Business Risk Management

Apply Risk Management in 5 simple steps to any business
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  • Lectures 14
  • Length 2 hours
  • Skill Level Beginner Level
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
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About This Course

Published 11/2014 English

Course 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?


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

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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.

What are the requirements?

  • No previous knowledge of risk management is expected.
  • No software requirements or prerequisite knowledge necessary

What am I going to get from this course?

  • 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

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.

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.


Section 1: Introduction to Risk Management
Welcome to Business Risk Management
What is Risk?
What is Risk Management
Section 2: Five Steps of Risk Management
Five Steps of Risk Management
Planning for Risk Management
Risk Identification
Risk Analysis
Probability and Impact Matrix
Risk Response
Responding to Negative Risks
Responding to Positive Risks
Monitoring and Controlling Risks
Section 3: Quiz
Risk Management Quiz
10 questions
Section 4: Slides and Other Resources
Risk Management Lecture Slides
48 pages
Section 5: Certificate of Completion
How to Download Your Certificate of Completion

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Instructor Biography

Sandeep Kumar ­, Best Selling Udemy Instructor - ISO 9001/Six Sigma/Quality

PMP, IRCA Registered Lead Auditor, ASQ - CSSBB, CQA, CQE, CMQ/OE, 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).


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