Risk Management

Course Objectives

Our Risk Management programme ensures your leaders think about risk strategically, while your teams execute risk management effectively at the operational level — bridging the common gap between strategy and execution.

By the end of the programme, participants will be able to:

• Apply risk management using a structured, human-centered approach

• Identify and analyse risks in real-world contexts

• Strategic vs Tactical/Operational Risk Management

• Develop practical and actionable mitigation strategies

• Integrate risk thinking into business and project decisions

Risk Management Training

Who should Attend:

This programme is suitable for managers, team leaders, project managers, risk and compliance professionals, and executives involved in decision-making, as well as anyone responsible for identifying, assessing, or managing risks within projects or business operations.

What will the Participants learn:

Participants will gain a structured understanding of risk management principles and learn how to identify, analyse, and prioritise risks across strategic and operational contexts. They will develop practical skills to create risk registers, apply mitigation strategies, and monitor risks effectively, enabling better decision-making and improved project and business outcomes.

What will the Participants achieve at the end of the training:

By the end of the programme, participants will be able to apply a structured risk management approach to real-world scenarios, confidently identify and prioritise risks, develop practical mitigation plans, and implement effective monitoring and reporting practices to support better decision-making and enhance organisational and project performance.

Course Duration:

2 Day (9.00am to 6.00pm)

Class size: 

10 person

Course material:

• Course Workbook

Course Outline (subjected to changes by the trainer):

Day 1: Understanding & Framing Risks

Stage 1: Empathize (Understanding Context & Stakeholders)

Focus:

Understand the organisation, stakeholders, and real risk environment

Topics:

• What is risk? (Threats vs Opportunities)

• Overview of Enterprise Risk Management

• Stakeholders and their risk concerns

• Business vs Project Risks

👉 Outcome: Participants understand real concerns and context

Stage 2: Define (Framing the Risk Problem)

Focus:

Clearly define risk problems before solving them

Topics:

• Risk categories (operational, financial, compliance, project)

• Writing effective risk statements

• Establishing risk context (aligned with ISO 31000)

👉 Outcome: Clear, well-defined risk statements

Stage 3 (Part 1): Ideate – Risk Identification

Focus:

Generate a wide range of potential risks

Topics:

• Risk identification techniques:

o Brainstorming

o SWOT

o Risk Breakdown Structure

👉 Outcome: Comprehensive risk identification

Day 2: Solving & Applying Risks

Stage 3 (Part 2): Ideate – Risk Analysis & Solutions

Focus:

Analyse and prioritise risks, and generate solutions

Topics:

• Risk analysis (qualitative approach) 

• Probability vs Impact 

• Risk prioritisation (Heat Map) 

• Risk treatment strategies: 

o Avoid / Mitigate / Transfer / Accept 

👉 Outcome: Prioritised risks with possible solutions

Stage 4: Prototype (Developing Practical Solutions)

Focus:

Turn ideas into actionable tools

Topics:

Strategic Level

• • Risk governance framework 

  • Policies and reporting structures 

  • Key Risk Indicators (KRIs) 

Tactical Level

• Risk register development 

• Assigning risk owners 

• Action plans

👉 Outcome: Tangible tools ready for use

Stage 5: Test (Validate & Improve Solutions)

Focus:

Test solutions through real-world application

Topics:

• • Risk monitoring & reporting 

  • Risk communication 

  • Continuous improvement 

👉 Outcome: Refined and validated risk management approach

Training Methodology

• Design Thinking workshops 

• Group collaboration 

• Case-based learning 

• Hands-on exercises 

• Reflection & feedback loops

Learning Outcomes

By the end of the training, participants will be able to:

• Explain key concepts, principles, and frameworks of risk management

• Differentiate between strategic (enterprise-level) and tactical (project/operational) risks.

• Identify and categorise risks using structured techniques

• Analyse and evaluate risks using probability–impact assessment and risk prioritisation methods.

• Develop appropriate risk treatment strategies (avoid, mitigate, transfer, accept) aligned to organisational objectives.

• Construct a risk register with clearly defined risk statements, owners, and mitigation actions.

• Apply risk monitoring and reporting practices, including the use of Key Risk Indicators (KRIs).

• Demonstrate the ability to manage risks through a case study by integrating identification, analysis, mitigation, and monitoring.