BCS Foundation Award - How to manage risk

Develop your understanding of risk, how it’s measured and managed, and how you report on risk effectively to inform sound business decisions - skills vital for every project in every organisation.

Who is this for?

  • Anyone who implements digital technology and needs to understand the associated risks and implications
  • Candidates who want a clearer understanding around the impact risk has on decision-making and running a business.

Entry requirements

There are no pre-requisites for entry to the exam.

What will I learn?

This award sits within the Business innovation area of the AI Foundation Pathway and provides a comprehensive introduction to risk management which you can apply in many business situations.

You'll learn about: 

  • defining risk
  • analysing risk
  • accurately measuring and documenting risk
  • reporting on risk clearly and effectively to decision-makers

Download our latest syllabus (PDF)

This award contributes 4 credits towards the:

  • Foundation Certificate in AI (total credits required: 20)
  • Foundation Diploma in AI (total credits required: 36)

Other Business innovation awards in the IA Foundation Pathway include:

How do I take the exam?

Training and exam (recommended)

Take this course with one of our accredited training providers.

How long will it take?

Classroom courses normally last one day.

Where can I study?

The training provider will be able to advise you, but typical options include:

  • At an approved provider near you
  • At your computer via e-learning or web conference learning

How much does it cost?

Prices for courses vary depending on your chosen training provider, country and course format.

Find a provider

Exam only (self study)

Ideal if you’re self-motivated and already know something about AI and related areas, although we do recommend a training provider for this course.

How do I book an exam?

Call +44 (0)1793 417417 to book your exam.

How long will it take?

As a guide, the estimated total qualification time for this award is 40 hours based around 39.5 hours of independent learning (if at a training provider, we recommend 16 hours of contact time, plus 23.5 hours of independent learning) and a 30-minute summative assessment.

Where do I sit my exam?

If you’re studying for this qualification without a training provider you can sit this exam directly with BCS online.

How much does it cost?

UK price: £65 + £35 for exam remote proctor + VAT.
International prices may vary by region, please check international pricing via our Customer Service team.

Contact us on +44 (0)1793 417417

What's next?

Build on your foundation learning and achieve the Foundation Certificate in AI by studying one award from each of the four key awards areas. Study eight awards across the four areas and you’ll achieve the Foundation Diploma in AI. Why not look at…

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This qualification is not regulated by the following United Kingdom Regulators - Ofqual, Qualifications Wales, CCEA Regulation or SQA.