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Course Overview

In an increasingly complex environment, organizations face diverse risks that can impact performance, compliance, and sustainability. This Business Risk Assessment and Management Frameworks Training Course provides participants with international best practices, structured approaches, and hands-on techniques to strengthen risk management.

The program explores methods for identifying risks, applying assessment models, and implementing mitigation strategies. It emphasizes practical application of frameworks such as COSO, ISO 31000, and ERM to support organizational resilience and governance.

By the end of this course, participants will have the ability to design and apply effective risk assessment and management processes that align with business objectives.

Course Benefits

• Gain expertise in risk assessment tools and models.

• Apply international risk management frameworks.

• Improve organizational decision-making and resilience.

• Strengthen compliance and governance practices.

• Build effective risk mitigation and monitoring strategies.

Course Objectives

• Understand the fundamentals of business risk and its categories.

• Apply structured frameworks (COSO, ISO 31000, ERM) to manage risks.

• Conduct qualitative and quantitative risk assessments.

• Identify, evaluate, and prioritize organizational risks.

• Develop and implement mitigation strategies.

• Integrate risk management into business decision-making.

• Strengthen resilience through continuous monitoring.

Training Methodology

The course blends expert-led lectures, case studies, group exercises, and simulations. Participants will apply tools and frameworks to real-world organizational scenarios.

Target Audience

• Risk and compliance managers.

• Internal auditors and governance officers.

• Executives and senior leaders.

• Professionals involved in business continuity and strategy.

Target Competencies

• Risk identification and assessment.

• Application of international frameworks.

• Governance and compliance assurance.

• Risk mitigation and resilience strategies.

Course Outline

Unit 1: Foundations of Business Risk

• Defining business risk and its categories.

• Strategic, operational, financial, and compliance risks.

• Global perspectives on risk trends.

• The role of risk management in governance.

Unit 2: Risk Assessment Tools and Techniques

• Qualitative vs. quantitative assessment methods.

• Risk matrices, heat maps, and scoring models.

• Identifying likelihood and impact.

• Case studies of risk assessment in practice.

Unit 3: Risk Management Frameworks

• COSO ERM framework essentials.

• ISO 31000 principles and guidelines.

• Integrating frameworks into organizational processes.

• Benchmarking against global standards.

Unit 4: Developing Risk Mitigation Strategies

• Designing effective risk responses.

• Risk avoidance, reduction, transfer, and acceptance.

• Embedding controls and monitoring systems.

• Aligning mitigation with organizational goals.

Unit 5: Continuous Monitoring and Governance

• Building a culture of risk awareness.

• Reporting and communication to stakeholders.

• Leveraging technology for risk monitoring.

• Ensuring resilience and continuous improvement.

Ready to strengthen your organization’s resilience?
Join the Business Risk Assessment and Management Frameworks Training Course with EuroQuest International Training and build smarter, risk-aware strategies.