Maximize your opportunities and reduce your threats. Understand the conceptual framework, Context, Principles, Tenets of ISO 31000. Risk Governance. This comprehensive understanding of risk management is crucial in any organization, where operational risks can have devastating consequences on people, the environment, and the bottom line. NIPM operational risk management training program is designed to equip professionals with the knowledge and skills necessary to identify, assess, and mitigate operational risks.
Effective operational risk management is crucial in any organization, where operational risks can have devastating consequences on people, the environment, and the bottom line.
Operational risk management training programs are designed to equip professionals with the knowledge and skills necessary to identify, assess, and mitigate operational risks.
Key Components of Operational Risk Management Training:
-Risk Identification: Identifying potential operational risks and threats
– Risk Analysis: Assessing the likelihood and impact of identified operational risks
– Risk Response: Developing strategies to mitigate or manage operational risks
– Risk Monitoring: Continuously monitoring and reviewing operational risk management plans
– Risk Communication: Effectively communicating operational risk-related information to stakeholders
– Risk Review and Update: Regularly reviewing and updating operational risk management plans to ensure they remain effective and relevant
BENEFITS OF OPERATIONAL RISK MANAGEMENT TRAINING:
– Improved Operational Risk Management: Enhance ability to identify, assess, and mitigate operational risks
-Reduced Incidents: Minimize the occurrence of incidents and accidents
– Increased Efficiency: Optimize operations and reduce downtime
– Enhanced Compliance: Ensure compliance with regulatory requirements and industry standards
– Better Decision-Making: Make informed decisions based on operational risk assessments and analyses
– Competitive Advantage: Gain a competitive advantage by demonstrating a proactive approach to operational risk management
WHO SHOULD ATTEND?
– Risk Managers: Professionals responsible for managing operational risks
– Operations Managers: Managers overseeing organizational operations
– Maintenance Managers: Managers responsible for maintaining equipment and facilities
– HSE Professionals: Professionals responsible for health, safety, and environmental management
– Project Managers: Managers overseeing organizational projects
– Others: Managers, Officers, Supervisors, and Team Leaders
Training Formats:
– Classroom Training: Instructor-led training in a classroom setting
– Online Training: Self-paced online training
– On-Site Training: Customized training at your location
COURSE CONTENTS:
- Module 1: Introduction to Operational Risk Management
– Overview of operational risk management
– Importance of operational risk management in any organization
- Module 2: Operational Risk Management Process
– Understanding the operational risk management process
– Identifying and assessing operational risks
– Developing and implementing operational risk mitigation strategies
- Module 3: Classification of Operational Risk
– Understanding different types of operational risks (financial, operational, strategic, etc.)
– Identifying and assessing operational risks specific to the organization
– Overview of Enterprise Risk Management (ERM), Project Risk Management, Supply Chain Risk Management, Compliance Risk Management, and other specialized risk management areas
- Module 4: Operational Risk Identification and Assessment
– Identifying potential operational risks and threats
– Assessing the likelihood and impact of identified operational risks
- Module 5: Operational Risk Response and Mitigation
– Developing strategies to mitigate or manage operational risks
– Implementing operational risk response plans
- Module 6: Operational Risk Monitoring and Review
– Continuously monitoring and reviewing operational risk management plans
– Updating operational risk management plans
- Module 7: Operational Risk Communication and Stakeholder Engagement
– Effectively communicating operational risk-related information to stakeholders
– Engaging stakeholders in operational risk management processes
- Module 8: Case Studies and Group Exercises
– Applying operational risk management concepts to real-world scenarios
– Developing problem-solving and critical thinking skills
REGISTER NOW!
Register now for our operational risk management training program and take a decisive step towards ensuring a safer, efficient, and more profitable organization.
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Tel./WhatsApp Message: 08023140750, 08069006671