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Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English | Self Study, Virtual Classroom, Campus Based/Physical Classroom | Video and Text Based |
Course Overview
The Risk Management online course is a study about the various kinds of risk and response strategies involved in business management. Business establishments face challenges such as operational and disruption risks that require strategical management techniques to counter them, which is discussed in this course. This online course is provided by the Indian Institute of Management Ranchi and the program is scheduled for 3 days and is led by expert faculty.
The directors for this online program are Prof. Vijaya Dixit, Prof. Pritee Ray & Prof. SasadharBera. The course curriculum engages students to get familiar with operational risks and strategies involved in market and demand, services and products, manufacturing, IT failure, projects, financial and legal issues. The learners will also get familiar with disruption risks that are associated with natural or man-made disasters such as earthquakes, terrorist attacks, pandemics, economic crises, and currency devaluation.
The Highlights
- Online mode
- Three days program
- Interactive sessions
- IIM Faculty
- Management course
Programme Offerings
- course videos
- Online Sessions
- discussions
- Case Studies
- Interactive activities
- Excel Project
- MS Project
- Statistical Software
- Graphical And Numerical Output
Courses and Certificate Fees
| Certificate Availability |
|---|
| no |
Risk Management fee structure:
| Particulars | Amount in INR |
Course Fee(Non-Residential In campus) | Rs. 27300 + GST |
Online Mode | Rs. 21000 + GST |
What you will learn
The Risk Management curriculum is developed for the students to gain an understanding of the different kinds of risks and responsive strategies. The learners are introduced to concepts in risk management processes such as identifying, assessing, and data management.
- The students are taught to evaluate and analyze the risks using technical tools and strategies.
- The course equips them with tools and strategies for managing risks.
Who it is for
The Risk Management online course is for individuals who are interested in learning about the concepts and principles associated with managing risks in a business environment. The course will help managers, risk management analysts, risk management specialists, project managers, management consultants to enhance their skills for improved business management.
The Syllabus
- Introduction to risk management: Drivers, Importance and Applications
- Decision making under uncertainty (Illustrative example and Case Discussion)
- Introduction to supply chain risk management (SCRM), Identifying, analyzing and responding to supply chain risk, strategies for managing and mitigating supply chain risk.
- Introduction to project risk management (PRM), PRM processes such as risk management planning, identification, assessment, risk response development and risk monitoring and control.
- Tools and techniques for managing project risk: Quantitative and qualitative risk analysis
- Understanding simulation via conceptual diagram, Types of simulation, Incorporating randomness in simulation model, Simulation methodology, Simulation in a spreadsheet environment.
- Application of Simulation models: New product development, Inventory policy, Warranty cost estimation,
Investment planning, Customer life time value estimation, Healthcare delivery system
Instructors
IIM Ranchi Frequently Asked Questions (FAQ's)
The course is provided by the Indian Institute of Management Ranchi.
The program is conducted for 3 days.
There are no prerequisites for this course.
The online program is directed by Prof. Vijaya Dixit, Prof. Pritee Ray & Prof. SasadharBera.