Risks can come from threats from project failures, supply chain interruption, deliberate competitive attack, technological evolution, legal liabilities, financial uncertainty, accidents, natural causes and disasters as well as events of unpredictable root-cause.
The course teaches the definition of risk, the underlying principles of risk management, the process of identifying and evaluating risk to create a risk index for prioritization, development of options for mitigation, and the steps to creating a risk management plan. This course, targeted to managers and staff with responsibility for minimizing the impact of risk, will be taught in person in a mix of class lecture, group discussion and hands-on activities and exercises.