Strategic plans are often sabotaged by a failure to identify and manage associated risks. To be successful, your organization must constantly track and manage risks that can interfere with effective strategy execution. Risks can come from a variety of sources (e.g., economic, sociological, technological, etc.) and may have a potential impact on your enterprise’s strategy and programs, making management seem a difficult, impossible task.

However, managing risk is essentially a matter of identifying and curating what “could” happen, monitoring developments and circumstances, and taking action to reduce or eliminate the chances of a risk occurring. In this course, you will learn to integrate effective risk management into your strategic planning and execution process.

Field of Study: Government Auditing