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Overview of Risk Management


Overview

Intro to Risk Management

Risk management plays a central role at the heart of every organisation. Almost every decision a business makes from the day it is established constitutes a risk of some kind. Once operational, risk becomes an everyday part of running the business and takes a variety of forms. As risk cannot be avoided, it must be managed proactively and effectively. Risk breeds reward, which is why capable risk managers are such valuable assets in the business world. To master the art of risk management it to know exactly how to capitalise on every opportunity that presents itself, safely and confidently.

This ‘Intro to Risk Management’ tutorial has been designed for business owners, senior managers and anyone with an interest in risk management. Explore a brief history of risk management its associated concepts, including the element of risk, current risk definitions, the relationship of uncertainty to risk and various key risk classifications. Study pure risk, the benefits of risk management and how risk management fits into the wider organisational framework.

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Objectives

  • Explain what is meant by “Risk Management”
  • Evaluate the objectives of risk management for a business
  • Discuss a risk management process
  • Evaluate the benefits of risk management approach

Programme Content

Topics:

  • The History of Risk Management and its Concepts
  • The Element of Risk
  • Current Definitions of Risk
  • Uncertainty and Its Relationship to Risk
  • Classification of Risk
  • Fundamental and Particular Risks
  • Types of Pure Risk
  • Benefits of Risk Management in a Nutshell
  • Risk Management as a Business Factor

Target Audience

  • International business and professional advisors
  • Risk managers looking to upgrade their knowledge and skills
  • Those involved in risk management and want to maintain their CPD
  • Individuals looking to enhance their CVs
  • Anyone looking to develop knowledge and skills for better job opportunities

Prerequisites

No prior knowledge is required to take this unit.

Overview

  • Participants:8 - 400
  • Duration: 2 - 3 hours
  • Participation:Only collaborative

Key Benefits

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Related

Course Level
Study Method Online
Course Duration 10 Hours
Start Date on going
Awarding Body
Pay in Instalment Full Fee £ 120, Deposite £ , ( £ 0/month )
Full Fee:    £ 120

Discount:    £ 30

Pay Today:    £ 90


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Pay in Instalment Full Fee £ 120, Deposite £ , (£ 0/month)
you can pay Staff Training Solutions using payatrader
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