Risk Management Fundamentals

You will learn the foundations of risk and how risk management practices are applied, aligned to ISO 31000. You will demonstrate your knowledge gained through activities and scenarios, applying your knowledge with continual feedback from risk industry professionals.

Key risk management practices will be integrated throughout the workshop, showing how it can be applied across other varied business processes such as reporting, decision making and project management.

Our trainers provide real-world case studies, drawing on their experiences with multidisciplinary risk management to demonstrate its application and business value.

Current and emerging issues, such as royal commissions, technology disruption, cyber security, and COVID-19 will be used as practical case studies to reinforce the real-world application of risk management capabilities. 

You will gain access to industry professionals and leave the workshop with a pragmatic approach to risk management from PwC, a global brand in risk management, business continuity and consulting. 

Day 1

Risk Fundamentals 101

• Why is risk management important to organisations?
• Understanding organisational strategy, risk and opportunities (macro & micro) 
• Risk management frameworks – ISO 31000 and COSO
• Terminology

Planning and structure of risk management

• Organisational structure
• Risk Appetite
• Risk Strategy
• Emerging risks 

Stakeholder management

• Communication within the risk management framework
• Roles and Responsibilities within Risk Management
• Supporting Risk Management within the organisation

Monitoring and reporting Risk

• Monitoring tools
• Indicators of effective risk management
• Data-driven reporting

Day 2

• Risk Identification
• Assessing and evaluating risk
• Risk controls and treatment
• Case Studies and application

There are no qualifications with this course. Participants will receive a Certificate of Attendance. 

This course has the equivalent of 16 Professional Development (PD) points.

There are no prerequisites for this course.

There is no formal assessment as part of this workshop, however, you will go through several practice tasks and workshops to demonstrate the application of the risk management theory and principles. The structure of the workshop will aid in your understanding, providing the opportunity to ask questions and partake in group discussions.

The course will introduce anyone to the risk management framework and approach. It is suitable for those without, or with limited to moderate experience in risk management and are looking to ensure industry best practice is applied consistently.

Leadership and management positions in all industries would benefit from learning a robust risk management approach to improve their own organisation’s practices.
Project managers will better understand why we manage risk and how they can translate that to their projects to deliver better outcomes.

Project managers will better understand why we manage risk and how they can translate that to their projects to deliver better outcomes.

Line management and process owners will understand what risk management is, and why it’s important in their role in identifying and managing risk. 

How to enrol

PwC offers a streamlined enrolment process – either enrol directly into your course online, or call us on 1300 95 96 92 to enrol over the phone.

Discounts for multiple attendees are available – Please call us to find out what discounts can be applied.

How to pay

We offer a variety of payment methods:

• Direct debit
• Credit card
• Cheque
• Payment plans

Payment plans

We are able to arrange flexible payment plans on an individual basis. Please be aware that your certificate will be held until full payment has been received.

Delivery

Public – Face to face

Our regular public courses are conducted in capital cities and key regional centres in Australia and New Zealand. You will enjoy an excellent learning experience in a premium training venue, and;

• We never cancel courses – book with confidence
• Class sizes are kept to manageable numbers – so everybody learns
• No homework or take-home assessment! All work is completed in course time – we know you’re busy
• No major exam – we assess you as you go

Public – Virtual/Online

In response to COVID-19 and social distancing, we’ve developed an online digital classroom to deliver our courses virtually and keep the interaction and engagement between trainer and participants. Our virtual training platform incorporates:

• Group exercises – facilitated by mini break out workshops amongst the team
• Ability to ask questions in real time
• Built in note taking and tracking of course materials
• You can interact with participants throughout the session through a chat functionality
• Online assessments providing a streamlined marking process

Our aim is to recreate the classroom experience in a safe, virtual environment, maintaining the fun and engaging experience our clients find useful and valuable.

In house – Face to face or virtual

In house training can provide a cost-effective training solution for organisations with a number of staff who require training. We can also customise a course to suit your own individual needs, and include your own audit documentation. Call us on 1300 95 96 92 for a quote and to discuss your individual training needs.