This 2-day course offers a comprehensive examination of all aspects of planning and implementing a risk assessment program in any organization, small or large, public or private, and in any industry or setting. Through engaging lecture, eye-opening case studies, and a site visit to see the principles in action, this program covers the essentials topics listed below. A Risk, Threat & Vulnerability Assessment tool will be introduced for applying the principles taught.
Risk Management Process
Before starting the design and implementation of the risk assessment program, it is important to understand the objectives of the risk management program and to evaluate and understand both the extent and efficacy of the current risk control measures and system, if one is in place. Learn how to do this efficiently.
Risk Assessment—Analyzing the Risk
What is the scope of the risk assessment program? Is it meeting the organization’s risk assessment objectives? Does it consider the context of the organization, its needs, and requirements? The scope should define the processes, functions, activities, physical boundaries (facilities and locations), and stakeholders to include within the boundaries of the risk assessment program. Learn how to match the scope with the resources available.
Risk Assessment—Treatment of the Risks/Mitigation
Risk rating scales are defined in relation to organizations’ objectives in scope. Risks are typically measured in terms of impact and likelihood of occurrence. Impact scales of risk should mirror the units of measure used for organizational objectives, which may reflect different types of impact such as financial, personnel, and/or reputation.
Organizational Resilience and Risk
Building a resilient organization is a cross-disciplinary and cross-functional endeavor. An organizational resilience approach to managing risks encourages critical infrastructure businesses to develop a more natural capability to deal with unexpected disruptions to business-as-usual activity. Discover the most effective ways to approach resilience that allow organizations to adapt to changes in their operating environment over time.
Risk Assessment—Test, Measure, Review, Document Control and Assurance
Understand the various tools and techniques that can be utilized to determine risk assessment. Identify how the organization can now bring its individual residual risk ratings together into a portfolio view to identify interdependencies and interconnections. Management can then determine any actions necessary to revise its risk responses or address design or effectiveness of controls.
NEW! Case Studies
Each section will include practical case studies that will demonstrate the concepts learned.
NEW! Interactive Exercise
A Risk, Threat & Vulnerability Assessment tool will be used by the class for practically applying the principles taught.
See how an organization has applied the principles set forth through a site visit (site to be determined).
Registrants should be aware that this course includes a visit to a third party site and that the host organization may require the use of non-disclosure agreements. Subject to the requirements of the host organization, the agreements offered to nationals and non-nationals of the host country may differ.