Risk assessment is at the forefront of ensuring risk management, internal control, and internal audit’s value to its stakeholders. Effective risk assessments help ensure any of these functions is deploying its resources in a way that fulfills its mission within the organization. Hence, risk assessments are widely used in risk management, reporting audit issues, and designing internal controls.  The course is designed with the special interests of participants from a wide variety of organizations and industries in view:

• To introduce the concept of risk assessment and its role in risk management.
• To explore the principal components of risk management.
• To outline advanced risk assessment methodologies for use in QRA’s and other scientific processes.
• To outline a practical risk assessment process and enable participants design a plan suitable for their organizations.

For Whom: These advanced practices course is designed for experienced operational managers, internal auditors and risk managers and analysts.