How long is the Operational Risk Management and Mitigation course?

The course runs over 5 days of classroom training, usually Monday to Friday.

When is the next Operational Risk Management and Mitigation course?

The next public date is 16 - 20 Nov 2026 in Barcelona. There are 16 upcoming dates in total.

Where is this course held?

Upcoming sessions run in Barcelona, London, Istanbul, Frankfurt, Geneva, Amsterdam, Kuala Lumpur, Dubai.

Can I take Operational Risk Management and Mitigation online?

Yes. Every date can also be joined live online in a virtual classroom with the trainer, for £1,280 per participant. Choose "Live online" in the dates table when you register.

How much does the course cost?

Fees start from £2,250 per delegate, depending on the city. Fees include tuition and course materials.

Do participants receive a certificate?

Yes. Delegates who complete the course receive a London Leadership Management Innovation certificate of completion.

Can this course be delivered in-house for our team?

Yes. LLMI can tailor and deliver this course privately for your organisation at your premises or in one of our training cities.

Operational Risk Management and Mitigation (LM-033) Training Course

Course overview

Why Attend
Operational risks such as process failures, human error, system breakdowns, supply disruptions, fraud, and regulatory breaches can significantly impact performance and reputation. Organizations need practical frameworks to identify threats early, strengthen controls, and respond effectively when issues arise. This course equips participants with tools to assess operational risk, implement mitigation strategies, improve resilience, and support sustainable operations.

Course Methodology
This course uses an interactive and practical approach through presentations, case studies, risk workshops, group discussions, scenario analysis, control assessments, and real workplace examples.

Course Objectives

Understand the principles of operational risk management
Identify key operational risks across business functions
Apply risk assessment and prioritisation methods
Design effective controls and mitigation plans
Improve incident response and business continuity readiness
Monitor risk indicators and operational performance
Strengthen governance and accountability frameworks
Build a proactive risk culture across the organization

Target Audience

Risk Managers
Operations Managers
Internal Auditors
Compliance Professionals
Project Managers
Business Continuity Teams
Anyone responsible for operational control and resilience

Target Competencies

Operational Risk Management
Risk Assessment
Internal Controls
Business Continuity
Incident Management
Governance Awareness
Problem Solving
Continuous Improvement

Course outline

1Day 1: Foundations of Operational Risk Management
- Definition and importance of operational risk
- Sources of operational risk in organizations
- Categories of people, process, system, and external risks
- Risk governance roles and responsibilities
- Building a risk-aware operating culture
- Introduction to operational risk frameworks
2Day 2: Risk Identification and Assessment
- Techniques for identifying operational risks
- Process mapping for risk discovery
- Risk registers and control inventories
- Assessing likelihood, impact, and velocity
- Prioritising key operational threats
- Key Risk Indicators (KRIs) for monitoring
- Exercise: Build an operational risk register
3Day 3: Risk Controls and Mitigation Strategies
- Preventive, detective, and corrective controls
- Segregation of duties and approval controls
- Managing vendor and third-party risks
- Fraud prevention and control measures
- Designing practical mitigation plans
- Embedding controls into daily operations
- Exercise: Control design workshop
4Day 4: Incident Response and Business Resilience
- Managing incidents and operational disruptions
- Root cause analysis after failures
- Crisis escalation and communication protocols
- Business continuity planning essentials
- Disaster recovery coordination
- Lessons learned and corrective actions
- Scenario exercise: Operational disruption response
5Day 5: Monitoring, Reporting, and Continuous Improvement
- Risk reporting to management and boards
- Operational dashboards and performance metrics
- Auditing operational controls
- Continuous improvement of risk systems
- Building accountability for risk ownership
- Future trends in operational risk management
- Final case study and action planning

Schedule

Dates and fees

16 upcoming dates in 8 cities. Fees are per delegate; bring colleagues and every seat is discounted. Every date can also be joined live online for £1,280.

All dates as PDF

November 2026

16NOV 16 - 20 Nov 2026Mon to Fri · 5 daysNext session

BarcelonaSpain · Classroom

£4,250per delegate2+ people: £3,400 each

December 2026

7DEC 7 - 11 Dec 2026Mon to Fri · 5 daysOur home city

LondonUnited Kingdom · Classroom

£2,750per delegate2+ people: £2,200 each

14DEC 14 - 18 Dec 2026Mon to Fri · 5 days

BarcelonaSpain · Classroom

£4,250per delegate2+ people: £3,400 each

21DEC 21 - 25 Dec 2026Mon to Fri · 5 days

IstanbulTurkey · Classroom

£3,850per delegate2+ people: £3,080 each

January 2027

4JAN 4 - 8 Jan 2027Mon to Fri · 5 days

FrankfurtGermany · Classroom

£3,250per delegate2+ people: £2,600 each

February 2027

1FEB 1 - 5 Feb 2027Mon to Fri · 5 daysOur home city

LondonUnited Kingdom · Classroom

£2,750per delegate2+ people: £2,200 each

March 2027

1MAR 1 - 5 Mar 2027Mon to Fri · 5 days

GenevaSwitzerland · Classroom

£5,250per delegate2+ people: £4,200 each

April 2027

5APR 5 - 9 Apr 2027Mon to Fri · 5 days

AmsterdamNetherlands · Classroom

£4,250per delegate2+ people: £3,400 each

May 2027

3MAY 3 - 7 May 2027Mon to Fri · 5 days

GenevaSwitzerland · Classroom

£5,250per delegate2+ people: £4,200 each

June 2027

7JUN 7 - 11 Jun 2027Mon to Fri · 5 days

IstanbulTurkey · Classroom

£2,850per delegate2+ people: £2,280 each

July 2027

5JUL 5 - 9 Jul 2027Mon to Fri · 5 days

Kuala LumpurMalaysia · Classroom

£2,250per delegate2+ people: £1,800 each

August 2027

2AUG 2 - 6 Aug 2027Mon to Fri · 5 days

AmsterdamNetherlands · Classroom

£4,250per delegate2+ people: £3,400 each

September 2027

6SEP 6 - 10 Sep 2027Mon to Fri · 5 daysOur home city

LondonUnited Kingdom · Classroom

£2,750per delegate2+ people: £2,200 each

October 2027

4OCT 4 - 8 Oct 2027Mon to Fri · 5 days

Kuala LumpurMalaysia · Classroom

£2,250per delegate2+ people: £1,800 each

November 2027

1NOV 1 - 5 Nov 2027Mon to Fri · 5 days

DubaiUnited Arab Emirates · Classroom

£2,550per delegate2+ people: £2,040 each

December 2027

6DEC 6 - 10 Dec 2027Mon to Fri · 5 daysOur home city

LondonUnited Kingdom · Classroom

£2,750per delegate2+ people: £2,200 each

Live online, on the same dates

Join the class in real time from your office or home: live sessions with the trainer, group discussion, course materials and a certificate of completion. Joining details are emailed before the course starts.

November 2026

16NOV 16 - 20 Nov 2026Mon to Fri · 5 daysNext session

Live onlineVirtual classroom · join from anywhere