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

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.

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.

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

  • 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)
  • 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 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
  • 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
  • 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

Certificate and Accreditation

  • AZTech Certificate of Completion for delegates who attend and complete the training course The applicable PMI Professional Development Units/Contact Hours will be reflected in the Certificate of Completion
  • 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.

Accreditation

PMI Approved Training Courses

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Frequently Asked Questions

Common questions about our training courses

Yes, we offer tailored corporate training solutions to meet your organization's specific needs. Please contact us at [email protected] or call +971 4 427 5400 for more information.

The training fees include full access to the training venue, along with comprehensive training materials to enhance your learning experience. Additionally, participants will be provided with writing supplies and stationery. To ensure comfort and convenience, the fee also covers lunch and refreshing coffee breaks throughout the duration of the course.

Our training programs are hosted at luxurious five-star hotels in prestigious destinations across the globe. Some of our popular locations include Dubai, London, Kuala Lumpur, Amsterdam, New York, Paris, Vienna, and many other iconic cities.

There are several convenient ways to register for our training programs:

  • Online: Explore our training calendar, choose the course that suits your needs, and click the “Register Now” button on the course details page.
  • Email: Share your details, including your name, organization, email address, and selected course, by sending an email to  [email protected]
  • Phone: Reach out to us directly at +971 4 427 5400 or +971 4 427 5407, and our team will guide you through the registration process.

Once your registration is successfully completed, you will receive a confirmation email within 24 hours. This email will contain your registration details, invoice, and the necessary joining instructions for the course.

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