Risk Management Module 2023

Description

The Risk Management Module (RMM) has been developed to ensure that API Member RPVs and CPVs meet the requirements of both the API CPD Policy and the Professional Standards Council accreditation standards. The Module is mandatory for each CPV/RPV as stated in the API CPD Policy.

The Professional Board of the International Valuation Standards Council (IVSC) has developed Professional Membership Obligations. The need for contemporary information in relation to rapidly evolving competency-based education was highlighted by the IVSC.

Members who undertake valuations of Australian property are required to hold a current RMM Completion Certificate from an API approved RMM. The Module is required to be completed annually.

Learning Objectives

1. Apply the fundamental principles of risk management.
2. Outline the appropriate legal and professional frameworks.
3. Evaluate a range of scenarios to develop risk management practices.