Introduction to Risk Management

Learning outcomes

After successful completion of this course, you will be able to:

• Define risk: Be able to clearly define risk in the context of organisational objectives, identify how uncertainties can affect outcomes, and recognise various types of risks, such as strategic, operational, compliance, and financial risks.
• Recognise the purpose and importance of risk management: Understand the principles of risk management, key benefits of effective risk management, risk management frameworks, and likelihood and consequence.
• Identify the steps in the risk management process: Including how establishing the context of the organisation, identifiy risk, and create risk statements.
• Explain your role in helping to identify and manage risk: Understand how risks can be treated, various risk management tools and who is responsible for risk and risk management.

Prerequisites

There are no prerequisites for this course.

Pricing

Price per module per user: (AUD) $230 (inc. GST)

How to pay

We offer a variety of payment methods:

• Bank Transfer 
• Credit card
• Cheque

Please note: Payment is required to be received before access to the course is granted. 

Who should complete?

This course is suited to those who are interested in learning about risk and risk management; however, anyone interested can complete this module. It is suitable for beginners or people with limited prior exposure to risk management.

We can help upskill yourself, your team, or your entire organisation. Contact us to find out more.

Study Pathway

This course provides a foundational introduction to risk management concepts. Our 2-day Risk Management Fundamentals course delves deeper into ISO 31000:2018, offering a practical understanding of risk management principles and governance. Our 2-day course covers key concepts such as frameworks, assessment tools, assurance, and stakeholder management, emphasising the successful application of these principles in various business processes, including reporting, decision-making, and project management, enabling you to apply effective risk management practices aligned with ISO 31000:2018.

How to enrol

Register for the course via the Contact Us button on this page. We will be in contact with you to register your enrolment. We will send you an invoice and upon receipt of payment, you will be granted access to your course. 

Who benefits from this course?

Anyone can benefit from this course as it is an introduction to risk management, meaning that it can be applied in various situations. Those who benefit most from improving their risk management skills are:

• Professionals: Individuals in industries such as construction, healthcare, and finance, which often face high-risk exposure, can gain valuable risk management strategies to apply in their work environments.
• Managers: Managers serve as the primary point of contact for emerging risks in the workplace, making it essential for them to understand how to effectively control and resolve these issues in a timely manner.
  
• Business Owners: Owning a business involves numerous aspects that require protection. Learning to identify risks early enables business owners to stay one step ahead and operate successfully.