Risk Management

This practical course structures your knowledge of risk management and enhances the competences required to identify, classify, evaluate and manage various risks that could prevent an organisation from achieving its strategic goals.

Learning objectives

  • Identify and evaluate risks and their sources that can impede the implementation of strategy.
  • Diagnose significant, unusual and emerging risks to which the business is exposed.
  • Develop and implement appropriate risk mitigation.
  • Design and implement risk reporting systems and communicate to both internal and external stakeholders.
  • Advise on the application of the risk management policies and industry best practices.

Additional information

Target audience

Senior and middle management, risk managers, internal controllers, internal auditors, business process analysts

Timing and delivery

Training date (4 workshops):  28-29 May & 11-12 June 2025

Duration: 16 hours - from 9:00 to 13:15 CET (including one 15-minute break)

Format: Open training, LIVE/Online

Language: English

We offer this course in a closed form, tailored to the needs of a given client.

 

Training program

The training program below is a sample and can be modified to meet the unique business needs of the organization.

What is risk?

  • What concepts do people use to characterise risks?
  • To what extent are risk perceptions influenced by emotional factors?
  • When people make mistakes about risk, is it because they are ill-informed or because they were unable to do better?
Evolution of modern
risk management
  • Risk management standards.
  • Benefits of integrating ERM with business.
  • Components and principles of COSO 2017.

 

 

 

ERM component No.1
– governance and culture

  • Board risk oversight.
  • Board risk oversight
  • Establishment of operational structures
  • Defining the desired culture.
  • Demonstrating commitment to core values.
  • Attracting, developing and retaining capable individuals.

 

 

ERM component No.2 – strategy and
objective-setting

  • Business context analysis.
  • Definition of risk appetite.
  • Evaluation of alternative strategies.
  • Formulating business objectives.

 

ERM component No.3
– performance

  • Risk identification.
  • Risk severity assessment.
  • Risk prioritization.
  • Risk response measures.

 

ERM component No.4
– review and revision

  • Assessment of substantial changes.
  • Review of risk and performance.
  • Pursuing improvement in ERM.

 

ERM component No.5
–  information, communication and reporting

  • Use of information and technology.
  • Communication of risk information.
  • Risk, culture and performance reports.
  • ERM monitoring and self-assessment.

Organisational information

Date

28-29 May & 11-12 June 2025

Price

600 EUR + VAT

Duration

16 hours - from 9:00 to 13:15 CET (including one 15-minute break)

Format

Open training, LIVE/Online

Language

English

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Contact us

Slaven Kartelo

Slaven Kartelo

Partner, PwC's Academy, PwC Croatia

Ana Jergovic

Ana Jergovic

PwC’s Academy Manager, PwC Croatia

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