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