Digital Trust Professional® (DTP®) Risk Management Foundation Certificate

Course Outline

Effective risk management enables organisations to take a proactive approach to managing opportunity and risks, it enables informed decision making, the protection of brand and reputation, compliance with increasing legal, regulatory and contractual requirements, improved allocation of limited resource, and  competitive advantage.

Risk management is key to enabling consumer confidence and trust in digital product/servivce delivery.

This 1-day, instructor led, Digital Trust Professional® (DTP®) Risk Management Foundation Certificate equips participants with an understanding of risk management in an organisational context.

Learning Outcomes

On completion of the Digital Trust Professional® (DTP®) Risk Management Foundation Certificate participants will be able to:

• Understand risk management
• Describe components of risk management
• Understand risk assessment
• Understand risk treatment options
• Understand common legal and regulatory requirements for risk management
• Identify common risk mangement frameworks
• Understand how risk management enables effective decision making

Course Modules

Module 1: Introduction to Risk Management

• Understanding the concept of risk
• Importance of risk management in organisations
• Overview of risk management process
• Roles and responsibilities in risk management

Module 2: Risk Identification and Assessment

• Techniques for identifying and categorising risks
• Risk assessment methodologies and tools
• Probability and impact analysis
• Risk tolerance and appetite

Module 3: Risk Analysis and Evaluation

• Quantitative and qualitative risk analysis techniques
• Risk prioritisation and ranking
• Risk evaluation and decision-making
• Cost-benefit analysis in risk management

Module 4: Risk Treatment and Mitigation

• Risk response strategies: avoidance, reduction, transfer, acceptance
• Developing risk mitigation plans
• Implementing controls and safeguards
• Monitoring and reviewing risk treatment measures

Module 5: Risk Communication and Reporting

• Effective communication of risks to stakeholders
• Stakeholder engagement and involvement
• Risk reporting
• Communicating risk management outcomes

Module 6: Legal and Regulatory Aspects of Risk Management

• Understanding common legal and regulatory requirements
• Compliance and risk management
• Impact of legal and regulatory changes on organisational risk management

Module 7: International Risk Management Frameworks

• Identification of commonly used risk management frameworks
• Links to further reading

Prerequisites

There are no prerequisites for this Foundation level course. The course is suitable for all employees at all levels.

Participants are provided with:

• Digital Trust Professional® (DTP®) Risk Management Foundation Certificate courseware including links to further reading and professional development resources
• Digital Trust Professional® (DTP®) Risk Management Foundation Certificate Certificate of Completion
• Digital Trust Professional® (DTP®) Risk Management Foundation Certificate digital badge