Risk identification and analysis is critical for successful business operations. Whether there is a staff-related risk, an equipment risk, or even a risk from the external business environment, it is imperative that these circumstances are taken seriously and all measures are taken to analyse them and plan for their eventuality.

 

Course Series: 2 of 3

Course Award: Micro-Credential
Course Duration: 3 Hours
Course Complexity: Intermediate*

 

In this micro-credential, we look at how to effectively identify the context for risks to occur, how to properly consult on them to analyse them effectively, and how to future plan and prioritise their treatment.

This micro-credential follows on from and leads on to other short courses within the subject area of Risk Management.

 

*Foundation – Introduces a concept and explores the concept and how it is applied

Intermediate – Explores a concept and builds from an entry-level understanding, through to an advanced level or mastery.

Advanced – Focuses on complexities of subject matter, participants are recommended to have an understanding of subject matter prior to enrolling in course. Typically designed for managers or people with experience in the subject matter.


Course curriculum

  • 1

    Introduction

    • Identify and Analyse Business Risks
  • 2

    Lesson 1

    • Risk Context
  • 3

    Lesson 2

    • Scope Risks
  • 4

    Lesson 3

    • Risk Consultation
  • 5

    Lesson 4

    • Assess Risk Likelihood and Impact
  • 6

    Lesson 5

    • Evaluate and Prioritise Risk Treatment
  • 7

    Test your knowledge

    • Instructions before taking the test

    • Test your knowledge

    • Next steps