Course Description

This online course is 36 learning hours over twelve weeks, including 7.5 hours of live online sessions. It is recommended that students spend a minimum of 3 hours each week on coursework. Students may choose to complete more hours of work on the course in order to explore the content in more depth.

This course will help learners in public and private sector organizations learn the fundamentals of risk assessment and risk management. Students will explore various types of potential risk including financial, technological, operational, and reputational. The course will also look at risk remedies, risk mitigation, and risk auditing.

Course Outline

  • Introduction to Risk Assessment and Management
  • Risk Identification and Assessment
  • Risk Prioritization and Mitigation
  • Technology and Risk
  • Finance and Risk
  • Operations and Risk
  • The Three Lines of Defence
  • Insider Risk and Reputational Risk
  • Black Swan Risks / Business Continuity Planning
  • Enterprise Risk Management
  • Risk Remedies
  • Risk Auditing

What You Will Learn

Upon completion of this course, learners will be able to:

  • Explain the different types of risk;
  • Identify how approaches to risk are influenced by risk culture;
  • Explain the role of risk management;
  • Identify several different ways to identify risk;
  • Explain the advantages and disadvantages of each method of risk identification;
  • Explain how risk is assessed;
  • Explain the various considerations when prioritizing risks;
  • Describe the different approaches that can be taken to mitigate risk;
  • Explain the advantages and disadvantages of each approach;
  • Explain the concept of Enterprise Risk Management;
  • Identify the advantages of Enterprise Risk Management; and
  • Explain the role of a compliance program.


Risk Management Strategies

This course provides learners with the opportunity to earn a microcredential. A microcredential is evidence of a skill or competency that is employment related. Dalhousie microcredentials are developed in collaboration with employers, industries, and/or organizations that relate to the content. A microcredential can be displayed on social media pages, digital resumes, personal webpages, and in email signatures. To earn the microcredential in this course, learners will need to successfully complete a competency-based assessment.

Learn more about this Business microcredential on our website.


The Faculty of OLCD recommends an intermediate level of English language proficiency for the most effective learning and participation in our online and face-to-face courses. A list of minimum recommended scores on some common English tests can be found on our website. If you have questions about your English language proficiency and ability to succeed in this course, please contact openlearning@dal.ca.


There are no prerequisites for this course.

Recommended For

This course is recommended for professionals that may be involved with risk assessment and risk management planning in their organizations. This can fall under both public service and private sectors. Fields this applies to include, but are not limited to, those in project management, business development, law enforcement, education, human resources, and operational management.

Enrol Now - Select a section to enrol in
Section Title
Risk Assessment and Management
Online - Self-Paced
Jan 10, 2025 to Apr 04, 2025
Online - Scheduled
5:00PM to 6:30PM
Jan 23, 2025 to Mar 20, 2025
Schedule and Location
Total Learning Hours
  • Online Campus - Atlantic Time
Instruction Delivery Method(s)
Course Fee(s)
Tuition non-credit $1,095.00
Required Software
A webcam and microphone will be required for live sessions.
Reading List / Textbook
All course materials will be found in OpenDal.

Section Notes

Note: We are closed from December 24, 2024 to January 1, 2025 inclusive. Access credentials to the course site may be delayed for those who enrol during this time period.

This course has scheduled written assignments and discussions within the term time frame. There will also be 5 facilitated online sessions - click on View Details for dates. *Please note: live session dates and times may change, and will be finalized 6 weeks prior to course start date.*

The course site will be open at 4:00 PM Atlantic Time on the course start date.

Required fields are indicated by .