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BCS AI Foundation: How To Manage Risk

Develop Your Understanding Of Risk, How It’s Measured And Managed

Overview

Our three-day BCS Foundation Award - How To Manage Risk training course is designed for anyone wishing to gain an understanding of the principles of risk and how to manage it within an organisation.

Our BCS Foundation Award - How To Manage Risk training course will help you to develop your understanding of risk, how it’s measured and managed, and how you report on risk effectively to inform sound business decisions - skills vital for every project in every organisation.

Please Note

You can book this course and hold it in credit until you have decided on a specific course date. Alternatively, please view our other course dates.
Exam Included
3 Days
£1095Excl. VAT

Course Syllabus

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

Learning Outcomes

BCS Membership Offer: If you do not hold a BCS certification and successfully pass the examination for this training course - you will be given one year's complementary BCS Membership. This offer is only valid for your first BCS qualification.

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

Who Should Attend

  • 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

What's Included

  • BCS Foundation Award - How To Manage Risk Materials
  • BCS Foundation Award - How To Manage Risk Examination

Entry-Level Requirements

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

Recommended Reading

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

Exam Information

  • 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)
  • Passmark: 13/20 (65%)
  • Delivery: Digital Format Only.

Exam Type

Classroom Exam

Qualifications

BCS Foundation Award - How To Manage Risk

Additional Information

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

Frequently Asked Questions

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

BCS Foundation Award - How To Manage Risk Course Dates

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