University of Stellenbosch Business School

Fundamentals of Risk Management (Online)

Available dates

Nov 26, 2019—Feb 18, 2020
ZAR 12997 ≈USD 879


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About the course

Risk is unavoidable. Are you able to identify the risk in your business and outline an intelligent, precautionary action plan? With USB-ED’s Fundamentals of Risk Management short course you’ll discover invaluable tools used to successfully address potential drawbacks in your business, and move forward to apply risk-focused principles.

What will I learn?

  • Define the aims and principles of risk management
  • Administer governance relevant to risk management
  • Engage with different legislation and reporting structures, roles and responsibilities
  • Distinguish processes for formulating risk categories
  • Use different assessment methodologies for continuous improvement
  • Calculate your stakeholder analysis
  • Monitor internal and external contexts
  • Assess your cost benefit analysis
  • Gauge considerations relevant to information systems for risk management

Course breakdown

  • Week 1 - Introduction to Risk Management
  • Week 2 - Standards, Guidelines and Risk Strategy
  • Week 3 - Risk Management Policy, Risk Classification and Continuous Improvement
  • Week 4 - Risk Management Framework – Communication and Context
  • Week 5 - Risk Management Framework – Risk Identification, Assessment and Evaluation
  • Week 6 - Risk Management Framework – Risk Treatment and Monitoring and Review
  • Week 7 - Risk Management Processes – Assignment
  • Week 8 - Risk Reporting and Attributes of Effective Risk Management
  • Week 9 - Risk Enablers: Change Leadership and Information Management
  • Week 10 - Risk Enablers: Project Management and Customer Stakeholder Relationship Management
  • Week 11 - Risk Enablers: Communication and Research and Analysis
  • Week 12 - Risk Reporting – Assignment

Who should attend

This short course is aimed at those pursuing a career in risk management, or who currently occupy positions of leadership where they’re required to coordinate and steer risk strategy in their respective department or everyday duties. Multiple exercises and assignments will expand your risk management skill-set, and online support will ensure consistent progress throughout the short course.

Trust the experts

Vanessa Thurlwell

Vanessa has over 12 years of experience in Risk Management, primarily Enterprise and Operational Risk Management and graduated in 2000 with a BA and Honours in Environmental Management from UKZN. Vanessa has held positions in Health, Safety and Environmental Management for BHP Billiton, Strateg...


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