This course has been designed to introduce external and internal drivers that can result in a range of operational, financial and strategic risks manifesting in organisations. This course examines the role of corporate governance and compliance, introducing relevant standards, and suggest methods of developing and implementing appropriate risk-management strategies. In this course, users will not only learn compliance but also learn how to develop useful risk-management skills, including some of the effective tools available for identifying, assessing and quantifying risk.
Upon the completion of this course, users will be able to:
• Understand the basic theories and concepts in risk management and the relationship to areas of finance, operations, IT, innovation and development.
• Demonstrate the use of the valid and effective tools for identifying, assessing and quantifying risk.
• Use expert judgement to develop effective business cases for intangible issues such as potential risk and future rewards, to a level suitable for executive management decision making.
• Undertake research and synthesize theoretical and practical knowledge of risk management not only on a particular organisation but also on family and society.
TIME: Up to 12 Hours
• No prerequisites.
• No materials distributed.
• No formal assessments required.