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The "Enterprise Risk Management" course provides a comprehensive framework for identifying, analyzing, and managing risks within an organization. This course introduces participants to the five essential steps of risk management, which include planning for risk management, identifying risks, analyzing risks, planning and implementing risk responses, and monitoring and controlling risks. Participants will learn how to effectively use a risk register to document and analyze identified risks using simple qualitative techniques. Additionally, the course covers the use of the Probability and Impact Matrix, a widely utilized tool for qualitative risk analysis. It also covers the strategies for managing both negative risks and positive opportunities, ensuring a balanced approach to risk management. Another key aspect of the course is the integration of risk-based thinking in line with ISO 9001:2015 standards, which requires the application of this approach across all organizational processes. By the end of this simple and easy to understand course, participants will be equipped with the necessary skills to implement a risk management practices that enhance decision-making and improve organizational resilience.
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