THE PRINCIPLES OF RISK MANAGEMENT TO MANAGE RISK SITUATIONS IN THE PUBLIC SECTOR
Unit Standard |
Credits |
Unit Standard ID no. |
Apply principles of risk management |
8 |
120303 |
Each Learning Unit can be presented as a separate short course if required
Course Duration: 3 days
Course Outline:
APPLY PRINCIPLES OF RISK MANAGEMENT
- Principles of risk management
- Legislative framework for disaster risk reduction
- Case studies are analysed to determine how typical risk scenarios have affected a specific sector in the past
- Importance Of Risk Management
RISK IDENTIFICATION
- Different types of risks are identified
- various systems for categorising and prioritising risk are analysed
- Threats to the risk management within the public sector
- Risk Estimation
DEVELOP AND IMPLEMENT RISK MANAGEMENT PROCEDURES.
- Risk management procedures
- Roles, responsibilities and accountabilities
- Reporting procedures for risk management
- Public Sector legislation requirements.
- Measures for determining efficacy of risk
- Reporting procedures for risk
MONITOR AND ASSESS RISK MANAGEMENT PROCEDURES
- Measurement of efficacy of risk management procedures
- Problem areas are identified and plans outlined to address these proactively.
- Procedures are revised according to revised risk management needs.
- Documentation of changes
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