Risk Management Course (Level 3 Diploma)

Overview

A distance learning course is the ideal way to gain a Level 3 Diploma in Risk Management. Whether you're looking to go on to further education, improve your job prospects or expand your knowledge, distance learning Diploma in Risk Management is a flexible and convenient course, which allows you to comprehensively prepare for an exam or career through home study. What's more, because the distance learning Level 3 Diploma in Risk Management course is a fully comprehensive course, no prior knowledge is required.

This Quality Assured Level 3 Diploma in Risk Management can prepare the student for taking up a new risk management role. It is also ideal for those who would like to develop and hone their skills within an existing risk management role.

The course examines changes in risk management practice against the context of the changes in UK, EU, US and global economy, and will be of particular interest to those needing to practice risk management skills on a day-to-day basis.

It provides detailed learning on a range of relevant risk management topics, combining theoretical background with the practical tools, risk management techniques and risk communication formats needed for everyday risk managers.

COURSE KEY TOPICS 

Module One - What is Risk Management?
Module Two - The individual as a Risk Manager
Module Three - Risk Structure and Environment
Module Four - Managing Risk Processes
Module Five - Managing Risk Projects
Module Six- Managing Risk Diversity
Module Seven - Risk and Change
Module Eight - Quality and Risk
Module Nine - Audit and Risk
Module Ten - Ethics and Risk

HOME STUDY SUPPORT

You will be provided with comprehensive materials designed to provide you with everything required to complete your course of study. You will have your own personal tutor helping you with your course work and with any questions you may have. Plus you can contact our Student Advisors by email or phone for all the practical advice you may need – so we really are with you 100%.

What's more, you'll have access to the online student portal, where you can interact with other students, browse our resource library and manage your account.

COURSE ASSESSMENT

When you have completed the programme, your tutor needs to verify that you have worked through all parts of any Workbooks, Activities and Exercises successfully.

100% of the final mark is made up of an online multiple choice exam.

Upon verification of the activities, exercises and assignments, you will be awarded your diploma by OLQA as confirmation that your written work has met all of the learning outcomes and assessment criteria for the programme.

COURSE DURATION

We recommended you spend approximately 200 hours of your time studying for the course name. The pace of study is completely up to you. To give an example, if you dedicate 4 hours a week to the course it would take you a year to complete but if you could spare 8 hours a week you could complete it in six months.

Get started today, and you can earn your Level 3 Diploma in Risk Management in as little as six months, or take up to a year, if you prefer – the choice is yours.

HOME STUDY COURSE ENTRY REQUIREMENTS

All Students must be 16 years of age or above.

The good news is that no prior learning knowledge or experience is essential to take this course. This course is openly available to anyone wishing to learn more about Risk Management and would like to take part in a highly rewarding home study course. We believe that everyone should have the opportunity to expand their knowledge and study further, so we try to keep our entry requirements to a minimum.

You have the freedom to start the course at any time and continue your studies at your own pace for a period of up to 12 months from initial registration with full tutor support.

Description

The OLQA Level 3 Risk Management course is divided into ten comprehensive modules:

Module One - What is Risk Management?
This module will introduce the student to modern concepts of risk management (RM) skills, and how these can change and develop within a business management context. It examines the way RM evolves, and the risk manager's role in this process. The module concludes a range of guidelines in practical risk issues, looking at effective RM.

Module Two - The individual as a Risk Manager
This module focuses on some essential core skills for a risk manager, with tips and techniques for successful risk management risk goal-setting, risk problem-solving, effective risk resolution meetings, risk interviewing and giving or receiving risk related feedback. Relevant tools are explored, including risk landscape analysis.

Module Three - Risk Structure and Environment
This module includes an assessment of different features and types of risk organisation structure and the various environments within which risk organisations operate. This module assesses recent trends and the move towards the use of risk integration, and also looks at how to analyse their effects to anticipate a risk organisation future evolution.

Module Four - Managing Risk Processes
This module considers the internal features of a risk organisation, including planning and strategy, risk costs and budgets and the benefits of understanding the risk processes of a business. Practical advice is provided on facilitation of workshops, in the context of risk process improvement.

Module Five - Managing Risk Projects
The module asks 'What is a risk project', providing a step-by-step breakdown of the key phases for managing risk projects successfully. It provides advice on financing risk projects, and on quality risk assessment. The module provides guidance on risk project team roles and effective brainstorming for problem-solving.

Module Six- Managing Risk Diversity
This module embraces the increasingly diverse UK, EU, US and global risk mandates and the business case for managing by diversity-unification principles. Key risk issues and legislation issues will be examined, including common challenges and potential conflicts, diverse risk themes of international regulatory styles etc.

Module Seven - Risk and Change
Risk and change may be regarded as a 'chicken and egg principle' – which comes first? Accordingly this module includes a review of risk-caused/affecting organisational changes, managing the risk-change process, dealing with individual resistance and cultural issues, the use of coaching, mentoring and facilitation development.

Module Eight - Quality and Risk
If you cannot size it, you cannot measure it, and if you cannot measure it, you cannot improve it – this is a quality and risk axiom. The use of risk goals, related risk performance indicators, service level agreements and benchmarking will be considered, along with a review of quality-risk management improvement.

Module Nine - Audit and Risk
If you cannot audit it, you cannot measure it, and if you cannot measure it, you cannot improve it – this is an audit and risk axiom. The use of audit objectives, related risk-audit performance indicators, service level agreements and benchmarking will be considered, along with a review of audit-risk management improvement.

Module Ten - Ethics and Risk
This module examines recent trends in business ethics, corporate governance, environmental issues and social responsibility. Practical advice is provided with tips and guidance on making ethics and risk presentations. Finally, the student is taken through a course review to reflect on their learning and also to help them to set career goals for their next steps.

Requirements

Minimum 16 years of age.