This certification program was developed by Risk-Academy — a Russian leader in the field of online risk management training, Global Institute for Risk Management Standards and the best risk managers from Russia and the CIS. The program fully complies with international risk management standards ISO31000:2009 and COSO:ERM 2004. It consists of 4 modules:

RISK MANAGEMENT FOUNDATIONS

• Definition of risk
• History of risk management
• International and national risk management standards
• Introduction to finance, project management and process management
• Introduction to statistics
• Insurance basics

RISK MANAGEMENT IN DECISION MAKING

• Identification of risks associated with decision making or goals/KPIs achievement
• Risk analysis in decision making (sensitivity analysis, scenario analysis, Monte-Carlo simulations, decision trees, scoring models)
• Risk mitigation and risk-based decision making
• Disclosure, reporting, monitoring and review

PSYCHOLOGY AND RISK MANAGEMENT CULTURE

• Risk psychology and cognitive biases in decision making
• Risk management culture
• Principles of risk management ethics

INTEGRATING RISK MANAGEMENT INTO THE BUSINESS

• Understanding the organisational appetite for risk
• A roadmap for risk management integration:
  • Developing new and updating existing policies and procedures
  • Integration into decision making, planning, budgeting, purchasing, auditing etc.
  • Risk management roles and responsibilities, risk management KPIs
  • Integrating risk information into management reporting
  • Resources required for the implementation of risk management
• Auditing risk management effectiveness
• Risk management continuous improvement
• Risk management software

Buy this course for your company https://riskacademy.blog/product/risk-managers-training/

Help spread the messages in this guide by sharing it with your colleagues  https://www.researchgate.net/publication/323254437_GUIDE_TO_EFFECTIVE_RISK_MANAGEMENT_30

More information about RISK-ACADEMY, our training courses and services at www.riskacademy.blog