Introduction to Risk Management

Overview

Framework:
Access to HE 2024
Level:
Level 3
Unit No:
Not available
Credits:
6
Guided learning hours:
Not available

Qualification Grading Type

Graded

For the full unit details, please download the latest version of the qualification specification. This is available for download on the relevant qualifications page.

Unit Learning Outcomes

To view the assessment criteria and any additional content, please expand the relevant learning outcome below.

1. — Understand the basic elements of risk.

Assessment Criteria

2. — Understand how risk can be identified and analysed

Assessment Criteria

  • 2.1.

    Analyse the need for risk information.

  • 2.2.

    Evaluate methods of collecting risk information.

3. — Understand how risk can be evaluated.

Assessment Criteria

  • 3.2.

    Analyse the use and content of risk registers in risk evaluation, including the importance of regular review.

4. — Understand how risk is managed in practice.

Assessment Criteria

  • 4.3.

    Explain the generic risk management process and the role of enterprise risk management (ERM).

  • 4.4.

    Analyse risk management services available in the market.