Course Description

Operational Risk Management

Alison



Learn and develop core competence in operational risk management with this free online course on Alison. Equip yourself with this online operational risk management course that will teach you how to measure, assess and manage risk within your organization irrespective of type and size. By the end of the course, you will understand how to establish a risk management process using various frameworks and strategies. You will learn the theory and practice of risk management and the results expected from a successful risk management process.


Online Course
Course Code 4782
College Name Alison
Course Category Business, Business Management
Course Type Online Learning
Course Qualification CPD Certificate
Course Location Online Course
Delivery mode
Course Fee Free
Course Duration 1.5-3 hours
Entry Requirements Like all courses on the Alison Free Learning platform this is a free, CPD-accredited course. A Graduate can choose to buy a certificate or diploma upon successful completion of a course, but this is not required or necessary. At Alison we believe that free education, more than anything, has the power to break through boundaries and transform lives. Alison is the world’s largest free online empowerment platform for education and skills training, offering over 5000 CPD accredited courses and a range of impactful career development tools. It is a for-profit social enterprise dedicated to making it possible for anyone, to study anything, anywhere, at any time, for free online, at any subject level. Through our mission, we are a catalyst for positive social change, creating opportunity, prosperity, and equality for everyone.
Career Path In This Free Course, You Will Learn How To • 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
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