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Flexilearn is an open course portal. It was initiated by Indira Gandhi National Open University, and apart from providing free course materials, allows students to appear for the requisite exam conducted by the university and receive certification.
It is the UK's Open University's contribution to the open educational resources (OER) project and the home of free, open learning from The Open University. [5] The original project was part-funded by the William and Flora Hewlett Foundation. [6] OpenLearn is a member of the OpenCourseWare Consortium (OCWC). [7]
Risk management is the identification, evaluation, and prioritization of risks, [1] followed by the minimization, monitoring, and control of the impact or probability of those risks occurring. [2]
Course developers could charge licensing fees for educational institutions that use its materials. Introductory or "gateway" courses and some remedial courses may earn the most fees. Free introductory courses may attract new students to follow-on fee-charging classes. Blended courses supplement MOOC material with face-to-face instruction.
Open Yale Courses launched in December 2007 with seven courses from various departments. The project now includes 40 courses from a broad range of introductory courses taught at Yale college. [1] The initiative was funded by the William and Flora Hewlett Foundation, [2] which has supported other universities' OpenCourseWare projects. [3]
Wider trends such as globalization, the expansion of the internet and the rise of social media, as well as the increasing demands for greater corporate accountability worldwide, reinforce the need for proper risk management. Thus operational risk management (ORM) is a specialized discipline within risk management. It constitutes the continuous ...
Deliberate risk management is used at routine periods through the implementation of a project or process. Examples include quality assurance, on-the-job training, safety briefs, performance reviews, and safety checks. Time Critical Time critical risk management is used during operational exercises or execution of tasks.
Once the risk profile is established, the administrative, management and supervisory body must set up the risk management strategy of the company through the following elements: The risk appetite; The risk tolerances; The risk appetite is the maximum aggregated level of risk that a company wishes to take.