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IRMSA Training: Risk Maturity Training (22 November 2013)
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Inherent to the management of risk is the unstated assumption that the organisation wants to continuously improve their risk management capability. To do that, they need to understand their current risk management competency level. This training will provide delegates that use risk management as a business enabler and not just a compliance issue; with the capability to continuously improve their risk management capability.

2013/11/22
When: 2013/11/22
08:30 AM
Where: House of Pharaohs
No1 Gaunt Road
Braynston, Ext 5
Johannesburg, Gauteng 
South Africa
Contact: Nthabiseng
011 612 2660


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Attending the Risk Maturity Training will provide those organisations that use risk management as a business enabler and not just a compliance issue; with the capability to continuously improve their risk management capability.

Part of the management of risk management is monitoring and reviewing of the risk management value creation process. Inherent to the management of risk is the unstated assumption that the organisation wants to continuously improve their risk management capability. To do that, they need to understand their current risk management competency level. In business speak it is known as (Risk) maturity. This framework is based on the EFQM’s (European Foundation of Quality Management) Business Excellence Model. The BEM also serve as the foundation for the UK’s development of the Risk Management Assessment Framework (RMAF) that serves as a tool for departments to manage and develop their risk management business process.

Course Outline:

The purpose of this module is to develop RM (Risk Management) practioners that can demonstrate focused knowledge and skills of methods, standards and techniques to manage risk management. Part of the management of risk is continuous improvement. In order to continuously improve the organisation’s risk management capability the following outcomes need to be achieved:
•  What does our risk management capability look like (measuring of the critical elements?)
•  What and where do we want improvement (risk management enablers and results?)
•  How do we report on our risk management capability (maturity)?

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