Risk Management Techniques and Tools

Overview

Identify and eliminate risk
Understand how risk affects all areas of business-from hiring and onboarding to customer fulfillment and customer support, and everything in between. Gain the knowledge to make informed decisions about risk assessment. Understand the importance of fully integrating risk assessment techniques into other elements of enterprise risk management.

Tools and techniques
With the assistance of 17 tools and techniques, learn how to assess and manage risks in your organization. Compare SWOT analysis and PESTLE analysis in analyzing risks. Understand how enterprise risk management (ERM) can help protect and enhance stakeholder value. Learn how ERM can be used by businesses of all sizes.

Prerequisites

Familiarity with enterprise risk managment concepts and best practices

Objectives

• Distinguish between the ISO, COSO, and generic risk management models
• Recall the benefits of enterprise risk management
• Recognize the challenges implementing enterprise risk management.
• Identify tools and techniques to identify and eliminate risk throughout the organization.
• Determine how processes and procedures can be enhanced by using a value stream perspective for enterprise risk management.

Highlights

Enterprise risk management ISO 31000:2018 principles COSO ERM framework Tools and techniques in risk awareness and management Value stream perspective for enterprise risk management