ILM Level 4

Managing Risk in the Workplace (403)


Description
COURSE OVERVIEW
According to the ISO 31000 Risk Management Standard, risk is 'the effect of uncertainty on objectives' The Management of Risk is of critical importance to organizations. Businesses must identify, evaluate, manage and report many types of risk for improved external decision making. Equally, businesses need to employ risk and management and business continuity management best practice to ensure their commercial viability. In today’s business environment, risk management skills are becoming essential for managers across all levels of the organization.

In this course, managers, and other professionals tasked with managing risk, will learn the practical skills necessary to perform regular risk assessments, treat and control risks, and introduce best practice risk management into their organization. Participants will learn how to apply a range of essential risk management tools, and how to improve decision making through the use of fact based analysis, and evaluation of risks. In so doing, you will be able to advise on, and make commercial, operational, personnel and other business decisions for which the risks are demonstrably under control.

COURSE DETAILS
- Suitable For: Middle and Senior Managers
- 403 Managing Risk in the Workplace (3 credits)
- Course Duration: 20 Hours
- Certification: Download your Certificate on completion
- Additional Resources: Download comprehensive Learners manual, additional articles and worksheets
Content
  • Risk Management 1 - Getting Started
  • Video - Understanding (small) Business Risks
  • Risk Management 2 - Understanding Risk Management
  • Video - What is Risk Management?
  • Risk Managenent 3 - Risk Identification
  • Video - Risk Identification Methods
  • Risk Management 4 - Risk Assessment
  • Managing Risk - Quiz 1
  • Risk Management 5 - Personnel Risks
  • Risk Management 6 - Commercial Risks
  • Risk Management 7 - Operational Risks
  • Risk Management 8 - Information Risks
  • Managing Risk - Quiz 2
  • Risk Management 9 - Risk Treatment
  • Video - Risk Treatment Options
  • Video - Risk Mitigation Strategies
  • Risk Management 10 - Risk Control
  • Video - The Risk Register
  • Risk Management 11 - ISO 31000 Risk Management
  • Risk Management 12 - Wrapping-up
  • Managing Risk - Quiz 3
  • Risk Management - Course Evaluation
Completion rules
  • You must complete 90.00% of the content