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Risk Framework - 27&28 September 2018
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The risk framework is the foundation of risk management implementation; this course assists delegates in setting up the framework for success. It also helps delegates understand the origination of risk management tools and their strengths and weaknesses

2018/09/27 to 2018/09/28
When: 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: Steven Abrahams
Contact: Nthabiseng
011 555 1800

Online registration is closed.
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Course Duration



Non - Member




Course Outline:

This course aims to:

  • Give delegates an overview of a framework for the management of risk across their organization.
  • Assist delegates in understanding the various technical elements of the risk framework, its purpose, how and what it is designed for.
  • Integrate diverse and/or conflicting requirements into the framework.
  • Provide a guide on how to apply the framework in the workplace.
  • Outline The risk management journey, and building on existing frameworks.

Course Agenda (1 day):

1. Policy
2. Framework
2.1. Risk Management Plan
2.1.1. Risk Activities
2.1.2. Risk Maturity
2.1.3. Risk Reporting
2.1.4. Tracking
2.2. Roles and Responsibilities
2.2.1. Organisational structure
2.2.2. Lines of defense
2.2.3. Risk Management Function
2.3. Risk Appetite and Tolerance
2.4. Procedures
2.4.1. Risk Process
2.5. Tools and Templates
2.5.1. Risk Register
2.5.2. Risk Matrix
2.5.3. Risk Categories
2.5.4. Risk Assessment Methodologies
3. Continuous Improvement
4. Monitoring and Review
5. Implementation
5.1. Supporting systems
5.2. Processes – link back to planning and procedures
6. Case studies will build on exercises conducted during day 1
6.1. Case Study 1 – review existing organizational risk policy and make recommendations for improvement
6.2. Case Study 2 – develop risk matrix “ideal”, apply in case study and investigate strengths and weaknesses in application
6.3. Case Study 3 - Using tools to monitor and track risk profile trends

Steven Abrahams

2 Days

R 5 564.00 ex VAT

R 6 414.00 ex VAT




Who should attend?

  • Practicing risk managers and champions who are driving the risk process within the organisation
  • Business leaders responsible for managing risk
  • Executives and heads of departments requiring a better outcome to their risk assessment workshops
  • Accountants, auditors, consultants, project managers, safety practitioners and solicitors
  • Anyone taking up a new role in risk management or wishing to enter the profession
  • Practitioners requiring a refresher on recent developments in risk management
  • Students studying or those about to embark on IRMSA’s Risk Management Qualifications


About the presenter

Steven Abrahams, BCom (LLB),PMI-RMP
Steven Abrahams is a risk specialist, with over 14 years’ experience in delivering risk management solutions and services. Steven is familiar with all aspects of risk management processes including Commercial, Technical, Environmental, Project Management, Strategic, Interfacing, Engineering, Construction and Operational readiness, as well as safety risk management processes. He has facilitated numerous risk assessments from project to strategy. His range of experience extends from developing methodologies for organisational, project and safety risk management systems, project and program risk management to technical risk management

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