Risk is not something that can be totally avoided, however it can be minimised, managed and controlled.
What is Risk Management
Risk management is all about reducing or completely eliminating the likely hood of certain events happening, or if they do happen, then minimising the impact they will have on a business. It should be taken seriously and is essential for protecting employees, customers, and the general public from negative events that may harm them. It’s an important part of planning for businesses and as a discipline is designed to identify, assess and prioritise different kinds of risks. Once a risk has been identified, a Risk Manager should create a plan to minimise its impact or deal with it completely. Apart from looking after people, risk management practices are also about protecting premises, data, stock, records, and other physical assets that a company may own.
Risk Management courses overview
No prior learning knowledge or experience is essential to take this course. Curriculums are focused on ensuring that delegates get an in-depth understanding of key fields such as avoiding risk, reducing the negative effect or probability of a risk and best practice procedures.
Classes combine looking at real-life case studies, seminars, activity based practical exercises and intensive classroom based lectures. Students are encouraged to participate in discussions and debates, this helps them to analyse complex problems through planning and teamwork. You will explore the uncertainties involved, evaluate possible solutions and plan risk management implementation. As a practical course you will learn the tips and techniques needed for key issues like risk goal-setting, managing risk resolution meetings, risk interviewing and giving or receiving risk related feedback.
You will be provided with comprehensive study materials, have access to the online student portals and be able to browse a resource library. Through assignments and challenging but informal and friendly lectures you will be taught how to develop, structure and strengthen risk management processes within an organisation.
Delegates who successfully complete their course will be awarded a valuable certificate that will demonstrate to prospective employers their ability to practice risk management skills on a day-to-day basis.
Typical subjects taught on Risk Management courses
- Audit and Risk
- Business Continuity Planning
- Business Effectiveness
- Business Management
- Corporate Governance
- Crisis Management
- Defining Threats
- Environmental Risk
- Ethics and Risk
- Hazard Prevention
- Identifying Risks
- Introduction to Risk Management
- Information Security
- Loss Control
- Loss Prevention
- Maintaining Compliance
- Managing Risk Diversity
- Operational Risk Management
- Planning and Strategy
- Project Risk Management
- Quality and Risk
- Risk and Change
- Risk and Organisations
- Risk Analysis
- Risk Assessment
- Risk Behaviour
- Risk Classification Systems
- Risk Control Techniques
- Risk Costs
- Risk Evaluation
- Risk Management
- Risk Management Methodologies
- Risk Management Standards
- Risk Management Documentation
- Risk Management Responsibilities
- Risk Response
- Risk Sharing
- Risk Structure and the Environment
- Risk Transfer
- Risk Treatment
- Security Management
You will learn how to
- Embed risk management into an organisation’s structures and processes.
- Develop an effective and practical risk management process.
- Advise clients on implementing risk management processes.
- Manage risk across organisations in a structured and formalised way.
- Develop and write up Risk Management Policies.
- Allocate resources for Risk Management within an organisation.
- Establish reporting mechanisms for risk management.
- Write up risk descriptions.
- Prioritise risks and plan to handle those that are more likely to happen first.
- Make Risk Management an integral part of organizational processes.
- Take human factors into account when planning for Risk Management.
- Accept some or all of the potential or actual consequences of a particular risk.
- Transfer some parts or all of a risk to another party.
- Analyse risks, threats and opportunities.
- Prevent accidents within the workplace.
You will learn about
- The modern concepts of Risk Management.
- Risk problem solving.
- The goals of Risk Management.
- Risk communication and consultation.
- Key risk management terminology.
- Global risk management standards.
- The economic benefits of Risk Management.
- The legal aspect of Risk Management.
- The roles of individuals, teams and management in the development and implementation of risk management policies and strategies.
Who is a Risk Management training course suitable for?
- A newly practising Risk Manager.
- Someone not yet formally qualified as Risk Manager.
- Anyone seeking a formal risk management qualification.
- Anyone requiring an entry route into further education in Risk Management.
- Anyone looking to improve their job prospects in the field of Risk Management.
- Anyone who would like to develop and hone their skills within an existing risk management role.