Introduction To Risk Management


Event summary

This course covers the basics of risk management and introduces a standard methodology.

You will also explore the uses of risk management by managers so that it informs decision making, business and financial planning, and so that you understand how it relates to partnerships.

Attend this course to gain a better understanding of risk management and get hold of new tools and ideas to help you make risk management effective in your organisation.


03 May 2018
Starts: 09:45
Ends: 16:30


CIPFA Scotland
160 Dundee Street
EH11 1DQ
[See map]

Standard price

£149.00 excl VAT

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About this event

What is this course about? 

Risk management is now seen as a core tool for all managers but are we aware of how it can be used effectively and where it can be utilised across the organisation. Risk management is a key area of effective governance and increasingly it will inform inspection arrangements in particular BV2. 

This course will cover the basics of risk management and introduce a standard methodology, it will also explore the uses of risk management by managers so that it informs decision making, business and financial planning and we will discuss how it relates to partnerships and how it is used in a project and programme situation. 

Finally the upside of risks should be encouraged and we will discuss the latest thinking on opportunity analysis. As an introduction this course will give you a comprehensive picture of risk management best practice and how practically it can be of help to you in delivering your objectives. 

Who should attend this course?

This course is designed to help all managers working within the public sector. It will benefit people across all departments that are involved with risk management. It will also be suitable for elected/board members who wish to know more about how risk management should be working within their organisations. 

What will I gain from this course? 

This course will provide delegates with an understanding of what risk management is and why it is such an important management tool. It will also give you the methodology and the framework that will ensure that risk management is effective in your organisation. 


The course content is broken down in to six sessions as follows:

Session One: Introduction to risk management

  • What is risk management?
  • Why is it important?
  • How does it fit within the wider governance agenda?
It is important to understand the context for risk management within organisations. It is a key element of good governance but there are other reasons why risk management is important. These will be explored in this introduction session.

Session Two: Risk management – a methodology 

  • Introducing a risk management methodology.
  • Working through the individual steps required to developing an effective risk management approach.
  • Developing a risk register.
  • Managing risks. 
There are many variations on risk management methodologies that are adopted by organisations. We will discuss one approach with the emphasis on understanding each step in the process, why it happens and how to ensure it is effective. 

Session Three: Risk management and its uses 

  • Enterprise risk management.
  • Where risk management is used within an organisation.
  • Integration of risk management information across the organisation.
  • Culture v process.
Risk management has many uses and what is key is how risk management information is integrated, shared and managed collectively to the benefit of the whole organisation. We will look at enterprise risk management and how that can be reflected in the public sector. We will also discuss culture as an essential dimension to effective risk management. 

Session Four: Risk management and partnerships 

  • Dealing with risk management in a partnership environment.
  • Risk management responsibilities in respect of partnership arrangements.
  • Do we understand our partnership risks? 
This session looks at risk management within a partnership such as a community planning partnership and discusses how it can work in practice. The session also looks at the wider governance issue of partnerships and hence the risk management requirements in relation to partnership working. 

Session Five: Risk management  within projects and programmes 

  • How does risk management work within projects and programmes?
  • How do they relate back to strategic/ business risk registers? 
  • Prince 2 requirements and other best practice. 
Risk management is essential to an effective project management approach. This session will look at the differences when applying risk management in this context. It will also look at how it can integrate with strategic/ business risk registers.


Session Six: Opportunity analysis – the flip side 

  • What do we mean by opportunity analysis?
  • What is the latest thinking on this topic?
  • How do we maximise opportunities within our organisations? 
It would be remiss within a risk management course not to look at the flip side of risk management – opportunity analysis. This is an evolving area and many organisations do not pay sufficient attention to maximising opportunities. 

CPD hours



  • Risk management