Risk Management


This is one of the courses towards gaining the IFS Certified Specialist accreditation for Consultants. It enables students to cover and prepare for all examination specification topics for the Risk Management exam.


Those who need to be able to identify and state the essential decisions to be made, basic data to be created, and processes involved in the setting up and executing Risk Analyses in support of IFS Risk Management in IFS Applications.

  1. Introduction to Risk Management
  2. Initiate Risk Analysis
  3. Develop Risk Analysis
  4. Mitigate and review Risk Analysis
  5. Analyze and close Risk Analysis
  6. Special topics in Risk Analysis

At the end of this course, the students are able to:

  • Understand basic theory behind Risks and Risk Management
  • Understand the elements of IFS Risk Analysis
  • Understand the Risk Analysis lifecycle
  • Understand basic data setup to support Risk Analysis
  • Initiate new Risk Analysis
  • Develop Problems, Consequences, Responses and Actions in a Risk Analysis
  • Certify and approve an Analysis
  • Ongoing execution of Analysis
  • Create analysis revisions and history
  • Understand options available to evaluation a Risk Analysis
  • Exposure to other optional topics in Risk Management

Knowledge: Basic understanding of Risk Management business processes.
Courses: IFS Fundamentals
Exams: IFS Fundamentals (recommended)


IFS Academy Inquiry Text



  • Consultants


  • Specialist




1 Day