ENTERPRISE RISK MANAGEMENT

(Based on ISO 31000:2009)

2-days Seminar/Workshop

Module 1:

Principles of Risk Management

(Method: Lecture/Instruction-Guided Discussion)

Learning Objectives: At the conclusion of this module, participants will:

1) Understand the broad concept of risk
2) Be familiar with the principles of risk management
3) Be able to describe the elements of effective risk management
Module 2:

Understanding Enterprise Risk Management System

(Method: Lecture/Instruction-Guided Discussion/Interactive Exercise)

Learning Objectives: At the end of this module, participants will be able to:
1) Learn the basic process steps of risk management
2) Understand the nature and impact of risk
3) Comprehend and evaluate prioritized actions on risks
4) Express risk description and documentation
Workshop #1: Individual Exercise Using the Risk Evaluation Matrix Tool
Workshop #2: Writing a Detailed Risk Description (by Group)
Module 3:

ERM Framework Using ISO 31000

(Method: Lecture/Instruction-Guided Discussion/Interactive Exercise)

Learning Objectives: After tackling this module, participants will:

1) Learn and apply appropriate treatment and responses to significant risks
2) Design risk architecture, strategy, and protocols
3) Understand the requirements and implementation of ISO 31000:2009
4) Understand and adopt process overview and framework for managing risks
5) Learn and understand the respective roles of management and individuals in
managing risks within the organization
Workshop #3: Formulation of Risk Management Policy
Workshop #4: Bow-Tie Risk Treatment Tool

Module 4:

Risk Assessment Techniques

(Method: Instruction-Guided Discussion/Illustration/Interactive Exercise)

Learning Objectives: At the end of the discussion, participants can:

1) Demonstrate the learning from the different techniques used in the risk
assessment process
2) Apply the appropriate risk assessment technique needed for sample case
study
Workshop #5: Case Study: Beauty Care Manufacture
(with application of different risk assessment techniques)
Module 5:

Risk Evaluation and Planning

(Method: Lecture/Interactive Group Exercise/Round-Table Discussion)

Learning Objectives: Towards the conclusion of the course, participants will:

1) Learn how to complete risk analysis process
2) Be able to utilize specific risk assessment tools
3) Know how to evaluate assessment information
4) Be able to develop group risk management plan
Workshop #6: Risk Analysis Plan
Workshop #7: Risk Mitigation Plan
Consultative Q&A

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