Defence Academy
 
 

Course Details:


Risk Management - Principles
Course Code RM-P
Description: The course is intended to impart delegates with sufficient knowledge of risk in Defence Acquisition, MOD Policy towards risk, and details of MOD’s Risk Management process to enable them to act as competent practitioners, able to contribute appropriately to all stages of a project’s risk management activities. This will be achieved through a logical progression through the MOD’s risk management process in a series of presentations, syndicate exercises and discussions. This course is a pre-requisite for the Risk Management -Advanced (RM-A) course.
Aim: To provide course members with the knowledge required to apply MOD's Risk Management process.
Duration: 2.5 days non-residential when held at Admiral House. 2 days non-residential when held at other sites.
Pre-Requisites: None
Designed For: This course is suitable for MOD civilian and serving officers, who are required to practice Risk Management techniques, however, all acquisition staff may also benefit from the course. The course is also suitable for national and overseas acquisition personnel and candidates working in the defence industries.
Cost for Non MoD Applicants: The cost of this course is £690.00 excluding VAT. Details of payment options will be sent in a confirmation e-mail when you apply for the course.
Objectives: By the end of the course delegates will be able to:

• Explain MOD’s Risk Management process;
• Identify the statistical basis of Risk Management Tools;
• Demonstrate qualitative and quantitative risk analysis;
• Produce inputs to model timescale risk;
• Explain the concept of mitigation and fallback plans;
• Explain how industry view risk management;
• Explain the content of risk plans;
• List the management actions required to record, monitor, control, report and reduce risk.
Related Learning: • Risk Management Advanced (RM-A);
• Risk Management Introduction On-Line Training (RMIOLT).