Business Risk

Workshop

Audience
Businesses who wish to comply with, and be properly informed about the Turnbull guidance on business risk.
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Course Duration
1 – 2 Days
Prerequisites
None, other than knowledge about their organisation

Objectives

  • To understand the guidance on Business risk as outlined by Turnbull
  • To determine the best approach to implementing the approach within your organisation
  • To be able to apply a variety of techniques to determine and quantify potential risks
  • To be able to develop alternative solutions and use a variety of techniques to determine which one(s) to implement
  • To understand the importance of, and how to embed the risk process within its operations the planning and implementing identified actions

Topics Covered

  • What is Risk?
  • Business versus Project Risk
  • Communicating the Business Objectives
  • The Management of Risk Model
  • The Steps in Risk Analysis
  • Numeric versus Discrete levels when Estimating Risks
  • Evaluating Risks
  • The Steps in Risk Management
  • Action Planning
  • Embedding the Risk Process
  • Requirements for Boards of Directors
  • Putting it into Practice

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