What is Fundamentals of Risk Management

Course Overview

This two day course covers the fundamentals of enterprise risk management in a fast-paced, interactive environment. You will learn about the theory and practice of risk management in-line with the ISO 31000 framework, using case studies and current affairs to bring material to life. On completion of this course expect to have a solid understanding of how effective risk management can benefit your organisation.

Approved FoRM Provider

Course Overview

Course Overview

DAY ONE introduces you to the concept of risk, its impact on your organisation and how risk management can help you understand, communicate and deal with risk. You will start to look at the risk management process. We will equip you with the confidence and knowledge to link risk management with disciplines such as business continuity, governance, compliance and internal audit.

DAY TWO takes you through the rest of the risk mangement process. Practical examples will be used to demonstrate how to embed risk management in your organisation's plans and activities. You will cover risk management frameworks, delegation of responsibilities and the creation of a risk-aware culture and learn how to implement a risk managament structure in your own organisation

Course Content

Day 1

Introduction to risk management

  • What is risk and risk management?
  • Why manage risk?
  • Attributes of effective risk managment
  • Key risk management disiplines

The risk management process

  • Communication and consultation
  • Establishing the context
  • Risk assessment
  • Risk identification and analysis tools

Day 2

The risk management process continued

  • Risk profiling - consequence
  • Probability matrix - risk registers
  • Risk appetite and tolerance
  • Risk treatment
  • Risk transfer
  • Business continuity managment
  • Monitoring and review

The risk management framework and embedding a risk culture

  • Risk management framework
  • Embedding risk management
  • Risk policy
  • Being a successful risk manager
  • Benefits of risk management

Who Should Take This Course


  • Anyone new to risk or wishing to enter the risk profession.
  • Executives and Heads of Departments to understand risk management and the role it should play within their organisations.
  • Risk management practitioners of all levels requiring a refresher on recent developments in risk management.
  • Students studying IRM qualifications.

FoRM Training Schedule


South East Asia

Approved FoRM Provider

Bangkok, Thailand


Bangkok, Thailand
March 27-28, 9am-4pm
Wed & Thu
Venue: Novotel Bangkok

Novotel Bangkok



June 25-26, 9am-4pm
Tue & Wed

Manila, Philippines


Manila, Philippines
August 27-28, 9am-4pm
Tue & Wed
Venue: TBA

Jakarta, Indonesia


Jakarta, Indonesia
October 22-23, 9am-4pm
Tue & Wed
Venue: Le Meridien, Jakarta

Le Meridien Jakarta

Penang, Malaysia


Penang, Malaysia
November 6-7, 9am-4pm
Wed & Thu
Venue: Berjaya Penang Hotel

Berjaya Hotel & Resorts

Kuala Lumpur, Malaysia


Kuala Lumpur, Malaysia
November 20-21, 9am-4pm
Tue & Wed

Telegraphic Transfer available

Telegraphic Transfer Click here for instructions