Why you need this course:
Risk management helps people and organizations to realize the opportunities and avert the threats associated with risk. Risk management is a process that risk management professionals use to assess and manage risk.

Upon successful completion of all eleven modules in this course, you should be able to:

• Describe risk management and its broad scope.
   
• Identify the costs and benefits of risk management for a particular organization and for the entire economy.
   
• Identify the steps in the risk management process.
   
• Describe the four types of loss exposures.
   
• Describe the methods of identifying loss exposures.
   
• Explain how to analyze loss exposures along the dimensions of loss frequency, loss severity, total dollar losses, timing, and data credibility.
   
• Describe the following risk control techniques: avoidance, loss prevention, loss reduction, separation, duplication, and diversification.
   
• Describe the risk financing techniques of transfer and retention.
   
• Explain how to select appropriate risk management techniques.
   
• Describe the technical and managerial decisions that must be made to implement the selected risk management techniques.
   
• Identify reasons why a risk management program may need to be revised.

Modules can be studied in any order you choose.

Cost: $48 per course (2 Professional Development Hours @ $24 per hour)

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