MoR Management of Risk 5 days Foundation & Practitioner

BFRS

Lantern Swinger
#1
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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