registration Requirements | 1. Passport Copy 2. Curriculum Vitae 3. Passport size photographs 4. Course Fee |
| Mode of Payment: | Cash / Cheque / Credit Card / Bank Transfer. |
| Eligibility Criteria (Who should attend this training) | 1. Senior executives with 10 to 15 years of experience 2.Senior functional leaders transitioning into general management 3.Division-level managers who will soon assume corporate-level positions 4.Individuals from larger global organizations — from any industry and any country 5.New Entrepreneurs 6.Potential Business Owners |
| Course Benefits | 1. A structured approach to managing risk 2. An understanding of the risks facing the entire organisation support for strategic and business planning 3. Reassurance for all stakeholders that risks are being managed 4. A focus for internal audit programs 5. Explore how your organization's competencies and shortcomings translate into strategic challenges and opportunities. 6. Develop skills to build appropriate action plans. 7. Achieve alignment between the competitive environment and your company’s strategy and organizational structure. 8. Use analytical tools to identify and evaluate a firm's strategy and its position in the industry. 9. Develop effective frameworks for executing change management initiatives |
| Course Contents / Outline | Introduction Risk management concepts Benefits of strategic risk management Integrating risk management within the project management life cycle Taking a leadership role in risk management Definitions of stakeholder risk tolerances and attitudes Developing a risk management plan Defining risk categories Defining probability and impact Developing a risk matrix Communicating risk information Critical success factors
Risk Identification Identifying types of project risks Critical success factors Who should be involved in risk identification? Tools & techniques for identifying risks Writing an accurate risk statement Developing a useful risk register CASE STUDY EXERCISE
Risk Analysis Qualitative risk analysis defined Critical success factors Risk probability and impact assessment Risk urgency assessment Using the risk matrix Quantitative risk analysis defined Knowing when to quantify Risk impact calculation Expected monetary value - determining the risk reserves Decision trees Monte Carlo simulation & probability distributions CASE STUDY EXERCISE
Risk Response Planning Response Planning Critical success factors Risk response strategies Developing the risk response plan Tools & techniques for risk responses Planning for Residual and Secondary Risks Response planning documentation CASE STUDY EXERCISE
Controlling Risk Purpose and objective of risk monitoring and control Life cycle of a Risk Critical success factors Using contracts as a risk management tool Tracking risks using the risk register Implementing risk response plans CASE STUDY EXERCISE
Risk Closure and Communication Purpose and objective of risk closure and communication Critical success factors Communicating risk status Creating a central repository of risk information - the ""Corporate Knowledge Base"""
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