Managing Risk

  • 5 Courses | 1h 45m 27s
  • 9 Books | 64h 41m
  • 9 Audiobooks | 36h 53m 4s
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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

Recognizing Organizational Risks

  • 1m 43s
  • 4m 44s

COURSES INCLUDED

Recognizing Organizational Risks
Risk is an inevitable aspect of any business. As a manager, it's important that you anticipate risks to effectively mitigate or avoid their potential impacts. The first step in handling a threat to your organization is to successfully identify the risks involved. In this course, you'll explore the difference between the internal and external factors that can pose a risk to your organization. You'll also learn about the use of popular risk identification tools and techniques like brainstorming, the Delphi technique for gathering expert opinions, diagram analysis, and documentation reviews.
6 videos | 22m has Assessment available Badge
Assessing Organizational Risks
Risk is a fact of life in business, and you've got to be able to assess your organization's risks to come up with strategies to avoid or reduce the negative effects of the threats you face. In this course, you'll familiarize yourself with key risk assessment concepts such as threats, opportunities, probabilities, and impacts - a necessity before assessing any risks your business may face. You will also learn about the tools and techniques of risk and opportunity assessment, recognizing that risks can either be threats to mitigate or opportunities to exploit for organizational gain.
6 videos | 23m has Assessment available Badge
Managing Organizational Risks
Once you've identified and assessed a potential risk to your organization, the next step is to manage it appropriately. Some risks may have a higher probability of becoming a reality, while others may have a more negative or more positive impact. Your ability to detect risks will vary as well. You'll need to be prepared to manage each of these risk effects accordingly. In this course, you'll learn about risk response strategies and methods you can use to minimize organizational threats and leverage opportunities. You will also learn how you can create contingency response plans.
6 videos | 22m has Assessment available Badge
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 has Assessment available Badge Certification 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 has Assessment available Badge Certification PMI PDU
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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.
book Duration 13m book Authors By Adam Borison, Gregory Hamm

Book

Business Continuity and Risk Management: Essentials of Organizational Resilience
Containing 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.
book Duration 5h 55m book Authors By Douglas M. Henderson, Kurt J. Engemann

Book

Handbook on Decision Making: Vol 2: Risk Management in Decision Making
Presenting 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.
book Duration 9h 7m book Authors By Guangquan Zhang (eds), Jie Lu, Lakhmi C. Jain

Book

Implementing Enterprise Risk Management: Case Studies and Best Practices
A 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.
book Duration 13h 54m book Authors By Betty J. Simkins, John R.S. Fraser, Kristina Narvaez

Book

Fundamentals of Risk Management: Understanding, Evaluating and Implementing Effective Risk Management, 3rd Edition
Providing 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.
book Duration 8h 30m book Authors By Paul Hopkin

Book

A Risk Professional's Survival Guide: Applied Best Practices in Risk Management
Including 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.
book Duration 9h 44m book Authors By Clifford Rossi

Book

The Manager's Guide to Risk Assessment: Getting it Right
As 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.
book Duration 1h 30m book Authors By Douglas M. Henderson, Kristen Noakes-Fry

Book

The Risk Management Handbook: A Practical Guide to Managing the Multiple Dimensions of Risk
Drawing 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.
book Duration 4h 54m book Authors By David Hillson (ed)

Book

The Essentials of Risk Management, Third Edition
The "bible" of risk management-fully updated for an investing landscape dramatically altered by social and technological upheavals
book Duration 10h 54m book Authors By Dan Galai, Michel Crouhy, Robert Mark
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AUDIOBOOKS INCLUDED

AUDIOBOOK SUMMARY

Risk Management: Concepts and Guidance, Fifth Edition
Risk 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.
audiobook Duration 21m 34s audiobook Authors By Carl L. Pritchard

AUDIOBOOK SUMMARY

The Risk Management Handbook: A Practical Guide to Managing the Multiple Dimensions of Risk
The 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.
audiobook Duration 20m 14s audiobook Authors By David Hillson (ed)

AUDIOBOOK SUMMARY

Fundamentals of Risk Management: Understanding, Evaluating and Implementing Effective Risk Management, Third Edition
Fundamentals 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.
audiobook Duration 22m 14s audiobook Authors By Paul Hopkin

AUDIOBOOK SUMMARY

Risk Maturity Models: How to Assess Risk Management Effectiveness
Risk 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.
audiobook Duration 20m 8s audiobook Authors By Domenic Antonucci

Audiobook

The Ten Commandments for Business Failure
This 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.
audiobook Duration 4h 17m 47s audiobook Authors By Donald R. Keough

Audiobook

Strategic Connections: The New Face of Networking in a Collaborative World
This audio edition provides practical advice for building better, more productive business relationships.
audiobook Duration 7h 5m 2s audiobook Authors By Andre Alphonso, Anne Baber, Jim Wylde, Lynne Waymon

Audiobook

How to Hit a Curveball: Confront and Overcome the Unexpected in Business
This 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.
audiobook Duration 6h 37m 22s audiobook Authors By Mark Levine, Scott R. Singer

Audiobook

The Upside of the Downturn: Ten Management Strategies to Prevail in the Recession and Thrive in the Aftermath
This audio edition - based on extensive interviews with global executives and other experts - synthesizes the ten most important guidelines for tough times.
audiobook Duration 6h 28m 46s audiobook Authors By Geoff Colvin

Audiobook

Billion Dollar Lessons: What You Can Learn from the Most Inexcusable Business Failures of the Last 25 Years
This audio edition draws on research into more than 750 flameouts to reveal the seven biggest reasons for business failure.
audiobook Duration 10h 59m 57s audiobook Authors By Chunka Mui, Paul B. Carroll
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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.
7m    |   7 questions