Enterprise Risk Management
4.5 (51 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
349 students enrolled

Enterprise Risk Management

Develop the Risk Based Thinking for your Business Processes | Apply it in 5 Simple Steps to any Business
4.5 (51 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
349 students enrolled
Created by Sandeep Kumar ­
Last updated 5/2020
English
English
Current price: $100.99 Original price: $144.99 Discount: 30% off
5 hours left at this price!
30-Day Money-Back Guarantee
This course includes
  • 2 hours on-demand video
  • 3 articles
  • 7 downloadable resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What you'll learn
  • Understand the terms related to risk management
  • Implement the basic risk management program for a project or operation
  • Participate in risk management sessions with good understanding of risk management
Requirements
  • No previous knowledge of risk management is expected.
  • No software requirements or prerequisite knowledge necessary
Description

This course teaches the concepts of Risk Management in a simple to understand language. In addition to the basic definition and fundamental concepts related to Risk Management, this course also teaches how to implement Risk Management in an organization.

Five steps of managing risk include:  Planning for Risk Management, Identifying Risks, Analyzing Risks, Planning Risk Response and Implementing, and Monitoring and Controlling Risks.

Identified risks are recorded in the 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. 

I have also included a template of Risk Register, which can help you getting started with the implementation of Risk Management in your organization.

Risks could be negative or positive (opportunity). What are the approaches to address positive and negative risks?

ISO 9001:2015 requires Risk-Based Thinking to be applied to all processes.

Who this course is for:
  • 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.
Course content
Expand all 19 lectures 02:06:37
+ Introduction
8 lectures 41:59
Risk vs Issue
05:21
Risk Appetite and Risk Tolerance
05:34
Eight Principles of Risk Management (ISO 31000:2018)
09:19
Benefits and Application of Risk Management
04:55
Quiz: Risk Management Definitions and Basic Concepts
4 questions
Download Section 1 Slides
00:01
+ Five Simple Steps of Risk Management
7 lectures 55:33
Step 1: Plan Risk Management
06:09
Step 2: Identify Risks
12:45
Step 3: Analyze Risks
13:00
Step 4: Risk Response for Threats
12:00
Step 4: Risk Response for Opportunties
07:14
Step 5: Monitor and Control Risks
04:24
Quiz: Risk Management Process
14 questions
Download Section 2 Slides
00:01
+ Conclusion
4 lectures 29:05
Risk Register - Template for Downloading Included
12:15
Failure Mode and Effects Analysis (FMEA)
10:49
Quiz - Risk Management Conclusion Topics
3 questions
Download Section 3 Slides
00:01