This course introduces the vital work of risk management, including essential terms, definitions, and processes. It looks at a top-down approach to risk management, promoting the identification of practical techniques to meet due diligence compliance. Our overview of risk management systems and associated knowledge and skills will help you to understand risk management methodology.
All titles in our ready2work Personal Development range are tailored for individuals of all professional backgrounds and experience levels, offering essential skills in a wide array of everyday situations and settings. Whether you're just starting out in your professional journey or looking to take your career to the next level, this range is designed to equip you with skills and strategies to achieve your career goals.
Grasp the fundamental terms, definitions, and the necessity of risk management, along with its role in various job functions. Explore the framework and step-by-step processes involved in identifying, assessing, and managing risks, including consultation, communication, and continuous monitoring. Learn to create and maintain a risk register and comprehensive risk management plans to mitigate potential threats and ensure organisational resilience.
Topics include: Risk Management Overview: Terms and Definitions - Understanding Risk - Defining Risk Management - Types of Risk - The Need for Risk Management - The Role of Risk Management in Your Job - The Connection Between Governance and Risk Management - The Risk Management Framework - The Risk Management Process - Consultation and Communication in Risk Management - Monitoring and Review in Risk Management - The Risk Register - The Risk Management Plan.