Risk Management

This practical course structures your knowledge of risk management and enhances the competences required to identify, classify, evaluate and manage various risks that could prevent an organisation from achieving its strategic goals.

Learning objectives

  • Identify and evaluate risks and their sources that can impede the implementation of strategy.
  • Diagnose significant, unusual and emerging risks to which the business is exposed.
  • Develop and implement appropriate risk mitigation.
  • Design and implement risk reporting systems and communicate to both internal and external stakeholders.
  • Advise on the application of the risk management policies and industry best practices.

Additional information

Target audience

Senior and middle management, risk managers, internal controllers, internal auditors, business process analysts

Timing and delivery

16 academic hours. Sessions can be in-person or delivered virtually:
- 2 days (9:00 – 16:30)
- 4 webinars (9:00 – 12:15)
We offer this course in a closed form, tailored to the needs of a given client.


Training program

The training program below is a sample and can be modified to meet the unique business needs of the organization.

Evolution of modern
risk management
  • Risk management standards.
  • Benefits of integrating ERM with business.
  • Components and principles of COSO 2017.




ERM component No.1
– governance and culture

  • Board risk oversight.
  • Board risk oversight
  • Establishment of operational structures
  • Defining the desired culture.
  • Demonstrating commitment to core values.
  • Attracting, developing and retaining capable individuals.



ERM component No.2 – strategy and

  • Business context analysis.
  • Definition of risk appetite.
  • Evaluation of alternative strategies.
  • Formulating business objectives.


ERM component No.3
– performance

  • Risk identification.
  • Risk severity assessment.
  • Risk prioritization.
  • Risk response measures.


ERM component No.4
– review and revision

  • Assessment of substantial changes.
  • Review of risk and performance.
  • Pursuing improvement in ERM.


ERM component No.5
–  information, communication and reporting

  • Use of information and technology.
  • Communication of risk information.
  • Risk, culture and performance reports.
  • ERM monitoring and self-assessment.

Organisational information

Number of participants

The Client can include up to 20 members of their team in the session.


Please contact us. Because of flexible deployment of the program, the price is determined individually and will depend on the scope and unique business needs of the client.

Proposed date

Please contact us. The training session will be delivered at a time agreed upon by PwC’s Academy and the Client. Trainers will be dedicated to conduct the training session according to their availability.


PwC Academy office Polna 11 Warsaw, 00-633, Poland Any other available place.

Contact us

Svitlana Zasukhina

Trainer, Senior Manager, MBA, CFA, ACMA/CGMA, CIA, PwC Poland

Tel: +48 519 062 937

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