Overview to Risk Management (How about a career in Risk?)

Understand how the ISO31000 global standard can help you better manage risks in your personal and work life
Free tutorial
Rating: 4.3 out of 5 (92 ratings)
1,888 students
45min of on-demand video
English [Auto]

This is an introductory course. In this course, students will get an introduction and Overview into what is risk. They will understand why risk cannot be avoided. They will see how the ISO 31000 methodology and roadmap can be used to manage risk, and also what is involved in starting the risk implementation


  • No - Just a desire to make your life better through conscious application of risk management


Risk Management is a great career opportunity, and even more so given the COVID-19 pandemic. Effective Risk Managers can help the organization grow and achieve difficult organisational goals. I have trained around hundreds of risk professionals, and my observation is that most of them have excellent risk professionals, but the team size is too small, just 1-2, and that is because they cannot find the right people to hire. There is a huge need for more high-quality professionals who can help organisations to mange the risks that need to be taken, in order to grow.

My ‘Overview to Risk Management’ is an introductory course designed to help students decide if Risk is an area that you may to take up as a career. Running time of this course is 46 minutes, but including exercises, you may take over one hour to complete it (you can take breaks and complete it at your own pace). The course provides an introduction to Risk Management over 7 lectures which cover key topics (what is risk,  the need for Risk Management, the ISO 31000 methodology and roadmap, and next steps to start your Risk Management implementation).

My approach in this course is to have the participants answer various exercises with an intention to help them increase their own understanding. For example, I have provided resources which show you over 10 definitions of risk - and even this may not be a complete and comprehensive list! The above answers are provided just to give you a sample of some possibilities. The intention in the exercises is to ensure that those who are attending this this course are encouraged to come up with their own answers - as many as possible.

Once you have completed this exercise, kindly give me your feedback. I hope this course helps you get some new ideas and the commitment to come up with some action steps for you to implement. Best of luck!

Who this course is for:

  • Anyone who wants a quick and high level understanding of the value of Risk Management, and also some typical tools and techniques


COO - Continuity & Resilience
Daman Dev Sood
  • 4.3 Instructor Rating
  • 92 Reviews
  • 1,894 Students
  • 1 Course

Co-author of book “Step by Step guide to the NCEMA 7000: Implement BCM the UAE way".

As a Continuity & Resilience Contributor Award (Middle East) Winner (and Global Finalist), Merit Award (Global) Winner, and Business Continuity Manager of the Year Award (India) Winner from BCI; and with over 35 years’ experience in the Industry, Daman is currently an ADVISOR at Continuity & Resilience, prior to that being COO. He has earlier worked with Steria as Head Business Continuity Management (UK, India) & Head Green Activities. Daman, initially, worked with TCS for over 20 years in various roles. He has rich experience in Environmental Sustainability, Business Continuity Management, Risk Management, Crisis Management, Business Excellence and Consulting (BCM, Green IT, Quality/ Process/ Malcolm Baldrige). He is a Technical Expert & Lead Auditor for ISO 22301 (Business Continuity Management System). He is also an Energy Management Expert (ISO 50001). Daman is Accredited Tutor for BCS “Foundation Certificate in Green IT” course. He is a BCI Approved Instructor since 2013 and a member of the BCI’s Speakers Bureau. He has taught the NCEMA7000 courses many times, including the 5 day Lead Implementer, and also performed BCM Audits.

Daman is Fellow of the BCI, IEEE Ambassador, Fellow of the BCS (British Computer Society), Senior Member of IEEE (Institute of Electrical and Electronics Engineers), Member of AIMA (All India Management Association), and the Life Member of the CSI (Computer Society of India).

Daman has traveled to or worked in Scotland, England, Netherlands, France, Zambia, USA, Indonesia, Spain, Egypt, UAE, Oman, Iran, Mauritius, Sri Lanka, Qatar, Saudi Arabia, Singapore, Kuwait, and Bahrain. He possesses excellent mix of experience of a practitioner, trainer and consultant. He has served clients in various industries and sectors like IT/ IT-eS, Banking, Finance, Insurance, Retail, Manufacturing, Automobile, Pharma, Real Estate, Marine, Trading, Government, PSU, Telecom, Aviation, Energy/ Oil & Gas, Media, Power etc.

He has delivered over 500 talks/ workshops in national and international events. Daman is an expert in Disaster/ Crisis Simulation Exercises and has delivered many Simulation Exercises with varying scenarios like Cyber Attack, Fire, Civil Unrest, High Rise Building etc. including for the top management of organisations in different countries and industry sectors.

Daman is currently member of the ASSOCHAM National Council on Climate Change and ASSOCHAM National Council on Environment & Safety. He has experience of working with CII (Confederation of Indian Industry) for over three years as the Convener of the CSR Task Panel working on Communities and Disasters.

Author, Consultant, Trainer, Coach, Assessor
Dhiraj Lal
  • 4.3 Instructor Rating
  • 92 Reviews
  • 1,888 Students
  • 1 Course

Executive Director, CORE (Continuity and Resilience)

ISO 31000, MBCI, CBCP, CBCI, ISO 27001/ISO 22301 Technical Expert and Lead Auditor, CISA, ITIL

A Chemical Engineer and an MBA in IT and Finance, Dhiraj Lal is an Author, Practitioner, Trainer, and Consultant. He has over 32 years in the industry, of which over 20 years is in Risk Management and related domains. His last Banking job was as Head of Audit Risk and review for Citibank, and he has worked also with Standard Chartered, Agilent and American Express, where he headed Risk, Controllership and Internal Control. He first started teaching the CBCI certification course around 2012, as an approved trainer of the UK-based Business Continuity Institute (BCI). And before that, he has taught also the CBCP course by the DRI - Disaster Recovery Institute. Over 5000 professionals have attended the training, awareness or simulation sessions conducted by him. He has delivered over 500 talks, workshops and webinars in national and international events - the largest being a talk for a global organisation that has 450,000 employees worldwide!  He teaches and consults in Risk Management (ISO 31000) and related domains. He has been invited to  present on Risk and Resilience at the BCI Annual conference in the UK, DRI US, BCM Institute Singapore, itSMF UK, DRI Asia in Malaysia, ISACA UAE, KSA and India. He has presented at various Middle East Business and IT Resilience Summits in Abu Dhabi, Dubai, KSA and India, and also CORE’s global online summit.

Mr. Lal is a Contributing Author to the Encyclopaedia of Business Continuity, 3rd Edition (published by John Wile and Sons), and he and Daman Dev Sood are joint authors of: Step by Step guide AE/SCNS/NCEMA 7000:2015. Implement Business Continuity the UAE Way! He is an expert in Risk, BCM, and Crisis Management, and has delivered many Simulation Exercises with varying scenarios like Cyber Attack, Fire, Civil Unrest, High Rise Building etc. including for the top management of Central Banks and other organisations in different countries and industry sectors.

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