Unit Objectives

This unit aims to provide learners with an understanding of the core concepts and tools used to build modern risk analysis models.

It introduces learners to the foundations of risk analysis.

These core concepts are then combined to explore several modern risk analysis modelling techniques.

This unit will provide learners with the skills needed to apply these techniques in real-life situations

Learning Outcomes

• Critically analyze the concept of operational risk and the Basel II model.
• Implement & professional risk management models; assess and mitigate the risks effectively in complex business environments.
• Develop a professional risk management model according to an organizational context
• Application: Lesson Learned, ECOLOGICAL RISK ASSESSMENT.