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Risk Management Diploma

Level 3 / ABC Awards / ODL92

This Quality Assured Level 3 Diploma in Risk Management can prepare the student for taking up a new risk management role.

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online course

pay in full

monthly payments

WAS £589.00

NOW £441.75 or only £325.50 initial deposit

course duration: 200 hrs

study type: online

Course Description


It is also ideal for those who would like to develop and hone their skills within an existing risk management role.

The course examines changes in risk management practice against the context of the changes in UK, EU, US and global economy, and will be of particular interest to those needing to practice risk management skills on a day-to-day basis.

It provides detailed learning on a range of relevant risk management topics, combining theoretical background with the practical tools, risk management techniques and risk communication formats needed for everyday risk managers. Materials can be studied online or students have the option to have the printed materials delivered for an additional charge of £65.

The course consists of ten modules and an online examination at the end of the course.

Course Content

Module One - What is Risk Management?

This module will introduce the student to modern concepts of risk management (RM) skills, and how these can change and develop within a business management context. It examines the way RM evolves, and the risk manager's role in this process. The module concludes a range of guidelines in practical risk issues, looking at effective RM.

Module Two - The individual as a Risk Manager

This module focuses on some essential core skills for a risk manager, with tips and techniques for successful risk management risk goal-setting, risk problem-solving, effective risk resolution meetings, risk interviewing and giving or receiving risk related feedback. Relevant tools are explored, including risk landscape analysis.

Module Three - Risk Structure and Environment

This module includes an assessment of different features and types of risk organisation structure and the various environments within which risk organisations operate. This module assesses recent trends and the move towards the use of risk integration, and also looks at how to analyse their effects to anticipate a risk organisation future evolution.

Module Four - Managing Risk Processes

This module considers the internal features of a risk organisation, including planning and strategy, risk costs and budgets and the benefits of understanding the risk processes of a business. Practical advice is provided on facilitation of workshops, in the context of risk process improvement.

Module Five - Managing Risk Projects

The module asks 'What is a risk project', providing a step-by-step breakdown of the key phases for managing risk projects successfully. It provides advice on financing risk projects, and on quality risk assessment. The module provides guidance on risk project team roles and effective brainstorming for problem-solving.

Module Six- Managing Risk Diversity

This module embraces the increasingly diverse UK, EU, US and global risk mandates and the business case for managing by diversity-unification principles. Key risk issues and legislation issues will be examined, including common challenges and potential conflicts, diverse risk themes of international regulatory styles etc.

Module Seven - Risk and Change

Risk and change may be regarded as a 'chicken and egg principle'  which comes first? Accordingly this module includes a review of risk-caused/affecting organisational changes, managing the risk-change process, dealing with individual resistance and cultural issues, the use of coaching, mentoring and facilitation development.

Module Eight - Quality and Risk

If you cannot size it, you cannot measure it, and if you cannot measure it, you cannot improve it this is a quality and risk axiom. The use of risk goals, related risk performance indicators, service level agreements and benchmarking will be considered, along with a review of quality-risk management improvement.

Module Nine - Audit and Risk

If you cannot audit it, you cannot measure it, and if you cannot measure it, you cannot improve it this is an audit and risk axiom. The use of audit objectives, related risk-audit performance indicators, service level agreements and benchmarking will be considered, along with a review of audit-risk management improvement.

Module Ten - Ethics and Risk

This module examines recent trends in business ethics, corporate governance, environmental issues and social responsibility. Practical advice is provided with tips and guidance on making ethics and risk presentations. Finally, the student is taken through a course review to reflect on their learning and also to help them to set career goals for their next steps.

Mandatory Text Book:

Students are expected to purchase and use the book COMPLIANCE AND CHANGE MANAGEMENT: WHAT YOU DON'T LEARN AT HARVARD by Abe Abrahami, directly from: www.amazon.co.uk or from: www.amazon.com - this can be done at the foot of this webpage.

Modules

Module One - What is Risk Management?
Module Two - The individual as a Risk Manager
Module Three - Risk Structure and Environment
Module Four - Managing Risk Processes
Module Five - Managing Risk Projects
Module Six- Managing Risk Diversity
Module Seven - Risk and Change
Module Eight - Quality and Risk
Module Nine - Audit and Risk
Module Ten - Ethics and Risk

Previous Knowledge

No previous knowledge or experience is essential to study this course.

Assessment

Final online multiple choice examination counts for 100% of the final grade. Throughout the course there are ten SAPs (coursework) and a thesis. The course clearly states that this is not mandatory to complete as it has no bearing on the final grade. We do suggest that students complete these as this will not only assist them in examination preparation but also will give the student the skill set should they wish to continue their studies (continuous professional development) at a higher level.

Awarding Organisation

At the end of this course successful learners will receive a Certificate of Achievement from ABC Awards and a Learner Unit Summary (which lists the details of all the units the learner has completed as part of the course). 

The course has been endorsed under the ABC Awards Quality Licence Scheme. This means that Oxford Learning College has undergone an external quality check to ensure that the organisation and the courses it offers, meet certain quality criteria. The completion of this course alone does not lead to an Ofqual regulated qualification but may be used as evidence of knowledge and skills towards regulated qualifications in the future. 

The unit summary can be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this sector. To this end the learning outcomes of the course have been benchmarked at Level 3 against level descriptors published by Ofqual, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.

 The course itself has been designed by Oxford Learning College to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current regulated qualifications. ABC Awards endorsement involves robust and rigorous quality audits by external auditors to ensure quality is continually met. A review of courses is carried out as part of the endorsement process.

Support

12 Months Tutor Support. Tutors are available to answer student questions relating to course materials and to comment on the assignments that are sent in to state how well students have understood the unit content.

course description

Course Description


It is also ideal for those who would like to develop and hone their skills within an existing risk management role.

The course examines changes in risk management practice against the context of the changes in UK, EU, US and global economy, and will be of particular interest to those needing to practice risk management skills on a day-to-day basis.

It provides detailed learning on a range of relevant risk management topics, combining theoretical background with the practical tools, risk management techniques and risk communication formats needed for everyday risk managers. Materials can be studied online or students have the option to have the printed materials delivered for an additional charge of £65.

The course consists of ten modules and an online examination at the end of the course.

Course Content

Module One - What is Risk Management?

This module will introduce the student to modern concepts of risk management (RM) skills, and how these can change and develop within a business management context. It examines the way RM evolves, and the risk manager's role in this process. The module concludes a range of guidelines in practical risk issues, looking at effective RM.

Module Two - The individual as a Risk Manager

This module focuses on some essential core skills for a risk manager, with tips and techniques for successful risk management risk goal-setting, risk problem-solving, effective risk resolution meetings, risk interviewing and giving or receiving risk related feedback. Relevant tools are explored, including risk landscape analysis.

Module Three - Risk Structure and Environment

This module includes an assessment of different features and types of risk organisation structure and the various environments within which risk organisations operate. This module assesses recent trends and the move towards the use of risk integration, and also looks at how to analyse their effects to anticipate a risk organisation future evolution.

Module Four - Managing Risk Processes

This module considers the internal features of a risk organisation, including planning and strategy, risk costs and budgets and the benefits of understanding the risk processes of a business. Practical advice is provided on facilitation of workshops, in the context of risk process improvement.

Module Five - Managing Risk Projects

The module asks 'What is a risk project', providing a step-by-step breakdown of the key phases for managing risk projects successfully. It provides advice on financing risk projects, and on quality risk assessment. The module provides guidance on risk project team roles and effective brainstorming for problem-solving.

Module Six- Managing Risk Diversity

This module embraces the increasingly diverse UK, EU, US and global risk mandates and the business case for managing by diversity-unification principles. Key risk issues and legislation issues will be examined, including common challenges and potential conflicts, diverse risk themes of international regulatory styles etc.

Module Seven - Risk and Change

Risk and change may be regarded as a 'chicken and egg principle'  which comes first? Accordingly this module includes a review of risk-caused/affecting organisational changes, managing the risk-change process, dealing with individual resistance and cultural issues, the use of coaching, mentoring and facilitation development.

Module Eight - Quality and Risk

If you cannot size it, you cannot measure it, and if you cannot measure it, you cannot improve it this is a quality and risk axiom. The use of risk goals, related risk performance indicators, service level agreements and benchmarking will be considered, along with a review of quality-risk management improvement.

Module Nine - Audit and Risk

If you cannot audit it, you cannot measure it, and if you cannot measure it, you cannot improve it this is an audit and risk axiom. The use of audit objectives, related risk-audit performance indicators, service level agreements and benchmarking will be considered, along with a review of audit-risk management improvement.

Module Ten - Ethics and Risk

This module examines recent trends in business ethics, corporate governance, environmental issues and social responsibility. Practical advice is provided with tips and guidance on making ethics and risk presentations. Finally, the student is taken through a course review to reflect on their learning and also to help them to set career goals for their next steps.

Mandatory Text Book:

Students are expected to purchase and use the book COMPLIANCE AND CHANGE MANAGEMENT: WHAT YOU DON'T LEARN AT HARVARD by Abe Abrahami, directly from: www.amazon.co.uk or from: www.amazon.com - this can be done at the foot of this webpage.

previous knowledge required

Previous Knowledge

No previous knowledge or experience is essential to study this course.

assessment

Assessment

Final online multiple choice examination counts for 100% of the final grade. Throughout the course there are ten SAPs (coursework) and a thesis. The course clearly states that this is not mandatory to complete as it has no bearing on the final grade. We do suggest that students complete these as this will not only assist them in examination preparation but also will give the student the skill set should they wish to continue their studies (continuous professional development) at a higher level.

support

Support

12 Months Tutor Support. Tutors are available to answer student questions relating to course materials and to comment on the assignments that are sent in to state how well students have understood the unit content.

modules

Modules

Module One - What is Risk Management?
Module Two - The individual as a Risk Manager
Module Three - Risk Structure and Environment
Module Four - Managing Risk Processes
Module Five - Managing Risk Projects
Module Six- Managing Risk Diversity
Module Seven - Risk and Change
Module Eight - Quality and Risk
Module Nine - Audit and Risk
Module Ten - Ethics and Risk

awarding organisation

Awarding Organisation

At the end of this course successful learners will receive a Certificate of Achievement from ABC Awards and a Learner Unit Summary (which lists the details of all the units the learner has completed as part of the course). 

The course has been endorsed under the ABC Awards Quality Licence Scheme. This means that Oxford Learning College has undergone an external quality check to ensure that the organisation and the courses it offers, meet certain quality criteria. The completion of this course alone does not lead to an Ofqual regulated qualification but may be used as evidence of knowledge and skills towards regulated qualifications in the future. 

The unit summary can be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this sector. To this end the learning outcomes of the course have been benchmarked at Level 3 against level descriptors published by Ofqual, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.

 The course itself has been designed by Oxford Learning College to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current regulated qualifications. ABC Awards endorsement involves robust and rigorous quality audits by external auditors to ensure quality is continually met. A review of courses is carried out as part of the endorsement process.