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Directors Risk Management Workshop

Objective : To introduce risk management concepts and knowledge for the continuous risk management process and its related entities. This programme forms the basis for directors to evaluate the corporate framework for risk management.
Upon Completion : Participants would be able to understand the nature of risks and concepts of risk control, and the practice risk identification and control in a structured manner.
Audience : Directors
Methodology : A combination of workshop discussions with self reflection, scenario analysis and Q&A sessions.
Duration : 1 day



Workshop Outline

I. Introduction to Risk Management
a. Definition of risk and the risk universe
b. Characteristics and impact of risk
c. Crisis and risk
II. The Risk Management Process Overview (RMP)
a. Organizational requirements
b. Components of the RMP
c. Tools for the RMP
III. Risk Identification
a. The Company and its operating environment
b. Sources and causes of risk in port operations
c. Tools for risk identification
IV. Risk Analysis and Assessment
a. Effects of risks on organization performance
b. Assessment of impact
V. Risk Control and Treatment
a. Concepts in risk control and application
b. Risk documentation and monitoring
VI. Continuous Risk Management
a. Pre requisites
b. Risk management audit
VII. Review and Conclusion