People Innovation Excellence
 

BUSINESS RISK ANALYSIS (2 Credits)

Learning Outcomes:

On successful completion of this course, student will be able to: Explain the meaning of risk and the impact of risk on organization; Apply the risk management analysis to assess, control, and transfer risk; Analyze the risk management strategy to ensure that an organization complies with legal and regulatory obligations, and enhance the effectiveness and efficiency of operations within the organization.

Topics:

  1. Approach to defining risk;
  2. Impact of risk on organizations;
  3. Type of risks;
  4. Development of risk management;
  5. Principles and aims of risk management;
  6. Importance of risk appetite;
  7. Tolerate, treat, transfer, and terminate;
  8. Risk control techniques;
  9. Control of selected hazard risk;
  10. Insurance and risk transfer.

Published at : Updated

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