The 4 Types of Risk Management
Duration10'
No. of mini-lessons3
ResourcesTakeaway Tasks
Duration 10'
No. of mini-lessons 3
Resources Takeaway Tasks
Course overview
When it comes to risk management, there are 4 main ways of doing things: accept, transfer, avoid, and reduce. Each way works better in some scenarios than others, so picking the right one is critical.
This course will help your operational managers understand the 4 risk management strategies, so they can select the right approach to managing risks in your business.
What's covered
The 4 risk management strategies
How to select the most appropriate strategy for the risk in question
The 6 stages of the risk management process
Why your teams need this course
This course will help your operational managers understand the 4 risk management strategies and where it is most appropriate to use them. Suitable for business leaders, owners, and operational managers, they’ll also learn the risk management process they can utilize with all 4 approaches.
Accredited by CPD
TalentLibrary is recognized as reaching the standards and benchmarks required by the Continuing Professional Development (CPD) Certification Service.
The CPD Certification Service is the world’s leading and largest independent accreditation organization for professional development courses across all industry sectors.