Course Description

This course is intended to familiarize you with the basic concepts and processes of risk management in a Canadian environment. This is the first of three courses required to obtain the Canadian Risk Management Certificate.
Subjects covered in this course include:
  • Risk management concept and objectives.
  • Risk management in an organization and its effect on profits.
  • Risk management techniques.
  • Risk identification and analysis.
  • Property risks.
  • Income risks.
  • Liability risks: traditional, industrial, consumer, environmental.
  • Employee (personnel) risks.
  • Probability techniques in risk management.
  • Risk management decision-making and capital budgeting methods.

Instructor: Stephen Scullion, Branch Manager/Senior Adjuster, Granite Claims Solutions.

Required textbooks: Risk Management Principles and Practices and Risk Management Principles and Practices Course Guide.



A passing grade of 50% will indicate the completion of the course. You will receive a letter of completion after each course to provide GRMI, indicating you are eligible to write your course designation exam. Upon completion of all three courses with a passing grade, you will receive the Canadian Risk Management Certificate.


  • Up to 10 days before the start of course: Full refund less 15% administrative fee.
  • One to nine days before start of course: Full refund less 30% administrative fee.
  • No refunds will be issued as of the first day of the course.

Applies Towards the Following Certificates

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Section Title
CRM54 - Principles and Practices
7:00PM to 10:00PM
Sep 14, 2023 to Dec 07, 2023
Schedule and Location
Total Hours
Delivery Options
Course Fee(s)
Course Fee non-credit $650.00
Potential Discount(s)
Section Notes
CRM54 is one of the 3 required courses to complete the Risk Management Certificate.
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