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Risk Management

  • Qualification Alignment: NC: Generic Management - 59201
  • Level: 5 - Aligned to SAQA ID: 252025
  • Course Duration: 2 Days
  • Credits: 8
  • Contact Days: Customise to client-specific needs and learner experience/level
Target Market:

Managers, Team Leaders and Team, Members who wishes to assess, monitor and manage risk.

Purpose

The qualifying learner is capable of:

  • Demonstrating an understanding of business processes and potential risks to a unit.
  • Identifying potential risks and assessing the impact thereof in a unit.
  • Developing contingency plans for managing risk. Testing and revising contingency plans

Training Content

Module 1: Understanding Risk
• The concept of risk.
• The concept “Risk Management”.
• Factors that constitute risk.
• Organisational policies and procedures.


Module 2: Risk Identification and Assessment
• Risk identification.
• Scenarios that can constitute risk.
• Risk identification template.
• Risk assessment.
• Risk strategies.
• Risk register.


Module 3: Developing Contingency Plans
• Developing contingency plans.
• Communicating contingency plans.
• Storage of contingency plans.


Module 4: Testing and Revising
• Testing contingency plans.
• Recommend improvements to contingency plans.
• Revising contingency plans.

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