An Interactive 5-Day Training Course

Fundamentals of Risk Management

Understanding Enterprise Risk Governance, Assurance & Control Frameworks

12 - 16 Oct 2026
Dubai
| $5950
12 - 16 Oct 2026
Online
| $3950

Introduction

This Fundamentals of Risk Management training course is intended to introduce the fundamentals of Risk Management being a systematic core built-in function in all types of organizations.

This training course provides you with a general overview of all main aspects of Risk Management starting from the definition of the term and going through the building blocks of the total integrated Enterprise Risk Management model (ERM) together with its related Risk Governance arrangements.

This training course will enable participants to appreciate the need and urgency to re-visit their existing Risk Management framework with an aim to improve and align with the overall organization strategic plan.

It will also allow a better understanding and clarity on the functional structures, roles and responsibilities required to be put in place to ensure an effective Risk Management Implementation enterprise wide.  

This GLOMACS Fundamentals of Risk Management training course will highlight:

Key Learning Outcomes

At the end of this Fundamentals of Risk Management training course, you will be able to:

Training Methodology

A highly interactive class, where all delegates will be encouraged to engage and participate, share and gain from each other’s knowledge and experience.

The classroom lectures will rely on a bullet based slide presentation enriched by group discussions around case studies and checklists wherever applicable.

Fundamentals of Risk Management

Who Should Attend?

This Fundamentals of Risk Management training course is of direct relevance to Public sector as well Private sector Organizations which can achieve improvements in their operations through:

  • Adopting an adequate Risk Management Framework  
  • Effective Decision Making
  • Efficient Structure of Risk Governance
  • Clarity on Roles and Responsibilities (Who is supposed to do What?)
  • Better Utilization of Available Constrained Resources
  • Building a high resilient, high reliable operation capable of maximizing the up side of risks (opportunities) and reducing its downside (threats)

Learning Journey Breakdown

  • What is Risk?
  • What is Risk Management?
  • Why we Need Risk Management?
  • Types of Risks
  • Risk Management Approaches
  • Risk Management Framework
  • Risk Architecture
  • Risk Policy and Strategy
  • Risk Management Process
  • Risk Protocols and Procedures
  • Establishing the Context
  • Risk Identification & Risk Categorization
  • Risk Assessment (Identification and Analysis) Techniques
  • Risk Formulation (The Cause and Effect Relationship of Risk)
  • Risk Analysis and Prioritization
  • Risk Ranking (The Risk Ranking Matrix)
  • Risk Evaluation, Risk Vulnerability
  • Risk Appetite, Risk Tolerance and Risk Capacity
  • Risk Profile
  • Risk Treatment and Response
  • Risk Monitoring and Reviewing
  • Risk Communication, Escalation and Reporting
  • Organizational Resilience and Business Continuity Planning
  • Risk Control Techniques
  • Using Key Risk Indicators (KRI’s)
  • Creation of a Risk Register
  • Risk Culture
  • Risk Management Challenges
  • Risk Maturity
  • Enterprise Risk Management (ERM)
  • ERM Framework
  • ERM Road Map
  • Emerging Trends in ERM
  • Risk Management Framework
  • Risk Strategy
  • Risk Appetite Statement (RAS)
  • Risk Governance
    • Risk in The Boardroom
    • Risk Assurance Functions
    • The Three Lines Of Defense Model

Ready to Take the Next Step?

Reserve your slot today and start your learning journey with us.

Register Now

Got a Question?

Reach out to us anytime — we're here to help and guide you.

Contact Us

Related Courses

Course Finder

Quickly search and discover the most relevant governance courses for your needs.