Risk management

Risk Management Training Program

The “Risk Management” training program has been specifically designed for managerial staff, based on combining both (theoretical and practical) elements. This means helping trainees grasp the theoretical concepts of the subject while supporting them with practical applications. The program is reinforced with practical applications, case studies, and exercises that enable trainees to translate theoretical concepts and ideas into practical behaviors and working methodologies. This empowers them to explore the requirements of an integrated quality system and work on its continuous improvement, ultimately achieving the highest levels of professional development and career excellence.

1. General Program Objectives:

The training program aims to qualify participants in how to define, analyze, address, and monitor risks through exercises on calculating the probability of risks occurring and their potential consequences if they materialize. It also covers the impact of these risks on the company or project. Additionally, participants will train on methods for managing both negative and positive risks, as well as creating and continuously updating a risk register.

2. Program Modules:

• Identifying the three forms of risks and understanding each concept.

• Learning how to develop a risk response plan.

• Analyzing job-related risks.

• Risk classification.

• Understanding the steps of the risk management process.

• Differentiating between the three common methods of risk identification.

• Developing the ability to handle and confront risks.

• Understanding risk management activities.

• Learning how to formulate a risk response plan.