React effectively to risks

Important to know:
The course video is English with Romanian subtitles and test questions are in Romanian.

Overview

The third step you need to take when managing risk, once you have identified and assessed the risks to your organization, is to manage them properly. Some risks may be more likely to come true than others, while others may have a much more negative impact. You will need to treat each of these types of risks differently. This course covers how to create an effective risk response strategy, adjust risk exposure, and plan for action in the event of unforeseen circumstances. The course also outlines specific strategic plans to address risks that may be a threat or an opportunity.

 

Objectives

• to identify the best responses to different types of threats

• to recognize threat transfer methods

• to identify ways to mitigate threats

• to choose the best responses to types of threat acceptance

• types of possible responses based on opportunities

• learn how to effectively use contingency response strategies

• use techniques to respond effectively to business risks

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Enrolled: 4 students
Video: 00:18:25
Level: Introductory

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