Operational risk management

Summary

In this programme we provide a broad multi-disciplinary grounding in risk identification, assessment and management and the links with disaster recovery and business continuity.

Risks to companies are no longer limited to just those that are created by competitors or the odd natural disaster, but from all aspects of the internal and external working environment, including such considerations as cyberspace crime and terrorism.

Operational risk management has to take account of these new and growing areas of risk management, and this course will provide a grounding in Risk Identification, Assessment and Management and how it leads to and links with Disaster Recovery and Business Continuity.

This broad approach will give delegates basic operational risk management skills that will be applicable for engineers working across a wide swathe of activities and fields of endeavour.

This module is available to support delegates working towards the CMI Level 5 Diploma in Leadership & Management.

Who should attend?

This course is suitable for engineers engaged in any decision making activity in relation to risk, particularly departmental, middle and senior management, or those aspiring to hold these positions. 

How will I benefit?

After the course you will be able to:

• Understand the many and varied aspects of risk as applicable to a wide range of organisations
• Rank and manage risk in alignment with a specific and predetermined ‘risk appetite’
• Identify, select and use appropriate methodologies for the evaluation, and treatment of risk

Key topics

• Operational risk management 
• Incident management
• Disaster recovery
• Business continuity