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Risk Management for Managers

A practical introduction to business risk for team leaders, line managers, supervisors and business owners in any sector, built on the ISO 31000:2018 process. Learn to identify threats and opportunities, write clear risk statements, rate risks on a 5×5 matrix, choose treatments and controls, keep a living risk register with key risk indicators, and escalate and lead on risk within the IIA Three Lines Model. It is part 1 of a series, followed by Enterprise Risk Management (ISO 31000 and COSO ERM).

Taught by iCompetent

Modules
6
Lessons
26
Duration
3h 36m
Level
Beginner
Quizzes
6 graded
Enrolled
16
1 review
5.0
Aligned with

Course content

6 modules · 26 lessons · 3h 36m

What risk means in a business, why it is part of every manager’s job, and how the risk management process and its neighbouring disciplines fit together.

  • Risk as the Effect of Uncertainty on Objectives
    Preview
    8 min
  • Why Managers Own Risk8 min
  • The Risk Management Process in Outline8 min
  • Business Risk and Its Neighbouring Disciplines7 min
  • Risk and the manager’s role — quiz8 questions · pass 70%

Topics covered

Risk Management
ISO 31000
Risk Register
Internal Controls
Key Risk Indicators
Three Lines Model

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Olu***Rated 5.0 out of 5
Verified learner
November 13, 2026

The material is well articulated for learning.

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