Topic outline

  • Module 4: Risk Mitigation

    TITLE
    • Risk Mitigation
    KEYWORDS (META TAG)
    • Risk mitigation
    • Resilience
    • Vocational training
    • Risks
    • Identification
    • Assessment
    • Prioritization
    • Mitigation strategies
    • Controls and countermeasures
    • Monitoring
    • Responsibility
    • Communication
    LANGUAGE
    • English
    OBJECTIVES / GOALS / LEARNING OUTCOMES
    • LOut1: Understand what risk mitigation is and why it's important in vocational education and training.
    • LOut2: Identify, evaluate, and assess risks in the setting of vocational training.
    • LOut3: Create effective plans and strategies for reducing risks that are geared toward practical education and training.
    • LOut4: Evaluate the efficacy of risk mitigation measures and promote a risk-aware and responsible culture in vocational education and training institution.
    CONTENTS IN BRIEF The module on Risk Mitigation for Vocational Education and Training Staff explores concepts, ideas and processes around Risk Mitigation and management. The module highlights the importance of Risk Mitigation strategies in order to ensure the effective implementation and continuation of VET programmes. It sheds light on different types of risks and ways to successfully tackle them. Additionally, the module offers an understanding of prioritization strategies as well as strategies for the development of risk mitigation plans. The content is developed in such a way to equip participants with the necessary knowledge and skills to manage risks in Vocational education and training settings.
    GLOSSARY ENTRIES
    • Risk Mitigation: The ability to identify, assess and prioritize all types of risks and where they could come from, such as natural causes, legal changes, or uncertainty in any given context, and the methods for dealing with risks effectively.
    • PESTEL analysis / technique: Political, Economic, Socio-Cultural, Technological, Environmental, Legislative
    • SWOT analysis: Strengths, Weaknesses, Opportunities, Threats
    BIBLIOGRAPHY AND FURTHER REFERENCES List of references:
    • Burov, O., & Pinchuk, O. (2021). Extended reality in digital learning: influence, opportunities and risks’ mitigation. Educational Dimension, 5, 144-160.
    • Cox, D. J., Plavnick, J. B., & Brodhead, M. T. (2020). A proposed process for risk mitigation during the COVID-19 pandemic. Behavior analysis in practice, 13, 299-305.
    • Menoni, S., & Margottini, C. (Eds.). (2011). Inside risk: a strategy for sustainable risk mitigation. Springer Science & Business Media
    • Nundkumar, A. (2016). Risk management: a case study in a KwaZulu-Natal technical and vocational education and training college (Doctoral dissertation).
    RELATED MATERIAL AND REFERENCE LINK (I.E. YOUTUBE VIDEOS) Images sources: Video sources:

    Additional resources: Videos:

    Templates:
    RELATED PPT
    • Risk Mitigation