Course Code: rim101
Duration: 7 hours
Prerequisites:
  • No prior experience in risk or project management is required
  • Interest in understanding and managing workplace or business-related risks

Audience

  • Beginners in the field of project and risk management
  • Frontline People Leaders
  • HR Practitioner
  • Individuals with Ideas to start a business
  • Frontline Employees
Overview:

Course Objectives:

  • This will be a one-day course and after the activity the trainees/participants will be able to:
    1. Define what is a risk, its origin and impact on the business as manifested by their increase awareness on the topic.
    2. Cite different instances that will be helpful for the organization to limit and, ideally eliminate risk.
    3. Perform proper forecasting of risk and challenges in a proactive manner.
    4. Discover numerous techniques to identify, mitigate and limit risk.
    5. Collaborate with internal channels to strengthen risk management for the organization as a whole.

Training Setup: 

  • Target Headcount: 10 -20 per batch
  • Target Date of Delivery: TBD
  • Total Daily Duration: 7 hours duration + 1-hour lunch
  • Set-up: Classroom and Presentation Set-up

Methodologies:

  • Instructor Led Training
  • Role Playing
  • Risk Analysis Exercise
  • Presentation of Output and Activity Exercises

Hardware and Equipment Needed:

  • Projector
  • White Board with Writing Materials
  • Writing Paraphernalia for Participants
  • Sound System/Lapel Mic
  • Big Building Blocks/Lego
  • Chocolates and other token for activities
  • Certificate of Achievement/Completion
Course Outline:
ActivityDescriptionTime
Part 1: Preparation and Registration

Activities include:

  1. Registration
  2. Settling Down
  3. Giving out of Writing Materials
  4. Introduction of Speaker
8:00 AM to 8:30 AM
Part 2: Overview of Risk: Its origins, business impact and opportunities for transformation.A discussion on the nature of risk and its implication on business continuity and existence. This will also cover a little discussion on the impact of change in organization and its influence on risk.8:30 AM to 9:45 PM
Group Work One: Six Thinking Hats (30 Minutes Activity + 15 Minutes Synthesis)An exercise to introduce collaborative thinking necessary to ensure idea dissemination. This will be useful in seeing areas of growth, danger and neutrality.9:45 AM to 10:30 AM
Part 3: Identification of RiskIntroduction of simple quality tools and modalities that could help in the identification of risk through available data (to use MS EXCEL)10:30 AM to 12:00 PM
Lunch 12:00 PM to 1:00 PM
Part 4: Discussion on the Risk Management Process

In depth discussion of the risk management process and an introduction to different mechanism of risk mitigation and approaches. Group activities to emphasize process steps will be inculcated in the session. Group activities include:

  1. The 4Cs
  2. Doomsday Clock
  3. The Investor and the Buyer
  4. Impact Analysis and Ishikawa Diagram
1:00 PM – 4:00 PM
Part 5: Maintenance of Action and GovernanceSpecial focus on stakeholder management and gateways of action through daily governance and forecasting of risk. This will include a background of fraud identification, data privacy and protection4:00 PM to 5:00 PM
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