FoRM 1 - Introduction to Risk Course

In order to fully understand the nature of the risks that your company faces, risk needs to be described in terms of events, causes and consequences.

Our Introduction to Risk course will explain what risk is, how this is different to hazards and issues, the different types of risks, positive and negative risk outcomes, and how risks are classified.

About this Course

Available as part of our Risk Management Library.

Learning objectives

Understand key concepts related to and definitions of risk
Understand risk within the context of a risk event and its causes and consequences
Pinpoint the difference between a risk and a hazard
Identify common risk categories
Distinguish between positive and negative consequences of risk
Understand why it is essential to give risk due consideration in your day-to-day role

Course Contents

Welcome

- Learning objectives
- How to complete this course

What is risk?

- Defining risk
- Understanding risk: Events, causes & consequences
- You decide: Understanding risk

What is a hazard?

- You decide: Risk or hazard?

Risk categories

- You decide: Identify the risk category
- Risk in the real world

Risks: Opportunities or threats?

- Scenario: Scott-Emmerson Imports

Risk in our company

- Scenario: Sasha reflects on risk
- Scenario: Regional suppliers
- Scenario: A promising lead
- Scenario: The local farm

Why is considering risk important?

Summary

Affirmation

Assessment

Course Specifications

Structure

Approximately 30-minute long e-learning course followed by a 10-question assessment.

Audience

Suitable for all staff - examples and interactivities designed for staff at all levels. No previous knowledge or experience is required.

Design

SHARD-compliant, responsive display on all devices, accessibility on screen readers, visual design controlled via a client style sheet.

Compatibility

All Windows, Mac OSX, iOS, Android (Flash-free for mobile compatibility). AICC and SCORM 1.2-compliant, suitable for both hosted and deployed SCORM or AICC.