Risk management
This course provides an overview to the key elements, processes and approaches to successful risk management.
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Course Type
E-learning
Length
3 - 5 hours
What you’ll achieve
- Evaluate risk and understand all elements of risk management
- Categorise risk and create a process to systemise risk management
- Establish the difference between quantitative and qualitative risk assessments
- Integrate risk monitoring into your organisation
- Profile risk and identify organisation-wide approaches to risk management.
About this course
Risks can occur anywhere in an organisation, therefore, integrated and organisation-wide approaches to risk management are key to minimising negative consequences. This course provides an overview to the key elements, processes and approaches to successful risk management.
Overview
E-learning |
|
3 - 5 hours |
|
Risk Management |
Syllabus
Understanding risk management
- What is risk management?
- Creating a holistic approach
- Corporate governance and risk management
- Starting out
- Risk analysis
- The spectrum of risk
- Risk assessment
- Managing risk and change
Systemising risk management
- Risks faced by business
- Pure risks
- External risks where some control is possible
- Internal risks
- Risky business
- Flawed decision-making
- Biased thinking
Processes and procedures
- Approaches to decision-making
- Quantifying risk
- Qualitative risk assessment
- Controlling risk
- Mapping risks
- Determining the probability of a risk
- Vulnerable business areas
- Responding to assessed risk
- Integrated risk monitoring
Making improvements
- Risk profiling
- The nature of the organisation as an organisation
- Individuals within the organisation
- Keeping it moving
- The influence of external factors
- The nature of the industry
- Organisation-wide approaches
- Problem areas
- Preparing for the unexpected.
How to access
You will be directed to an external site to complete purchase and VAT will be applied at checkout.