This module provides learners with comprehensive knowledge and practical skills to assess, manage, and mitigate risks associated with domestic and international trade operations. It begins by examining the concept of risk and its categories, including natural and manmade risks, and focuses on key import and export risk areas such as financial, environmental, compliance, reputational, and operational risks. Learners are guided to identify the underlying causes of these risks—ranging from systemic and structural factors to immediate operational failures—and to apply structured risk assessment procedures to evaluate likelihood, impact, and affected stakeholders.
The module further explores the consequences of poor risk management, highlighting potential outcomes such as penalties and fines, customer dissatisfaction, reputational damage, financial losses, operational failure, and, in extreme cases, business collapse. Emphasis is placed on understanding consequence levels to support effective prioritization and allocation of resources in risk management.
Learners are then introduced to operational risk planning and mitigation strategies, including risk avoidance, transfer, reduction, and retention. The use of risk registers is emphasized as a key tool for documenting risks, assigning accountability, tracking mitigation actions, and supporting communication and reporting. The module also covers the development and effective use of contingency plans to ensure preparedness, business continuity, and rapid response to disruptions such as natural disasters, workplace incidents, and international distribution challenges.
Finally, the module reinforces best practices for effective risk management, including continuous monitoring, stakeholder collaboration, senior management involvement, and fostering a risk-aware organizational culture. By applying these principles, organizations can enhance resilience, protect stakeholders, and ensure sustainable performance in complex trade environments.
- Teacher: CLEMENCE JACOB
By the end of the module, the trainee should be able to:
Elements of competence
1.Demonstrate abilities in professional oral communication
2. Demonstrate abilities in English writing for business and professional purpose
3. Demonstrate abilities to read specialist texts
- Teacher: Jean Paul DUKUNDANE
This module equips learners with the ethical foundations and professional standards essential for effective procurement and supply chain management. It explores the principles of integrity, accountability, fairness, and transparency in business transactions, focusing on the ethical challenges that affect public and private procurement systems in both local and global contexts.
Students will analyze real-world ethical dilemmas in procurement, learn to apply codes of conduct, and examine the implications of unethical practices on organizational reputation and performance. The module emphasizes sustainable and socially responsible sourcing, corporate social responsibility (CSR), and global compliance with supply chain regulations.
Learners will also develop competencies to identify and manage ethical risks, monitor fraud and corruption, promote integrity, and uphold environmental and social responsibility. Through case studies and scenario-based exercises, the module integrates Rwandan public procurement frameworks with international best practices, preparing students to make sound ethical decisions in dynamic business environments.
- Teacher: JOSEPH GASANA
- Analyze data, correlation and regression,
- Apply probability and expected Value, and
- Apply hypothesis testing and chi-square test.