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MODULE 1: Entrepreneurship

Curriculum

  • 5 Sections
  • 5 Lessons
  • Lifetime
Expand all sectionsCollapse all sections
  • Lesson 1: Business Decision Making
    1
    • 1.1
      Lesson 1: Business Decision Making
  • Lesson 2: Financial Plan
    1
    • 2.0
      Lesson 2: Financial Plan
  • Lesson 3: Risk Management
    1
    • 3.0
      Lesson 3: Risk Management
  • Lesson 4: Business Model Canvas
    1
    • 4.0
      Lesson 4: Business Model Canvas
  • Lessons Plans for VET Teachers M1 Entrepreneurship
    1
    • 5.0
      Lessons Plans & Activities Module 1 Entrepreneurship

Lesson 3: Risk Management

LEARNING OUTCOMES
Knowledge:
• Developing an understanding of the concepts of risk assessment and risk management and recognising
their significance in the business context.
Competences:
• Engaging in an exploration of a practical risk management plan, delving into the process of identifying,
analysing, and mitigating risks in a business setting.
Attitudes:
• Cultivating a problem-solving mindset when it comes to business risk management, adopting an approach
that seeks to find solutions and minimise the impact of risks.
• Fostering a mindset of tolerance and resilience, acknowledging that risks are inherent in business and
developing the ability to adapt and bounce back from challenges in the risk management process.

AIM OF ACTIVITY
The objective of this activity is to enhance participants’ understanding of risk management as a comprehensive
process that encompasses risk assessment, issue resolution, impact reduction, and proactive business adaptation.
By exploring the various elements of risk management, participants will develop strategies to mitigate risks and
improve business resilience.

Lesson 2: Financial Plan
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Lesson 4: Business Model Canvas
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