Fundamentals of Risk Management (FoRM)

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About the course

This two day course covers the fundamentals of enterprise risk management in a fast-paced, interactive environment. You will learn about the theory and practice of risk management in-line with the ISO 31000 framework, using case studies and current affairs to bring material to life. On completion of this course expect to have a solid understanding of how effective risk management can benefit your organisation. Who should take this course? • Executives and Heads of Departments to understand risk management and the role it should play within their organisations. • Risk Management practitioners of all levels requiring a refresher on recent developments in risk management. • Students studying IRM qualifications. • Anyone new to risk or wishing to enter the risk profession. What you will learn: • Organisational performance: How risk management can assist organisations to achieve their objectives and optimise decision making. • Governance and sustainability: The benefits of risk management and its relationship with governance, assurance, and sustainability. • Internal and external risk exposure: The types of risk faced by an organisation and the concepts of positive and negative risk. • ISO 31000: Risk management principles, framework and processes. • Culture: The importance of culture, communication, and behaviour in an effective risk management structure. • Maturity: How to assess your organisation’s risk maturity and identify where improvements can be made. • Workshops: Facilitation techniques to make your risk workshops interactive, efficient, and effective.

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