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SHORT COURSE

Public sector risk management course

This risk management course provides answers to the key questions facing public sector managers and staff responsible for risk management. Based upon the ISO31000:2018 Risk Management Standard, this risk management course presents a practical, step-by-step approach to developing a risk management plan and implementing a risk management program for your public sector organisation.

About this course

Public sector entities are in the business of delivering outcomes. In the pursuit of these objectives, agencies face a range of uncertain events which can frustrate or completely derail their achievement. And whilst the survival of the public sector and its agencies are not at survival risk in the same sense that a failed company will be liquidated - the consequences of poor management of risks may include loss of reputation, autonomy, funding and authority.

Former Reserve Bank of Australia board member Warwick McKibbin notes;

“uncertainty and risk management should be at the core of all policy design. The correct question should not be - how good a policy might be in the best possible world, it should be, what can go wrong and if the world turns out differently to that assumed?”


This risk management course provides answers to the key questions facing public sector managers and staff responsible for risk management. Based upon the ISO31000:2018 Risk Management Standard, this risk management course presents a practical, step-by-step approach to developing a risk management plan and implementing a risk management program for your public sector organisation. 

Course structure

This risk management course for the public sector will cover the following content:

  • What is risk and why are risks a reality for every organisation.
  • The upside of risk: why eliminating all risks is not feasible or even desirable?
  • An overview of the ISO31000:2018 Risk Management standard.
  • Establishing the context for risk management.
  • Identifying, evaluating, communicating with and reporting to stakeholders.
  • Techniques for identifying risks whilst recognising how cognitive bias and conflicts of interest can distort risk identification.
  • Methods for analysing and evaluating risks.
  • Processes for treating inherent risks and assessing residual risks.
  • Communicating and reporting in risk management.
  • Reviewing risk management plans and embedding continuous improvement.

At the completion of this risk management course, you will be able to:

  • Define risk management, identify common misconceptions and demystify the language of risk.
  • Recognise the necessity of embracing upside risk.
  • Understand the key elements of risk management.
  • Identify the various risk focus areas.
  • Recognise how to analyse and treat risk and identify and address unintended consequences of certain treatments.
  • Apply the ISO31000:2018 Risk Management Standard.
  • Understand integrated risk management, its challenges and contributions to organisational resilience.
  • Develop and apply risk assessment: identification, analysis and evaluation of risks.
  • The ALARP Principle and its role in determining limits to risk treatment options.
  • Develop, implement and monitor risk management plans.

 

Delivery style

This risk management course for the public sector will be delivered as an interactive workshop consisting of an instructor-led lecture, group and individual activities. This training approach allows participants to work through concepts introduced by the trainer in an application-focused teaching environment. Participants will challenge their understanding of the concepts and consider their application once back in their individual workplace.

 

Course prerequisites

This risk management course has no prerequisites and is open to all members of the public.

 

In-house training solutions

This risk management course can also be customised and/or delivered in-house. Find out more.

Who is this course for?

This risk management course is suitable for managers, professional staff and technical experts across public sector organisations, who oversee or want to contribute to the appropriate management of risks as part of effective corporate governance.

$685.00

START DATE

16 September

MODE

On-campus

DURATION

8 hrs

Meet the Expert

Richard Walker

Richard Walker
Principal AcademyGlobal

Richard Walker is a Principal and senior faculty manager at AcademyGlobal. He has 30 years’ industry experience encompassing senior risk, operations and compliance roles with several leading global institutions. Richard has a detailed knowledge of financial mathematics, markets and products; the ability to differentiate the interests of stakeholders; and use of credit, cash flow, and financial ratio analysis to implement strategies. More recently, Richard has written and delivered bespoke training for clients drawn from the corporate, government, and financial services sectors in Australia, South East Asia, and the Middle East resulting in rapid knowledge transfer. His areas of focus include: corporate credit risk, financial analysis, enterprise risk management, conduct risk and operational risk. Drawing upon his deep and varied experience, Richard is able to offer insights into the relationship between different risk categories; the application of financial analysis to enhance decision making; demonstrate the applicability to the regulatory environment; and critically, relate these to the organisation’s strategic priorities.

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Paul Vorbach

Paul Vorbach

Founder and Managing Director of corporate and government training provider AcademyGlobal and Visiting Fellow at the UTS Faculty of Law, Paul has been practicing commercial negotiations for more than 30 years and teaching it to executives for 15 years. He has worked in banking (Citi) and consulting (Deloitte) and has a depth of experience in negotiating with staff, management and boards of directors.

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Book a session

Wed 16 Sep 2020 -
Wed 16 Sep 2020
Expert: Richard Walker, Paul Vorbach
Thu 12 Nov 2020 -
Thu 12 Nov 2020
Expert: Richard Walker, Paul Vorbach
Tue 15 Dec 2020 -
Tue 15 Dec 2020
Expert: Richard Walker, Paul Vorbach
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