Introduction

Disruption, uncertainty and the ‘unthinkable’ are today’s realities. The ability to mitigate threats and take calculated risks are essential for success.

Think pandemics, climate change, cyber threats, complex regulatory environments, data breaches, geopolitics, and the levels of anxiety in the workforce. The pressure to manage these challenges, whilst delivering shareholder, financial, regulatory, customer and ethical expectations have never been so great.  We are unable to control every outcome, but what we can do is harness and nurture our greatest asset, our people, a melting pot of talent to innovate and find solutions.

Old fashioned concepts of risk management focus solely on failure. Modern concepts are about understanding what might happen, not just what could go wrong, but more importantly, what could go right. Making the right decisions requires the right people to make them and at the right time.

Effective decision-making requires a good knowledge of the challenge faced, why a decision is needed and the objective(s) to be achieved.  Moreover, it needs reliable and timely information, plus insight from different perspectives, whilst factoring in any possibility of cognitive bias.

This qualification will help you build your risk management knowledge and skills, which are highly transferrable, and can help you on your chosen career path.

Please note the information on this page is correct at time of publication but may change after we have piloted the qualification and made changes following feedback prior to launch.

 

Qualification overview

The NEBOSH IIRSM Certificate in Managing Risk can help you be better equipped to identify, evaluate, manage, and communicate on risk.

Immersing yourself in our course materials and rich learning experience, full of real-world case studies and scenarios will provide not only a practical and enjoyable experience, but will help you gain new skills and tools that can be immediately applied.

 

Studying this qualification will help you:

• Analyse the environment in which your organisation operates, identifying potential risks and opportunities and their impact on your objectives
• Master the essential principles of risk management and their link to decision-making
• Start having the right and timely conversations about risk with different stakeholders
• Appreciate the relationship between psychology and decision-making
• Understand the risk management process and framework based on ISO 31000
• Appreciate the positive role risk management plays in strategy development, business planning and achievement of objectives
• Understand the vital role of people and culture to act on risk
• Appreciate the importance of an integrated approach to risk management

 

Qualification structure

The qualification is made up of three elements and based on the principles of the Global Risk Management Standard, ISO 31000.

Element 1 – Principles of risk and risk management

• The principles of risk and risk management
• The impact of psychology on decision-making

Element 2 – The risk management process

• Overview of the risk management process
• Scope, context and risk appetite
• Risk assessment
• Risk treatment
• The role and importance of risk reporting and information
• Communication and consultation in the risk management process
• Monitoring and review of the risk management process

Element 3 – The risk management framework

• Integrating the risk management framework within an organisation
• The risk management framework and its relationship with culture
• The relationship between risk management, business continuity, crisis management and organisational resilience

Learning outcomes

• By the end of the qualification, you will be able to:
• Understand the principles of risk and risk management
• Source and challenge the validity of risk information
• Understand the impact of psychology on decision making
• Apply the risk management process to manage risk effectively
• Understand how to integrate a risk management framework into your organisation

Accreditation

Post-pilot, the qualification will be credited and levelled against the Scottish Credit and Qualifications Framework (SCQF).

The SCQF is a way of comparing qualifications. The level of qualification shows how difficult the learning is and the credit points show how much learning is involved.

The SCQF also maps to other qualification frameworks, including those found elsewhere in the UK, Europe and beyond.

We are aiming for The Certificate in Managing Risk to be at Level 6 on the SCQF.

 

Targeted Audience

• HR professionals
• Facilities managers
• Health and Safety Professionals
• Safety Representatives

 

Methodology

This instructor led training is delivered using presentations, guided sessions of practical exercise and group work.

You will have the opportunity to interact with our experienced facilitator who will bring professional and research expertise into their teaching.

 

Course Duration

5 days

 

Certification:

Successful candidates will be awarded a certificate of Training from NEBOSH.