Tools to control risk
Companies are well aware of risk of losses they face every day.
If they know, from experience, how to identify and analyse those risks, they are not necessarily aware of the different ways to control them.
Over a period of one (1) day, this course explains what is meant by risk control, discusses the various solutions to reduce the severity or minimize the frequency of risks and illustrates, by concrete examples, how to apply them.
Who it addresses
It addresses company executives (private or public), risk managers, contractors, brokers and insurers.
Course program
1. Introduction to theoretical risk control
- definition and importance
- concept of cause
- control techniques setting
- link between control and financing
2. The main tools of control in terms of losses
- control of risk for property loss
- control of risk for civil liability
- control of risk for operation loss
- control of risk for workforce loss
3. Monitoring risk control
- Monitoring tools (strength and weakness)
- Challenges associated with monitoring
Case study