Study risk analysis and enterprise risk management through The Open University’s free Risk Management course. Complete eight sessions and earn a free Statement of Participation, a digital badge and 24 CPD points.
Background & Course Description
The Open University offers a free online Risk Management course through its OpenLearn platform. Developed in collaboration with Rolls-Royce PLC, the course explores risk management theories and how they are applied in an international business environment.
The course examines how organisations identify, assess and manage risks, using case studies and audio-visual materials to explain practical approaches.
It is suitable for people working in management or risk-related roles, those seeking to strengthen their risk management skills, and individuals interested in understanding how organisations protect their operations and make informed decisions.
Course Overview
| Detail | Information |
|---|---|
| Institution | The Open University |
| Course | Risk Management |
| Platform | OpenLearn |
| Cost | Free |
| Study time | Approximately 24 hours |
| Course structure | 8 sessions |
| Level | Level 1: Introductory |
| Certificate | Free Statement of Participation on completion |
| Digital badge | Available on successful completion, including passing the quizzes |
| CPD recognition | 24 CPD points |
| Application deadline | No deadline stated in the supplied information |
| Official course page | Study Risk Management on OpenLearn |
Course Content and Benefits
The course teaches learners how to identify organisational risks, measure their potential impact and choose appropriate management or mitigation strategies.
Topics include:
- Risk identification and analysis.
- Assessing and measuring the impact of risks.
- Risk management and mitigation approaches.
- Enterprise Risk Management.
- Monitoring and reporting risks effectively.
Case studies and learning resources draw on risk management practices at Rolls-Royce and elsewhere.
Certificate, Digital Badge and CPD Points
The course is accredited by the CPD Standards Office and awards 24 CPD points upon successful completion. Learners also receive a free Statement of Participation.
A free Open University digital badge is available for completing the course and passing its quizzes. The university notes that the badge is not an accredited qualification, although it can be displayed and shared as evidence of learning.
Qualifications and Eligibility
The supplied course information does not list formal academic prerequisites. It is an introductory, Level 1 course that may benefit learners interested in management, business operations and risk-related responsibilities.
Learners need to create an OpenLearn account or sign in to enrol, access course activities and quizzes, track progress and obtain completion rewards.
Additional Information
The course requires approximately 24 hours of study and can be downloaded in several formats for offline use.
How to enrol: Visit The Open University’s Risk Management course, create an account or sign in, and enrol for free.
No application deadline is stated in the supplied course information.
Frequently Asked Questions
1. Is The Open University’s Risk Management course free?
Yes. The course is available free through OpenLearn.
2. How long does the course take?
The estimated study time is 24 hours across eight sessions.
3. Do learners receive a certificate?
Learners receive a free Statement of Participation on completion.
4. Can I earn CPD points?
Yes. The course awards 24 CPD points upon successful completion.
5. Is a digital badge available?
Yes. Learners can earn a free digital badge by completing the course and passing the quizzes. The badge is not an accredited qualification.
6. What will I learn?
You will learn about organisational risk identification, risk assessment, mitigation, Enterprise Risk Management, and risk monitoring and reporting.
7. Is there a deadline to enrol?
No deadline is stated in the supplied course information.
Opportunities Feed Assessment
This free course may benefit students, professionals, managers and aspiring risk practitioners who want to strengthen their understanding of organisational risk. The free completion statement, digital badge and 24 CPD points provide additional evidence of learning.
Disclaimer: Opportunities Feed shares education and training opportunities for informational purposes and is not affiliated with The Open University or Rolls-Royce PLC.
SEO Keywords: free risk management course, Open University free online courses, OpenLearn Risk Management, free CPD course, 24 CPD points, risk analysis training, enterprise risk management course, free online business courses, risk management digital badge, free Statement of Participation
