Risk is a fact of life for businesses and one that will never just go away. But before you can start managing risk, you need to be able to assess a risk – as well as its probability – in order to create a strategic plan that will enable you to avoid or mitigate its potential negative impact.
In this course, you’ll learn some common techniques for assessing risk, including opportunity assessment and threat assessment using FMEA – failure mode and effects analysis.
This course was developed with experts in the subject matter provided by the International Institute for Analytics (iianalytics.com).
Please Note: This course is provided by a third party and requires an extra step to obtain the CPE certificate. Upon completion of the course, download your course transcript and go to certificaterequest.skillsoft.com to request the certificate.
Upon completion of this course, you will be able to:
Identify the key concepts in assessing risks
Distinguish between common techniques to assess opportunities and those to assess threats
Recognize techniques to assess both opportunities and threats together
Identify questions to ask when performing an assessment of opportunities
Recall the steps in assigning rankings during a threat assessment
Sequence the steps to take in calculating the RPN and prioritizing risks
Recognize methods for performing a risk assessment
Estimated Course Duration: 30 minutes (0.5 CPE)
Delivery Method: Online Self-Study
Field of Study: Business Management and Organization
Protiviti is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: nasbaregistry.org.