Intended For - Businesses who wish to comply with, and be properly informed about the Turnbull guidance on business risk.

Course Duration - 1 Day

Prerequisites - None, other than knowledge about their organisation

Objectives

To understand the guidance on Business Risk as outlined by Turnbull.

To determine the best approach to implementing the approach within your organisation.

To be able to apply a variety of techniques to determine and quantify potential risks.

To be able to develop alternative solutions and use a variety of techniques to determine which one(s) to implement.

 To understand the importance of, and how to embed the risk process within its operations the planning and implementing identified actions

Topics Covered

  • What is Risk?

  •  Business versus Project Risk

  • Communicating the Business Objectives

  • The Management of Risk Model

  •  The Steps in Risk Analysis

  • Numeric versus Discrete levels when Estimating Risks

  • Evaluating Risks

  • The Steps in Risk Management

  • Action Planning

  • Embedding the Risk Process

  • Requirements for Boards of Directors.

  • Putting it into Practice

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