Risk Based Approach (eLearning)
A two-hour course leading to a better understanding on the concept of risk management.
This very brief course is intended to give a better understanding of risk management.
The purpose of risk management is not to eliminate risk, but to understand it so that organizations can take advantage of the upside and minimize the downside. This requires clarity on what risks they are prepared to take, how much, and ensuring processes are in place to manage them.
ISO 31000 is the international standard that provides a comprehensive guide to comprehensive risk analysis and assessment with the aim of helping organizations structure an effective risk management system.
Objective:
After completing the course, it is expected that participants will understand:
- The basics of risk management;
- How to perform qualitative risk assessments in own organization;
- How to perform, implement and improve risk management in own organization.
Audience:
This course is suitable for anyone working on, on preparing for, transition to High Level Structure-based standards in the area of risk management.