Risk Management and the Risk Assessment Process

This Risk Management training will cover Risk management & Risk assessment within all business processes. Risk management is a concern that must be taken seriously in all aspects of your business. Are you prepared for the problems you may face?

Fact: Experts have said that a good risk management process can reduce problems on a project by as much as 80-90%.

Risk management must be a common theme throughout your company if you want to steer clear of problems that will hurt your shareholders. Risk is not merely the responsibility of Internal Audit to understand and avoid. Moreover, risk management is a continuous process, and must be worked on and refined for the long term. A good risk management process will both reduce the surprises that lie in wait for projects, and assist in solving problems when unexpected pitfalls do occur. This online training will show you how to make this happen.

Areas Covered in the seminar:

• How to define risk management.
• The objectives of risk management.
• The Universe of Risk.
• The risk assessment process.
• Roles and Responsibilities.
• Processes and tools that will help support your business.
• One of the top priorities of corporations today is to control internal and external risk. With the recent jump in regulatory mandates and increasingly active shareholders, many organizations have recognized the need to identify areas of risk in their business, be it financial, operational, IT, brand, or reputation related risk.

Who Will Benefit:

• Internal Auditors (Financial and IT)
• Key business process owners
• Quality assurance personnel
• Sarbanes Oxley compliance personnel