Managing Business Risk - Financing and Contingency Planning

Overview/Description
Target Audience
Expected Duration
Lesson Objectives
Course Number

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Overview/Description
Managing Business Risk: Financing and Contingency Planning teaches learners how to identify the dimensions of risk financing and to identify the various categories of risk financing tools. Students will also learn about the major responsibilities of contract management and the importance of developing a business contingency plan.

Target Audience
The target audience for this program is Team Leaders, Directors, Managers, Department Heads. It is recommended that individuals take the first two courses in the series or have equivalent knowledge.

Expected Duration (hours)
2.0

Lesson Objectives

Managing Business Risk - Financing and Contingency Planning

Identify the dimensions of risk financing

Identify the categories of risk financing tools

Identify the most common forms of risk neutralization

Identify the legal characteristics of insurance contracts

Match the methods of insurance rating with their descriptions

Identify forms of self-insurance

Identify factors influencing a company's decision to self-insure

Identify the major responsibilities of contract management

Identify criteria for selecting agents and brokers

Sequence the steps for integrating risk control into an organization

Identify business areas that should be represented on a business contingency plan development team

Identify the definition of key resource redundancy

Identify major parts of a business contingency plan

Course Number:
en_US_42523_ng