Fundamentals of Risk Management
Course Overview
Effective risk management is essential for organizations seeking to achieve their objectives while navigating uncertainty. From operational disruptions and regulatory requirements to financial and strategic challenges, organizations need a structured approach to identifying and managing risk before it impacts performance.
The Fundamentals of Risk Management (FoRM), developed by the Institute of Risk Management (IRM), provides participants with a practical introduction to internationally recognized risk management principles and the ISO 31000 framework. The programme combines theory with practical tools that can be applied immediately to strengthen decision-making, improve governance, and build organizational resilience.
Whether you are beginning your risk management journey or looking to strengthen your existing knowledge, this course provides the confidence and skills needed to contribute effectively to risk management initiatives across any sector.
Who Should Attend
Operational and support managers, supervisors, project managers, compliance officers, internal auditors, finance professionals, team leaders, professionals new to risk management, and anyone seeking a strong foundation in enterprise risk management.
Learning Outcomes
- Understand the core principles and terminology of risk management.
- Apply the ISO 31000 risk management framework in organizational settings.
- Identify, assess, evaluate, and prioritize organizational risks.
- Use practical risk management tools to support informed decision-making.
- Contribute to building a proactive risk culture and organizational resilience.
- Recognize the role of effective risk management in achieving strategic objectives.