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This award sits within the Business Innovation area of the AI Foundation Pathway and provides a comprehensive introduction to risk management which you can apply in many business situations.

You'll learn about:

  • Defining Risk
  • Analysing Risk
  • Accurately Measuring & Documenting Risk
  • Reporting On Risk Clearly & Effectively To Decision-Makers

1. Defining What Risk Is

You will be able to:

1.1 Define Risk
1.2 Define Risk Management
1.3 Recognise the principles of the ISO31000 Risk Management Framework
1.4 Identify the roles in risk management

2. Analysis The Risk

You will be able to:

2.1 Illustrate an understanding of an organisation’s attitude to risk
2.2 Indicate the risk associated with implementing a digital technology based on assessment

3. Accurately Measuring And Documenting Risk

You will be able to:

3.1 State risk assessment techniques for qualitative data
3.2 State risk assessment techniques for quantitative data
3.3 Describe how to document risk within a risk register

4. Reporting On Risk

You will be able to:

4.1 Explain the need to report risk at a team level
4.1.1 Operational risk
4.1.2 Individual / Personal risk
4.2 Explain the need to report risk at a Project level
4.3 Explain the need to report risk at a Board level
4.3.1 Strategic risk
4.4 Recognise Stakeholder risk

  • Anyone who implements digital technology and needs to understand the associated risks and implications
  • Those who want a clearer understanding around the impact risk has on decision-making and running a business
  • BCS Foundation Award - How To Manage Risk Materials
  • BCS Foundation Award - How To Manage Risk Examination

There are no specific entry requirements for this award. However, some professional experience in a business or IT environment may be advantageous.

The following titles are suggested reading for anyone undertaking this award. You should be encouraged to explore other available sources.

Title: Information Risk Management
Author: David Sutton
Publisher: BCS
Publication Date: November 2014
ISBN: 9781780172651

Title: David Alexander, Amanda Finch, David Sutton, Andy Taylor
Author: David Snowden
Publisher: BCS
Publication Date: 18 June 2013
ISBN: 9781780171753

BCS Foundation Award - How To Manage Risk Examination:

  • Type: 14 Multiple Choice questions, 3 Scenario Based Questions
  • Duration: 30 Minutes
  • Supervised: Yes
  • Open Book: No (no materials can be taken into the examination room)
  • Pass Mark: 13/20 (65%)
  • Delivery: Digital Format Only.

Candidate Responsibilities

  • You need to complete registrations for both BCS and Questionmark.
  • You will receive an email inviting you to register on the e-professional portal. Once you have completed this registration, you will be able to see the booking details that your training provider had given to BCS.
  • The exam date and time may not reflect what you will book with Questionmark, but we will update this once the exam has taken place so your certificate will have the correct date.
  • You will also receive an email with log in details for Questionmark. This will enable you to complete your registration and book your exam. The link for registering is here.
  • If you are unable to see an assessment to schedule once you have registered, please contact BCS via [email protected].
  • If you’re unable to select a remote proctored time and date, contact [email protected].

Create Proctor Session

  • To select the exam date and time click on ‘Schedule’. If you have multiple exams to schedule it is advised that you only schedule the exam you wish to take otherwise you may encounter an error 500 screen.
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Classroom Exam
BCS Foundation Award - How To Manage Risk

Risk is a feature of any business; it influences the decisions an organisation makes and the way in which it operates.

Some organisations are more risk averse whereas others have a greater appetite for risk depending on what they wish to achieve in the market and the level of insight they have that enable them to take risks.

This includes understanding what risk is, identifying different types of risk, and how risk can be measured and assessed. It will consider the principles of risk management and how a clear reporting process can enable clear decisions to be made based on the information provided.

You will consider approaches to risk management and how it can be applied within their own context as well as in different situations and settings

BCS Foundation Award - How To Manage Risk FAQS

Our BCS Foundation Award - How To Manage Risk training course is delivered over three days.


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