BCS Foundation Award - How to manage risk
Develop your understanding of risk, how it’s measured and managed, and how you report on risk effectively to inform sound business decisions - skills vital for every project in every organisation.
Who is this for?
- Anyone who implements digital technology and needs to understand the associated risks and implications
- Candidates who want a clearer understanding around the impact risk has on decision-making and running a business.
Entry requirements
There are no pre-requisites for entry to the exam.
What will I learn?
This award sits within the Business innovation area of the AI Foundation Pathway and provides a comprehensive introduction to risk management which you can apply in many business situations.
You'll learn about:
- defining risk
- analysing risk
- accurately measuring and documenting risk
- reporting on risk clearly and effectively to decision-makers
Download our latest syllabus (PDF)
This award contributes 4 credits towards the:
- Foundation Certificate in AI (total credits required: 20)
- Foundation Diploma in AI (total credits required: 36)
Other Business innovation awards in the IA Foundation Pathway include:
How can I prepare for this award?
You can achieve this qualification through virtual or classroom training with a BCS-accredited training provider. As a guide, the estimated total qualification time for this award is 40 hours based around 16 hours of contact time, 23 hours of independent learning and a 30-minute summative assessment. Prices of exams start from £90 + VAT per award - though prices may vary depending on training provider.
Classroom
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What's next?
Build on your foundation learning and achieve the Foundation Certificate in AI by studying one award from each of the four key awards areas. Study eight awards across the four areas and you’ll achieve the Foundation Diploma in AI. Why not look at…
Data Awards
Learn how data enables AI to perform, how it’s cleaned, structured and stored - and specifically focusing on machine learning how to use data in the right way, work with security protocols and uphold good ethical practice.
Ethics Awards
AI’s ability to learn, replicate and predict means it will have a considerable impact on society and our environment if we don’t approach it ethically, sustainably and with clear governance. This set of awards explores the impact of decision-making and is vital learning for any forward-thinking IT professional.
This qualification is not regulated by the following United Kingdom Regulators - Ofqual, Qualifications Wales, CCEA Regulation or SQA.
