Risk Management in the Public Sector Training

Risk Management in the Public Sector Training

Public sector risk management: principles, frameworks, assessment, mitigation, monitoring.

|
Platform:
Online
In-class
Revised and Updated: 23 October 2026
Date Venue Duration
26 - 28 October 2026 Sandton, Gauteng 3 Days
07 - 09 December 2026 Sandton, Gauteng 3 Days
01 - 03 February 2027 Sandton, Gauteng 3 Days
15 - 17 March 2027 Sandton, Gauteng 3 Days
03 - 05 May 2027 Sandton, Gauteng 3 Days

Course Introduction

Prospen Africa’s Risk Management in the Public Sector Training aims to empower public sector employees and leaders with the knowledge and skills needed to effectively manage risks, protect public assets, and make informed decisions in the interest of government agencies and organizations.

Course Objectives

Upon completing the Risk Management in the Public Sector Training, participants should achieve the following outcomes:

 

  • Comprehensive Understanding: Participants will have a thorough understanding of risk management principles, including risk identification, assessment, mitigation, and monitoring.

  • Regulatory Compliance: They will be aware of the regulatory framework governing risk management in the public sector, ensuring compliance with relevant laws and standards.

  • Effective Risk Assessment: Participants will be able to identify, assess, and prioritize risks effectively, allowing organizations to focus their resources on high-priority risks.

  • Strategic Alignment: Participants will know how to integrate risk management into strategic planning, ensuring that risk considerations are an integral part of decision-making.

  • Risk Culture: They will be equipped to foster a risk-aware culture within their organizations, encouraging proactive risk management at all levels.

  • Communication Skills: Participants will have improved communication skills related to risk management, enabling them to convey complex risk information clearly and effectively.

  • Risk Monitoring and Reporting: They will be capable of implementing ongoing risk monitoring processes and producing meaningful risk reports for decision-makers.

  • Practical Application: Participants will be able to apply risk management principles in practical scenarios, including developing risk mitigation plans and strategies.

  • Certification: Participants will receive certificates of completion, indicating their proficiency in public sector risk management.

Who should attend?

  • Public sector employees, managers, and leaders responsible for risk management within government agencies and organizations.
Audit, Risk and Governance courses

Training Methodology

Our diverse instructional approaches ensure effective learning:

– Lectures & Presentations: Engage with expert-driven, stimulating content.
– Course Material: Access well-crafted supporting resources.
– Group Work: Collaborate on discussions and case studies for practical insights.
– Workshops & Role-Play: Participate in immersive, scenario-based activities.
– Practical Application: Focus on applying theoretical knowledge in real situations.
– Post-Training Support: Receive extensive support after training for skill implementation.

Training Outline

Module 1: Introduction to Public Sector Risk Management
Session 1: Welcome and Overview
  • Introduction to the training program.
  • Importance of risk management in the public sector.
  • Objectives of the training.
Session 2: Fundamentals of Risk Management
  • Definition of risk.
  • Types of risks (strategic, operational, financial, compliance).
  • Risk management framework.
Session 3: Regulatory Framework
  • Risk governance and board
  • The risk universe
  • King IV
  • Understanding COSO and ISO 31000:2018
  • Regulatory regime and its impact
  • Public sector view of ERM
  • Legal and compliance considerations in the public sector.
Session 4: Risk Management Process
  • Risk identification.
  • Risk assessment.
  • Risk mitigation and control.
  • Risk monitoring and reporting.

Module 2: Risk Assessment and Mitigation
Session 5: Risk Identification Techniques
  • SWOT analysis.
  • Risk registers.
  • Historical data analysis.
Session 6: Risk Management Process
  • Probability and impact assessment.
  • Risk prioritization and ranking.
  • Risk appetite and tolerance.
Session 7: Risk Mitigation Strategies
  • Risk avoidance.
  • Risk reduction.
  • Risk transfer.
  • Risk acceptance.
Session 8: Developing Risk Mitigation Plans
  • Action plans and responsibilities.
  • Key performance indicators (KPIs) for monitoring progress.

Module 3: Implementation and Monitoring
Session 9: Risk Culture and Communication
  • Building a risk-aware culture in the public sector.
  • Effective risk communication within organizations.
Session 10: Integration with Strategic Planning
  • Aligning risk management with organizational goals and objectives.
  • Incorporating risk into strategic planning.
Session 11: Risk Monitoring and Reporting
  • Establishing key risk indicators (KRIs).
  • Creating risk dashboards and reports.
  • Escalation procedures for high-risk situations.
Session 12: Case Studies and Practical Exercises
  • Analysing real-world public sector risk management cases.
  • Group exercises and discussions.
Session 13: Review and Q&A
  • Recap of key concepts and takeaways.
  • Open discussion for questions and clarifications.
Session 14: Certification and Conclusion
  • Evaluation and assessment.
  • Distribution of certificates.
  • Closing remarks and future steps.

Course Categories

Get a Quote Banner Outline

Request a Call Back

Your submission has been successful

Please check your email for confirmation

Success Stories

Discover how our courses enhance professionals’ effectiveness in their workplaces.

Central Bank of Lesotho

Fraud Risk Management

The Fraud Risk Management training was clear, practical, and very relevant to day-to-day work. Content was well structured and the real world case studies made concepts easy to apply. Presenter knowledge and engagement kept the session interactive. Overall a valuable program that strengthened my understanding of fraud detection, prevention, and regulatory requirements.

Central Bank of Lesotho

Fraud Risk Management

The facilitator was exceptionally good, approachable eloquent and was able to structure the course content to relate to our specific work designations, it was just perfect service delivery

Central Bank of Lesotho

Fraud Risk Management

Keep up the good work which I experienced during my training being training materials offered and great hospitality we received from all the staff members

Centenary Rural Development Group Ltd

Risk Management for Risk champions

Very informative course with good content and benchmarks of key players in South Africa. We are able to agree a plan on how to build an enterprise risk management framework for a developing group of companies. Several references to guide us and experienced Facilitators

GEMS

Auditing the ESG Process Masterclass

Very happy with the training. It was excellently delivered and comprehensively covered all critical aspects of ESG and effectively contextualised them within the environments of our respective organisations.

North West Gambling Board

Risk Management in the Public Sector

The course was eye opening and exceeded my expectations.

FAQs – Risk Management in the Public Sector Training

Master public sector risk management, learning regulatory compliance frameworks (ISO 31000, COSO), risk assessment methodologies, strategic risk integration, and monitoring protocols to protect public assets and ensure governance accountability.

What is covered in the Risk Management in the Public Sector Training course?
The course covers public sector risk governance frameworks, Public Finance Management Act (PFMA) and Municipal Finance Management Act (MFMA) compliance, public sector risk identification, fraud and corruption prevention, supply chain risk management, and National Treasury risk guidelines.
Who should attend this Public Sector Risk Management Training?
This training is designed for accounting officers, chief risk officers, internal auditors, municipal managers, risk committee members, project directors, and senior officials across government departments, state-owned entities, and municipalities.
How does this course align risk management with public sector legislative mandates?
Delegates learn how to integrate structured risk management frameworks with South African public sector legislation, including the PFMA, MFMA, and King IV supplements for organs of state, ensuring audit readiness and statutory compliance.
Will delegates learn how to manage risks in public sector supply chain management (SCM)?
Yes. The curriculum explores identifying vulnerabilities in public procurement, preventing tender irregularities, managing supplier non-performance, and establishing robust fraud prevention controls within SCM processes.
Does the masterclass address the functioning of public sector Risk Committees?
Yes. Practical sessions cover establishing effective Risk Management Committees, drafting robust terms of reference, structuring risk reporting lines to accounting officers, and collaborating effectively with internal and external audit bodies.
Why is formal risk management crucial for public sector institutions?
Effective risk management in the public sector ensures efficient delivery of public services, prevents irregular and fruitless expenditure, protects state assets, and achieves clean audit outcomes required by the Auditor-General.

Related Courses

Your submission has been successful

Please check your email for confirmation