Risk Management course

In the practice-oriented Risk Management course you learn to identify, analyse and control risks. You do so using the COSO, ISO 31000 and M_o_R frameworks.

9.4 from 1 review 4,6 on Google NRTO quality mark
For a team or department? Arrange your own group, at your premises or ours. In-company for your team
  • Work with COSO, ISO 31000 and M_o_R
  • Directly applicable to your own case
  • Small group and experienced trainer
  • Build your own risk register and risk matrix
  • Learnit certificate of participation
LuisRuben

Your trainer: Luis or Ruben 177 evaluations in total, averaging 8,8. View the trainers

Running a business means taking risks. The question is not whether you will encounter them, but how you spot them in time and what you do about them.

Description

A new strategic step, a major project or an investment: uncertainty plays a part in every decision. Risk management helps you make that uncertainty manageable. You learn to recognise signals early in a process that could later cause delays, cost overruns or reputational damage.

During the course you work with the internationally used frameworks COSO, ISO 31000 and M_o_R. You learn the difference between static and dynamic risks, you practise drawing up a risk matrix and you design risk indicators that suit your organisation or project.

The set-up is practical and interactive. You bring your own case material and translate theory directly into concrete actions. At the end of the third day you have a workable risk file that you can start using on Monday.

Topics

  • Risk management models: COSO, ISO 31000 and M_o_R in practice
  • The difference between static and dynamic risks
  • The trade-off between taking risks and controlling risks
  • Identifying, analysing and prioritising risks
  • Working with a risk matrix and risk register
  • Embedding risk management in the organisation
  • Designing risk indicators (KRIs)
  • From insight to concrete control measures
  • Measuring, monitoring and reporting on effectiveness
  • Risk appetite and risk culture

Result

After the course you recognise risks at an early stage and can analyse and prioritise them in a structured way. You know which framework suits your situation and you can design risk indicators that genuinely warn you before things go wrong. You have tools to embed risk management in projects and in the wider organisation, and you can hold a well-founded conversation with management, clients and stakeholders about which risks you accept and which you actively control.

Target audience

The course is intended for project managers, programme managers, entrepreneurs, financial managers, controllers, compliance officers and line managers who want a better grip on risks within their project or organisation. Policy advisers and quality managers involved in risk analyses or the implementation of a risk framework will also find models and working methods in this course that they can apply immediately.

Teaching method

The course combines short blocks of theory with plenty of practice on your own cases. You work in a small group, receive personal feedback from an experienced trainer and go home after each day with concrete next steps. Between the course days you apply what you have learnt in your own work, so that you start the next day with real experiences.

Prior knowledge

No specific prior knowledge is required. Work experience in a project or management role helps you to translate the material to your own practice.

Practical information

Number of days
3 days
Course times
from 10 am to 5 pm
Teaching hours
18 hours
Education level
Suitable for all levels
Preparation time
None
Included
Course materials and lunch on site
Certificate
At the end of the course you will receive a certificate of attendance

Language

The course is given in Dutch as standard. The trainer speaks English. English-language course materials can be used. If at least 3 participants register, the course can also be given entirely in English.

This course for your team?

Plan your own group on a date that suits you, at your office, at our premises or online. We tailor the content to your day-to-day work, and training a whole group is cheaper than individual bookings.

  • Your date and location
  • Tailored content
  • Multiple groups or an academy are also possible
  • More than 25 years' experience
Request a quote No obligation, an adviser will be in touch shortly How in-company works

The trainers for this course

Ratings from participants after completing their course, across all courses by this trainer.

What others say about this course

9.4
Risk Management course: average 9.4 from 1 review

“This course gives you enough practical tools to apply straight away in practice.”

W. Philipsen
ABB B.V.
9.4

"a good practical tool."

Participant

Training formats

Classroom

3 days€ 1950,-
  • Pleasant venue with a good trainer
  • Small groups
  • Inspiring and motivating
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Online

3 days€ 1695,-
  • Online with a trainer
  • Personal
  • Practical and interactive
Choose a date

In-company

Bespoke trainingOn request
  • 100% for your group
  • Bespoke training
  • At your place or ours
View in-company

Workshop

Up to 4 hours for groupsOn request
  • Suitable for events
  • Interactive and inspiring
  • Large groups too
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Private training

At our place or yoursOn request
  • 100% just for you
  • Achieve a lot in little time
  • Whenever you want
Request a quote

Frequently asked questions

What do you learn in the Risk Management course?

You learn to identify, analyse, prioritise and control risks systematically. You work with the COSO, ISO 31000 and M_o_R frameworks, draw up a risk matrix and risk register, design risk indicators and learn to report to management and stakeholders. The course is practical: you work on your own cases and go home with a risk file you can put to use.

Who is the Risk Management course intended for?

The course is intended for project managers, programme managers, entrepreneurs, financial managers, controllers, compliance officers, policy advisers, quality managers and line managers who want a firmer grip on risks within their project or organisation.

Do I need prior knowledge for the Risk Management course?

No specific prior knowledge is required. Work experience in a project, management or advisory role helps you translate the material to your own practice, as you work on your own cases during the course.

Which risk management models are covered?

You work with the three most widely used international frameworks: COSO ERM, ISO 31000 and M_o_R (Management of Risk). You learn what distinguishes the models, when to use which model and how to combine elements of them into an approach that suits your organisation.

Do I receive a certificate after the course?

Yes. After actively taking part in all three course days, you receive a Learnit certificate of attendance.

Can the Risk Management course be delivered in-company?

Yes. The course is also available in-company, at your organisation's premises or online. We tailor the content, examples and exercises to the risks, projects and maturity level of your own risk management. Contact us for a bespoke quotation.

What is the difference between risk management and crisis management?

Risk management focuses on identifying, analysing and controlling risks in advance, with the aim of preventing unwanted events or limiting their impact. Crisis management is about acting during and immediately after an incident that has already occurred. Sound risk management reduces the likelihood that you will have to manage a crisis and ensures that, if things do go wrong, you are better prepared.

What is a risk matrix and how do you use it?

A risk matrix is a table in which you plot risks on two axes: the likelihood of the risk occurring and the impact if it does. By scoring risks on both axes you get a visual overview of which risks deserve the most attention. The matrix helps you prioritise: high likelihood and high impact first, low likelihood and low impact accepted or monitored. During the course you draw up a risk matrix yourself for your own project or organisation.

What are static and dynamic risks?

Static risks are risks that are relatively stable over time and often insurable, such as fire, theft or damage caused by natural events. Dynamic risks change constantly and are linked to the market, technology, people's behaviour and strategic choices, such as competition, innovation or changing customer behaviour. Dynamic risks also offer opportunities and call for active management rather than insurance alone.

What are key risk indicators (KRIs)?

Key Risk Indicators are measurable signals that indicate whether a risk is becoming more likely or increasing in impact. Think of absenteeism as an indicator of the risk of staff dropout, or invoice processing times as an indicator of liquidity risk. Good KRIs are early, measurable and linked to a standard. In the course you learn to design KRIs for your own organisation and link them to control measures.

What is risk appetite?

Risk appetite is the level of risk an organisation is consciously prepared to accept in pursuing its objectives. An innovative technology company generally has a higher risk appetite than a pension fund. You translate risk appetite into concrete limits per risk category, so that staff know which risks they may take independently and when they need to escalate. Making risk appetite explicit is an important step towards mature risk management.

What does the Risk Management course cost?

You can find the current price at the top right of this course page, along with the schedule, location and delivery format. For in-company or bespoke courses we are happy to provide a quotation on request.