Business Risk Management
4.2 (117 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.
4,354 students enrolled
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Business Risk Management

Apply Risk Management in 5 simple steps to any business
4.2 (117 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.
4,354 students enrolled
Created by Sandeep Kumar ­
Last updated 2/2015
English
Current price: $10 Original price: $35 Discount: 71% off
1 day left at this price!
30-Day Money-Back Guarantee
Includes:
  • 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
Requirements
  • No previous knowledge of risk management is expected.
  • No software requirements or prerequisite knowledge necessary
Description

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?

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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
14 Lectures
01:57:54
+
Introduction to Risk Management
3 Lectures 18:22
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Five Steps of Risk Management
9 Lectures 42:54

Planning for Risk Management
01:56

Risk Identification
05:17

Risk Analysis
04:04

Probability and Impact Matrix
13:12


Responding to Negative Risks
06:16

Responding to Positive Risks
04:13

Monitoring and Controlling Risks
02:55
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Quiz
0 Lectures 00:00
Risk Management Quiz
10 questions
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Slides and Other Resources
1 Lecture 00:00
Risk Management Lecture Slides
48 pages
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Certificate of Completion
1 Lecture 08:38
How to Download Your Certificate of Completion
08:38
About the Instructor
Sandeep Kumar ­
4.4 Average rating
3,379 Reviews
18,470 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).