Operational Risk Management (2022)

What you'll learn
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
Requirements
Nil
Description
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...

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