0017 - CRM55 - Risk Assessment and Treatment

Course Description

This course is one of three prerequisite courses to obtain your CRM Designation from the Risk Management Society (RIMS). After passing the course through Laurier, you will become eligible to write the corresponding designation exam from RIMS. More information about CRM Designation Eligibility. 

CRM 55: Risk Assessment and Treatment explores the selection, implementation and monitoring of risk assessment and treatment techniques in order to prevent or minimize actual loss. 

Subjects covered in this course include:

• Introduction to risk assessment and treatment
• Root cause analysis; business continuity management
• Physical property risk
• Intellectual property and reputation risk
• Legal and regulatory risk
• Management liability; human resource risk
• Environmental risk
• Crime and cyber risk
• Fleet risk

Course Outline

The 12-week course (36 hours) will be mostly self directed. Each week you will be expected to read and review concepts both in a textbook (see note below about options) as well as through extension content and activities in Laurier’s learning management system (MyLS).  

Additionally, learners will  

• participate in optional 2-4 Zoom sessions (recorded for those who can’t attend), which allow you to further develop authentic connections between theory and practice facilitated by a Risk Manager 

• contribute to cohort-based discussions in MyLS related to core concepts 

• complete 2-3 assignments/case studies where knowledge is applied to instances relevant to the working world AND 1 final exam that mirrors the requirements of the RIMS exam that many will complete 

Courses follow a weekly structure, and though material can be reviewed at your own pace, assessments need to be completed according to deadlines. 

Required Textbook 

Choose EITHER an online version OR a physical textbook. Both provide identical content.  The online version (accessible through the Institutes link below) includes practice quizzes at the end of units, while the physical textbook does not. To allow everyone the opportunity to test their knowledge and get real time feedback, optional ungraded practice quizzes are included in MyLS. 

It’s important to note as well that if you choose the online textbook version that you will only have access to it for 12 months after purchase. 

54 – Risk Management Principles and Practices 

55 - Risk Assessment and Treatment  

56 – Risk Financing 

All textbooks are available through the Institutes Knowledge Group site and are priced in USD. 

Notes

• A passing grade of 50% will indicate the completion of the course.
• You will receive a letter of completion after this course to provide RIMS, indicating you are eligible to write your course designation exam (designation exam is an additional fee from RIMS, full details here).
• Upon completion of all three courses, you will receive the Canadian Risk Management Certificate.

Complete all Courses in this Certificate

Register for all three CRM certificate courses at once to receive a 10% discount (apply the discount at checkout). Courses run once per year and can be taken in any order. 

• CRM 54 - Risk Management Principles and Practices
• CRM 56 - Risk Financing

Refunds

• Up to 15 days before the start of course: Full refund less 10% administrative fee.
• One to fourteen days before start of course: Full refund less 20% administrative fee.
• No refunds will be issued as of the first day of the course.

Applies Towards the Following Certificates

• Canadian Risk Management Certificate : Canadian Risk Management Certificate