Practical Risk Management - DPS 59037

DPS 59037 7 hours

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The course focuses on the steps of the risk management decision making process:

  1. Identifying and analyzing the loss exposures,
  2. Developing alternative techniques for treating each exposure,
  3. Controlling risks, and
  4. Financing risks

Subjects involved include, choosing the best risk management alternative and guidelines for selecting the most appropriate techniques for handling each exposure, then implementing these alternatives.
 

Objectives: 

On completion of this course, students should be able to:

  • Understand and describe what the risk management process involves; including Risk Assessment, Control & Financing options
  • Identify the loss exposure categories that organizations may face, including understanding of the legal foundation of liability exposures.
  • Understand quantitative tools available to assess the significance of a loss exposure to an organization.
     
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