• Risk management is the process of identifying, assessing, and controlling threats to an organization’s capital and earnings. It involves understanding and managing uncertainties that could result in loss or unfavorable outcomes in areas such as financial markets, legal liabilities, strategic errors, accidents, natural disasters, and digital assets protection. Modern risk management includes strategies for managing IT security threats and safeguarding proprietary and personal data. The discipline aims to balance taking risks to achieve returns with minimizing negative impacts.
Created by Dr. YASSER MEKKY
EN/AR [Auto]
Join Now| # | Content |
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| 1 | • Introduction, Meaning, and Definition of Risk Management. |
| 2 | • Risk Management Process: Establishment of context, Identification, Assessment, Treatment, Review & Evaluation. |
| 3 | • Risk Management Approaches and Methods: Avoidance, Loss Prevention, Transfer, Retention, Duplication, Diversification |
| 4 | • Risk Reporting Process: Internal and external reporting, communication, and stakeholder engagement. |
| 5 | • Risk Organization: Structure of risk management teams, integration with corporate governance, and enterprise risk management systems. |
| # | Outcomes |
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| • Define risk and risk management with clarity. | |
| • Identify and assess different types of organizational risks. | |
| • Develop risk management plans tailored to organizational needs. | |
| • Implement appropriate risk treatment techniques, including insurance, control activities, and strategic avoidance. | |
| • Communicate risk information effectively through formal reporting channels. | |
| • Understand the roles and responsibilities within risk organization frameworks. | |
| • Recognize the evolving nature of risks in the digital age and adapt risk management strategies accordingly |
| # | Participants |
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• Risk managers and professionals involved in corporate governance.
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• Business leaders and decision-makers.
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• Financial managers and investors.
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• IT security professionals.
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• Middle and line managers responsible for operational risk.
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• Employees involved in risk identification or control processes.
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• Anyone interested in gaining knowledge about risk management concepts and practices.
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