Business Risk Management
4.1 (86 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
860 students enrolled
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Business Risk Management

Apply Risk Management in 5 simple steps to any business
4.1 (86 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
860 students enrolled
Created by Sandeep Kumar ­
Last updated 2/2015
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Current price: $10 Original price: $35 Discount: 71% off
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  • 1 hour on-demand video
  • 1 Supplemental Resource
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Understand the terms related to risk management
  • Implement a basic risk management program for the project or operation
  • Participate in risk management sessions with good understanding of risk management
View Curriculum
  • No previous knowledge of risk management is expected.
  • No software requirements or prerequisite knowledge necessary

Are you new to Risk Management and struggling with Risk Management terms?

Are you appearing in any certification exam such as PMP and want to refresh your understanding of Risk Management?


The course is currently priced at $48

  • You will have unlimited lifetime access at no extra costs, ever
  • All future additional lectures, bonuses in this Course are always free


30 Day Money Back Guarantee

Don’t forget, all my Courses have an unconditional, 30 Day Money Back Guarantee. This means you have absolutely no risk when signing up to one of my great Courses. I never ask questions and always refund 100% in full.


This Course will continue to grow, new ideas, new lectures, new great tips, tricks and techniques...

but the price will grow too!

This Course is available today at a great introductory price but this will soon have to go up!

However, if you enroll Today you are “locked in” – you will get all the new lectures and materials at NO extra cost – EVER!

You can get unlimited lifetime access at no extra cost , but only if you enroll today


Click on the Blue “Take This Course” Button at the Top Right Hand Side of the Page

Then follow the instructions to register and pay for the course.

How do you define risk? Risk is something which stops your organization to achieve its objectives.

What is risk management?

Five steps of managing risk include:

  1. Planning for Risk Management
  2. Identifying Risks
  3. Analyzing Risks
  4. Planning Risk Response
  5. Monitoring and Controlling Risks

Identified risks are recorded in risk register. These risks are analyzed using quantitative or qualitative techniques. One qualitative technique which is commonly used in Probability and Impact Matrix. I have explained this easy to use in detail in this course.

Risks could be negative or positive (opportunity). What are the approaches to address positive and negative risks? We need not only to address the negative risks but also the positive risks.

ISO 9001:2015 is in the process of getting revised. One new thing in this standard is Risk Based Thinking. This ISO 9001 standard will be released by end of 2015. This development has created a great interest in Risk Management.

Who is the target audience?
  • This course is intended for people who are new to risk management.
  • ISO 9001 2015 is introducing the concept of Risk Based Thinking. This has created an interest in Risk Management especially amonst senior management, quality managers and people associated with quality management.
  • The concept explained in this course are applicable to any industry or area
  • Employees in financial, medical, technology, research, military, insurance or other industries subjected to risk.
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Curriculum For This Course
Expand All 14 Lectures Collapse All 14 Lectures 01:57:54
Introduction to Risk Management
3 Lectures 18:22
Five Steps of Risk Management
9 Lectures 42:54

Planning for Risk Management

Risk Identification

Risk Analysis

Probability and Impact Matrix

Responding to Negative Risks

Responding to Positive Risks

Monitoring and Controlling Risks
0 Lectures 00:00
Risk Management Quiz
10 questions
Slides and Other Resources
1 Lecture 00:00
Risk Management Lecture Slides
48 pages
Certificate of Completion
1 Lecture 08:38
How to Download Your Certificate of Completion
About the Instructor
Sandeep Kumar ­
4.4 Average rating
3,066 Reviews
14,507 Students
10 Courses
Bestselling Udemy Instructor- ISO 9001 / Six Sigma / Quality

PMI-PMP, IRCA Registered Lead Auditor, ASQ - CSSBB, CQA, CQE, CMQ/OE, IIA - CIA

Sandeep Kumar has around 30 years of Project Quality Management (Engineering, Procurement and Construction) experience in power, oil/ gas, and mining industry. He has worked as Quality Manager on a number of projects including Power, Oil and Gas and Infrastructure projects.

Currently, he is working as Project Quality Manager on multiple projects in Alberta, Canada.

His areas of specializations include Quality Assurance, ISO 9001:2008, ISO 9001:2015, Six Sigma, QMS Audits, Supplier Quality Surveillance, Supplier Pre-qualification, Construction Quality, Welding, NDT, Mechanical Inspection and Quality Training.

Also, he is interested in the use of technology for training and knowledge sharing. He has authored and presented a number of Quality Management courses for organizations he has worked for.

Professional Qualifications:

His professional qualification/certifications include: IRCA registered Lead Auditor (QMS), ASQ-CSSBB, Certified Six Sigma Black Belt (CSSBB), ASQ-CSSGB, Certified Six Sigma Black Belt (CSSBB), ASQ-Certified Quality Auditor (CQA), ASQ-Certified Quality Engineer (CQE) and ASQ-Certified Manager of Quality/Organizational Excellence (CMQ/OE), Certified Project Management Professional (PMP) and Certified Internal Auditor - IIA (CIA).