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Risk Management: Fundamentals

20 Minutes Full course General

This course will provide some of the basic concepts of how your organisation manages risk.

Description

For many companies, taking risks is synonymous with innovating and responding to change. Without embracing some level of risk, companies actually put themselves at greater risk of failure. Risk management is the process of identifying, assessing and controlling threats to a business. Potential risks facing a company could include security breaches, internal problems with employees or operating systems, market or regulatory changes, natural disasters, and much more. A good risk management system will consider a wide variety of possible scenarios and prioritise the ones most likely to actually happen.

Course Objectives

  • Guide to developing a risk management system
  • Types of risk (operational, financial, security, compliance, and more) and how to mitigate them
  • How to evaluate risk
  • What a risk register is and how to design one

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This is a trial version of the course Risk Management: Fundamentals. Please note, we do not offer certificates for trial course completions.

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