Course in Operational Risk Management
Online USA
Course
DURATION
3 hours
LANGUAGES
English
PACE
Full time, Part time
APPLICATION DEADLINE
EARLIEST START DATE
TUITION FEES
STUDY FORMAT
Distance Learning
* free course
Key Summary
Equip yourself with this online operational risk management course that will teach you how to measure, assess and manage risk within your organization irrespective of type and size. By the end of the course, you will understand how to establish a risk management process using various frameworks and strategies. You will learn the theory and practice of risk management and the results expected from a successful risk management process.
This Free Online Course Includes:
- 1.5-3 Hours of Learning
- CPD Accreditation
- Final Assessment
Alison Certificates
All Alison courses are free to enrol study and complete. To successfully complete this Diploma course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this Diploma course, you have the option to acquire an official Diploma, which is a great way to share your achievement with the world.
Your Alison Diploma is:
- Ideal for sharing with potential employers
- Include it in your CV, professional social media profiles and job applications.
- An indication of your commitment to continuously learn, upskill & achieve high results.
- An incentive for you to continue empowering yourself through lifelong learning.
Alison offers 3 types of Diplomas for completed Diploma courses:
- Digital Diploma: a downloadable Diploma in PDF format immediately available to you when you complete your purchase.
- Diploma: a physical version of your officially branded and security-marked Diploma, posted to you with free shipping.
- Framed Diploma: a physical version of your officially branded and security-marked Diploma in a stylish frame, posted to you with free shipping.
As we are an online platform, we do not offer degrees or scholarships.
Risk management is essential for the success of every business as it helps identify, assess and manage financial problems under any condition. This course will teach you how to identify business and operational risks and improve your management skills. In addition, you will understand why there is a need for risk management tools as well as the main steps of risk management that every business professional should know.
Next, you will learn how to make key business decisions, including analyzing risks involved in handling all activities required in creating and delivering an organization's goods or services to its customers on a day-to-day basis effectively and efficiently. The course will enable you to develop the strategic thinking ability required to achieve operational excellence and the necessary methodology to lead operational innovation. You'll be able to integrate effective operational routines into any organizational culture.
By the end of the course, you will understand how to build an operational risk management program using various frameworks, standards and strategies. You will become better equipped with the theory and practice of risk management and the results expected from a successful risk management process. As a result, business managers, corporate executives, project management practitioners, risk managers, operations planners and individuals who wish to learn or improve their risk and operations management knowledge can benefit from this course. So wait no more to enrol in this course and improve your risk management skills.
Module 1
Risk Management Fundamentals
In this module, you will learn all the basics of risk management, including the goals and definitions, terms associated with risk management, risk management processes, and risk assessments.
Module 2
Enterprise Risk Management (ERM)
This module teaches what ERM is and its different frameworks and components. You will understand the risk management standards, the difference between ERM and traditional risk management, and key ways to implement the ERM framework. In addition, you will learn how to coordinate ERM teams for effective risk analysis.
Module 3
Course assessment
What You Will Learn In This Free Course
- Outline an operational risk assessment program.
- List tools and techniques in identifying operational risks in an organization.
- Describe the various risk management processes and approaches.
- Discuss the risk management process using various frameworks and strategies.
- Distinguish between the various risk management standards and their applications in risk assessment.
- Summarize the various terms associated with risk management.
- Identify the limitations of risk management.
- Evaluate risk assessment effectiveness through risk audit.
- Define the concept of Enterprise Risk Management (ERM).
- Explain the different ERM frameworks and components.
- Compare several ways and alternatives to implementing the ERM framework.
- Select ERM teams for effective risk analysis.
Complete This CPD Accredited Course & Get Your Certificate!
Certify Your Skills
A CPD-accredited Alison Diploma/Certificate certifies the skills you’ve learned.
Stand Out From The Crowd
Add your Alison Certification to your resume and stay ahead of the competition.
Advance in Your Career
Share your Alison Certification with potential employers to show off your skills and capabilities.
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