Risk Governance and Decision Making
  • CODE : MABO-0003
  • Duration : 60 Minutes
  • Level : Intermediate
  • Add To Calendar
  • Refer a Friend

Dr. Mark Bojeun, Ph.D., MBA, PgMP, PMP, PMI-RMP, is the author of "Program Management Leadership: Creating Successful Team Dynamics" and has more than 25 years of experience in providing strategic management and leadership through portfolio, project and program management.  His experience includes developing and managing multi-million dollar portfolios, facilitating the achievement of strategic objectives and creating best practice processes for program and project management offices (PMO). Dr. Bojeun is the Chief Technology Officer at Project Concepts (www.pconcepts.net) and speaks around the globe on leadership, team building, emotional intelligence and program/project management. Mark writes about business intelligence and business requirements. See Mark's Articles



In this engaging session, designed to provide valuable insights within a limited time frame, we will delve into the dynamic realms of risk governance and informed decision-making. From foundational principles to practical applications, you will gain actionable tools to navigate complexities, seize opportunities, and achieve outcomes that align with your strategic vision.

Key Points:

  • Solidifying Risk Governance: Discover how establishing robust risk governance frameworks empowers organizations to identify, assess, and manage risks systematically.
  • Decision-Making Empowered by Risk Insights: Uncover how integrating risk information into decision-making processes equips you with the foresight to make informed choices in a rapidly evolving landscape.
  • Strategic Alignment: Explore the synergy between risk governance and strategic alignment, ensuring that your projects stay on course to meet organizational objectives.
  • Balancing Acts of Risks and Rewards: Delve into strategies for striking the right equilibrium between taking calculated risks and optimizing potential rewards.
  • Transparency and Accountability: Learn how effective risk governance nurtures a culture of transparency and accountability, enhancing your leadership and organizational impact.

Why Should You Attend

Attending this session is a strategic investment in your professional growth and project success. By dedicating your time, you will:

  • Unlock Strategic Insight: Gain a comprehensive understanding of how risk governance and decision-making align with organizational strategies for tangible impact.
  • Enhance Decision-Making: Acquire practical strategies to navigate uncertainties, making informed decisions that advance projects and careers.
  • Expand Your Toolkit: Add valuable tools to your project management toolkit, elevating your skills and setting you apart in a competitive landscape.
  • Network and Collaborate: Engage with like-minded professionals, fostering relationships that can lead to collaborations, mentorships, and career opportunities.
  • Stay Current: Stay up-to-date with industry best practices, empowering you to adapt and excel in a rapidly evolving business environment.

Join in this transformative discussion as we explore the dynamic duo of risk governance and informed decision-making. Your active participation is essential to creating a collaborative and enriching dialogue that resonates with your professional journey. Let's embark on this journey together toward mastering the art of steering projects to lasting success.

Course Level - This will be an intermediate to advanced course dealing with governance models, procedures, and processes.

Topic Background

  • Risk Governance and Decision Making: Greetings, distinguished participants, and welcome to our round table discussion on "Risk Governance and Decision Making." In this honored session, where we'll delve into the critical intersection of effective risk governance and informed decision-making. In the world of complex projects and dynamic environments, mastering these elements is pivotal for achieving successful outcomes.
  • Navigating Risk Governance: In today's rapidly changing landscape, risk governance lays the foundation for resilient and proactive decision-making. It encompasses the policies, processes, and structures that guide how an organization identifies, assesses, and manages risks. By establishing a robust risk governance framework, organizations can ensure that risks are addressed holistically and consistently.
  • Informed Decision-Making Amid Uncertainty: Every decision in a project carries inherent risks. Effective risk governance empowers decision-makers with the insights needed to evaluate potential outcomes, both positive and negative. By embracing uncertainty and leveraging risk information, organizations can make more informed choices that lead to strategic advantage.
  • Aligning Risk with Strategy: Risk governance bridges the gap between strategic objectives and daily operations. When risks are effectively integrated into decision-making processes, organizations can ensure that their actions are aligned with their goals, values, and long-term vision.
  • Balancing Risks and Rewards: In the pursuit of innovation and growth, organizations often encounter opportunities that carry substantial risks. Effective risk governance guides leaders in striking the delicate balance between taking calculated risks and safeguarding against adverse consequences.
  • Transparency and Accountability: Risk governance encourages transparency and accountability by clarifying roles and responsibilities. When decision-making processes are well-defined and understood, organizations can hold individuals and teams accountable for their risk-related actions.

Discussion Questions:

  • Question 1: Centralized vs. Decentralized Risk Governance
    Opposing Sides: Should risk governance be centralized to maintain consistency, or decentralized to adapt to unique project needs?
  • Question 2: Short-Term vs. Long-Term Risk Strategy
    Opposing Sides: Is it better to prioritize short-term risk mitigation or to invest in long-term strategies that may yield greater rewards but carry higher uncertainties?
  • Question 3: Inclusivity vs. Efficiency in Decision-Making
    Opposing Sides: Should decision-making involve a wide range of stakeholders for thorough input, or is swift decision-making more important even if it sacrifices some perspectives?
  • Question 4: Risk-Taking Culture vs. Risk-Averse Approach
    Opposing Sides: Is it more beneficial to foster a culture that encourages calculated risk-taking, or should organizations adopt a more risk-averse stance?
  • Question 5: Trade-Offs between Governance and Agility
    Opposing Sides: How can organizations strike the right balance between implementing comprehensive risk governance and maintaining the agility needed to adapt quickly to change?

These questions delve into the complexities of risk governance and its influence on decision-making, sparking engaging discussions that encompass varying viewpoints. By exploring these topics, we can collectively deepen our understanding of how effective risk governance shapes organizations and ultimately paves the way for successful outcomes.

  • $160.00



Webinar Variants


contact us for your queries :

713-401-9995

support at grceducators.com



  • Contact
  • Membership
  • Subscribe
  • Secure Payment