What is Risk Management?

Nearly every organisation has to take risks in some form or the others. Risks are often taken while making a business’s financial, operational, managerial or any other types of decision. The risk management process involves evaluators studying the possible impacts of a decision, and make measured conclusions accordingly. They often need to weigh the positive and negative outcomes of a decision, and make a rational decision depending on the weightage of each. Risk management is crucial, and possible if the decision maker is qualified in risk management, is observant, patient, and knows what is good for the organisation’s health. This online risk management course provides an insightful training about the components of risk management.

What will you learn?

This carefully tailored online risk management training course aims to shed light upon the various risk management skills and techniques that are required by decision makers to elect an efficacious decision that promises maximised returns and minimised risks. The following topics will be learned from this risk management skills training program:

  • What risk and risk management are
  • Establishing a risk management context.
  • A framework for risk management activities.
  • Designing and completing a basic risk assessment.
  • Designing appropriate response and action plan for risk response.
  • Reporting, monitoring, and evaluation.

Know more about the course.

Course Delivery: The course will be delivered online on Skill Advantage’s LMS. There will be a mix of text and videos available.
Course Price: Rs. 4,000
Access Time: 2 Months
Certification: Receive an online PDF certificate offered by Skill Advantage and Accredited by Asian College of Teachers, Asia’s biggest teacher training organisation. Hard copy of certificates can be availed for an additional charge.

Course Outline – Online Risk Management Training Course

  • Session One: Course Overview
  • Session Two: Understanding Risk
    • Pre-Assignment Review
    • Defining Risk and Risk Management
    • Key Models
  • Session Three: Risk Management Activities
  • Session Four: Assessing Risk
    • A Risk Assessment Process
    • Case Study: General Motors (Part One)
  • Session Five: Responding to Risks
    • The Four T’s
    • Case Study: General Motors (Part Two)
  • Session Six: Resourcing Controls
    • Identifying and Evaluating Controls
    • Case Study: General Motors (Part Three)
  • Session Seven: Reaction Planning
    • The Worst-Case Scenario
    • Case Study: General Motors (Part Four)
  • Session Eight: Reporting and Monitoring
  • Session Nine: Reviewing and Evaluating the Framework
    • A Review Checklist
    • Back at Work
    • Recommended Reading List
    • Post-Course Assessment
    • Pre- and Post-Assessment Answer Keys
    • Personal Action Plan

Who is eligible for the course?

  • Managers
  • Newly promoted project managers
  • Supervisors
  • Aspiring project managers
  • Project members
  • Leaders
  • Decision Makers

Academic Support

Individuals participating in the Skill Advantage’s online skills and training courses will be entitled to receiving thorough and persistent support from Skill Advantage’s highly qualified academic tutors. From answering questions regarding the use of the e-learning platforms to clarifying doubts regarding certain topics, our friendly tutors will always be available to assist and further facilitate your learning experience.

Contact Details

  • skilladvantagetraining@gmail.com
  • Mittal Commercia, Unit No. 412, C - Wing, Asan Para Road, Marol Naka, Andheri East - 400059, Mumbai, Maharashtra 400059
  • SAI PREMA’, 1st Floor, Christ Lane No.39 Krishnanagar, Hosur Rd, Industrial Area, Koramangala, Bengaluru, Karnataka 560029

Upgrade your Course

You can opt for a more thorough and effective learning experience by opting for additional Human Resources Management Training courses. You can create a bundle by choosing extra the following additional courses:

Prices

  • The entire Supervisors and Managers Training Course Bundle: Rs. 30,000
  • 1 Course: Rs. 4,000
  • Bundle with 2 Courses: Rs. 6,999
  • Bundle with 3 Courses: Rs. 10,999
  • Bundle with 4 Courses: Rs. 14,999
  • Bundle with 5 Courses: Rs. 18,999
  • Bundle with 6 Courses: Rs. 21,999
  • Bundle with 7 Courses: Rs. 23,499
  • Bundle with 8 Courses: Rs. 25,999
  • Bundle with 9 Courses: Rs. 27,999
  • Bundle with 10 Courses: Rs. 29,999

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