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Fundamentals for operation risk management

Organizations, whether public or private, regardless of their size, have objectives and are accountable to their shareholders and customers, as well as to their legal and contractual obligations.

Risk management provides a comprehensive and coherent response to these concerns. It aims to minimize the accidental loss of an Organization.

It implies therefore to identify sources of potential losses, to classify and identify scenarios of action, should they materialize.

Course objectives

Over a period of two (2) days, this course allows you to learn to identify and analyze the risk of loss, study management solutions and retain the best solutions.

Who it addresses

It is aimed at company executives (private or public), risk managers, contractors, brokers, insurers or internal auditors.

Course program

1.       Risk management introduction

  • Origins
  • Tendency
  • Definitions

2.       Identification and analysis

  • Four (4) risk  categories
  • Seven (7) identification tools
  • Company goals to take into account
  • Extent of risk
  • Risk mapping
  • Setting priority  when dealing with risk
  • Designing a monitoring tool

3.       Solutions for risk management

  • Six (6) current control measures
  • Two (2) main sources for financing risk
  • Main tool
  • Risk management information system
    • Basic functions
    • Challenges of installation and use of systems

Case study

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