How to Manage Risk

Description


 

Is your organisation prepared for potential risks? Do you have a system in place to identify, control and monitor risk?

Organisational risks can manifest in different ways, and it’s important to have a strong awareness of how they could impact on your organisation. This course has been designed to assist with implementing effective risk management processes and to increase your organisation’s ability to identify and control potential risk.

Using various interactive activities, this course covers relevant legislation, ways to identify and analyse risk, and how to effectively control and monitor risk within your organisation.

Business outcomes

By implementing this course your organisation can:

  • efficiently manage risk
  • identify risks and potential risks
  • execute effective risk management processes
  • effectively monitor and review risks.

Target audience

The content contained in this course is suitable for:

  • organisations in the public and private sectors
  • organisations in all industries
  • workers at all levels of an organisation.

Topics covered

How to Manage Risk – Part One

  • Defining risk and risk management
  • Establishing the context for risk management
  • Relevant legislation

Duration : 25 minutes

How to Manage Risk – Part Two

  • Reviewing and analysing the environment
  • Identifying risks
  • Determining the likelihood of risks
  • Developing an action plan for treating risks

Duration : 25 minutes

How to Manage Risk – Part Three

  • Implementing the risk action plan
  • Monitoring the risk action plan
  • Evaluating the risk management process

Duration : 25 minutes

Duration

1 hour and 15 minutes
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