Course Title: Principles of Loss Prevention

Course Description:
This course introduces the fundamental concepts, strategies, and practices used to prevent and minimize losses in organizations. It focuses on identifying potential risks, understanding their impact on operations, and implementing proactive measures to protect people, property, information, and resources. Students will examine loss prevention within the contexts of security management, occupational health and safety, retail operations, and corporate governance. Emphasis is placed on deterrence, detection, investigation, and corrective action to safeguard organizational assets and ensure business continuity.

Through real-world case studies, scenario analysis, and practical exercises, learners will develop the ability to recognize loss-causing factors, assess vulnerabilities, and design cost-effective prevention programs.

Key Topics Covered:

• Introduction to loss prevention and asset protection

• Types of losses (theft, fraud, accidents, cyber incidents, operational errors)

• Risk assessment and vulnerability analysis

• Physical and technological security measures

• Internal controls and fraud prevention strategies

• Workplace safety and accident prevention

• Policies, procedures, and compliance standards

• Investigative techniques and incident reporting

• Role of training and employee awareness in loss prevention

Learning Outcomes:
Upon completion of the course, students will be able to:

1. Define loss prevention and explain its importance in organizational sustainability.

2. Identify the main sources and causes of losses in various industries.

3. Apply risk assessment techniques to detect vulnerabilities.

4. Recommend appropriate physical, procedural, and technological controls.

5. Design a loss prevention program tailored to an organization’s needs.

6. Ensure compliance with legal, ethical, and industry standards in prevention measures.

Target Audience:
Security officers, risk managers, safety supervisors, retail managers, fraud investigators, and students pursuing careers in risk and security management.

Duration: 30–45 hours (customizable based on institutional needs)