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Risk Management
$129.00
SHORT DESCRIPTION:
In this course, you will learn about the seven Rs and four Ts that traditionally represent the key activities of risk management. This will give you a framework that you can customise for a single project, a department, or an entire company.
- Duration approximately 2 hours.
- Access period 30 days.
- Self-Study Guide provided.
- Quick Reference Guide provided.
- Certificate of Completion provided.
- Content last updated January 2020.
- A full description of this course is located below.
Available!
Return to StoreRisk management has long been a key part of project management, but in recent years, it has become an increasingly important part of organisational best practices. Corporations have realised that effective risk management can not only reduce the negative impact of crises; it can provide real benefits and cost savings.
The risk management framework provided in this one-day workshop is flexible enough for any organisation. You can apply it to a single project, a department, or use it as a basis for an enterprise-wide risk management program. This course will introduce you to the basic principles of risk management.
What Will Students Learn?
- Define risk and risk management
- Describe the COSO ERM cube and ISO 31000
- 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
- Describe the key components of reporting, monitoring, and evaluation of a risk management program
What Topics are Covered?
- Understanding risk
- Risk management activities
- Assessing risk
- Responding to risks
- Resourcing controls
- Reaction planning
- Reporting and monitoring
- Reviewing and evaluating the framework
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