Trident ConsultingTrident offers training, consulting and recruiting services to business professionals.

Duration: 2 Days                                               Contact hours: 16 hours
Course level: Beginner to Intermediate                Price: $1050

Eliminate unwanted surprises and stop fighting fires.

Risk management is about identifying potential risks and opportunities, estimating their potential impacts, and planning on how to manage them. Many professionals feel at the mercy of unwanted surprises and constant firefighting. Although uncertainty exists in all business endeavors. However, with proper risk management, risks and opportunities can be identified, evaluated, planned for and controlled.

Prerequisites:
None.

What you will gain from this course:
•Understanding of the basics of risk identification, assessment and planning.
•Ability to adapt basic risk management processes on the project, departmental and enterprise levels.
•Knowledge of the process of leading risk assessment and planning sessions.
•Understanding of how to apply risk management processes to decision making.

Who should attend this course:
•Professionals who are involved in assessing and planning for risks, such as supply chain or procurement professionals, project managers, project team members, or general managers.

Course agenda:
Fundamentals
•Definition of risk
•Risk management process
•Characterization of risk
•Common causes of project or strategy failure

Planning for risk
•Risk contexts: projects, organizations, enterprise, strategy
•Risk management planning process
•Conducting the risk review

Identifying and assessing risk
•Risk identification process
•Common sources of risk
•Quantitative and qualitative risk assessment

Responding to risk
•Risk response planning process
•Mitigating risk
•Contingency planning

Monitoring and controlling risk
•Risk monitoring process
•The risk plan
•Creating, maintaining and employing the risk register