Special Training on Risk Management for Risk Champions to be held on 24 & 25 February 2022 at NSSF Complex, Morogoro
Venue: NSSF Commercial Complex – Morogoro
Dates: 24th to 25th February, 2022
Fees: TZS 550,000
Award: Affiliate Membership Certificate
CPD hours: 16
Institute of Risk Management Tanzania (IRMT) invites all people with interest in risk management matters to attend this special training on Risks Management for Risks Champions.
Who should attend?: Risk champions, Risk Managers, Personnel responsible for developing and conducting risk management processes and all people with interest within risk management matters.
Course Coordinator: Christopher Njovu +255733144222 or +255 +759096079 or 0734 415 688 or visit website: www.irmt.or.tz or you may send an email info@irmt.or.tz or visit our offices on address detailed below.
Course Overview
Introduction
After discovering weaknesses and challenges facing the risk champions especially in daily organization operations, the Institute of Risk Management (IRMT) has come out with a smoothing approach to mitigate objections hindering the achievement of the organization’s objectives by delivering awareness and capacity building to the stakeholders.
Course Objective
The objectives of the course is to provide a detailed insight into enterprise risk management and practical guidance for the application of methodologies for undertaking the required risk management activities such as; risk assessments, control assessments and risk management reporting. To achieve that the training will provide: Overview of risk management, the functions of risk champion in the organization and guidelines for developing and implementing institutional risk management framework in the public sector.
Course outline
Understanding Risk Management
- The Purpose and Practice of Risk Management
- Approaches, international standards, methods and techniques for the effective implementation of Risk Management
- Understanding Organizational culture
- Risk Management best practices and Practical applications
- Enterprise Risk Management (ERM)
The Risk Champion
- What makes a good risk champion
- Roles and responsibilities of a risk champion
- Risk champions’ ethics in risk management
- Strategic value of the Risk Champion in risk management
Risk Identification and Formulation
- Risk Classification
- Risk Assessment (Identification and Analysis) Techniques
- Horizon Scanning
- Information Gathering Techniques
- Information Processing Tools
- Risk Formulation (The Cause and Effect Relationship of Risk)
Risk Ranking and Treatment
- Risk Prioritization and Ranking
- Risk Evaluation and Vulnerability
- Risk Appetite, Tolerance and Capacity
- Risk Profiling
- Risk Treatment and Response
- Risk Monitoring and Reviewing
- Risk Communication, Escalation and Reporting
- Risk Governance
Risk Control
- Organizational Resilience and Business Continuity Planning
- Risk Control Techniques
- Using Key Risk Indicators (KRI’s)
- The Risk Register
- Risk Management Challenges
- Risk Maturity.
Course Information
- The Fees include the costs for the training venue, stationery, and refreshments during the training session.
- The fees are payable directly to bank account: IRMT Institute of Risk Management Limited Account No. 0150206213700 at CRDB Bank
NB: Participants should make payment by cheque or Bank transfer at least two (2) days before the commencement of the training/event.
Benefits/ advantages of attending the training:
- The Risk Management for Risk Champions course provides in-depth guidance on the implementation of risk management and ensures risk champions are equipped and confidant: To Conduct risk management activities, apply ERM principles in a consistent manner, and continually plan and implement risk management activities.
- Risk champions will be registered and being recognized by IRMT after achieving softcopy affiliate membership certificates.
- All private and public sectors which will bring the participants will be shortlisted and shared to IAG database who is the head of risk management in the United Republic of Tanzania for reference and further use.
Risk Management Certification Examination
IRMT announces the commencement of registration for the June 2022 professional examination session. The registration is divided into three levels; Certified Risk Management Professional (CRMP), Certified Financial Services Risk Specialist (CFSRS), and Certified Risk Management Technician (CRMT). The details for qualification and registration requirements are available on our website: www.irmt.or.tz or visit the IRMT offices:
The Institute of Risk Management,
Ubungo Plaza, Morogoro Rd, 2nd floor, Office No: 207A,
P.O.Box 71902 Dar es Salaam.
Call us: +255 733 144 222 /+255759096079, +255 734 415 688 or
email info@irmt.or.tz