This course does not have any stringent entry prerequisites. However, having practical experience will be beneficial in grasping the course material.

 It is intended for anyone keen on expanding their knowledge and staying informed about the latest developments in their profession. 

• • • • Understanding of Risk Management: Gain a foundational understanding of risk management principles and practices. Learn how effective risk management contributes to organizational resilience and success.

      • Risk versus Uncertainty: Distinguish between risk and uncertainty, and understand their implications for decision-making in an organizational context.

      • Risk Classification: Explore different types of risks, including operational, financial, strategic, and environmental risks. Learn how to classify risks to prioritize and manage them effectively.

      • External and Internal Sources of Risk: Identify various sources of risk, both within and outside the organization. Understand how external factors such as market conditions and regulatory changes, and internal factors such as operational inefficiencies, contribute to risk.

      • Risk Management in Organisations: Study the risk management process, including identifying, assessing, and responding to risks. Learn how to develop and implement a risk management plan tailored to your organization’s needs.

      • Risk Identification in Organisations: Discover techniques for identifying risks in your organization. Learn how to conduct risk assessments and reviews of organizational work practices.

      • Risk Assessment in Organisations: Gain practical skills in conducting risk assessments. Learn to evaluate the likelihood and impact of risks, and prioritize them for effective management.

      • Responding to Risks: Explore various risk response strategies, including risk avoidance, risk transfer, risk control, and risk insurance. Learn how to select and implement appropriate risk responses.

      • Risk Avoidance: Understand strategies to avoid risks by altering plans or conditions that give rise to them.

      • Transferring the Risks: Learn about transferring risk to third parties through outsourcing, partnerships, or insurance.

      • Controlling the Risks: Study methods to control risks by implementing measures that reduce their likelihood or impact.

      • Insuring Against the Risk: Gain insights into the role of insurance in risk management. Learn how to choose the right insurance policies and understand different types of insurance available.

      • Choosing a Policy: Learn how to evaluate and select insurance policies that align with your organization’s risk profile and management strategy.

      • Types of Insurance: Understand the various types of insurance available, including property, liability, and business interruption insurance.

      • Implementing Your Risk Management Plan: Develop skills to implement a comprehensive risk management plan. Learn how to integrate risk management practices into daily operations.

      • Ongoing Risk Management: Discover the importance of ongoing risk management and continuous improvement. Learn how to keep risk management procedures up to date and reassess risks regularly.

      • Who is Responsible for Risk Management?: Understand the roles and responsibilities of different stakeholders in risk management. Learn how to foster a risk-aware culture within your organization.

      • Keeping Your Procedures Up to Date: Learn how to regularly review and update risk management procedures to ensure they remain effective and relevant.

      • Reassessing the Risks: Discover techniques for ongoing risk assessment and monitoring. Learn how to identify new risks and reassess existing ones as your organization evolves.

      • Reporting on Risk Management: Gain skills in risk reporting and communication. Learn how to effectively report on risk management activities and outcomes to stakeholders.

The course is delivered 100% online.

– Once your enrolment is complete, you are given access to our eCampus
– You log in to LMS using an assigned username and password.

The course completion certificate is awarded by London Executive Education UK

It demonstrates that the holder has mastered key concepts such as risk classification, assessment, and mitigation strategies. The certificate also highlights the participant’s proficiency in developing and implementing robust risk management plans, making them invaluable assets to their organizations.