Risk Management

Service Description

Risk management has is a key part of project management and it has also become an increasingly important part of organizational best practices. Corporations have realized that effective risk management can not only reduce the negative impact of crises; it can provide real benefits and cost savings. The risk management framework provided in this workshop is flexible enough for any organization. It can be applied to a single project, a department, or used as a basis for an enterprise-wide risk management program. This one-day workshop will help you teach participants how to: • Define risk and risk management • Establish a risk management context • Describe the 7 R’s and 4 T’s that form the framework of risk management activities • Design and complete a basic risk assessment • Determine the appropriate response to risks and create a plan for those responses • Describe the key components of reporting, monitoring, and evaluation of a risk management program