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In 1946, UNISA was given a new role as a distance education university, and today it offers certificate, diploma and degree courses [7] up to doctoral level. In January 2004, UNISA merged with Technikon Southern Africa (Technikon SA, a polytechnic) and incorporated the distance education component of Vista University (VUDEC).
GARP offers three role-based risk certifications – the Financial Risk Manager (FRM), the Energy Risk Professional (ERP), and the Sustainability and Climate Risk (SCR). [22] It also offers two foundational courses in risk management with its Foundations of Financial Risk and Financial Risk and Regulation programs.
The "Associate PRM" covers the core risk management concepts in a less mathematical fashion than the PRM, "allowing non-specialists to interpret risk management information and reports". [14] A single 3 hour exam is required; the recommended text is The Essentials of Risk Management (ISBN 0071429662).
Example of risk assessment: A NASA model showing areas at high risk from impact for the International Space Station. Risk management is the identification, evaluation, and prioritization of risks, [1] followed by the minimization, monitoring, and control of the impact or probability of those risks occurring. [2]
Risk control, also known as hazard control, is a part of the risk management process in which methods for neutralising or reduction of identified risks are implemented. . Controlled risks remain potential threats, but the probability of an associated incident or the consequences thereof have been significantly red
Programs often require foundational courses in business statistics and mathematics, and information systems. Depending on the institution, a formal academic major may or may not be established. Regardless, a Bachelor of Commerce degree [ 3 ] requires students to take the majority of their courses in business-related subjects, including the ...
Deliberate risk management is used at routine periods through the implementation of a project or process. Examples include quality assurance, on-the-job training, safety briefs, performance reviews, and safety checks. Time Critical Time critical risk management is used during operational exercises or execution of tasks.
The Management College of Southern Africa (MANCOSA) is an education institution located in Durban, South Africa. It is a private higher education institution , established in 1995 as a post-apartheid empowerment institution , offering affordable and accessible management education primarily to persons previously denied access to postgraduate ...