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A PMI Approved Training Course

The Role of Risk Management and Governance in Vision 2030 Realization

Increasing the Likelihood of Successful Strategy Implementation

Certified & Accredited By
PMI
Course Options

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Need a tailored solution or group booking discount? Contact our course advisors.

Why Choose Us

The Role of Risk Management and Governance in Vision 2030 Realization Training Course is essential for those striving to contribute to the successful implementation of Saudi Arabia's Vision 2030. Realizing this ambitious vision requires an effective governance structure and a solid risk management framework within organizations. Governance primarily focuses on decision-making, collaboration, and ensuring proper management structures, while risk management is centered around identifying threats and capitalizing on opportunities to ensure smooth execution of strategic initiatives.

This course will explore how governance and risk management interconnect to ensure strategic alignment and successful realization of Vision 2030. By studying the various layers of governance within organizations, participants will gain insight into designing governance frameworks and applying risk management practices that will lead to a more structured and efficient approach to Vision 2030 realization.

Key aspects covered will include:

  • Understanding the role of governance and risk management in strategy execution.
  • Identifying challenges faced during the implementation of Vision 2030 and its related strategies.
  • Exploring governance layers and aligning them with project management offices (PMOs) to improve decision-making.
  • Learning the essential tools and techniques for managing risks and governance across portfolios and projects.

This training course provides invaluable insights and practical tools to ensure effective governance and robust risk management, both critical to achieving Vision 2030's long-term goals.

Why Choose The Role of Risk Management and Governance in Vision 2030 Realization
Course Goals

What are the Goals?

By the end of the Role of Risk Management and Governance in Vision 2030 Realization Training Course, participants will be able to:

  • Design and implement a comprehensive governance framework for strategy execution.
  • Utilize governance and risk processes to choose, define, and initiate the most impactful projects and initiatives.
  • Ensure successful strategy delivery with a focus on mitigating risks and maximizing benefits.
  • Apply best practices in governance, including PMI’s guidelines for portfolios, programs, and projects.
  • Implement risk management strategies to support decision-making under uncertainty.

Who is this Training Course for?

This course is ideal for professionals involved in planning, governance, and strategy execution in alignment with Vision 2030:

  • Senior managers engaged in strategic planning and implementation.
  • Portfolio managers, project managers, and program managers responsible for ensuring alignment with Vision 2030.
  • Risk managers aiming to enhance their understanding of risk management practices in strategic contexts.
  • Leaders responsible for overseeing organizational change and strategy execution.
  • Heads of departments focusing on governance, risk, and strategy alignment.
Learning Approach

How will this Training Course be Presented?

The Role of Risk Management and Governance in Vision 2030 Realization Training Course will utilize a blend of instructional methods designed to maximize learning outcomes:

  • Lectures and case studies will introduce core concepts, including governance and risk management techniques.
  • Interactive workshops will allow participants to apply concepts to real-world scenarios relevant to Vision 2030.
  • Peer learning will be encouraged, enabling delegates to discuss the applicability of various strategies in the context of their own organizations.
  • Group discussions will focus on tackling the challenges of governance and risk management as they pertain to strategic initiatives and Vision 2030.

Participants will leave with a strong grasp of the tools and techniques required to align governance and risk management with their organizational goals.

The Course Content

Governance, Risk and Vision Realization Concepts

  • Course Opening and Pre-Course Assessment
  • Understanding the strategy concepts in relation to governance and risk management
  • Strategy realization pitfalls, and how to overcome them
  • Strategic risk, operational risk and project risk
  • The role of governance and risk in vision 2030 realization
  • Coordination between governance and portfolio management
  • The vision realization office (VRO) and the portfolio, programme and project offices (EPMO)

Governance Functions and Stage Gate Process

  • Differences between management and governance
  • Governance layers: Organizational governance and Project Management Layers
  • Organizational Project Management (OPM) Governance
  • Implementing a PMO with a clear governance roles
  • Portfolio and project governance board(s)
  • Governance and Stage gates process
  • Case Study and Q/A

OPM Governance Domains and its Processes

  • OPM Governance Alignment Domain and its processes
  • OPM Governance Risk Domain and its processes
  • OPM Governance Performance Domain and its processes
  • OPM Governance Communication Domain and its processes
  • Overall Course Review
  • Post Course Assessment

Strategy Implementation and Strategic Risk Management

  • The role of risk management in strategy implementation
  • Decision making under certainty and uncurtaining
  • Overview of Enterprise Risk Management (ERM) and ISO 31000 for Risk Management
  • The guiding principles for strategic risk management
  • Managing strategic and portfolio risks during vision realization
  • Portfolio risk categorization and balancing
  • Portfolio Risk Management framework and Plan
  • Case Study and Q/A

Tools and Techniques for Risk Assessment and Analysis

  • Risk assessment tools and techniques
  • Risk Analysis tools and techniques
  • Risk Treatment tools and techniques
  • Risk Governance tools and techniques
  • Computer-aided simulation of portfolio risks
  • Case Study and Q/A
Recognition

Certificate

  • • AZTech Certificate of Completion for delegates who attend and complete the training course.
Qualifications & Endorsements

Accreditation

PMI

AZTech is an official PMI Authorized Training Partner (ATP). All applicable project management courses are pre-approved by the Project Management Institute, allowing participants to earn the necessary PDUs and Contact Hours for certification and recertification.

Collaborations

In Partnership With

Anderson Copex Coventry

Frequently Asked Questions

Absolutely. AZTech offers customised in-house training where this course can be tailored to your organisation's specific needs, objectives, and industry context. Please contact us directly to discuss your requirements.

Yes. This The Role of Risk Management and Governance in Vision 2030 Realization is offered in a classroom setting across multiple international locations as well as in a live online format, giving participants the flexibility to choose the option that best suits their schedule and learning preference.

AZTech courses are conducted in carefully selected 5-star hotels or 4-star premium hotels in the host city, featuring fully equipped, professional training rooms. Participants will enjoy coffee breaks and snacks throughout the day, as well as a complimentary lunch provided after each training session.

This The Role of Risk Management and Governance in Vision 2030 Realization training course is designed for professionals at all levels who wish to enhance their knowledge and skills in this subject area. It is suitable for managers, team leaders, specialists, and anyone looking to advance their career and professional development.

AZTech provides round-the-clock support to assist you with any enquiries. You can reach our team 24/7 by phone at +971 50 195 5668, by email at [email protected], or by visiting our website at www.aztechtraining.com. Our dedicated training consultants are always on hand to help you with course selection, registration, scheduling, and any other questions you may have.

There are no formal prerequisites for this The Role of Risk Management and Governance in Vision 2030 Realization course. It is open to all professionals regardless of their background or experience level, though a basic understanding of the subject area may be beneficial.

AZTech courses are delivered using a highly interactive and practical methodology, combining presentations, group discussions, real-world case studies, exercises, and workshops to ensure participants can immediately apply what they have learned in their professional environment.

Yes. Participants who successfully complete the course will receive an AZTech Certificate of Completion. This course may also be eligible for Training credits, which will be indicated in the course details.

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