Risk Management Training

Thursday, 20 April 2023 9:00 AM - 12:00 PM AEST

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Thursday, 20 April 2023 9:00 AM - 12:00 PM AEST

Australia Wide: Sydney, Brisbane and Melbourne. Adelaide, Perth, Canberra. Geelong, Parramatta. Gold Coast.

Any type of business should invest in Risk Management. This Risk Management Training Session will cover the best methods that your team can use to identify and manage potential threats to earnings or capital. This training session is applicable to any individual project or to any department or large company. The ability to use the risk management techniques can help individuals or teams become more effective in their roles.

Risk occurs when one isn't aware of what he/she's doing. Investment in risk management can help to avoid or eliminate potential threats that could affect a company's earnings. This can lead to cost-cutting and beneficial growth for one's business. This program is sure to deliver an effective approach that can be applied to all employees. Make sure your team understands Risk Management and how to become professional effective.

Risk Management Training Outcomes


This program's Risk management framework is adaptable enough to fit almost any organization. It can be applied to a single project or a department. Or it can be used as the foundation of an enterprise-wide hazard program.

You can teach your participants how to:

  • Define risk and manage it
  • Please describe the COSO ERM Block and ISO 31000
  • Set up a risk management context
  • The Framework of Risk Management Actions consists of 7 R's and 4 T's.
  • Complete a risk assessment.
  • Plan for each response and determine the best way to respond to risks
  • Define the key components of reporting, tracking, evaluation, and assessment of a risk management program


Course Overview

We start by discussing the workshop's objectives. Students will have the opportunity to discuss their learning goals and be able to set them.


Understanding Risk

This session will cover the basics of risk management and hazard management. It also covers the types of dangers and how to establish your risk management context. You can review the COSO ERM block and the ISO 31000 risk management standards to wrap up the session.


Risk Management Activities

This session will provide the foundation for the rest, the seven R's as well as the four T's in risk management.


Assessment of Risk

Next, participants will learn how to create a simple risk assessment process. Participants will also be working on a case that will be used throughout the day.


Response to Risks

Participants will be taught the four T's for responding to dangers.


Resourcing Controls

Participants will then explore control options that could be implemented to reduce risks.


Reaction Planning

Participants will be provided with a checklist to help them plan for an emergency.


Monitoring and Reporting

Participants will discuss reporting hierarchies as well as prerequisites in this session.


Reviewing and Assessing the Framework

Participants will be provided with a checklist to help them review their risk management programs at the end of the session.


Course Wrap Up

Students will be able to ask questions and create an action plan at the end of each module.


Tailored Risk Management Course

Paramount Training and Development has a variety of training modules and programs. We can also create a workbook for your team that includes different modules from different training sessions. To learn more about Risk Management Training, or to request any other training sessions, please do not hesitate to call this number at 1300 810 725.

Paramount Training & Development