By the end of this workshop, you will be able to:
•Understand basic financial terminology
•Enhance your decision-making skills by integrating financial management concepts into your thinking
•Control the flow of money through your department
•Understand the budgeting process and forecasting techniques
•Define risk and risk management
•Establish a risk management context
•Describe the 7 R’s and 4 T’s that form the framework of risk management activities
•Design and complete a basic risk assessment
•Determine the appropriate response to risks and create a plan for those responses