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Further Information - Principles of Risk Management Training
Description
Who is this course for?
This Principles of Risk Management Training Course is for personnel requiring an awareness and understanding of risk management.
Is previous experience required?
You do not need prior knowledge or experience to complete this course.
How will this course benefit me?
This course is designed to enable all personnel to have a common and consistent approach to industry best practice in relation to risk management.
How will this course benefit my company?
By ensuring you have a common and consistent approach to industry best practice in relation to risk management.
What standards are referred to in this course?
This course does not refer to specific legislation or standards but is written according to industry best practice.
Is there an assessment?
Once you have completed the course, you will be asked a series of questions to check your knowledge and understanding. These are based on the learning objectives for the course and have a pass mark of 80%.
Learning Objectives
• Define the term ‘risk’
• Describe the different types of risk
• Describe the risk assessment process
• Describe how risk may be quantified
• Explain how to use a risk matrix
• Describe accident models and causation
• Describe accident ratios and how they are used in risk management
• Describe the advantages of identifying patterns in risk reduction
• Describe what is meant by the term ALARP
• Explain how human behaviour can affect risk
• Describe how barriers are used to prevent risk
• Describe the term Enterprise Risk Management (ERM)
• Identify the problems that may be encountered when implementing ERM
• Describe a risk response strategy
• Identify the steps in the risk management process
• Describe the internal audit process
Assessment
Once you have completed the course, you will be asked a series of questions to check your knowledge and understanding. These are based on the learning objectives for the course and have a pass mark of 80%.
System Requirements
• Internet access - users will need a device with a web browser and internet connection
• System - runs on computers, tablets and mobile devices using Windows 7 and above and MAC OS devices running IOS 11 and above
• Browsers - Edge, Chrome, Firefox and Safari
• Minimum browser size - none
• Audio - requires device speaker or headphones
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