This course equips the trainee with the overview of concepts in risk management needed in a business environment.
This module is structured to provide an understanding of the key issues in risk management and enable the trainee to appreciate the importance of risk management in business. The module begins by familiarizing the trainee with the definitions and concepts of risk management.
The module also examines the various types of risk before presenting and discussing risks that are specific to enable the trainees develop a clear understanding of different types of risks and hence distinguish those risks that are more likely to affect your business. Other important issues examined are risk identification, measurement tools, business contingency planning and mitigation methods that can be used in risk management process.