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Diploma of Risk Management

Diploma of Risk Management (91559NSW)

Organisations are increasingly taking risks in order to remain competitive. Management skills alone are not sufficient to mitigate risk. Rather there is a need for a specialised set of skills especially focused on risk management to ensure that the optimal path is taken for meeting ever changing customer needs without compromising the business health of the organisation. The Diploma of Risk Management is designed to develop and assess competencies of managers and team leaders for dealing with risk within their workplace. This Diploma provides the skills needed as a manager and leader to enable all stakeholders to manage risk positively. This course is designed to equip individuals wih risk management skills across a broad range of industry sectors. This is because risk management is becoming increasingly necessary as organisations restructure and re-engineer their processes to meet rapidly changing market conditions. Participants can include those in roles such as managers, team leaders, supervisors and any individual responsible for ensuring risk is managed successfully. On completing this diploma, participants will have the ability to manage risk for the betterment of both the organisation and its employees. In so doing, they will be able to execute each step in the risk management process smoothly and in a timely fashion by guiding and encouraging team commitment.

Prerequisites

There are no formal prerequisites for this qualification.

Duration & Structure

The total duration for completion of this qualification is normally 9 months. This qualification consists of 9 units of competency.

  • Assess risks (FNSRISK502B)
  • Ensure team effectiveness (BSBWOR502A)
  • Manage budgets and financial plans (BSBFIM501A)
  • Manage operational plan (BSBMGT515A)
  • Manage people performance (BSBMGT502B)
  • Manage project risk (BSBPMG508A)
  • Manage risk (BSBRSK501B)
  • Manage risk management system (BSBMGT508A)
  • Undertake risk identification (FNSRISK501B)

Units of Competency

Manage project risk (BSBPMG508A)

This unit describes the performance outcomes, skills and knowledge required to manage risk within a project to avoid adverse effects on project outcomes. It covers determining, monitoring and controlling project risks, and assessing risk management outcomes. [More]

If there isn't a class to suit you, please join the waiting list.

Manage budgets and financial plans (BSBFIM501A)

This unit describes the performance outcomes, skills and knowledge required to undertake financial management within a work team in an organisation. This includes planning and implementing financial management approaches, supporting team members whose role involves aspects of financial operations, monitoring and controlling finances, and reviewing and evaluating effectiveness of financial management processes in line with the financial objectives of the work team and the organisation. [More]

If there isn't a class to suit you, please join the waiting list.

Ensure team effectiveness (BSBWOR502A)

This unit describes the performance outcomes, skills and knowledge required to facilitate all aspects of teamwork within the organisation. It involves taking a leadership role in the development of team plans, leading and facilitating teamwork and actively engaging with the management of the organisation. [More]

If there isn't a class to suit you, please join the waiting list.

Manage people performance (BSBMGT502B)

This unit describes the performance outcomes, skills and knowledge required to manage the performance of staff who report to them directly. Development of key result areas and key performance indicators and standards, coupled with regular and timely coaching and feedback, provide the basis for performance management. [More]

If there isn't a class to suit you, please join the waiting list.

Manage operational plan (BSBMGT515A)

This unit describes the performance outcomes, skills and knowledge required to develop and monitor implementation of the operational plan to provide efficient and effective workplace practices within the organisation’s productivity and profitability plans. Management at a strategic level requires systems and procedures to be developed and implemented to facilitate the organisation’s operational plan. [More]
Venue TBA
$650 GST exempt
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Manage risk (BSBRSK501B)

This unit describes the performance outcomes, skills and knowledge required to manage risks in a range of contexts across the organisation or for a specific business unit or area. [More]

This course has no current classes. Please join the waiting list.