Managing Risk
- 4 Courses | 1h 15m 35s
- 8 Books | 53h 47m
- 9 Audiobooks | 36h 53m 4s
Managing risk well requires identifying risk factors, evaluating potential impacts, and developing risk mitigation plans. Expand your knowledge. Learn how to identify, assess, and prioritize risks and uncertainties while minimizing, monitoring, and controlling the impact of risk realities. Explore effective risk management strategies.
GETTING STARTED
Identifying Risks in Your Organization
-
1.Identifying Risks in Your Organization38sNOW PLAYING
-
2.Considering Internal and External Risks3m 6sUP NEXT
COURSES INCLUDED
Identifying Risks in Your Organization
Risk is an inevitable aspect of any business. As a manager, it's important that you mitigate or avoid the potential impact of a risk if it comes to pass, to ensure the long-term survival of your organization. This course focuses on the first step in managing risk, identifying risks to your organization. You'll explore the difference between internal and external risks, and how some risks may actually present a strategic opportunity. You'll also learn how to use some techniques that can help you identify risks and calculate the probability that they will occur, including root cause identification, the Delphi technique, and brainstorming sessions.
7 videos |
18m
Assessment
Badge
PMI PDU
Assessing Your Organization's Risks
Risk is a fact of life for businesses and one that will never just go away. But before you can start managing risk, you need to be able to assess a risk - as well as its probability - in order to create a strategic plan that will enable you to avoid or mitigate its potential negative impact. In this course, you'll learn some common techniques for assessing risk, including opportunity assessment, and threat assessment using FMEA - failure mode and effects analysis.
7 videos |
20m
Assessment
Badge
PMI PDU
Responding Effectively to Risks
The third step to take when managing risk, once you've identified and assessed risks to your organization, is to deal with them appropriately. Some risks may have a higher probability of becoming a reality than others, while others may have more of a negative impact. You'll need to treat each of these types of risks differently. This course covers how to create an effective strategy for responding to risk, such as risk exposure adjustment and contingency planning. It also outlines specific strategic plans for dealing with a risk that may be a threat or an opportunity.
7 videos |
18m
Assessment
Badge
PMI PDU
Managing a Project to Minimize Risk and Maximize Quality
When starting a project, there are many things to consider. One key area is risk. Managing risks means preparing ahead of time for all the things that could go wrong…or go right! Another key area is quality. How are you going to ensure that your product or service meets stakeholders' expectations? And then there's figuring out whether to do all the work in-house or outsource it to a third party. And how do you choose the vendors who will partner with you in managing risk to maximize quality? This course will help you sort out all these considerations by explaining common methods and best practices related to risk management, quality management, and procurement.
7 videos |
18m
Assessment
Badge
PMI PDU
SHOW MORE
FREE ACCESS
EARN A DIGITAL BADGE WHEN YOU COMPLETE THESE COURSES
Skillsoft is providing you the opportunity to earn a digital badge upon successful completion on some of our courses, which can be shared on any social network or business platform.
Digital badges are yours to keep, forever.BOOKS INCLUDED
BOOK SUMMARY
MIT Sloan Management Review Article on How to Manage Risk (After Risk Management has Failed)This article from MIT Sloan Management Review suggests how the key shortcomings of traditional risk management can be addressed by adopting a more sophisticated alternative - the Bayesian approach.
13m
By Adam Borison, Gregory Hamm
Book
Business Continuity and Risk Management: Essentials of Organizational ResilienceContaining state-of-the-art summation of global body of knowledge for BCM and RM, this first ever graduate/senior undergraduate college text includes current international standards, case studies, and extra chapters that focus on IT, Emergency Management, and Risk Modeling applications.
5h 55m
By Douglas M. Henderson, Kurt J. Engemann
Book
Handbook on Decision Making: Vol 2: Risk Management in Decision MakingPresenting innovative theories, methodologies, and techniques in the field of risk management and decision making, this book introduces new research developments and provides a comprehensive image of their potential applications to readers interested in the area.
9h 7m
By Guangquan Zhang (eds), Jie Lu, Lakhmi C. Jain
Book
Implementing Enterprise Risk Management: Case Studies and Best PracticesA practical guide to establishing an effective ERM system by applying best practices at a granular level, this insightful book includes case studies of leading organizations and provides clear, demonstrative instruction on establishing a strong, real-world system.
13h 54m
By Betty J. Simkins, John R.S. Fraser, Kristina Narvaez
Book
Fundamentals of Risk Management: Understanding, Evaluating and Implementing Effective Risk Management, 3rd EditionProviding a comprehensive introduction to the subject of commercial and business risk, this book is completely aligned to ISO 31000 and examines the key components of risk management and its application, with examples to demonstrate its benefit to organizations in the public and private sector.
8h 30m
By Paul Hopkin
Book
A Risk Professional's Survival Guide: Applied Best Practices in Risk ManagementIncluding real world examples and lessons learned from past crises, this book provides clear explanations of the importance of risk management in preventing financial disasters, and introduces all of the key risk management concepts in a cohesive case study spanning each chapter.
9h 44m
By Clifford Rossi
Book
The Manager's Guide to Risk Assessment: Getting it RightAs a responsible manager, you need to consider threats to your organization's resilience. In this guide, Douglas M. Henderson will help you follow a clearly explained, step-by-step process to conduct a risk assessment.
1h 30m
By Douglas M. Henderson, Kristen Noakes-Fry
Book
The Risk Management Handbook: A Practical Guide to Managing the Multiple Dimensions of RiskDrawing together leading voices from the major risk management application areas - from GRC to supply chain risk, operational risk to cyber risk - this expert guide showcases best practice in each discipline and provides a succinct and coherent picture of the field as a whole.
4h 54m
By David Hillson (ed)
SHOW MORE
FREE ACCESS
AUDIOBOOKS INCLUDED
AUDIOBOOK SUMMARY
Risk Management: Concepts and Guidance, Fifth EditionRisk Management provides an in-depth look at risk in the project management environment, and supplies a variety of practical techniques that can be used to ensure project success. In this Summary, we discuss the salient points of the book based on our interpretation of its contents.
21m 34s
By Carl L. Pritchard
AUDIOBOOK SUMMARY
The Risk Management Handbook: A Practical Guide to Managing the Multiple Dimensions of RiskThe Risk Management Handbook provides a comprehensive guide to understanding and handling risk. In this Summary, we discuss the salient points of the book based on our interpretation of its contents.
20m 14s
By David Hillson (ed)
AUDIOBOOK SUMMARY
Fundamentals of Risk Management: Understanding, Evaluating and Implementing Effective Risk Management, Third EditionFundamentals of Risk Management, Third Edition explores the vital role of risk management for organizational success and development, and provides a framework to identify, control, and monitor risk. In this Summary, we discuss the salient points of the book based on our interpretation of its contents.
22m 14s
By Paul Hopkin
AUDIOBOOK SUMMARY
Risk Maturity Models: How to Assess Risk Management EffectivenessRisk Maturity Models discusses what risk maturity models are and how you can implement the most effective one to protect your company and increase its profits. In this Summary, we discuss the salient points of the book based on our interpretation of its contents.
20m 8s
By Domenic Antonucci
Audiobook
The Ten Commandments for Business FailureThis audio edition offers light-hearted, "how-not-to" business advice from Don Keough, a former top executive at Coca-Cola and now chairman of the elite investment banking firm Allen & Company.
4h 17m 47s
By Donald R. Keough
Audiobook
Strategic Connections: The New Face of Networking in a Collaborative WorldThis audio edition provides practical advice for building better, more productive business relationships.
7h 5m 2s
By Andre Alphonso, Anne Baber, Jim Wylde, Lynne Waymon
Audiobook
How to Hit a Curveball: Confront and Overcome the Unexpected in BusinessThis audio edition can help anyone avoid striking out in both their business and their personal lives by following a simple set of rules for surviving uncertainty.
6h 37m 22s
By Mark Levine, Scott R. Singer
Audiobook
The Upside of the Downturn: Ten Management Strategies to Prevail in the Recession and Thrive in the AftermathThis audio edition - based on extensive interviews with global executives and other experts - synthesizes the ten most important guidelines for tough times.
6h 28m 46s
By Geoff Colvin
Audiobook
Billion Dollar Lessons: What You Can Learn from the Most Inexcusable Business Failures of the Last 25 YearsThis audio edition draws on research into more than 750 flameouts to reveal the seven biggest reasons for business failure.
10h 59m 57s
By Chunka Mui, Paul B. Carroll
SHOW MORE
FREE ACCESS
SKILL BENCHMARKS INCLUDED
Risk Management
Managing risk well and risk taking requires identifying risk factors, evaluating potential impacts, and developing risk mitigation plans. When considering managing risk, it's important to include planning and global perspective. Expand your knowledge of risk management, and learn how to identify, assess, and prioritize risks and uncertainties while minimizing, monitoring, and controlling the impact of risk realities. Explore effective risk management strategies. This benchmark evaluates your understanding of this topic. Being aware of potential knowledge gaps allows you to better understand your current competency and areas for improvement, so you can find suitable content and curate your own learning path. The courses recommended at the end of this benchmark can help you fill potential gaps in your knowledge.
8m
| 8 questions