Course Overview

Risk management has long been a key part of project management and it has also become an increasingly important part of organizational best practices. Corporations have realized that effective risk management can not only reduce the negative impact of crises; it can provide real benefits and cost savings. The risk management framework provided in this course is flexible enough for any organization. You can apply it to a single project, a department, or use it as a basis for an enterprise-wide risk management program.

Learning Objectives

  • Describe the 7 R’s and 4 T’s that form the framework of risk management activities

  • Define risk and risk management and Describe the COSO ERM cube and ISO 31000

  • Determine the appropriate response to risks and create a plan for those responses and Describe the key components of reporting, monitoring, and evaluation of a risk management program

Course curriculum

  • 1

    Welcome to the course!

    • Student Walk through
  • 2

    Risk Management

    • Lesson 1 - Defining Risk and Risk Management
    • Lesson 2 - Assessing Risk
    • Lesson 3 - Responding to Risks
    • Lesson 4 - Reaction Planning
    • Lesson 5 - Reporting and Monitoring
    • Lesson 6 - Reviewing and Evaluating the Framework
  • 3

    Final Quiz

    • Final Quiz
  • 4

    Next Steps

    • More resources for you