This module is no longer being offered to new students. Continuing students who are part way through can enrol by contacting Customer Service at [email protected] or phone 03 9613 7200.
Skills Unit
RM501-15

Introduction to Risk Management

This module provides you with an introduction to the theory of risk and begins to identify how the theory is applied in a practical context. It outlines the risk management policy and framework, which form the foundations of the risk management process. It
provides you with an in-depth breakdown of the five phases of the risk management process, including: communicate and consult, establish the context, risk assessment, treat risks, monitor and review.

20 CIP Points
Introduction to Risk Management
AUD $845
Risk Management
12 weeks
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What you'll learn

  • Identify and describe the risk management process 
  • Identify and assess risk controls 
  • Communicate with relevant stakeholders at each stage of the risk management process 
  • Develop risk evaluation criteria 
  • Assess current risk exposures 
  • Compare risk exposures with organisational guidelines and external obligations 
  • Analyse risk exposures using measurement criteria 
  • Identify the scope sectors and responsibilities of the risk management sector 
  • Identify and apply industry guidelines, procedures and legislation 
  • Manage information and plan work within organisational requirements

Competencies

BSBRSK501 Manage risk

FNSRSK501 Undertake risk identification

FNSRSK502 Assess risks

Online Assignment

  • Pass Grade: students must be assessed as competent in all assignment questions

Online Exam

  • Pass Grade: 50%
  • Duration: 90min
20 CIP Points
Introduction to Risk Management
AUD $845
Risk Management
12 weeks
Enrol Now