Fundamentals of Risk Management

Virtual Workshop



The traditional role of risk management is to protect the organization from negative deviations in a downside tail. Learn how understanding the fundamentals of risk management can be used to form decisions beneficial to your organization. Examine the building blocks inherent in risk management frameworks and determine the approach needed to meet your organization’s need.

Attendees evaluate the purpose, function and process of risk management. Our professional instructor will help participants keep track of their learning through “aha” moment worksheets and interactive discussion. Learn why and how executives use these fundamentals to create, protect and realize enterprise value.

Registration Fees
RIMS Members: $775 USD | Non-members: $1,175 USD (review registration details below)

Download the Workshop Outline



October 3-4 | 9:00 am–3:00 pm ET
Registration Closes October 2 | Enroll Now

Instructor: Elise Farnham, President, Illumine Consulting



Workshop participants will walk away with the ability to:

  • Understand the basics and evolution of risk management
  • Navigate the dynamic universe of risk management from a beginner’s standpoint
  • Know risk management as a function, a process, a discipline and a profession
  • Extend knowledge of risk management purpose and principles to your organization
  • Use a foundational understanding of risk management processes, tools and techniques for real-world business application
  • Understand risk management as a discipline for decision making


This program is for professionals new to risk management, non-risk professionals who are interested in learning more about the discipline, and those who need a refresher on the foundations.  

RIMS education courses are designed primarily for risk and insurance professionals, but anyone within an organization who wants to learn more about a specific topic of interest is encouraged to attend.

Level: Entry

Formats: Live virtual, in-person, corporate or RIMS chapter training.
Contact regarding corporate and chapter training.



October 3-4, 2024

RIMS Members: $775 USD
Non-Members: $1175 USD


For registration assistance, please contact our Professional Development Team at

Cancellations and Refunds

RIMS reserves the right to cancel a course if conditions warrant. In the event of such a cancellation, registration fees will be refunded.

All requests for refunds or changes must be submitted in writing to RIMS at Registrants who cancel 15 business days or more prior to the start of the workshop can receive a credit to attend another workshop with the same duration and cost within three months.

You may cancel your registration at any time by emailing Cancellations received more than 30 days prior to the start of the event will receive a 100% refund. Cancellations received 15 to 30 days prior to the start of the event will receive a 50% refund. No refunds will be provided for cancellations received less than 15 days prior to the event. No refunds will be issued after the event. All refunds will be refunded to your original method of payment. Registrations may not be shared but may be transferred at no cost up to 15 days prior to the start of the event with notification to