Risk Management

Chosen career:

Risk Management

Interests:

Management

Skills: CollaborativeHard-workingObservant

Description

Risk management considers all risks involved in the production process or mission and works with teams to minimise any impacts of these risks. They must plan, design, and implement a process to manage risks such as going over budget, risk to the company overall and the risk of not finishing the project in time. They must communicate these risks to others.

Routes

Technical knowledge either through a degree or previous experience. A bachelors degree is usually required.

Example UK Employers

Clyde Space

Key Stage 2 Curriculum Links

English

Reading: Risk management read reports on individual processes to identify the risks present.

Writing: Risk management write processes to mitigate for risks that can be shared with everyone involved in a project.

Speaking: Risk management hold meetings and speak to groups about the risks present.

Maths

Number: Risk management consider going over budget as a risk and make sure that the budget isn’t exceeded in the plans set out.

Key Stage 3 Curriculum Links

English

Reading: Risk management read reports on individual processes to identify the risks present.

Writing: Risk management write processes to mitigate for risks that can be shared with everyone involved in a project.

Speaking: Risk management hold meetings and speak to groups about the risks present.

Maths

Number: Risk management consider going over budget as a risk and make sure that the budget isn’t exceeded in the plans set out.

Probability: Risk management requires weighing up the probability of a risk having an impact on a project.

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