04 Jun Enterprise Risk Management Enterprise Risk Management Tuesday, June 4, 2024 (12:00 AM) to Sunday, May 31, 2026 (11:59 PM) 2 PDCs Provider: Quality Gurus Inc Course Name: Enterprise Risk Management Speaker: Sandeep Kumar Program Type: Videoconferences, webcasts, audiocasts, podcasts, eBooks, self-directed E-Learning Registration URL: https://www.qualitygurus.com/link/risk/ Email Details By the end of this course, participants will be able to: Understand Fundamental Risk Management Concepts: Define risk and distinguish it from issues. Explain risk appetite and tolerance and their significance in risk management. Describe the principles and importance of risk management. Plan for Risk Management: Develop a comprehensive risk management plan. Understand the steps involved in planning for risk management within an organization. Identify Risks: Utilize various techniques to identify potential risks. Record identified risks systematically in a risk register. Analyze Risks: Perform quantitative and qualitative risk analysis. Use the Probability and Impact Matrix to assess and prioritize risks. Differentiate between negative risks and positive opportunities. Plan and Implement Risk Responses: Develop effective risk response strategies. Implement corrective actions to address identified risks and opportunities. Monitor and Control Risks: Continuously monitor identified risks and evaluate the effectiveness of risk responses. Apply techniques to control and mitigate risks throughout the project lifecycle. Apply Risk-Based Thinking: Understand the requirements of ISO 9001:2015 related to risk-based thinking. Integrate risk-based thinking into organizational processes. Utilize Risk Management Tools: Apply various risk management tools and techniques, including Failure Mode and Effects Analysis (FMEA). Use the provided risk register template to manage and track risks effectively. Implement Risk Management in Real-World Scenarios: Apply learned risk management principles and techniques to practical, real-world situations. Develop strategies to improve organizational resilience and performance through effective risk management. Participants will leave the course with a comprehensive understanding of enterprise risk management principles and practical skills to implement risk management strategies within their organizations, ensuring proactive identification, analysis, and mitigation of risks. Details You're Registered! DescriptionLocation Welcome to the "Enterprise Risk Management" course, designed to provide a comprehensive understanding of risk management concepts in a simple and accessible language. This course covers not only the fundamental definitions and concepts related to risk management but also practical steps to implement risk management in an organization effectively. What You'll Learn: Five Steps of Managing Risk: Understand the five crucial steps of risk management: Planning for Risk Management, Identifying Risks, Analyzing Risks, Planning and Implementing Risk Responses, and Monitoring and Controlling Risks. Risk Register: Learn how to record identified risks in a risk register and analyze them using quantitative or qualitative techniques. Probability and Impact Matrix: Gain proficiency in using the Probability and Impact Matrix, a commonly used qualitative technique for risk analysis. Positive and Negative Risks: Explore approaches to address both negative risks and positive opportunities. Risk-Based Thinking: Understand the requirement of ISO 9001:2015 to apply risk-based thinking to all processes. Course Structure: This course includes video lectures, practical examples, and templates to help you implement risk management in your organization. The course is structured into three main sections: Section 1: Introduction to Risk Management Defining Risk: Learn what risk is and how it differs from issues. Risk Appetite and Tolerance: Understand the concepts of risk appetite and tolerance. Defining Risk Management: Get a clear definition of risk management and its principles. Application of Risk Management: Explore how to apply risk management in various contexts. Section 2: Five Simple Steps Plan Risk Management: Learn to develop a risk management plan. Identify Risks: Understand techniques for identifying potential risks. Analyze Risks: Use quantitative and qualitative techniques to analyze risks. Plan and Implement Risk Responses: Develop and implement effective risk response plans. Monitor and Control Risks: Learn to monitor and control risks continuously. Section 3: Conclusion Risk Register: Utilize the provided risk register template to record and track risks. Risk-Based Thinking: Apply risk-based thinking as required by ISO 9001:2015. Failure Mode and Effects Analysis (FMEA): Understand and apply FMEA in risk management. Testimonials: What are other students saying about this course? ★★★★★ "The course is really helpful. It gives a comprehensive picture of ERM and has specific examples so I can understand it easily." - Hoa Thi Tran ★★★★★ "The course was a good match for me based on the task which I am currently doing." - Suzan Shuma ★★★★★ "Overall, it’s a great concept refresh exercise to listen in and get pointers on practices that we forget or don’t execute on our projects." - Omar Mendez ★★★★★ "Very well structured presentation." - Chigozie Okonkwo ★★★★★ "Clear and succinct introduction to risk management which can be immediately applied to your workplace. The study notes are great!" - Phua Li Ern Eleanor Who This Course Is For: People new to risk management. Quality managers and individuals associated with quality management, especially those interested in ISO 9001:2015. Employees in industries such as financial, medical, technology, research, military, insurance, or any other sector subjected to risk. Enroll Now: What are you waiting for? This course comes with Udemy's 30-day money-back guarantee. If you are not satisfied with the course, get your money back. Enroll now and take the first step towards mastering enterprise risk management!