Introduction

Modern organisations operate in environments where uncertainty, volatility, and complexity are constant. Operational leaders must balance opportunity and risk, recognising that unmanaged risk can threaten assets and continuity, while overly cautious decisions can erode performance and competitiveness. This Risk Based Operational Decision Making training course addresses how organisations can systematically integrate risk considerations into everyday operational decisions to achieve sustainable results.

The course examines common shortcomings in traditional decision-making and demonstrates how risk-based approaches improve judgement, consistency, and outcomes. It provides a practical framework aligned with recognised standards and best practices, clarifying roles, responsibilities, and governance mechanisms. Participants develop the capability to embed risk-informed decision-making into operational processes, culture, and systems, enabling confident leadership in turbulent conditions.

Key Learning Outcomes

At the end of this training course, participants will be able to:

 

Training Methodology

This training course uses a structured, interactive learning approach combining facilitated instruction, applied discussion, and practical exercises. Participants analyse real operational scenarios and case studies to strengthen understanding of risk-based decision processes and to build confidence in applying these methods within their own organisational contexts.

Risk Based Operational Decision Making

Who Should Attend?

This training course is ideal for professionals seeking to…

  • Operations and business unit managers
  • Senior supervisors and operational leaders
  • Risk management and governance professionals
  • Project and performance management specialists
  • Compliance and assurance practitioners
  • Managers responsible for operational decision-making

Course Outline

Day 1

What is Risk Based Operational Decision Making?

  • Management Decision Making, in Theory & Practice
  • Decision Making under Certainty, Uncertainty & Risk
  • Defining Risk Based Operational Decision Making
  • The Risk Based Operational Decision Making Process
  • Role of Risk Based Operational Decision Making in Contributing to Performance and Competitiveness
  • Decision Analysis Structures Do’s & Don’ts
Day 2

The Principles and Practice of Risk Management

  • Concepts & Definitions of Risk, Risk Management & ERM
  • Defining a Framework for Managing Risk
  • Use of ISO 31000:2018 and other Relevant Standards
  • Place of Risk Management within ISO9001 and other Management System Standards for Management Decision Making & Practice
  • Options for Risk Criteria, Assessment, Identification, Analysis and Evaluation
  • Risk Based Operational Decision Making within ERM
Day 3

Developing a Framework for Risk Based Operational Decision Making

  • The 3 Lines of Defence
  • Alignment between Risk Management Policy and the Organization
  • Responsibilities, Stakeholders, Reporting & Options
  • Importance of Engagement & Culture  
  • Quantitative & Qualitative Risk Modelling and Reporting
  • Ensuring Risk Management becomes part of Significant Decision-making
Day 4

Implementation and Making It Work

  • Developing & Deploying Appropriate Strategy
  • The Implementation Process
  • People, Processes & Resources
  • Transition Rules
  • Common Shortfalls & Avoiding Bad Practices
  • Likely Barriers to Implementation
Day 5

Making It Work Better

  • Deploying & Utilizing Key Risk Indicators
  • Leadership & Structural Change
  • Continuous Improvement & Lessons Learnt
  • Future Considerations

International Standards & Professional Alignment

Our training courses are aligned with internationally recognised professional standards and frameworks across leadership, strategy, finance, governance, risk, compliance, and audit. By integrating globally trusted models, we ensure learners develop practical, relevant, and industry-recognised capabilities.

Our trainings draw on leading international standards and professional frameworks, including ISO, ISACA, COSO, OECD, IIA, FATF, Basel, IFRS/ISSB, GRI, NIST, CPD, ILM and the OECD AI Principles. This alignment ensures consistency with global best practices across financial management, risk oversight, digital governance, sustainability, and strategic decision-making..

Designed in alignment with globally recognised professional bodies, our courses support continuous professional development, strengthen organisational capability, and provide clear pathways toward professional certifications valued worldwide.

Ready to Take the Next Step?

Reserve your slot today and start your learning journey with us.

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FAQs

Risk-based operational decision making integrates risk assessment into routine operational decisions. This training course demonstrates how structured risk consideration improves consistency, performance, and resilience.  

The course focuses specifically on embedding risk into operational decisions rather than treating risk as a separate process. It links decision-making directly to governance, performance, and organisational objectives.  

Yes, the training course aligns risk-based operational decision making with recognised international standards and best practices, ensuring relevance to regulated and non-regulated environments.  

The course is designed for environments characterised by uncertainty and change. It equips participants with practical frameworks to manage risk effectively while maintaining operational momentum.  

Participants gain the ability to improve decision quality, strengthen risk governance, and support organisational performance through disciplined, risk-informed operational decision-making.  

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