Course Description

Operational risk is real. Managing risk reduces operational losses. Every member of an organization has a role or responsibility with respect to risk. Improperly managed operational risks result in losses when an organization has failed or inadequate internal processes, people, and systems or from external events. The implementation of a risk framework and process will allow an organization to undertake the assessment of operational risks while providing the structure to identify, assess, treat and monitor risks. The course introduces the concept of operational risk management and demonstrates how to apply the ISO 31000-2018-Guideline. You will learn how to define the key steps involved in risk assessment, treatment, monitoring, reporting and communication.

Course Details

By completion of this course, successful students will be able to:

  • Examine the impact of operational risk on an organization
  • Utilize a globally recognized risk management framework
  • Apply the key steps in the risk management process

Applies Towards the Following Program(s)

Enrol Now - Select a section to enrol in
Online Asynchronous
Sep 17, 2024 to Dec 16, 2024
Delivery Options
Course Fees
Flat Fee non-credit $639.00
Reading List / Textbook
Online resources will be provided. 
Section Notes

This course uses Desire2Learn (D2L), an online learning management system. The instructor will post the course outline and other materials in D2L. For more information about D2L, please visit our Online Learning Resources.

To fully participate in the live sessions, students will need: an internet connection, a reliable headset with microphone, and a webcam.

Unless notified, all online courses are available at 9 am MT the day before the start date. Students registered on (or after) the start date will receive access within one day of registration.

Students unfamiliar with online learning are encouraged to take our free Digital Skills for Learning Online course.

Unless otherwise stated, notice of withdrawal or transfer from a course must be received at least seven calendar days prior to the start date of the course.

Required fields are indicated by .