ORM Operational Risk Management & Mitigation Training Course

Course Category : Risk Management

A professional programme focused on identifying, assessing, and managing operational risks while implementing effective mitigation strategies to enhance business resilience.
Duration: 5 Days | Level: Intermediate to Advanced

Introduction

In today’s complex business environments, organisations face a wide spectrum of operational risks arising from internal processes, systems, human factors, and external events. Ineffective management of these risks can lead to financial losses, business disruptions, and reputational damage.
This course provides a comprehensive framework for operational risk management aligned with global best practices, focusing on risk identification, assessment, mitigation strategies, and strengthening internal controls to ensure operational stability and resilience..

Targeted Audience

Risk Managers
Governance and Compliance Managers
Operations Managers
Internal Auditors
Quality Managers
Security and Business Continuity Officers
Executives

Targeted Skills

Operational Risk Identification and Analysis
Risk Assessment Methodologies
Risk Mitigation Strategy Design
Internal Control Development
Business Continuity Management
Risk Reporting and Decision-Making

Expected Outcomes

Develop a comprehensive understanding of operational risk management.
Identify and classify operational risks accurately.
Apply professional risk assessment tools and techniques.
Design effective risk mitigation plans.
Strengthen internal controls and business continuity.
Improve organisational resilience to operational disruptions.

Training Topics Index

Definition and types of operational risk
Internal sources of risk
Impact on organisational performance
Risk and governance relationship
Global risk management frameworks

Risk identification techniques
Probability and impact analysis
Risk assessment matrix
Risk classification
Risk prioritisation

Risk avoidance and reduction strategies
Risk transfer methods (insurance and contracts)
Emergency response planning
Preventive control design
Residual risk management

Internal control system design
Policies and procedures
Regulatory compliance
Internal audit practices
Monitoring and control effectiveness

Business Continuity Management (BCM)
Disaster Recovery Planning (DRP)
Crisis management strategies
Testing and response planning
Continuous improvement and resilience

Course Features

Updated and Interactive Content
Hypothetical Examples and Case Studies
Pre- and Post-assessments to Measure Impact
Verified Certificate with a QR Verification Code

ORM Operational Risk Management & Mitigation Training Course