The Business Professor
Understanding the Components of Internal Controls
In this video, we delve into the important topic of internal controls and break down its key components. Join us as we explore the fundamental elements that make up an effective internal control system within a company or organization.
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Investment vs Speculation
Today session we will understand the difference between Investment and Speculation. We will know more pro's and con's of Speculations also the Tips of nevigate the world of finance and securities market.
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Consumer and Investor Protection and Ombudsman
Todays session is all about the consumer protection in financial services. In this session we will dicuss on following topics: 1] Consumer protection in financial services 2] Redressal Mechanisms to protect the consumer 3] Guidence for...
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Advancements in Safety: Crash Tests in Formula One and Production Cars
This video highlights the importance of safety in Formula One racing and the rigorous crash tests that cars must undergo to ensure the protection of drivers. It emphasizes the advancements made in improving safety standards and how these...
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Risk Management for Cyber Security Managers - Risk Management Definition and Types
In this video, we embark upon cyber risk management, the types of cyber risks we may face in an organization, and how to eliminate those risks as much as possible.
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What are Risks and Issues?.. in 60 seconds
A quick bite-sized introduction to Risks and Issues in 60 seconds
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How to Create a Risk Management Plan
Risk Management is a big topic. But at its core is your risk management plan... How will you deal with a particular risk? Eight Steps to Create a Risk Management Plan 1. Clarify what the risk is Characterize it, describe it, evaluate it,...
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What is a Residual Risk & What is Secondary Risk?
In this video, I answer the questions what is Residual Risk and what is a Secondary Risk? And along the way, we also need to understand the term Inherent Risk too. Inherent Risk, or Underlying Risk This is the risk level you start with,...
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How to Write a Health & Safety Plan for Your Project
Health and Safety is nobody’s idea of a fun discipline. But Health & Safety is another thing that is your responsibility as a Project Manager. So, if you decide it is a necessary document to have, how do you write a Health & Safety Plan...
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How to Do Issue Management
With any project, things will happen that you don't expect. Issues will emerge. So, how do you do Issue Management? In this video, I describe the following steps: 1. Identify Issues 2. Analyze Issues 3. Plan Issue Response 4. Take...
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Get Promoted: How to Get a Promotion.
Do you want to get a promotion? Okay, here’s how. Promotions tend to result from the intersection of luck and preparedness. 1. Prepare to Spot Opportunities 2. Bring those opportunities to you 3. Keep Learning 4. Innovation and Problem...
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Project Management 101: Beginner's Guide to Project Management
Welcome to our Beginner's Guide to Project Management. This Project Management 101 is not for dummies, nor for idiots. Because that's not who you are. But there's no shame in being a beginner: we all started at the beginning! In this...
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Project Management: The Definition of Risk
What is Risk? In this video, Dr Mike Clayton, author of 'Risk Happens!' sets out a clear definition. This is a sample video from our Project Management core course program.
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Project Risk Management - How to Manage Project Risk
When you are managing a project, risk is always with you. So, Project Risk Management is a fundamental discipline. Project Risk Management one of the 10 Knowledge Areas in the PMBOK Guide 6th Edition and one of the 7 themes of PRINCE2....
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What is SWOT Analysis? Useful tool for Project Managers
SWOT Analysis is a well-known tool. And rightly so! It is simple, yet it is also flexible and powerful. As a project manager, SWOT Analysis is one of those tools that you can use in may circumstances. So it's a great resource to have in...
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How to Survey Changes to Your External Business Environment
A wise Project Manager knows that their job is not constrained by the boundaries of their project. You need to be able to Survey Changes to Your External Business Environment. Your project sits within the context of your organization....
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Truth Decay: Top 10 Reasons to Apply Skepticism and Doubt as a Project Manager
The truth is not a constant. Knowledge changes and you must change with it if you are to stay in control of Truth Decay. And that means that your best friends are skepticism and doubt. For project managers, doubt is a valuable weapon in...
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What are RAID, CAD, and DCARI?
Defining your project is a vital task. And there are a lot of things to remember. Fortunately, we have some handy acronyms: RAID, CAD, and DCARI. You may find them helpful - or you may have heard them, and wondered what they mean. So,...
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Risk Management for Cyber Security Managers - Steps to Implement TPCRM
In this lesson, you will learn how to identify the possible third-party vendors and what factors to consider before weighing the options and the amount of risk control desired.
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Risk Management for Cyber Security Managers - Risk Mitigation
Let's look at the first step of risk management in cyber security, which includes risk mitigation, the most common risk control method.
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Risk Management for Cyber Security Managers - Risk Assessment
After learning to identify risks from the previous video, we will now look at the various possibilities for assessing risk.
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What is a Black Swan?
The Black Swan is a book about risk, by polymath, Nassim Nicolas Taleb. Black Swans risks that meet 3 criteria 1. Outlier - not expected from previous experience 2. Extreme impact 3. Explainable after the fact You can think of a black...
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4 Types of Project Risk - Different Forms of Uncertainty
A project risk is simply ‘uncertainty that can affect outcome’. And when we classify risks, we focus on the types of impact that they can have: - Schedule - Budget - Technology - People - Compliance - Political… - Etc We rarely think of...
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Project Management Lessons from Star Trek
7 lessons from Star Trek that do not demand you are a big Star Trek fan, Trekkie, Trekker or whatever. All you’ll need is a glancing familiarity with one of the main shows or films. In Star Trek, the leading characters represent valuable...