Risk Management Techniques

Risk Assessment is that structured part of Risk Management that identifies and analyzes the risk in terms of consequences and probabilities. It covers the logical and systematic methods in the identification, analysis , monitoring and review including communication of such risks.

Best practice risk assessment techniques have been used at different industries to capture the different sensitivities of the risk assessment process. The course intends to cover the various risk management objectives from risk identification to consequence analysis up to probability and impact assessments.

How will I benefit?

Participants will be able to:

  • Develop and enhance their mindset for the analysis of risks
  • Select the most applicable risk assessment techniques relative to the availability of resources, complexities and extent of uncertainties
  • Communicate operational risks and risk treatment plans in the most practical and objective manner