Event Date

INDIA - 17/11/2017 - 18/11/2017

Event Description

Operational Risk Management - Mumbai

 Achromic Point Academy takes this opportunity to inform and invite you to our upcoming International training onOperational Risk Management” along with Crest Advisory Africa in the city of Mumbai on 17th & 18th November, 2017.

Operational Risk is the frontline where the biggest gains and losses are occurring within a business environment, so it has direct influence on an enterprise reaching its contractual and financial objectives. The critical elements of any operation are Time, Cost and Quality, which hold specific risks that could affect business deliverables.

The aim for this workshop is to provide delegates with a theoretical foundation what operational risk consists of, and how this strategy can be used to proactively manage the various risks involved in such a way that operational business objectives are achieved in an optimum way.


*Global Content

*International Faculty


  •  An overview of typical Operational Risk Management Frameworks (Clause 4 of ISO – 31000), based on various approaches regarding the components of such a framework.
  • Focusing on the main components of an Operational Risk Management Framework and the enhancement towards the implementation and maintenance of effective and efficient Operational Risk Management
  • Risk Identification
  • Risk Analysis
  • Risk Evaluation
  • Exposure to the template Operational Bowtie Technique (ISO 31010:2009)
  • The Four Phase Strategy in Risk Treatment:

o   Risk Appetite

o   Risk Tolerance

o   Risk Monitoring

o   Risk Control

  • An Overview of the Practical Implementation of the main Operational Risk Management methodologies
  • Risk and Control Self-Assessments


Mr. Nico Snyman – Risk Expert and Project Director

Nico is Certified Fellow member (FIRMSA), the highest membership accolade within the Institute of Risk Managers of South Africa (IRMSA), validating the in-depth knowledge he has regarding the Risk Management Discipline as well as the diversity of Risk Management methodologies he has been exposed over the span of his career.

He has been involved in the Risk Management (Enterprise, Project and Operational), Project Management, Business Continuity and Corporate Governance environment for the past 34 years, within public and private sectors and on various levels of the organisations, representing Executive committees and having seats on Boards.

Nico provides Training and Management Consulting Services since 2014 and has trained over 200 executives across all industries, Rail, Mining, Tertiary Education, Public Sector, Corporates, property, etc. He is also consulting within these environments to drive ERM Maturity within organisations. 

·         Mr. Everhard Carstens – Governance Advisor and Trainer 

Everhard is a CIA and skilled Corporate Governance Trainer, is focused on delivering value to clients (through consulting, auditing and training), by improving Organisational Governance programmes and related Risk Management, Business Continuity (BCM), Crisis Management and ICT Service Continuity (IT DR) capabilities.

Everhard Carstens has been involved in professional consulting services for 20 years in operational, assurance and management consulting capacities.

Everhard has in-depth experience across industries including Mining, Manufacturing, Managed and Outsourcing services, Telecommunications, Investment and Asset Management, Financial Services, Water Services and various Public entities including Government Agencies and Municipalities.

*One of the above faculties will be conducting the training in each location


17/11/2017 - 18/11/2017


Opening Day Time: 9:00 am - 5:00 pm
Closing Day Time: 9:00 am - 5:00 pm




Download Link : Operational Risk Management_v1.pdf

Registration Fees

INR 31,999.00

Event Calender

April 2017 May 2017 June 2017 August 2017 September 2017 October 2017 November 2017