Learn how to harness the power of Power BI to identify, assess, and monitor risk. This course focuses on building interactive dashboards, visualizing key risk indicators, and using data-driven insights to support proactive risk management across your organization. You’ll learn about both Excel and Power BI in this course.
Prerequisites
No prerequesites.
Audience
- Risk Analysts and Managers – professionals responsible for identifying and mitigating risks across operations, finance, compliance, or cybersecurity.
- Compliance Officers – individuals needing to track and report on regulatory metrics and controls.
- Internal Auditors – those who assess risk exposure and need to present findings effectively.
- Data Analysts in Risk or Governance Roles – professionals using data to evaluate threats, monitor KPIs, and guide decision-making.
- Business Intelligence Professionals – looking to expand their toolkit into risk-focused reporting.
- Managers and Executives – who need visibility into risk dashboards to support strategic decisions.
Course Content
- Overview of Power BI and its role in risk monitoring
- Structuring risk data for analysis (event tables, dimensions, metrics)
- Building a risk register model
- Relationships and data integrity
- Using star schema for GRC reporting (Governance, Risk and Compliance)
- Importing and cleaning risk data
- Merging data from multiple systems (e.g., audit, finance, incident tracking)
- Handling missing data and anomalies
- Creating derived columns for risk scoring
- Calculating Key Risk Indicators (KRIs)
- Risk scores, exposure levels, likelihood x impact
- Rolling averages and thresholds for alerting
- Time intelligence for trend analysis (monthly/quarterly risk views)
- Designing risk heatmaps and scoring matrices
- KPI cards and status indicators (red/yellow/green)
- Risk dashboards by business unit, geography, or category
- Drill-through reports for incident details and root cause
- Conditional formatting and data-driven alerts
- Scheduling refreshes for real-time data
- Risk dashboards in finance, healthcare, manufacturing, etc.
- Audit and compliance reporting examples
- Real-world interactive dashboards walkthrough
- Government fiscal years beginning April 1st and July 1st.
- Surrogate Keys.
- Kimbal methodology.
- Star Schema.
- Measures and organizing measures with Measures Tables and Display Folders.
Course Setup Checklist
- Power BI Desktop:
- Work computers: Install via your software center or contact your help desk.
- Personal computers: A free download link will be provided upon registration.
- Computer with at least two monitors and a mouse.
- The course files (download link provided when you register).