Data-Driven Risk Management

Categories: Chartered
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About Course

This module explores how organizations can use data to improve the effectiveness and precision of operational risk management. Learners will understand how to collect, categorize, and analyze incident and loss event data, leverage historical information to identify trends and prevent repeat failures, and develop meaningful risk reports that support informed decision-making. The focus is on turning raw data into actionable insights that enhance risk resilience and support proactive management.

What Will You Learn?

  • How to collect, validate, and analyze incident and loss-event data, turning raw reports into structured datasets
  • Techniques for leveraging historical data—including trend analyses, root-cause insights, and lessons-learned frameworks
  • Best practices for risk reporting and communication, crafting dashboards, summaries, and narratives that drive strategic and operational decisions

Course Content

Incident and Loss Event Data

  • Data Collection Methods
  • Classification and Categorization
  • Data Validation and Quality Control

Historical Data and Trend Analysis

Risk Reporting and Communication

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