Risk Assessment & Risk Management

Course Duration : 01 Days

Course Content

The Certificate is made up of two modules which are designed to be studied together. Learning in module 1 explores elements of the risk management process, while module 2 explains how organisational culture and appetite for risk may affect the implementation of such processes. Similarly, discussion of risk management standards in module 1 supports the study of governance and risk architecture in module 2.

Module 1: Principles of risk and risk management

This module provides an introduction to the principles and concepts of risk and risk management. It explores the history of risk management to help gain an understanding of current drivers of enterprise risk management, as well as the development and impact of international standards.

Key topics include:

• The concepts and definitions of risk and risk management
• Risk management standards
• Enterprise risk management
• Risk assessment, identification, analysis and evaluation
• Risk responses and risk treatment

Module 2: Practice of risk management

This module explores the impact of the global business environment on risk. It examines issues relevant to specific sectors and geographical areas, and the needs and demands of various stakeholder groups, including regulatory authorities.

Key topics include:

• An overview of the global business and risk environment
• Risk architecture, strategy and protocols
• Risk culture, appetite and tolerance
• Risk and organisations, including an introduction to corporate governance, project and operational risk management, and supply chain management
• Organisational risk management, emerging risks and future developments