Managing Business Risk

Course Outline

Duration: 1 Day

Description: This course will help students identify special risk-management considerations for specific types of businesses and industries. It will also help students develop a strategic approach to risk, which, when understood across the organization, with commitment at the very highest level, can enhance a company's competitive advantage and contribute to the company's value. The open, modular-style manual is designed for quick scanning in the classroom, and is filled with interactive exercises that will allow students to explore the intricacies of managing business risk.

Course Contents:

Unit 1: Developing a risk management plan

Topic A: Evolution of risk management

Topic B: Risk management environment

Topic C: Plan development and implementation

Unit 2: Risk identification and control

Topic A: Risk identification

Topic B: Risk evaluation and control

Unit 3: Risk classifications

Topic A: Risk exposures

Topic B: Risk categorization

Unit 4: Risk financing methods

Topic A: Overview of risk financing

Topic B: Risk transfer

Topic C: Risk retention

Unit 5: Risk management

Topic A: Contract management

Topic B: Business contingency planning