Risk Management Awareness

About this course

Risk management is the process of identifying, assessing, and managing risks that may impact an organisation’s ability to achieve its objectives.

Effective risk management helps organisations reduce the likelihood and consequences of adverse events while also recognising opportunities that may arise from uncertainty. It supports informed decision-making, strengthens resilience, and contributes to long-term success.

This course introduces the key principles of risk management, including risk identification, assessment, treatment, controls, and monitoring, enabling participants to contribute to a proactive risk management culture.

What the course covers

• What is risk? Strategic and operational risk Why is risk management important?
• What is risk?
• Strategic and operational risk
• Why is risk management important?
• Risk management strategy
• Measures of risk
• Risk matrix
• Treatment of risks
• Controls to manage risks
• Mitigating risks and action plans

What people can do afterwards

By the end of the course, participants will be able to:

• understand the fundamentals of risk and risk management
• identify different types of organisational risks, including strategic and operational risks
• understand the purpose and components of a risk management strategy
• apply risk assessment concepts, including likelihood, consequence, and risk matrices
• recognise appropriate risk treatment options, controls, and mitigation measures

How it is delivered

• Structured learning Designed for learners who are new to the topic or want a comprehensive overview. The course explores the subject in detail and typically takes 35–40 minutes to complete.
• Accelerated learning Allows learners who understand the topic to proceed quickly through the course in 20-30 minutes. MicroLearns – Short modules for time-poor learners, with each module lasting 5-10 minutes.
• MicroLearns Short modules for time-poor learners, with each module lasting 5-10 minutes.

Two ways to run it

• Your policies, your scenarios

  We rebuild “Risk Management Awareness” around how your organisation actually works, so the training changes behaviour instead of recording completions.

  Build a custom version

• Ready to run as it is

  Deploy the course off the shelf, with light branding if you want it. Delivered with our partner Safetrac, who will contact you directly.

  Deploy off the shelf

Either way, you can run it through our compliance platform or take it as a SCORM package for the LMS you already have.

What it costs

Off-the-shelf pricing starts at $4,000 a year for up to ten courses with your logo and colours applied, rising with how much you want changed. The tiers are the same across the catalogue, so they are set out once on the pricing page rather than repeated on all 101 courses.

If what you actually need is your own scenarios and your own policies rather than a reskin, that is a custom build, and it is the work Hungry Minds does.

Choosing an LMS

If you don’t currently have an LMS, we can help you select a platform that suits your organisation.

For smaller teams or organisations getting started, we typically recommend LearnWorlds for its ease of use and quick setup.For organisations requiring more advanced functionality and reporting, TalentLMS is a strong option.

Learn more:LearnWorlds TalentLMS

We may receive a commission if you sign up to an LMS we recommend. It does not change what we recommend.