Business Skills 301 - Risk Management: Contingency Planning

Content
2 modules

Difficulty
Advanced

Rating

Course Length
13 mins

Instructor
Pantry of Knowledge

Description

Successful businesses assess risks to determine whether the potential rewards are worth the potential adverse effects. This is more difficult to do when the risk occurs unexpectedly. In this course, part of the Business Planning series, you'll learn how to assess risk and how a risk assessment matrix can be used to plan for contingencies . You'll also learn the importance of planning for disasters and what is included in a Disaster Recovery Plan. At the end of this course, you'll be ready to take a proactive approach to risk, rather than reacting to risk after it happens.

Objectives

  • Discuss how to assess risk
  • Describe how to use a risk assessment matrix for contingency planning
  • Explain the importance of planning for disaster
  • List the elements of a Disaster Recovery Plan

Certificate

By completing/passing this course, you will attain the certificate POK Business Skills 301 Certificate

Learning Credits

CEU
0.25

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