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2018 IRMSA Namibia Breakfast Presentation - 24 October

Risk Culture and Change Management 31 October 2018

2018/11/01 » 2018/11/02
Introduction to Risk Management - 1 & 2 November 2018

Spring Water Workshop

Risk Management in Practice 23 & 24 October 2018
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This two-day training course explores the relevant practical implications of risk theory and aims to provide a context and framework through which risk management concepts are debated and the resultant practice requirements clarified. This course challenges common interpretation and application of risk theory and considers the practical role and impact of risk management in strategic decision-making, value creation and value preservation.

2018/05/16 to 2018/05/17
When: Wednesday, May 16, 2018
8:00 AM
Where: IRMSA Training Centre
144 Katherine Street, Grayston Ridge Office Park
Block A, First Floor, IRMSA, Sandton
Johannesburg, Gauteng  2196
South Africa
Presenter: Terence Murasiki
Contact: Nazlee Kok
011 555 1800

Online registration is closed.
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Course Duration




Non - Member

Terrence Murasiki

2 Days



R 5 564.00 ex VAT

R 6 414.00 ex VAT

Course outline

Risk theory fundamentals:

This section of the training tries to ensure that participants develop a solid foundation on which to learn about risk and risk management. Failing to understand this area of learning significantly impacts students/ participants not only in understanding the remainder of the training but in holding the correct perspective of risk going into their work environments. 

• Foundational risk principles
• Discussion of traditional risk models
• Realising value from the risk management process
• Roles and responsibility mapping


Practical implementation guidelines:

This section explains each of the elements of a risk management process as delineated into 26 unique practices grouped under the seven themes as listed below. It essentially serves as key concept and practice learning on other more advanced areas of risk management and establishes the baseline standards.

• Risk culture and control environment
• Risk and strategy integration
• Risk and performance integration
• Risk and sustainability integration
• Risk identification and prioritisation practice
• Risk mitigation and control standards
• Risk monitoring and reporting (including stakeholder collaboration)



Who should attend?

Executives, Managers, Operational staff members, Auditors, Risk practitioners and Students studying to embark on IRMSA’s Risk Management Qualification.



About the Presenter


Terence Murasiki is a risk practitioner with wide-ranging experience spanning 23 years in a range of industry and advisory roles. He holds a masters’ degree in business administration, is certified in risk, and information systems control (“CRISC”), is a certified information systems auditor (“CISA”) and holds a Bachelor of Commerce degree. 
For the past 7-years and on an ongoing basis, he has researched and authored the attribute-based maturity index (“ABMI”), a locally relevant risk management standard and benchmarking model which is used by more than 85 small to large organisations in South Africa.


He is the founder of the Treten Group (incorporating the ABMI Research Institute), a boutique risk and governance advisory company operating in various market segments over the past 12 years. He also serves as the independent chairperson of the risk management committees of the Gauteng Department of Roads and Transport as well as g-Fleet management (a trading entity of the Gauteng Department of Roads and Transport). He is a past board member of Liberty Medical Scheme and Medicover Medical Scheme where he served additional roles in the audit and risk committees. 


He has previously worked for Deloitte in technology and general assurance as well as provided risk assurance support for a large insurance group operating within Southern and East Africa. Furthermore, he has worked for a reputable advisory firm as a senior manager and worked in the project assurance and innovation space within Nedbank in South Africa where he was involved in a diverse range of strategic bank projects and change initiatives.


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