Risk Management

Risk Management
Risk Management is an approximately 30 minute online learning module that covers all aspects of risk management as defined by the Association for Project Management (APM Body of Knowledge V7).

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The APM defines risk management as a process that allows individual risk events and overall risk to be understood and managed proactively, optimising success by minimising threats and maximising opportunities. Learners will discover the key factors and fundamental elements that should be considered and addressed when managing risk, including:

  • The definition of risk
  • The stages of the risk management process
  • Risk identification techniques
  • Qualitiative risk assessment methods and techniques
  • Quantitative risk assessment methods and techniques
  • Responses used to deal to risk
  • Using the risk register
  • The importance of risk ownership

Learners will discover the key factors and fundamental elements that should be considered and addressed when managing risk, including:

  • The definition of risk
  • The stages of the risk management process
  • Risk identification techniques
  • Qualitiative risk assessment methods and techniques
  • Quantitative risk assessment methods and techniques
  • Responses used to deal to risk
  • Using the risk register
  • The importance of risk ownership

This course is designed for those new to working in projects, or non-project staff who wish to gain a basic understanding of the project environment and project management terminology.

  • Project team members who are new to the project environment.
  • Staff who are required to interact with the project team but may not be directly involved in project activity.
  • People who are considering a move into the project environment.
  • Project managers with an interest in being exposed to the terminology associated with best practice as defined by the APM.

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