• Online, Self-Paced
Course Description

Risk is an inevitable aspect of any business. As a manager, it's important that you mitigate or avoid the potential impact of a risk if it comes to pass, to ensure the long-term survival of your organization.

This course focuses on the first step in managing risk, identifying risks to your organization. you'll explore the difference between internal and external risks, and how some risks may actually present a strategic opportunity. you'll also learn how to use some techniques that can help you identify risks and calculate the probability that they will occur, including root cause identification, the Delphi technique, and brainstorming sessions.

Learning Objectives

Risk is an inevitable aspect of any business. As a manager, it's important that you mitigate or avoid the potential impact of a risk if it comes to pass, to ensure the long-term survival of your organization.

This course focuses on the first step in managing risk, identifying risks to your organization. you'll explore the difference between internal and external risks, and how some risks may actually present a strategic opportunity. you'll also learn how to use some techniques that can help you identify risks and calculate the probability that they will occur, including root cause identification, the Delphi technique, and brainstorming sessions.

Framework Connections

The materials within this course focus on the NICE Framework Task, Knowledge, and Skill statements identified within the indicated NICE Framework component(s):

Specialty Areas

  • Risk Management
  • Strategic Planning and Policy