Risk Management 101

person icon Simon Di Nucci

Risk Management 101

Learn the fundamentals of Risk Management in this free lesson!

updated on icon Updated on Sep, 2023

language icon Language - English

person icon Simon Di Nucci

architecture icon Risk Management,Work Safety,Personal Development


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Course Description

Hi everyone,

Welcome to Risk Management 101, where we're going to go through the basic concepts of risk management. We're going to break it down into the constituent parts and then we're going to build it up again and show you how it's done. I've been involved in risk management, project risk management, safety risk management, etc., for a long, long time. I hope that I can put my experience to good use, helping you in whatever you want to do with this information.

Maybe you're getting an interview. Maybe you want to learn some basics and decide whether you want to know more about risk management or not. Whatever it might be, I think you'll find this short session really useful. I hope you enjoy it and thanks for watching.

Topics for this Session, Risk Management 101:

  • Hazard Identification.

  • Hazard Analysis.

  • Risk Estimation.

  • Risk [and ALARP] Evaluation.

  • Risk Reduction.

  • Risk Acceptance.

Risk Management is “The systematic application of management policies, procedures and practices to the tasks of Hazard Identification, Hazard Analysis, Risk Estimation, Risk and ALARP Evaluation, Risk Reduction and Risk Acceptance.”


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What will you learn in this course:

  • Fundamental Risk Management terms and concepts;
  • What is Risk Management?
  • How do we Identify Hazards?
  • What is Hazard Analysis?
  • What is Risk Evaluation?
  • Risk (and ALARP/SFARP) Evaluation;
  • How do we Reduce Risk?
  • What is Risk Acceptance? and
  • Bonus Topic: What is Risk Assessment?


What are the prerequisites for this course?

  • This is an introduction to the subject - there are no entry criteria.
Risk Management 101


Check out the detailed breakdown of what’s inside the course

1 Lectures
  • play icon Introduction to Risk Management 01:03 01:03
Starting Off
1 Lectures
Part 1
1 Lectures
Part 2
1 Lectures
Part 3
1 Lectures
1 Lectures

Instructor Details

Simon Di Nucci

Simon Di Nucci

The Safety Artisan - Launch a successful career with high-quality, accessible training in Risk and Safety!

Sign up for my free email safety tips, and get the “Safety Assessment Techniques Overview” Video Lesson for free (usually $45 US)!

Hi, I'm Simon Di Nucci, and I have spent more than 25 years as a system safety engineer. I have always sought to pass on my expertise to others.

I was part of the team that taught the official safety engineering courses to all UK Ministry of Defence staff. I then went on to create bespoke safety courses for several different clients, including the UK Military Aviation Authority. I'm now teaching safety online, to anyone who wants to do Safety, Just Right.

To do this, I have drawn on my wide and deep experience in safety consulting and engineering. Much of my career has been working for governments or being a consultant to the public sector on Australian, UK, US, and European programs.

I am a Fellow of Engineers Australia (FIE(Aust)) and a Chartered Engineer with the Institution of Engineering & Technology (CEng IET).  I have an MSc in Safety-Critical Systems Engineering.

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Mark Green

Good information is there more courses related to Risk Management for Finance and Banking and Insurance would be helpful when dealing with Data and regulatory and compliance standards.


Meython Vireak

good Lecture , good presentation, but it is a little bit short.


Brajesh Kumar Dubey

Good for me.

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