Governance, Risk & Compliance
Risk Management
This 5-day course covers the complete risk management process using ISO 31000 and COSO ERM, from identification and scoring to treatment, monitoring, and reporting. Participants gain templates that connect risk assessment to everyday management decisions.
Introduction
Risk Management Training Course gives professionals a complete method for identifying, assessing, and controlling the uncertainties that threaten objectives. Risk work fails most often when it stays inside a register and never reaches decisions. This programme keeps risk connected to strategy, operations, and reporting throughout. It follows the full risk process, from context setting and identification through treatment, monitoring, and communication. Furthermore, it applies ISO 31000 and COSO ERM in practical form. In addition, participants assess financial, operational, strategic, and compliance risks across a realistic case. As a result, they can embed risk thinking into everyday management rather than treat it as a compliance task.
Risk Management Course Objectives
- Apply the ISO 31000 principles, framework, and risk management process.
- Establish risk context, scope, and criteria for different objectives.
- Identify risks systematically using structured techniques and taxonomies.
- Analyse likelihood, impact, and risk velocity with calibrated scales.
- Evaluate risks against appetite and tolerance to set priorities.
- Select treatment options: avoid, reduce, transfer, or accept.
- Build and maintain risk registers with clear owners and deadlines.
- Apply COSO ERM components and the three-lines model.
- Monitor risks, track treatment actions, and report to governance bodies.
- Embed risk management into projects, procurement, and change activity.
Course Methodology
This course combines expert-led sessions, case analysis, and structured group work. Participants build a risk register for a realistic organisational case, run a risk workshop, and prepare a risk report for a management committee. In addition, quantitative exercises cover risk scoring and treatment prioritisation. Templates, checklists, and peer review support immediate workplace application.
Who Should Take This Course
- Risk managers, officers, and enterprise risk analysts.
- Department and operations managers with risk duties.
- Internal auditors, compliance, and control professionals.
- Project, procurement, and change managers.
- Executives and committee members overseeing risk.
Risk Management Course Outlines
Risk Management Principles and Framework
- • Defining risk, uncertainty, and opportunity.
- • ISO 31000 principles and framework explained.
- • COSO ERM components and their practical use.
- • Risk governance, roles, and the three-lines model.
- • Risk culture and tone at the top.
- • Risk appetite, tolerance, and capacity concepts.
- • Case study: how weak risk oversight causes loss.
Context, Identification, and Analysis
- • Establishing context, scope, and risk criteria.
- • Stakeholder analysis and objective mapping.
- • Identification techniques and prompt libraries.
- • Risk taxonomies: strategic, operational, financial, compliance.
- • Likelihood, impact, and velocity assessment.
- • Risk matrices, heat maps, and scoring calibration.
- • Workshop: running a risk identification session.
Evaluation, Treatment, and Registers
- • Comparing risk levels against criteria and appetite.
- • Prioritisation and risk ranking logic.
- • Treatment options: avoid, reduce, transfer, accept.
- • Control design, effectiveness, and residual risk.
- • Bow-tie analysis and root cause techniques.
- • Risk register structure, ownership, and tracking.
- • Exercise: building a full risk register.
Monitoring, Reporting, and Assurance
- • Key risk indicators and early warning signals.
- • Monitoring routines, reviews, and escalation triggers.
- • Risk reporting formats for managers and boards.
- • Aggregating and correlating risk across units.
- • Combined assurance and coordination with audit.
- • Risk in projects, procurement, and third parties.
- • Simulation: a risk committee presentation.
Embedding Risk and Maturity Improvement
- • Integrating risk into planning and decision-making.
- • Risk training, communication, and awareness.
- • Incident capture and lessons-learned routines.
- • Risk maturity models and self-assessment.
- • Regulatory and standards alignment.
- • Improving risk data quality and systems.
- • Action planning for risk maturity.
Conclusion
By successfully completing the Risk Management Training Course, participants will have acquired the knowledge to apply ISO 31000, build effective risk registers, and connect risk assessment to real management decisions. They will understand how risk appetite, treatment planning, and reporting strengthen control and protect objectives. As a result, they can raise risk maturity across their organisations. Gentex Training Center delivers this programme with practical templates participants apply directly in risk, audit, and management roles.
FAQs for the Risk Management course
— What is the "Risk Management" course about?
It covers the full process of identifying, assessing, treating, and monitoring the uncertainties that affect organisational objectives. The course applies ISO 31000 and COSO ERM in practical form, so participants can move risk work beyond the register and into everyday management decisions.
— What are the key benefits of the "Risk Management" course?
Participants gain a repeatable method for spotting threats early and controlling them before losses occur. The course improves decision quality through clear appetite and tolerance thresholds, strengthens treatment tracking and control effectiveness, and builds reporting that boards and auditors can rely on.
— What skills will I gain from the "Risk Management" course?
Participants develop risk identification and analysis, risk evaluation and treatment planning, risk register and control management, and risk monitoring and reporting. These four skills form the core capability set the course reinforces through its exercises.
— What tools, methods, or standards are covered in the "Risk Management" course?
The course covers the ISO 31000 risk management framework and process, the COSO ERM framework, the three-lines model, risk taxonomies, likelihood-impact matrices and heat maps, bow-tie analysis, root cause techniques, risk appetite and tolerance statements, risk registers, key risk indicators, combined assurance mapping, and risk maturity models.
— How is the "Risk Management" course applied in real-world practice?
Professionals apply it by running structured risk workshops, maintaining registers with named owners and treatment deadlines, and setting key risk indicators that trigger early action. They also prepare committee and board risk reports, embed risk reviews into projects and procurement, and coordinate assurance activity with internal audit.
Contact our team and let us help you find the right option.
Introduction
Risk Management Training Course gives professionals a complete method for identifying, assessing, and controlling the uncertainties that threaten objectives. Risk work fails most often when it stays inside a register and never reaches decisions. This programme keeps risk connected to strategy, operations, and reporting throughout. It follows the full risk process, from context setting and identification through treatment, monitoring, and communication. Furthermore, it applies ISO 31000 and COSO ERM in practical form. In addition, participants assess financial, operational, strategic, and compliance risks across a realistic case. As a result, they can embed risk thinking into everyday management rather than treat it as a compliance task.
Risk Management Course Objectives
- Apply the ISO 31000 principles, framework, and risk management process.
- Establish risk context, scope, and criteria for different objectives.
- Identify risks systematically using structured techniques and taxonomies.
- Analyse likelihood, impact, and risk velocity with calibrated scales.
- Evaluate risks against appetite and tolerance to set priorities.
- Select treatment options: avoid, reduce, transfer, or accept.
- Build and maintain risk registers with clear owners and deadlines.
- Apply COSO ERM components and the three-lines model.
- Monitor risks, track treatment actions, and report to governance bodies.
- Embed risk management into projects, procurement, and change activity.
Course Methodology
This course combines expert-led sessions, case analysis, and structured group work. Participants build a risk register for a realistic organisational case, run a risk workshop, and prepare a risk report for a management committee. In addition, quantitative exercises cover risk scoring and treatment prioritisation. Templates, checklists, and peer review support immediate workplace application.
Who Should Take This Course
- Risk managers, officers, and enterprise risk analysts.
- Department and operations managers with risk duties.
- Internal auditors, compliance, and control professionals.
- Project, procurement, and change managers.
- Executives and committee members overseeing risk.
Risk Management Course Outlines
Risk Management Principles and Framework
- • Defining risk, uncertainty, and opportunity.
- • ISO 31000 principles and framework explained.
- • COSO ERM components and their practical use.
- • Risk governance, roles, and the three-lines model.
- • Risk culture and tone at the top.
- • Risk appetite, tolerance, and capacity concepts.
- • Case study: how weak risk oversight causes loss.
Context, Identification, and Analysis
- • Establishing context, scope, and risk criteria.
- • Stakeholder analysis and objective mapping.
- • Identification techniques and prompt libraries.
- • Risk taxonomies: strategic, operational, financial, compliance.
- • Likelihood, impact, and velocity assessment.
- • Risk matrices, heat maps, and scoring calibration.
- • Workshop: running a risk identification session.
Evaluation, Treatment, and Registers
- • Comparing risk levels against criteria and appetite.
- • Prioritisation and risk ranking logic.
- • Treatment options: avoid, reduce, transfer, accept.
- • Control design, effectiveness, and residual risk.
- • Bow-tie analysis and root cause techniques.
- • Risk register structure, ownership, and tracking.
- • Exercise: building a full risk register.
Monitoring, Reporting, and Assurance
- • Key risk indicators and early warning signals.
- • Monitoring routines, reviews, and escalation triggers.
- • Risk reporting formats for managers and boards.
- • Aggregating and correlating risk across units.
- • Combined assurance and coordination with audit.
- • Risk in projects, procurement, and third parties.
- • Simulation: a risk committee presentation.
Embedding Risk and Maturity Improvement
- • Integrating risk into planning and decision-making.
- • Risk training, communication, and awareness.
- • Incident capture and lessons-learned routines.
- • Risk maturity models and self-assessment.
- • Regulatory and standards alignment.
- • Improving risk data quality and systems.
- • Action planning for risk maturity.
Conclusion
By successfully completing the Risk Management Training Course, participants will have acquired the knowledge to apply ISO 31000, build effective risk registers, and connect risk assessment to real management decisions. They will understand how risk appetite, treatment planning, and reporting strengthen control and protect objectives. As a result, they can raise risk maturity across their organisations. Gentex Training Center delivers this programme with practical templates participants apply directly in risk, audit, and management roles.
FAQs for the Risk Management course
— What is the "Risk Management" course about?
It covers the full process of identifying, assessing, treating, and monitoring the uncertainties that affect organisational objectives. The course applies ISO 31000 and COSO ERM in practical form, so participants can move risk work beyond the register and into everyday management decisions.
— What are the key benefits of the "Risk Management" course?
Participants gain a repeatable method for spotting threats early and controlling them before losses occur. The course improves decision quality through clear appetite and tolerance thresholds, strengthens treatment tracking and control effectiveness, and builds reporting that boards and auditors can rely on.
— What skills will I gain from the "Risk Management" course?
Participants develop risk identification and analysis, risk evaluation and treatment planning, risk register and control management, and risk monitoring and reporting. These four skills form the core capability set the course reinforces through its exercises.
— What tools, methods, or standards are covered in the "Risk Management" course?
The course covers the ISO 31000 risk management framework and process, the COSO ERM framework, the three-lines model, risk taxonomies, likelihood-impact matrices and heat maps, bow-tie analysis, root cause techniques, risk appetite and tolerance statements, risk registers, key risk indicators, combined assurance mapping, and risk maturity models.
— How is the "Risk Management" course applied in real-world practice?
Professionals apply it by running structured risk workshops, maintaining registers with named owners and treatment deadlines, and setting key risk indicators that trigger early action. They also prepare committee and board risk reports, embed risk reviews into projects and procurement, and coordinate assurance activity with internal audit.
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