To equip middle and senior managers in the public service risk management environment with the necessary knowledge and skills to enable them to apply risk responses to risks in a public sector entity and to report on risk management in a public sector entity.This will enable the public sector entity and the accounting officer or accounting authority, as the case may be, to comply with the requirements relating to the implementation and maintenance of the risk management system set out in the Public Finance Management Act (PFMA) and Municipal Finance Management Act (MFMA). The institutional capacity challenges to achieve clean audit reports by a number of public sector entities indicates that risk management systems are not implemented or, if implemented, are not achieving their full objectives.This course aims to contribute towards rectifying this situation and improving risk management across all spheres of government.
This course is aimed at middle and senior managers in the public sector risk management environment and also at any public service official tasked with risk management responsibilities, whether directly or indirectly. This includes members of oversight committees or staff members with assurance functions.
Minimum Requirements for Enrolment
It is recommended that learners attending this course should possess the following:
- Communication at NQF Level 4;
- Mathematical literacy at NQF Level 4;
- Introduction to the Public Service Risk Management Framework;
- Working knowledge of the Public Service Risk Management Framework (PSRMF).
A learner credited with this unit standard should be able to:
- Demonstrate an understanding of the PSRMF in context;
- Identify relevant information and perform a risk response, including assigning ownership and outlining the roles and responsibilities of experts in risk response;
- Demonstrate the ability to document risk response;
- Identify the elements of fraud prevention and the fraud prevention plan and assist with its implementation;
- Identify the stakeholders in risk reporting as well as do the actual reporting and interpret risk management reports;
- Identify the stakeholders who have risk management responsibilities.
The course is non-credit bearing. After successful completion of the summative assessment, the learner will receive a Certificate of Successful Completion.
The course consists of five days facilitated training with summative assessments on day three and five. Formative assessments will be conducted during classroom sessions to assess understanding of the knowledge gained.
This course is presented over five (5) working days.