889851

Risk Management

15.00

In this course, you will learn about the seven Rs and four Ts that traditionally represent the key activities of risk management. This will give you a framework that you can customize for a single project, a department, or an entire company.

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Risk management has long been an essential part of project management, but it has also become an increasingly important part of organisational best practices. This course will introduce you to the basic principles of risk management.

After you complete this course, you will be able to:

  • Define risk and risk management.
  • Describe the COSO ERM cube and ISO 31000.
  • Establish a risk management context.
  • Describe the 7 R’s and 4 T’s that form the framework of risk management activities.
  • Design and complete a basic risk assessment.
  • Determine the appropriate response to risks and create a plan for those responses.
  • Describe the key components of reporting, monitoring, and evaluation of a risk management program.

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