Risk Management in business, no matter how large or small, is an every day occurrence whether in opening new markets, implementing new strategies or technologies, even hiring new people. Understanding and managing those risks is often the difference between business success…and disaster.

PRORIM training online is designed primarily for small to medium sized enterprises to improve awareness and understanding amongst employees, managers and owners. This course gives each delegate the ability, knowledge and confidence to apply the practice of risk management to everyday situations.

The course is available initially in English, French, German and Italian, so that businesses throughout the EU can benefit from this unique initiative to promote good risk management. Development is under way for further world language versions.

The Benefits of PRORIM

• Practical ideas and tools for making better business decisions

• Chose your time and place to take the course

• Easily assimilated 10 minute study sessions

• Suitable for use as a tool for experienced managers who need to explain their risks to banks, insurers and customers.

• Learn from your own experience how much you already know about risk

• Six months to complete and review the course

Background

In developing the course, the PRORIM project has drawn on decades of experience of practising, teaching and researching risk management. The partners came together to develop this course include the Institute of Risk Management, AIRMIC, the University of Verona, FERMA (the Federation of European Risk Managers) and risk management organisations from Germany (DVS), Italy (ANRA) and France (AMRAE).

Course format

The programme consists of e-learning modules that allow people to study in their own time and at their own pace. It focuses on delivering practical guidance so that companies can boost their performance and benefit the bottom line

Each of the PRORIM modules is broken down into short pieces of study of about 10 minutes duration. Students can choose to study online, via a daily e-mail link or by a printout of the appropriate section. Completion of all five modules represents about 8 hours of study

Each module contains a variety of case studies and interactive risk assessment exercises. There are no right or wrong answers; instead users are encouraged to think about the consequences of their decisions and to understand the implications that they might have. What is at first an exercise, on repeated use becomes and invaluable risk assessment tool.

Students enrolling on PRORIM have 6 months to complete the course, with completed learning materials available for students to revisit as they choose throughout the course.

Content

PRORIM is comprised of five modules:

• Strategy

Organisations need to be clear about what they are trying to achieve and that the strategy is robust enough to cope with the challenges that lie ahead

• Sales & Marketing

For Sales and Marketing to come to fruition understand what potential customers want and why they will buy a particular product or service

• Finance

A company's strategy will influence financial decision making

• Human Resources

Dealing with the recruitment, retention or departure of any employee means there are risks to be considered

• Business Continuity

Effective BCM is linked to a sound understanding of the business processes and risks associated with the strategy

Price

£260 (+VAT) per person

or

€375 (+VAT) per person

PRORIM is designed to be taken by individuals, and it can also be rolled out as in-house training, with options to include an organisation’s own case studies, and add branding.

PRORIM is available now as in-house training.

Background

The project was funded by a European Union grant under the Leonardo da Vinci vocational training programme.

An opportunity to learn practical risk management

For information on other courses please see IRM Courses