Risk Management Training [Mitigating Risk, Securing Success]

Gain a comprehensive understanding of risk management

In this training, participants will delve into the intricacies of risk management. As businesses navigate today's complex landscape, it's imperative to be prepared for a wide range of risks. Anticipating potential threats and proactively developing response strategies, particularly for high-impact risks, is essential. This training will provide a comprehensive overview, covering topics from risk identification to response plan development

Reskill’s Service Commitment

Full Preparatory Support

We provide comprehensive support before, during, and after the training session to ensure a seamless experience for our clients. Training materials will be delivered directly to your office in advance, at no additional cost, ensuring the smooth, efficient, and enjoyable process.

Flat Rate Pricing

Guided by the principle of "Train more. Pay less," our courses are offered at a clear and fixed price with no limit on the number of participants. This approach extends even to customized, instructor-led, in-company training programs, enabling organizations to create an optimal training environment while maintaining budget clarity.

Online Training Options

To meet the diverse needs of our clients, we offer flexible training formats at no extra charge. Whether you prefer in-class sessions, online training, or a hybrid approach (partially web-based), we are here to accommodate your preferences. Please don’t hesitate to contact us to discuss the format that best suits your requirements.

Training Code: 100092   Information updated:

Risk Management Training Goals

Participants will learn not only the fundamentals of risk management, but also specific methods for managing risks and strategies for minimizing damage after risks have arisen. By learning these aspects, they will be able to implement risk management strategies tailored to their own company's specific needs.

Who Benefits the Most

The following is a general list of target participants for the training and can be adjusted upon review. Please contact us regarding your needs.

Risk Management Personnel In Administrative Divisions such as the Corporate Planning Department and the General Affairs Department, as well as each division and department

Result of Risk Management Training

  1. Our risk management training provides a comprehensive overview of risk management principles, enabling participants to develop a structured approach to identifying, assessing, and mitigating risks.
  2. Learn to create realistic scenarios for significant risks and develop robust response plans.
  3. Evaluate your organization's current risk management practices and identify areas for enhancement.

Training Objectives

1. Develop a comprehensive understanding of risk management

Gain a holistic view of risk management, including identifying, assessing, and mitigating risks.

2. Develop effective response plans

Create scenarios to simulate potential risks and develop robust response plans.

3. Reflect on your company's efforts and identify areas for improvement and challenges.

Evaluate your organization's current risk management processes and identify areas for improvement.

Estimated Training Duration

4 hours (subject to change)

Risk Management Training Curriculum

Other training content can be incorporated into the curriculum upon request at no additional charge.

1. Risk Management Fundamentals [Goal] Grasp the overall picture of risk management
  • [Opening Activity] - What is risk?
  • What is risk? [Types of risks, Negative and positive risk factors].
  • What is risk management?
  • Importance of risk management [Building trust and results].
  • [Business case] - Loss of business continuity.
  • Comprehensive understanding of risk management.
2. Risk Identification and Prioritization [Goal] Assign priorities to identified risks within the organization
  • [Activity] - What categories would the risks be divided into?
  • Risk identification [Categorizing the risks / Identifying the risks without missing a single one / Identify the major risks].
  • [Exercise] - Identify the risks.
  • Risk prioritization.
  • [Activity] - How should you prioritize the risks.
  • Consider the likelihood and the impact [Risk map].
  • [Exercise] - Creating risk map.
3. Preventing and Mitigating Risks [Goal] Create scenarios for high-priority risks to create mitigation and prevention plans
  • Risk mitigation methods [Mitigating low-priority risks, Delegate risks].
  • Create worst-case scenario [Always consider both the best-case and worst-case scenarios that the company can handle].
  • [Exercises] - Creating a scenario for a risk.
  • Set goals [Short-term and Long-term].
  • Prevention and mitigation plans to achieve goals [4 types of prevention plans, Mitigation plans, Regular reviews].
  • [Exercises] - Developing previous scenario, creating a mitigation and/or prevention plan.
  • Implementation and evaluation [Goal achievement, Continuous improvement]
4. Create a Risk Management System [Goal] Review one’s own organization’s systems and initiatives to devise improvement strategies
  • [Exercise] - Reflect on the training and your own company.
  • [Activity 1] Your company’s risk management approach.
  • [Activity 2] Review your company’s risk management system and initiatives.
  • [Activity 3] Create an improvement plan.
  • Risk management steps anyone can do [Know the risks, Sharpen risk awareness, Conduct regular risk assessments].

Training Cost

We offer comprehensive customizable training programs for your entire team at a fixed rate, regardless of the number of participants. Whether you need in-class, online, or hybrid training, we can accommodate your specific needs without additional charges. Our pricing model ensures transparency and flexibility, allowing for last-minute adjustments without extra costs.

Risk Management Training Participant Requirements

No particular requirements

Area

We offer a variety of instructor-led training programs in Singapore, both online and in-person.

Frequently Asked Questions

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Yes. The course is designed to meet the needs of our clients and teach skills that can be put into practice right away.
Online and partially web-based courses are both available upon request.

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Related Training Information

This is the instructor-led Risk Management Training course page.
Please see below for additional training courses and related training programs.

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