Managing Business Risk - Developing a Risk Management Plan

Overview/Description
Target Audience
Expected Duration
Lesson Objectives
Course Number

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Overview/Description
Managing Business Risk: Developing a Risk Management Plan teaches learners about the various risk management models as well as factors that influence the risk management function in organizations. Students will also learn about the risk management environment that organizations face and the methods used to assess those risks.

Target Audience
The target audience for this program is Team Leaders, Directors, and Managers. There are no prerequisites required for this course.

Expected Duration (hours)
1.5

Lesson Objectives

Managing Business Risk - Developing a Risk Management Plan

Identify the differences between traditional and contemporary risk management

Identify the reasons why risk management is becoming more important

Identify the factors that influence the selection of a risk management model

Categorize business-related risks

Identify company-specific factors that can affect the risk management environment

Identify methods that can be used to assess potential risks

Sequence the steps for establishing strategic risk management goals

Sequence the steps for implementing a risk management plan

Course Number:
en_US_42521_ng