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MoR Management of Risk 5 days Foundation & Practitioner

BFRS

Lantern Swinger
Risk Management

Description
(Management of Risk) is part of the Best Practice Guidance portfolio published by the Cabinet Office.
Considers risk from different perspectives within an organization: strategic, programme, project and operational. While it links to other cabinet Office Best Practice, it respects the roles, responsibilities and terminologies used outside the disciplines of programme and project management.
A risk consists of a combination of the probability of a perceived threat or opportunity occurring and the magnitude of its impact on objectives". With this definition 'threat' is used to describe an uncertain event that could have a negative impact on objectives or benefits; and 'opportunity' is used to describe an uncertain event that could have a favourable impact on objectives or benefits.

Benefits for Individuals

  • Gain the confidence and ability to influence and shape risk management across an organization.
  • Encourage openness and discuss real business issues in a realistic manner to meet business objectives, improve service delivery and achieve value for money.
  • Put an effective framework in place to make informed decisions about the risks that affect strategic, programme, project and operational objectives.
  • Understand the nature and extent of risks facing a company and reduce the incidence and impact on the business.
  • Continuously apply risk management to an organization and simplify the process of making information available when decisions need to be made
  • Benefits for Organizations
  • increase competitive advantage and become more risk aware by managing potential problems and opportunities.
  • Improve performance through waste and fraud reduction and more efficient use of resources.

For more information on this course, and details on how to enrol please follow the link….http://www.bfrss.org.uk/Courses-Vie...Foundation-and-Practitioner.aspx#.VO7YH3lybcs
 
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