Scenario Analysis in the Public Sector
3 days|Delivered on request
Scenario Analysis in the Public Sector takes the discipline and works it through the constraints of this operating context, including risk reporting to the board, business continuity planning and the compliance obligations that come with it. The sector framing is necessary because risk registers are widely maintained and rarely used in an actual decision, and generic training rarely survives contact with the local rules. Delegates leave able to work confidently with risk appetite and tolerance, scenario analysis and control testing in their own organisation.
What delegates leave able to do
- Review risk appetite and tolerance and say plainly whether it is working, measured against the three lines model
- Bring scenario analysis into line with current good practice
- Spot where control testing is failing before it becomes a finding
- Make a decision about third party risk without waiting for a specialist
What the course covers
- Risk reporting to the board
- Business continuity planning
- Risk appetite and tolerance
- Scenario analysis
- Control testing
- Third party risk
- Internal audit interface
Who should attend
- risk champions in operating units
- audit and risk committee members
- internal auditors
- governance and assurance practitioners
