Presented by: Steven J Ross of Risk Masters International LLC
The antiquated formula Risk = Impact x Probability is unprovable and unworkable. In this one-day seminar participants learn why that formula is incorrect and which other techniques that are being used by advanced risk practitioners are more applicable to contemporary enterprises. These meth-ods will make the determination of risk align with both reality and expectation. They make the concept of risk a meaningful determinant for management decision making.
Intended audience: Internal and External Auditors, Risk Managers, Security Professionals, Busi-ness Managers, Financial Executives, Legal Counsel
Learning objectives: Participants in this seminar will learn:
-Why the commonly used formula fails
-Which techniques provide greater insight of operational and financial risk
-The standards that apply risk assessment
-The tools and techniques that can be rapidly put in place in large and small businesses
-How to interpret risk assessment results
-Methods for portraying risk to aid management decision making
Seminar logistics: This is a one-day seminar/workshop (8 CPE hours).