Fundamentals of Risk Management 7: Risk Monitoring
Risk monitoring is within the broader ecosystem of the risk management process.
It involves maintaining continuous awareness of an organisation's risk environment as well as its risk management programme and associated activities to support risk decisions.
Our Risk Monitoring course will help you understand the importance of monitoring risk and implementing a risk and control monitoring programme.
- 40 Minutes
- All staff
- Based on best-practice risk management frameworks and suitable for global audiences.
Learning objectives
- Understand the importance of risk monitoring within the context of the Management of Risk (MoR) framework
- Distinguish between periodic and continuous risk monitoring
- Understand why continuous risk monitoring is essential and the benefits it provides to our Company
- Implement a risk and control monitoring programme
- Identify risk and control monitoring programme implementation challenges
- Understand how the three lines of defence responsibilities in relation to risk monitoring
What can you expect your employees to learn?
Welcome
- Learning objectives
- How to complete this course
What is risk monitoring?
The Management of Risk (MoR) framework
- How does a company monitor risks & controls?
What is continuous risk monitoring?
- Scenario: using technology for continuous monitoring
- The right way to do continuous monitoring
- Current content: Why continuous risk monitoring is essential
What are the benefits of continuous risk & control monitoring?
How to implement a risk & control monitoring programme
- Implementing a risk & control monitoring programme: True or false?
What do the regulators say about risk & control monitoring?
Risk & control monitoring programme implementation challenges
- Tackling risk monitoring programme implementation challenges
The Three Lines of Defence & how they support risk monitoring
- You decide: The roles of the three lines of defence in risk monitoring
Summary
Affirmation
Assessment
Does your company have…
Under 50 employees?
We recommend our CoreCompliance, our solution, perfect for smaller teams. Start your training immediately with pre-configured, ready-to-go courses.
Over 50 employees?
We have a range of flexible pricing plans to suit your unique needs. Choose from off-the-shelf course libraries or a customised, bespoke approach to reach your compliance learning goals.
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Your questions, answered
Common FAQs
Are the courses SCORM-compliant?
Yes. This means they can be delivered via the Skillcast Portal or any other SCORM-compliant Learning Management System.
What other tools are needed beyond training?
A comprehensive compliance solution often needs more than just training. Alongside e-learning, tools like declarations, surveys, and registers that track compliance tasks are usually essential. Skillcast provides full support to help you set up these additional tools.
Can users only view the courses assigned to them?
No. All users can view all the courses in your Portal. Additionally, some of these courses may be mandatory, requiring completion by the given deadline.