Risk Analysis and Root Cause Analysis

VECTRA International

Course overview

Risk Analysis and Root Cause Analysis are fundamental steps in any due diligence or risk management framework. This course provides a comprehensive understanding of how to identify potential risks to human rights, working conditions, and environmental standards — and how to investigate their underlying causes.

You’ll explore how risk analysis supports proactive decision-making, helping organizations assess suppliers, mitigate violations, and ensure compliance with UN Guiding Principles and OECD Guidelines. The course also introduces practical tools like the 5 WHYs Method and Fishbone Diagram, enabling participants to uncover the true causes behind workplace or supply chain challenges and implement sustainable corrective actions.

Through case-based insights and guided examples, participants will gain the analytical mindset needed to move from detecting risks to preventing them — reinforcing responsible business conduct and long-term sustainability.

 

What to expect

Course Type - Online e-learning
course Duration - 20-30 minutes

Skills covered

Ethical behavior Leadership Compliance
Course outline

Introduction to Risk Analysis

  • What is Risk Analysis and why it matters
  • Role of risk analysis in due diligence and sustainability
  • Legal frameworks: UN Guiding Principles and OECD Guidelines

Sources and Types of Risks

  • Risks from suppliers, environment, production, and buying practices
  • Key questions to identify risks from buyer and supplier perspectives
  • Using data, audits, and grievance channels for risk identification

Understanding Root Cause Analysis

  • Purpose and importance of identifying real causes instead of symptoms
  • Defining and analyzing problems systematically
  • Conducting team-based discussions to ensure objectivity

Tools and Techniques for Root Cause Analysis

  • The 5 WHYs Technique – tracing issues to their origin
  • Fishbone (Ishikawa) Diagram – mapping multiple potential causes
  • Case examples and practical applications

Integrating Risk and Root Cause Analysis into Business Practice

  • Using insights for decision-making and prevention
  • Continuous improvement through proactive risk management
Course outcome

After completing this course, you will:

  • Understand the concept and purpose of risk analysis in due diligence and compliance.
  • Identify key sources of risks across suppliers, operations, and the supply chain.
  • Apply root cause analysis techniques to find and address the underlying causes of issues.
  • Use 5 WHYs and Fishbone Diagram methods to analyze and resolve recurring problems.
  • Make informed decisions on risk prevention, mitigation, or remediation.
  • Strengthen your company’s risk management and sustainability performance through systematic analysis.

Frequently Asked Questions

How do I access my purchased courses?

You will be able to access your purchases after you’ve successfully logged into your VECTRA account. This information will include links to each of the purchases for quick navigation. You will also receive an email with a link for your training.

Can I share my access to purchased courses with others?

No, sharing access is not permitted. Each purchase provides a single-user license. Sharing access may result in the termination of your account. If you are interested in making a group purchase for your company, please write at contact@vectra-intl.com.

Can I access my purchased courses on multiple devices?

Yes, you can access your purchased products and services on multiple devices, provided you are the account holder. This allows for flexible learning and usage.

Will I get a certificate upon completing an online course?

Some courses include certificates of completion. Please check the course details for confirmation.

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