Managing and Preventing Risks

Objective

The participants will learn how to manage and prevent risks. Videosmall

Time

 1.5 hours

Format & Materials

Trainer presentation/Q&A

Background information for the trainers:

Content

The trainer and participants discuss risks, and how to deal with risks.

Key Concepts:

  • Accept it
  • Transfer it
  • Reduce it
  • Eliminate it
  • Exploit it

Participants identify and discuss the main types of risks that can affect a business – including physical risks, location, human, technology and strategic risk.

Participants undertake a risk assessment and identify 10 rules to help manage risk effectively.