Risk management
Risk management

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Risk management

Introduction and guidance

Welcome to this free course, Risk management. The course lasts eight sessions, with approximately three hours of study each session. You can work through the course at your own pace, so if you have more time one session there is no problem with pushing on to complete another session’s study.

You will be able to test your understanding of the course through the interactive quizzes, of which Sessions 4 and 8 will provide you with an opportunity to earn a badge to demonstrate your new skills. You can read more on how to study the course and about badges in the next sections.

After completing this course, you will be able to:

  • identify and understand the risks faced by organisations
  • assess and measure the impact of risks on organisations
  • understand the different ways that risks can be managed or mitigated
  • understand how organisations can apply ‘Enterprise Risk Management’
  • understand the importance of effective monitoring and reporting of risks.

Moving around the course

In the ‘Summary’ at the end of each session, you can find a link to the next session. If at any time you want to return to the start of the course, click on ‘Course content’. From here you can navigate to any part of the course. Alternatively, use the session links at the top of every page of the course.

It’s also good practice, if you access a link from within a course page (including links to the quizzes), to open it in a new window or tab − that way you can easily return to where you’ve come from without having to use the back button on your browser.

The Open University would really appreciate a few minutes of your time to tell us about yourself and your expectations for the course before you begin, in our optional start-of-course survey [Tip: hold Ctrl and click a link to open it in a new tab. (Hide tip)] . Participation will be completely confidential and we will not pass on your details to others.

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