TRAINING ON DEVELOPMENT AND IMPLEMENTATION OF RISK MANAGEMENT FRAMEWORK INCLUDING RISK POLICY(THEORETICAL AND PRACTICAL ASPECTS BASED ON ISO 31000:2018)
Venue: Kingsway Hotel – Morogoro.
Dates: 27th to 30th June, 2022
Fees: TZS. 850, 000/=
Award: Achievement Certificate
CPD hours: 32
Institute of Risk Management Tanzania (IRMT) invites professional members, stakeholders and all people with interest in risk management matters to attend training on development and implementation of risk management framework and policy.
Who should attend?: Risk Directors, Risk Managers, Risk Officers, Senior and middle-level Managers, Operations Managers and Officers, Accountants, Auditors, Treasury Managers and Officers, Procurement Managers & Officers, Financial controllers, Operational Risk Managers and Officers, Compliance Managers and Officers, Consultants, Corporate Business Executives, Quality Controllers, Planners, Statisticians, IT personnel, Human Resource managers & Officers.
Course Coordinator: Lucy Mwema +255692651131 or +255658450633 or 0733299810 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
Organizations, historical have been adopting Risk Management practices across organizational activities through different controls to avoid deviation from corporate objectives.
However, evolution in management, business and operational environment has made the need for Risk Management framework across all sectors to be of paramount importance whereas Risk Management framework (RMF) as an integral part of the organizational process, address uncertainties explicitly, take into account human factors, and has proved to be dynamic and responsive to change.
RMF supported by Risk Management policy have jointly proved to be aiming at protecting an organization from adverse impacts of emerging risks, and have established commitments towards legal and regulatory compliance while at the same time creating sustainable growth and fulfillment of corporate objectives.
Course Objective
The objectives of the course is to enable participants gain insights on risk management processes, principles, and standards in line with ISO 31000 guidelines together with theoretical and practical aspects of Risk Policy. At the end participants will gain practical aspects of preparation and implementation of Risk Management framework and establishing reporting mechanism through risk register and other managerial reports that create overall organizational control and linkage towards corporate objectives.
Course Information
- The Fees includes the costs for the training venue, stationeries 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:
Asset Protection
An effective risk management framework will prioritize understanding the risks that your business faces to take the necessary steps to protect your assets and your business. This means that a comprehensive risk management framework will help you protect your data and your assets.
Reputation Management
Reputation management is an essential part of modern business practices, and limiting the detrimental consequences of cyber-attacks is an integral part of ensuring that your reputation is protected. Consumers in the modern world are increasingly aware of data privacy’s importance, not just because privacy laws are becoming increasingly strict. A data breach will damage your business’ reputation. An effective risk management framework can help companies quickly analyze gaps in enterprise-level controls and develop a roadmap to reduce or avoid reputational risks.
IP Protection
Almost every company has intellectual property that must be protected, and a risk management framework applies just as much to this property as your data and assets. If you sell, offer, distribute, or provide a product or service that gives you a competitive edge, you are exposed to potential Intellectual Property theft. A risk management framework helps protect against potential losses of competitive advantage, business opportunities, and even legal risks.
Competitor Analysis
Developing a risk management framework can have beneficial impacts on the fundamental operation of your business. By cataloging the risks you face and taking measures to mitigate them, you will also be gathering a wealth of valuable information on the market that you operate within, and this – in itself – can give you a competitive advantage over your peers.
Risk Management Certification Examination
IRMT announces commencement of Registration for December 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 requirement 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: +255 718 816 827 /+255 733 298410 or email info@irmt.or.tz