ISO 31000 Risk Management

• An understanding of basic business or organizational management practices
• Experience in governance, operations, compliance, or project management
• Familiarity with corporate decision-making or policy development

Audience

• Risk managers and officers
• Compliance and internal control professionals
• Executives and managers responsible for risk-based decision-making

ISO 31000 is an international standard that provides principles and guidelines for effective risk management across all types of organizations and business activities.

This instructor-led, live training (online or onsite) is aimed at beginner-level to intermediate-level professionals who wish to develop a strong understanding of ISO 31000 and apply its risk management framework and process to their organizations.

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

• Understand the fundamental principles of ISO 31000 and risk management.
• Apply the risk management framework to integrate risk across business functions.
• Perform risk identification, assessment, treatment, and monitoring.
• Develop and maintain a risk-aware organizational culture and communication structure.

Format of the Course

• Interactive lecture and discussion.
• Real-world case studies and examples.
• Group exercises and scenario-based activities.

Course Customization Options

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

Introduction to Risk Management and ISO 31000

• Definition of risk and its importance in modern organizations
• Purpose, structure, and scope of ISO 31000
• Relationship with other standards and management systems

Principles of Risk Management

• Core principles for effective risk management
• Linking risk to value creation and protection
• Embedding risk in all organizational activities

Establishing a Risk Management Framework

• Integrating risk into governance and strategy
• Designing and implementing the risk framework
• Roles of leadership and organizational commitment

Risk Management Process: Scope and Context

• Establishing context, objectives, and risk criteria
• Defining internal and external risk influences
• Establishing the risk appetite and tolerance

Risk Assessment and Treatment

• Risk identification techniques and sources of risk
• Risk analysis and evaluation methods
• Risk treatment options and controls

Monitoring, Communication, and Reporting

• Ongoing monitoring and performance review
• Effective risk communication and consultation
• Documenting and reporting risk information

Continual Improvement of Risk Management

• Auditing and evaluating risk performance
• Lessons learned and corrective actions
• Developing a risk-aware culture over time

Summary and Next Steps