Prospectus - Fundamentals of Risk Management

1. Course Overview

Uncertainty is part of every organisation’s reality — but unmanaged risk leads to delays, wasted resources, compliance issues, and poor decisions. This practical, high-impact course gives your team a clear, structured approach to identifying, assessing, and managing risk with confidence.

Designed for professionals at all levels, the programme cuts through theory and focuses on real tools, real examples, and real-world application. Participants walk away with a shared language of risk and the ability to take positive steps to enhance risk management within their business.

Whether you’re new to risk or looking to strengthen your existing capability, this course provides the essential foundation for building resilience and delivering successful outcomes.

2. Learning Objectives

Participants will leave the course:

Understanding core risk management principles, standards and best practice
Know how to put in place practical, workable solutions for your business
Be positioned to promote the benefits of risk management, beyond the usual perception
Be confident in writing and scoring risks and issues, setting controls and mitigating actions

3. Course Modules & Structure

Module 1: The What, Why and How of Risk and Issue Management

Understanding the benefits of risk management beyond the general perception, and how organisations should embed effective risk management.

Module 2: The general perception of risk management

A brief history of risk management, its roots and how its perception has changed from an admin task, to a key operational activity.

Module 3: The Top down and bottom-up approach to managing risk and issues

Why the tone from the top is important to drive the culture and behaviours, but without the support and link up with the rest of the business, where this can fall down.

Module 4: Case Studies – where risk management has failed

Understanding through real life examples, where risk management gone wrong, is a bad as having no risk management at all.

Module 5: Defining a Risk Vs Issue

The distinction between a risk and issue and how they are treated differently.

Module 6: The Risk Management process

The end-to-end risk management process from identifying to delivering.

Module 7: Risk Identification methods

The various methods used for identifying risks, the benefits and pitfalls of the methods.

Module 8: Writing a good risk description

How to craft the perfect risk description – which is one of the most challenging aspects for someone learning risk management

Module 9: Controls vs Actions

Understanding the difference between a control and an action, which is often misunderstood.

Module 10: Building a risk V1.0

Given an objective the group will build a risk together putting into place what has been learned so far in the session.

Module 11: Building a risk V2.0

Given a cause, the team build a risk which is relevant to the business objectives, to really bring to life what has been learned so far.

Module 12: Taxonomy setting

How to categorise a risk, and what benefits it adds.

Module 13: Scoring your risk or issue

How to set Inherent, Current and Target Gradings using our worked example from module 11.

Module 14: Appetite vs Tolerance

What the difference between appetite and tolerance is, the benefits and how they can add value.

Module 15: Risk response

How to set a defined response to the risk or issue.

Module 16: Key Risk Indicators

What a KRI is, how to set them, and what benefit they add.

Module 17: Escalating risks/issues and governance

What good risk governance and escalation processes should look like.

Module 18: Risk Management Systems

The benefits of investing in a risk management system, and whether they are really worth it.

Module 19: Embedding the learning

How to take what has been learned during the day and how to embed it within the business.

Module 20: Recap and Q&A

Recapping the key points from the day, and open Q&A.

4. Delivery Format

This training is suitable for a 1-day classroom workshop - this training works better in a face-to-face workshop format, delivered on your premises at a date and time that suits you – this will ensure your attendees get the most from the session, without distractions and with greater interactivity.

5. Who Should Attend

New risk managers, frontline operational teams, audit and assurance teams and any team with a vested interest in risk management. Even though this is a 'off-the-shelf' product, it is still customised to focus on the risks your business has, bringing the session to life for attendees.

6. Trainer Profile

Delivered by an experienced risk management expert, with over 15 years working across the private and public sector, UK and international company’s who is qualified in risk management through the Institute of Risk Management.

7. Case Studies / Practical Exercises

The session is interactive from the outset. During the course the participants will put in practice the theories discussed by building a live risk from the ground up. Case studies from various industries and sectors are also presented and discussed.

8. Course Materials Provided

Slide decks, case study examples and links to supporting risk information to assist beyond the training session.

9. Pricing & Booking Options

Charged per session not by participant, this makes this a cost effective means for your organisation. In-house delivery: From £999 per group (up to 15 participants)

10. Available Dates

Dates are arranged on request.

11. Terms & Conditions

Bookings are confirmed once written confirmation and (if required) payment or a purchase order is received.
Invoices are payable 21 days before the course date
Cancellations: 14+ days’ notice: no fee, 8–13 days: 50% fee, 0–7 days: full fee.
Delegate substitutions are allowed at no charge.
Rescheduling may be possible but may incur charges.
If cancellation or re-scheduling is required on our part clients may choose a new date or receive a full refund of fees paid.
Materials & Intellectual Property: All course materials remain our intellectual property. They are provided for participants’ personal or internal business use only and may not be reproduced or shared externally without permission
Liability: Training is provided in good faith for educational purposes. Our liability is limited to the fees paid for the course.
Data Protection: Personal data is handled in accordance with UK GDPR and used solely for training administration unless otherwise agreed.
Governing Law: These terms are governed by the laws of England and Wales.

12. Contact & Booking

For further enquiries, please use the contact me using the contact form, or using the contact information below.