ISO 31000: Risk Management

• Basic understanding of organizational management

Audience

• Risk management professionals
• Project managers
• Organizational leaders

ISO 31000:2018 is an international standard providing principles and guidelines for effective risk management.

This instructor-led, live training (online or onsite) is aimed at intermediate-level to advanced-level risk management professionals who wish to enhance their risk management skills in alignment with ISO 31000.

By the end of this training, participants will be able to:

• Understand the principles and concepts outlined in ISO 31000.
• Implement effective risk management processes in compliance with ISO 31000.
• Identify and assess risks systematically.
• Apply risk treatment strategies and monitoring techniques.
• Communicate and report risks transparently within the organization.

Format of the Course

• Interactive lecture and discussion.
• Lots of exercises and practice.
• Hands-on implementation in a live-lab environment.

Course Customization Options

• To request a customized training for this course, please contact us to arrange.

Day 1: Understanding ISO 31000 Principles

Introduction to ISO 31000

• Overview of the standard
• Importance of risk management in organizational context

Key Concepts in Risk Management

• Definitions and terminology
• Principles of risk management

ISO 31000 Framework Components

• Structure and organization of ISO 31000
• Integration with organizational processes

Risk Identification and Assessment

• Systematic approach to risk identification
• Methods and tools for risk assessment

Day 2: Implementing and Managing Risk

Risk Treatment Strategies

• Options for treating and responding to risks
• Developing risk treatment plans

Risk Monitoring and Review

• Establishing a risk monitoring framework
• Regular reviews and updates

Communication and Reporting of Risks

• Transparent communication of risk information
• Reporting mechanisms and documentation

Integration of ISO 31000 with Organizational Processes

• Incorporating risk management into decision-making
• Continuous improvement and adaptation