Managing Risk
The Phoenix Managing Risk course helps professionals develop the confidence to identify, assess and respond to risk effectively, supporting better decision-making, stronger resilience and improved organisational performance.
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What is Phoenix's Managing Risk course?
Every decision involves risk.
The challenge isn't knowing risk exists.
The challenge is understanding which risks matter, how they might affect objectives, and what action should be taken.
The Phoenix Managing Risk course provides a practical introduction to risk management and how it can be applied within day-to-day business operations.
Built around internationally recognised risk management principles, including ISO 31000, the course explores how organisations can identify, assess and respond to risk in a structured and consistent way.
Learners develop an understanding of how risk management supports organisational objectives, strengthens resilience and improves decision-making.
What This Means for Your Organisation
- Better-informed decision-making across teams and departments
- Greater confidence identifying and managing emerging risks
- Improved consistency in the way risks are assessed and managed
- Stronger organisational resilience and preparedness
- Reduced likelihood of avoidable disruption
- Improved governance and accountability
- Greater confidence that risk-based decisions would stand up to scrutiny
Pricing: from £75
Learning methods: E-Learning
Payment: Credit/Debit Card, Invoice
Course Information
Why Should I/My Team Study the Phoenix Managing Risk Course?
Benefits for Learners
- Build confidence identifying, assessing and responding to risk
- Improve decision-making in uncertain environments
- Understand how risk influences organisational performance
- Learn structured approaches to managing risks and opportunities
- Develop practical risk management skills that can be applied immediately
Benefits for Employers
- Strengthen organisational risk management capability
- Improve consistency in risk-based decision-making
- Support business continuity and resilience objectives
- Reduce exposure to avoidable operational disruption
- Develop a stronger culture of ownership, accountability and informed decision-making
Why study with Phoenix?
Pass rates
With a 4.9/5 rating on Trustpilot, clients know that Phoenix provides an industry leading service, being one of the UK’s top health and safety providers with an above average industry pass rate.
Designed by the Experts
Each of our short online courses are designed by our experts according to health and safety legislation, providing candidates with the information needed to work in line with government guidance.
Student Support
We pride ourselves on offering the best study support in the industry. From our thriving Facebook student community to direct access to our team of experts and top-tier learning materials, we go above and beyond to ensure you have everything you need to succeed in your studies. When you choose Phoenix, you’re never alone on your journey.
Who is the Phoenix Managing Risk course for?
This risk management course is suitable for professionals responsible for making decisions, managing projects, leading teams or overseeing organisational performance.
This may include:
- Managers and Supervisors
- Project Managers
- Operational Leaders
- Department Heads
- Business Leaders
- Governance and Compliance Professionals
No prior risk management training is required.
Duration
Phoenix recommends spending 28 hours on completing the Managing Risk course. Students have access to the e-Learning course for 6 months from date of purchase.
Course Programme
The Managing Risk course is divided into 3 elements:
Element 1: Principles of Risk and Risk Management
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Understand different definitions and themes of risk
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Recognise positive consequences of risk
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Distinguish between uncertainty, risk, and hazard
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Identify uncertainty using credible sources
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Recognise the value of information
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Classify types of risk
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Understand the principles of risk management
Element 2: The Risk Management Process
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Understand the risk management process
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Appreciate the importance of scope in risk management
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Analyse external factors using PESTLE and Porter’s Five Forces
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Conduct stakeholder analysis
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Apply SWOT analysis to internal and external factors
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Understand risk appetite
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Describe risk assessment elements and tools
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Apply different risk treatment strategies
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Record and report risk information effectively
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Communicate and consult on risk management
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Monitor and review risks
Element 3: The Risk Management Framework
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Understand the risk management framework and its integration into decision-making
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Recognise the role of management standards and risk champions
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Understand the relationship between risk culture and organisational culture
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Identify techniques to monitor and develop risk management culture
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Understand Business Continuity Management (BCM) and Crisis Management (CM) and their link to organisational resilience
Learning Outcomes
On completion of the course, learners will be able to:
- Identify risks that could affect organisational objectives
- Analyse and assess risks consistently
- Prioritise risks using structured methodologies
- Select appropriate risk treatments and controls
- Support risk-informed decision-making
- Improve organisational resilience and preparedness
- Monitor and review risks effectively
Assessment
Your knowledge and understanding of the syllabus are tested by an onscreen multiple-choice examination.
This assessment is available on-demand, which means once you have completed the eLearning course, you can attempt the assessment at any time and will receive your results immediately. If you pass, you will be awarded a Managing Risk Certificate, which you will be able to print off your certificate straightaway.
Next steps
The completion of the Phoenix Managing Risk course is a great first step in progressing to a range of health and safety roles. It's also a great option for health and safety professionals seeking continued professional development.
Recommended courses include:
- NEBOSH General Certificate:
FAQs
What happens if I fail the assessment?
You can retake the assessment at no additional cost.
When and how will I receive my results and certificate?
Once you complete the course and assessment, a confirmation of results is available immediately. This certificate can be printed or saved as proof of completion.
How long do I have to complete the course?
You have 6 months from date of purchase to complete the course.
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