Risk Management Foundation Certificate Level 2
The relationship between risk and reward is well-documented and widely acknowledged. Particularly in the business world, the way in which risk is approached and considered can have a marked impact on performance and prosperity. Contrary to popular belief, Risk Management doesn’t focus exclusively on protecting the respective organisation from internal and external threats. Effective Risk Management strategies also ensure valuable opportunities are never overlooked, while continuously optimising the performance of the entire organisation. Unsurprisingly therefore, those who possess advanced Risk Management skills and competencies enjoy extraordinary career prospects worldwide.
Risk Management - Course Benefits
When taking this introductory Risk Management Course with Brentwood Open Learning College, every learner benefits from:
- All learning materials and supporting documentation required to complete the course provided as standard – no additional expenses or purchases required.
- The opportunity to study in your own time and at your own pace for a fully-endorsed certificate of the highest quality.
- Complete flexibility with no deadlines or time restrictions to worry about – ideal for those with active lifestyles and busy schedules.
- 24/7 access to our exclusive online learning platform, allowing you to study from any location and any device with an Internet connection.
- The complete commitment of our exclusive tutors and the wider Brentwood Open Learning College student support team throughout your studies.
Risk Management - Learning Objectives
This entry-level Risk Management Coursehas been engineered to provide newcomers to the subject with a concise yet intensive overview of several keep risk management concepts. Whether already working in a position of responsibility or looking to secure your first professional post, this exclusive Risk Management Courseexplores the skills, talents and responsibilities at the heart of effective risk management. Candidates who successfully complete the Risk Management Coursewill have every opportunity to put its teachings to use in the practical setting of their choosing. Those looking to continue studying at a higher level may also choose to move on to our Risk Management Level 2.
Over the Risk Management course of three insightful modules, learners are provided with a broad definition of professional risk management, along with an exploration of the three primary risk categories, an overview of the risk management process and the importance of evaluating any existing risk framework. The course concludes with an investigation of professional risk response processes and the ongoing optimisation of risk management strategies.
Upon successful completion of this Risk Management course, newly-acquired skills, talents and knowledge include:
- The role the risk manager plays within a wider organisation
- The consequences of inadequate or absent risk management
- An understanding of the various different types of risk
- The confidence to work as part of a wider risk management team
- Knowledge of risk response strategies and their implementation
- The opportunity to pursue a variety of risk management careers
Risk Management - Course Outline
This popular Risk Management Course is delivered across three modules – each concluding with an online assessment to verify your acquired knowledge and competencies. Your assigned tutor will provide you with comprehensive support at all times, in order to assist with your successful completion of each unit.
Module 1 – Introduction to Risk Management?
This module covers the following key topics:
- History of Risk Management and its Concepts
- Element of Risk
- Classification of Risk
- Types of Pure Risk
- Risk Management
- Benefits of Risk Management
- Plus more
Module 2 – The Risk Management Process
This module the following key topics:
- Introduction to Risk Management Process
- Process Goal and Sub-Goals
- Process Controls
- Process Mechanisms
- Establishing the Effectiveness of Existing Risk Management Processes
- Process Activities
- Marketing plan
- Plus more
Module 3 – Responding to Risks
This module the following key topics:
- The Four T’s
- General Motors
- Resourcing Controls
- Background Information
- Reporting and Monitoring
- Reviewing and Evaluating the Framework
- Plus more
