Business, Enterprise Risk Management

Risk management for both large and Small businesses and those willing to venture into businsess/entrepreneurship

What you'll learn
You will understand the concept of risk management in Business
You will be able to develop a risk management plan and establish a risk management environment for your business
You can become a better risk manager by practicing many of the risk management techniques covered in this course to help you improve your risk management
You will be intentional about Risk management
You will be able to make risk-based decision. for your businesses and projects
Requirements
No Risk management experience is required
Description
In an era where the world can change in an instant, business risk management helps to take a broader look at all the uncertainties/risk that has the potential to affect our business. Business risk management is an invaluable tool for navigating the uncertain business world.Your business can benefit from risk management by making better decisions based on accurate information. It promote realistic forecasting and you can make sound management decisions by taking into account the best current knowledge of the future.Businesses are better managed with risk fully understood. Specific risk can be negotiated, it can be made clear who bears them, and how they can be responded to.Risk management helps to guarantees growth, profitability and sustainability of our business. It is important to timely  identify and manage risk. Risk should be sufficiently mitigated to a level where they no longer pose a threat to the business objectives.Sound business decisions are not made because the decisions looks nice, sound business decisions are made haven considered the risk that may impact the business objectives.This course is designed to equip business owners, managers and individuals interested in going into business/entrepreneurship with the required expertise to identify, analyze and respond to risk before they become a problem to the business

Overview

Section 1: Introduction

Lecture 1 Introduction

Lecture 2 Overview

Lecture 3 Intro

Section 2: Course Objective

Lecture 4 What is Risk

Lecture 5 What is risk management?

Lecture 6 Risk Management Life Cycle

Lecture 7 Example of everyday risk

Section 3: Principles of Risk Management

Lecture 8 Principles

Lecture 9 Principles 2

Lecture 10 principles3

Lecture 11 Principles4

Section 4: Risk Identification

Lecture 12 Risk identification and Prioritization

Lecture 13 Brainstorming technique

Lecture 14 Stakeholders interview

Lecture 15 SWOT ANALYSIS

Section 5: Case Study

Lecture 16 XYZ Case study

Lecture 17 Risk register(identify risk)

Lecture 18 Value chain risk identification

Lecture 19 Risk analysis

Lecture 20 Introduction to Risk Assessment Matrix

Lecture 21 Quantitative risk analysis

Lecture 22 Quantitative Risk Analysis Techniques

Section 6: Plan Risk responses

Lecture 23 Plan risk response

Lecture 24 Bowtie

Lecture 25 Risk response strategy

Lecture 26 implement responses

Lecture 27 Hints

Section 7: Review Monitor and Appraise

Lecture 28 Review

This course is for Business owners, project practitioners and all those intending to go into business and project management