Risk management is the process by which an organization identifies, assesses, controls, measures and monitors a variety of risks and opportunities for the purpose of achieving maximum sustainable firm’s value. Risk management allows organizations to attempt to prepare for the unexpected by minimizing risks and extra costs before they happen.
Risk management has been incorporated in ISO 31000. Risk for ISO 31000 is defined as “The effect of Uncertainty” on business objectives.
Our well-integrated course will help raise basic awareness of risk management concepts and mechanisms, to enable participants to identify and manage risks in their own units and to strengthen project management through adequate forward planning of potential risks.
- Reduce business liability
- Enhanced Decision Making
- Improved Operational Efficiency
- Competitive Advantage
- Better Reputation