Six months' post-course support to help you embed your learning
Why Learn About Risk Management?
Risk management is an absolutely essential aspect of running any business or organisation. Therefore every organisation needs to understand the principles of risk management. Keeping on top of business risk is crucial for all organisations, particularly when economic times are uncertain.
Understanding risks is key to addressing future uncertainty, seizing opportunities, and allocating resources.
Effective risk management is therefore a key driver of organisational success. It involves identifying, assessing, and controlling potential risks that could impact the achievement of objectives. To effectively manage risks, it’s crucial to understand:
what a risk is
the components of risks
approaches to managing risks
if your approach is working
Why This Course?
This Risk Management course will give you the skills you need to embed effective risks management in your organisation, turning it from a dry “must do” into an indispensable tool underpinning future success.
Your trainer is a qualified risk management practitioner with years’ of experience developing and implementing practical risk management systems. He will share his experience to help you speedily gain the benefits you need. The training focusses on the practical application of risk management, going beyond a simply understanding of what risk and risk management are.
Throughout the learning there are quizzes, case studies and Q&A sessions where people are encouraged to test what they are being taught against their own experience and systems. Unlike any other provider we also offer six-month’s post course support, completely free, to help ensure peoples new skills are successfully applied in the real world.
Course Structure
Module 1: Introduction to Risk
What is a risk? What is risk management? Why is it important for organisations to take risks?
Module 2: Identifying Risks
In this module we explore how to identify internal and external risks, and risks arising from adverse events
Module 3: Describing and Categorising Risks
We explain the best way to set out the risks you have identified and the context in which your risks are set
Module 4: Evaluating Risks
Next we set out how to define the likelihood of a risk occurring and the consequences if it did, and use that to score your risks. Once risks are scored we will create a risk heat-map to visualise your organisation’s risk profile.
Module 5: Managing and Mitigating Risks
Module 5 teaches you the different ways you can manage your risks. As part of this we will explore your appetite and tolerance for risks in different contexts to help you choose the right approach for specific risks you have identified
Module 6: Risk Maturity and Risk Assurance
The next module moves us on to the next step in the risk management process, by discussing ways to assure your risk management systems and approaches to managing specific risks is effective. It also explores systems and processes to ensure your risk management systems are as robust and sustainable as possible
Module 7: Opportunities and Issues
The final part of your learning explores important concepts linked to risk management, such as opportunities (‘positive’ risks) and issues (when risks happen)
Module 8: Action Planning
The final stage is implementation. This module explores what you will do to apply your learning once the course ends with a focus on best practice and key performance indicators for successful delivery.
Resources:
The resources included with this course are:
a template risk register
a template heat map
a risk maturity matrix
tools to help you identify and describe risks
You also get six months’ post-course support to ensure your learning can be applied once the training is over.
Watch a Summary of the Course Content:
Download the Course Brochure Here:
About the Trainer
Michael is a qualified risk management practitioner and experienced governance professional who has worked up to and including Board level. He is our lead consultant for risk management and has supported organisations ensure and assure the effective management of risk. He has supported the public, private and charity sectors with a particular focus in the field of health and social care, procurement, financial services and IT. This breadth of experience make him the ideal lead for this course.
Ways to Learn
This course is available in four settings:
classroom based open courses at one of our venues in London, Birmingham and Manchester. Suitable for people who prefer face to face learning and group interaction
trainer led virtual classrooms, for people who prefer instructor led training but want to attend from their own home or office
self-paced online learning, for people who want to learn remotely and at their own pace
in-house, suitable for more targeted learning or larger groups
When booking with us you can have a full refund, change your course date or venue, or nominate a substitute attendee up to 24 hours before your course.
Simply click “add to basket” on your preferred choice and you will move automatically to the next step in the process, where you can add more attendees if you wish. Once complete, confirmation of your place and joining instructions will follow automatically.
All prices are inclusive of VAT
Interested in In-House Training?
For larger groups it can be more cost effective and logistically easier to have us come to you. In house training can take place where you want and when you want – and by focussing on your organisation the learning can be more targeted too. Click the button below to find out if in-house training might work for you.
Anyone who needs to understand how to identify and manage risk. This applies to people working in businesses large and small, and across the public, private and charity sectors. The kind of people who take this course include managers, procurement leads, health and social care professionals, non-executive directors and small business owners.
Do I need a certain level of knowledge to take the course?
Simply being aware of the need to manage risk is enough. The course will process at your own pace and however you learn you can ask questions throughout to make sure you get the learning and skills you need. The six months’ post course support is there to help you apply your learning to your specific situation.
Won't we just end up with a big bureaucracy?
The aim of this course is to give you the skills you need to manage – and demonstrate management – of risk as part of your business as usual activity. We aim to make life easier, not fill your day with extra processes and hurdles to clear. You will have some things to do post-course, but you will also very likely realise that there are things you can stop doing, or do in a simpler way.
What does the post-course support involve?
Sometimes it isn’t easy to apply learning to the real world. To help ensure you can if you realise you do not understand something or have difficulty applying it your trainer will be available to coach you on how to get past any obstacles. They can help you if any challenges come up with real life scenarios, such as risk appetite or risk context, and you are unsure what to do in that situation. Get in touch any time, as often as you need to, within six months of your course date and we will help you.
Is further support available?
Yes. Sometimes course attendees ask us to review their systems, audit compliance, or even act as a source of ongoing governance support. If we can help via our consultancy services we would be delighted to discuss that with you.
What if we change our minds?
We understand circumstances and needs can change. With WuDo Solutions you can have a full refund, switch to an alternative date, or send an alternative participant up to the day before the course. Just get in touch to let us know.
Where are your venues?
Our open courses are held in central London, Birmingham or Manchester. The exact venue will depend on venue availability and the size of the cohort in attending.
What's the difference between the in person and virtual classrooms?
Both have the same content and the same trainer. The virtual classroom is wholly online so you can take part from anywhere and because it is virtual some of the exercises are slightly different. But the learning and the outcome are the same however you take the course.
Do I get certification?
On completion of the course you do get a certificate and CPD hours or points are available
