Building Risk Assessment to Navigate Organizational Opportunity
Operating business under VUCA (Volatility, Uncertainty, Complexity and Ambiguity), the demand in risk management competency is significantly inclined.
No Time Limit
Submit evidence anytime, no deadlines
Self-Paced
Progress at your own pace and schedule
2 Submission Quotas
Revise your work with feedback
Competency
Earners are able to build qualitative and/or quantitative risk assessment models to measure business loss and identify opportunities.
How ?
Earners are able to conduct qualitative risk assessment, given the appropriate risk matrices, as well as quantitative risk assessment with the Value at Risk (VaR) Model.
Method overview
This MC focuses on earners’ ability to perform either qualitative or quantitative risk assessment, or both.
1) Qualitative Risk Assessment
Step1: Conducting surveys
Step2: Identifying sufficient enterprise or project key risk
Step3: Creating a qualitative risk scale
Step4: Assessing/Evaluating risk level
2) Quantitative risk assessment with Value at Risk Modeling (VaR)
Step1: Searching for financial open sources of data
Step2: Creating statistical profit and loss distribution.
Step3: Assessing loss under the VaR model
How can you achieve ?
To earn this micro-credential, please submit the evidence according to the requirements as follows;
- Qualitative Risk Assessment
- Quantitative Risk Assessment with the Value at Risk (VaR) Model
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Guidelines are now available in English
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Unlimited Access to Competency Guidelines
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2 Submission Quotas to Verify Competency
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Personalized Feedback
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Digital Badge
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Shareable to Social Network
Learning unit will be coming soon!
Currently, this micro-credential is available only with the Verify plan.
What will you get ?
Digital Badge
Building Risk Assessment to Navigate Organizational Opportunity
Issued by KMUTT | You will earn this digital badge after you have completed this Micro-credential.
- Show your real works as the competency evidence
- Sharable with an attachment of assessor’s recommendation letter
- Verified by educational / industrial experts
Who is this for ?
Management Level, Risk Management Department, Risk Champion
Who developed this ?
Asst. Prof. Dr. Patipan Saelim
Associate Dean for Planning and Quality Assurance, Graduate School of Management and Innovation, KMUTT
Expertise/ Experiences:
Risk Management Instructor, Risk Management Consultant, Risk Management Committee and Risk Certify from COSO