About The Event
On the 16th to 20th March 2026, IDM – Lesotho through the Business and Information Resource Management (BIRM) discipline facilitated a 5 day short course training on Risk Management for Ministry of Natural Resources Lesotho staff members.
Enterprise Risk Management helps identify and analyse potential issues that could arise during a project or process. Enterprise Risk analysis is used to reduce the impact of a negative event, evaluate whether there are more benefits to a project than risks before initiation, plan the company’s response to emergencies or other adverse events and eliminate risks to the enterprise during a process.
Enterprise Risk analysis is designed to extract, sustain and maintain maximum protection for the preservation and retention of the institution. It allows you to identify the potential benefits and risks of each option, evaluate the likelihood of risks occurring and decide whether to move forward. Once you have identified potential risks, you can determine how to best manage them.
Enterprise Risk analysis can help the organization improve the decision-making process in terms of assessing the impact of strategic risk. The organization can then identify risks that could arise during a project and offer alternatives. This helps develop a comprehensive preventative risk management plan for the enterprise.
IDM commend the Ministry of Natural Resources Lesothofor its continued commitment to capacity building and effective governance and European Union in Lesotho in Lesotho for its support to a noble cause.
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Risk Management Training
Location
IDM Lesotho Campus, Maseru
