{"id":4133,"date":"2024-03-13T10:55:50","date_gmt":"2024-03-13T02:55:50","guid":{"rendered":"https:\/\/www.mssbizsolutions.com\/?page_id=4133"},"modified":"2024-03-13T10:55:50","modified_gmt":"2024-03-13T02:55:50","slug":"risk-management-training-philippines","status":"publish","type":"page","link":"https:\/\/www.mssbizsolutions.com\/risk-management-training-philippines\/","title":{"rendered":"Risk Management Training in the Philippines"},"content":{"rendered":"<h1 style=\"text-align: center;\"><span style=\"color: #ff6600;\"><strong>MANAGING RISKS, THE SYSTEMATIC WAY<\/strong><\/span><\/h1>\n<h2 style=\"text-align: center;\"><span style=\"color: #0000ff;\"><strong>A 2-day Corporate EnterTRAINment on Risk Management<\/strong><\/span><\/h2>\n<h2 style=\"text-align: center;\"><strong><span style=\"color: #993366;\">RISK MANAGEMENT TRAINING IN THE PHILIPPINES<\/span><\/strong><\/h2>\n<p><strong>\u00a0<\/strong><\/p>\n<h3><span style=\"text-decoration: underline; color: #000080;\"><strong>ENTERTRAINMENT OVERVIEW:<\/strong><\/span><\/h3>\n<p><span style=\"color: #000000;\">Risk management is the process that allows individual risk events and overall risks to be understood and managed proactively, optimizing success by minimizing threats and maximizing opportunities. <\/span><\/p>\n<p><span style=\"color: #000000;\">It involves the systematic application of management policies, procedures, and practices to the tasks of analyzing, evaluating, controlling, and monitoring risks.<\/span><\/p>\n<p><span style=\"color: #000000;\">Risk Management revolves around the identification of hazards (potential sources of harm) and hazardous situations (circumstances in which people, property, or the environment is exposed to one or more hazards). <\/span><\/p>\n<p><span style=\"color: #000000;\">Once identified, the severity of potential harms resulting from hazards and hazardous situations is estimated. The probability of occurrence of these harms is also estimated. Risk is the resulting estimate of the severity of harm and the probability of its occurrence.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"text-decoration: underline; color: #000080;\"><strong>ENTERTRAINMENT GOAL:<\/strong><\/span><\/h3>\n<p><span style=\"color: #000000;\">The overall goal of this Risk Management Training in the Philippines is to enhance participants&#8217; understanding and application of risk management principles and methodologies through a 2-day Corporate EnterTRAINment.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"text-decoration: underline; color: #000080;\"><strong>ENTERTRAINMENT OBJECTIVES:<\/strong><\/span><\/h3>\n<p><span style=\"color: #000000;\">By the end of this Risk Management Training in the Philippines, the participants should be able to:<\/span><\/p>\n<ul>\n<li><span style=\"color: #000000;\">Learn the risk management framework and process<\/span><\/li>\n<li><span style=\"color: #000000;\">Recognize the importance of planning and implementing identified risk management actions in meeting team\/unit and individual goals.<\/span><\/li>\n<li><span style=\"color: #000000;\">Obtain an aligned definition on when to identify and define an event a &#8220;risk&#8221;.<\/span><\/li>\n<li><span style=\"color: #000000;\">Recognize the need on when to control, eliminate, accept, and review a risk.<\/span><\/li>\n<\/ul>\n<p><strong>\u00a0<\/strong><\/p>\n<h3><span style=\"text-decoration: underline; color: #000080;\"><strong>ENTERTRAINMENT OUTLINE:<\/strong><\/span><\/h3>\n<h3 style=\"text-align: center;\"><strong>DAY ONE (1) <\/strong><\/h3>\n<h4><span style=\"color: #0000ff;\"><strong>MODULE #1: INTRODUCTION TO RISK MANAGEMENT <\/strong><\/span><\/h4>\n<ul>\n<li>Hazard and Risk<\/li>\n<li>Risk and Likelihood<\/li>\n<li>What is Risk Management?<\/li>\n<li>Important Terminologies<\/li>\n<li>Global Risk Management Standards<\/li>\n<li>Main Categories of Risk\n<ul>\n<li>Strategic<\/li>\n<li>Compliance<\/li>\n<li>Financial<\/li>\n<li>Operational<\/li>\n<\/ul>\n<\/li>\n<li>The Risk Management Process<\/li>\n<li>Benefits and Limitations<\/li>\n<\/ul>\n<p><strong>\u00a0<\/strong><\/p>\n<h4><span style=\"color: #0000ff;\"><strong>MODULE #2: RISK MANAGEMENT APPROACHES<\/strong><\/span><\/h4>\n<ul>\n<li><span style=\"color: #000000;\">Risk Management Approaches<\/span>\n<ul>\n<li><span style=\"color: #000000;\">Avoidance<\/span><\/li>\n<li><span style=\"color: #000000;\">Control<\/span><\/li>\n<li><span style=\"color: #000000;\">Acceptance<\/span><\/li>\n<li><span style=\"color: #000000;\">Share<\/span><\/li>\n<li><span style=\"color: #000000;\">Transfer<\/span><\/li>\n<\/ul>\n<\/li>\n<li><span style=\"color: #000000;\">Loss Prevention and Reduction<\/span><\/li>\n<li><span style=\"color: #000000;\">Risk Review<\/span><\/li>\n<li><span style=\"color: #000000;\">Keys to Risk Management Success<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h4><span style=\"color: #0000ff;\"><strong>MODULE #3: DEVELOPING A RISK MANAGEMENT PLAN<\/strong><\/span><\/h4>\n<ul>\n<li><span style=\"color: #000000;\">The PDCA Approach<\/span><\/li>\n<li><span style=\"color: #000000;\">Risk Management and Problem-Solving Tools<\/span>\n<ul>\n<li><span style=\"color: #000000;\">Root Cause Analysis (Brainstorming, Fishbone, Pareto)<\/span><\/li>\n<li><span style=\"color: #000000;\">SWOT<\/span><\/li>\n<li><span style=\"color: #000000;\">Risk Register Assessment<\/span><\/li>\n<li><span style=\"color: #000000;\">Probability and Impact Matrix Risk<\/span><\/li>\n<\/ul>\n<\/li>\n<li><span style=\"color: #000000;\">Data Quality Assessment<\/span><\/li>\n<li><span style=\"color: #000000;\">Expected Monetary Value Analysis<\/span><\/li>\n<li><span style=\"color: #000000;\">Establish the Goal using SMART (Specific-Measurable-Attainable-Relevant-Time bound)<\/span><\/li>\n<li><span style=\"color: #000000;\">Risk review<\/span>\n<ul>\n<li><span style=\"color: #000000;\">The When<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: center;\"><strong>DAY TWO (2)<\/strong><\/h3>\n<h4><span style=\"color: #0000ff;\"><strong>MODULE #4: RISK ASSESSMENT INITIATION<\/strong><\/span><\/h4>\n<ul>\n<li><span style=\"color: #000000;\">Getting Started with Assessing Risks<\/span><\/li>\n<li><span style=\"color: #000000;\">Forming the Assessment Team<\/span><\/li>\n<li><span style=\"color: #000000;\">Examples of Risk Assessment<\/span><\/li>\n<li><span style=\"color: #000000;\">Moving Beyond Initiation<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h4><span style=\"color: #0000ff;\"><strong>MODULE #5: RISK ASSESSMENT PROCESS<\/strong><\/span><\/h4>\n<ul>\n<li><span style=\"color: #000000;\">Introduction to the Risk Assessment Process<\/span><\/li>\n<li><span style=\"color: #000000;\">Establishing the Context<\/span>\n<ul>\n<li><span style=\"color: #000000;\">Define the Spectrum of Risks<\/span><\/li>\n<\/ul>\n<\/li>\n<li><span style=\"color: #000000;\">What are the Next Steps?<\/span>\n<ul>\n<li><span style=\"color: #000000;\">Risk Identification<\/span>\n<ul>\n<li><span style=\"color: #000000;\">What Is Risk Identification?<\/span><\/li>\n<li><span style=\"color: #000000;\">The Basic Risk Identification Formula<\/span><\/li>\n<li><span style=\"color: #000000;\">Brainstorming and other Problem-Solving Tools<\/span><\/li>\n<\/ul>\n<\/li>\n<li><span style=\"color: #000000;\">Risk Analysis<\/span>\n<ul>\n<li><span style=\"color: #000000;\">The Purpose of Risk Analysis<\/span><\/li>\n<li><span style=\"color: #000000;\">How to Rate Risks<\/span><\/li>\n<li><span style=\"color: #000000;\">Determining the Risk Probability<\/span><\/li>\n<li><span style=\"color: #000000;\">The Risk Assessment Matrix<\/span><\/li>\n<\/ul>\n<\/li>\n<li><span style=\"color: #000000;\">Risk Control<\/span>\n<ul>\n<li><span style=\"color: #000000;\">Reduce Risks Through Risk Control<\/span><\/li>\n<li><span style=\"color: #000000;\">Selecting the Best Risk Control Technique<\/span><\/li>\n<li><span style=\"color: #000000;\">Wrapping Up Risk Control<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h4><span style=\"color: #0000ff;\"><strong>MODULE #6: RISK MONITORING, REVIEW, AND APPROVAL<\/strong><\/span><\/h4>\n<ul>\n<li><span style=\"color: #000000;\">Reviewing the Process<\/span><\/li>\n<li><span style=\"color: #000000;\">Closing the Loop<\/span>\n<ul>\n<li><span style=\"color: #000000;\">The Continual Process<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h4><span style=\"color: #0000ff;\"><strong>PUT INTO ACTION \u2013 Application of Learnings<\/strong><\/span><\/h4>\n<ul>\n<li><span style=\"color: #000000;\">Project presentation<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3><span style=\"text-decoration: underline; color: #000080;\"><strong>ENTERTRAINMENT METHODOLOGIES:<\/strong><\/span><\/h3>\n<p><span style=\"color: #000000;\">To achieve the learning outcomes, this program design shall utilize the following learning strategies:<\/span><\/p>\n<ul>\n<li><span style=\"color: #000000;\">Interactive Discussions<\/span><\/li>\n<li><span style=\"color: #000000;\">Audio-Visual Presentation<\/span><\/li>\n<li><span style=\"color: #000000;\">Group Dynamics<\/span><\/li>\n<li><span style=\"color: #000000;\">Topic-related\/Objectives-Aligned Activities<\/span><\/li>\n<li><span style=\"color: #000000;\">Icebreakers and Energizers<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Check out our other Production and Operational Excellence-related training programs below:<\/p>\n<h4><a href=\"https:\/\/www.mssbizsolutions.com\/production-operational-excellence-training-philippines\/\" target=\"_blank\" rel=\"noopener\">Production and Operational Excellence Training in the Philippines<\/a><\/h4>\n<p>&nbsp;<\/p>\n<p>To know more about MSS Business Solutions, visit as well our Facebook Page at:<\/p>\n<h3><a href=\"https:\/\/www.facebook.com\/MSSBizSolutions\" target=\"_blank\" rel=\"noopener\">MSS Business Solutions<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>MANAGING RISKS, THE SYSTEMATIC WAY A 2-day Corporate EnterTRAINment on Risk Management RISK MANAGEMENT TRAINING IN THE PHILIPPINES \u00a0 ENTERTRAINMENT OVERVIEW: Risk management is the process that allows individual risk [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":4134,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-4133","page","type-page","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Risk Management Training in the Philippines<\/title>\n<meta name=\"description\" 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