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Risk Management for developing employer-led training.
Engaging with the provision of demand led higher level skills courses is a high risk activity. Between 2006 and 2011 three regional Higher Level Skills Pathfinder Projects (HLSPP), funded by HEFCE, enabled significant employer led higher skills course development by mitigating the financial risk for HEIs through the provision of funding. This provided a test bed to trial the demand and response processes in a manner that encouraged the activity to become embedded more firmly in the region’s HEI strategies.
Research led by Universities South West focused on key lessons learned through the pathfinder projects and other higher skills initiatives in respect of identifying and exploring failure and success factors for engaging in the development of new employer led training courses. In particular, it explored the inherent common risks, their indicators, their financial and reputational impact and the probability of occurrence through the provision of an exemplar risk register. As well as this detailed exemplar risk register, the project also produced a blank risk register template (with various algorithms and transformations embedded within) and detailed guidance notes on how to use it. A final report is also available. These products are available from:
http://jiscdesignstudio.pbworks.com/Risk Management for developing employer-led training