FoRM 1 - Introduction to Risk Course

IIRSM Date Range Logos Updated

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.

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FoR 1 Introduction to Risk

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


- 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?




Course Specifications



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



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



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



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.



Fully customisable on Skillcast Portal CMS.



Pre-translated versions not available, but all text content can be exported for translation into all languages.



Based on best-practice risk management frameworks and suitable for global audiences.

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