FI22
Course Contents
Module 1 - Understanding Risk Management – Context and Application
Key Topics
- Creating a Robust Strategy – The foundation of your business
- Understanding the Difference between Strategic and Operational Risk
- Risk and Uncertainty: The Difference Between the Two Terms
- Risk Aversion and Risk Tolerance – Project Selection and Prioritisation
- Using Quantitative and Qualitative Techniques in Assessing Risk
- The Concept of the Risk Management Cycle and How This Works
Module 2 - Identifying and Evaluating Risk
Key Topics
- The Principal Drivers of Risk in Contemporary Business
- Assessing the Most Significant Categories of Risk for Business
- Global Processes, Guidelines, and Standards in Risk Assessment
- The Relevance of ISO and the Professional Institutions
- Application of the Main Tools and Techniques in Managing Risk and Uncertainty
- Optimizing a Risk Management Process
Module 3 - Understanding and Managing Specific Types of Risk (I)
Key Topics
- Strategic Risk – Deciding on the programme/project mix
- Incorporating Risk Analysis into Business Development Decisions
- Contingency Planning and Understanding Risk Exposure
- Operational Risk – Coping with variance and divergence from plan
- Managing Complexity in Contemporary Business Structures
- Managing Risk Associated with Alliances and Joint Ventures
Module 4 - Understanding and Managing Specific Types of Risk (II)
Key Topics
- Financial Risk – Capital market dynamics, exchange rate exposure
- Risks Associated with Different Forms of Corporate Capital Structure
- Risks Associated with Management of Cash Flow / Credit
- Legal Risk – The Requirements of Corporate Governance
- Risks Associated with Intellectual Property Law
- Product Liability / Litigation / Reputational Risk
Module 5 - Embedding Risk Management into the Corporate Culture
Key Topics
- Latest Developments in the Field of Risk Management
- A Structured Approach to Implementing Risk Management
- Designing / Developing a Risk Management Process for Your Own Organization.
- Implementing and Embedding a Risk Management Culture in Your Organization.
