Creating a Risk Assessment Plan - Your Risk Radar

This webinar will discuss different approaches to risk management. Attendees will learn how to identify common risks and mitigate their impact.

Why Should You Attend:

Risk can never be eliminated but it can be successfully managed. There are many approaches for successful risk management. Identification of risks is only the first step. Risks are around every corner and must be overcome to gain any reward. Internal and external risks must be understood to manage projects, comply with legislation, assess ideas for new business, and expand into new markets or even safety of daily operations.

Risk assessment is a fundamental skill for auditors, compliance, security, project managers, and any manager who is responsible for decision-making, at the operational or strategic level.

This webinar will discuss how to identify common risks and mitigate their impact. It will help attendees understand how to assess a situation and define the risks around that situation. Attendees will also learn how to identify high impact, low probability risk that may result in catastrophic consequences.

This webinar will help to encourage “out of the box” thinking to ensure your risk radar is properly functioning. It will also introduce the concept of bias in decision-making and discuss how dread of risk can result in damaging paralysis and inaction.

Areas Covered in the Webinar:

• Understand how risk management works
• Projects - new tasks, new risks
• Types of risk - Building your risk radar
• Risks and decision making
• Identifying risk consequences
• Mitigation versus avoidance
• Understand and assign probability and Impact
• Prioritize risks
• Trigger items
• Actions plans
• Frameworks - a minimum baseline or false safety
• Risk avoidance: the path to organizational stagnation

Who Will Benefit:

• Decision Makers (operational and strategic)
• Auditors
• Compliance Personnel
• Security Personnel
• Business Owners
• Project Managers
• Project Management Officer