Managing Organizational Risks

Everyone
  • 6 videos | 22m 39s
  • Includes Assessment
  • Earns a Badge
  • Certification CPE
Rating 4.6 of 364 users Rating 4.6 of 364 users (364)
Once you've identified and assessed a potential risk to your organization, the next step is to manage it appropriately. Some risks may have a higher probability of becoming a reality, while others may have a more negative or more positive impact. Your ability to detect risks will vary as well. You'll need to be prepared to manage each of these risk effects accordingly. In this course, you'll learn about risk response strategies and methods you can use to minimize organizational threats and leverage opportunities. You will also learn how you can create contingency response plans.

WHAT YOU WILL LEARN

  • Discover the key concepts covered in this course
    Recognize methods of managing organizational threats
    Recognize methods of leveraging organizational opportunities
  • Identify steps to create a contingency response plan
    Identify strategies for managing risks to a project
    Reflect on what you've learned

IN THIS COURSE

  • 1m 43s
    Risk management should start as early as possible in a project’s life cycle. After identifying and assessing the risks, you should be prepared to manage them appropriately. In this video, you'll discover the key concepts that will be covered in this course, including methods and strategies for managing threats and leveraging opportunities, and steps to take to create a contingency response plan. FREE ACCESS
  • 5m 22s
    Risk-response strategies sort every threat to a project’s progress into separate categories, then rank those categories in terms of impact. In this video, you'll learn about methods for managing organizational threats. FREE ACCESS
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    3.  Responding to Organizational Opportunities
    4m 43s
    It’s become acceptable to think of risks in more positive terms. An upside risk, or opportunity, is an uncertainty that could have a beneficial effect on achieving your project objectives. In this video, you'll learn methods for leveraging organizational opportunities. FREE ACCESS
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    4.  Accepting Risk with Contingency Response Strategies
    5m 20s
    Contingency planning actively anticipates what might happen to endanger your people, physical assets, or business’s reputation. It lets you take necessary precautions and arrangements for prompt, effective action when a threat occurs. In this video, you'll learn steps for creating a contingency response plan. FREE ACCESS
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    5.  Responding to Project Risks
    4m 17s
    No project or organization is immune to risk. Planning a risk response ahead of time allows you to select approaches that minimize threats. In this video, you'll explore strategies for managing risks to a project. FREE ACCESS
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    6.  Let's Review
    1m 14s
    In this video, you'll review and reflect on what you've learned in the course Managing Organizational Risks. FREE ACCESS

EARN A DIGITAL BADGE WHEN YOU COMPLETE THIS COURSE

Skillsoft is providing you the opportunity to earn a digital badge upon successful completion on some of our courses, which can be shared on any social network or business platform.

Digital badges are yours to keep, forever.

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