Duration 5 days – 35 hrs
Overview
The ISO 31000 Certified Risk Manager Training Course is designed to equip participants with the knowledge and skills necessary to effectively manage risks within organizations according to the ISO 31000 standard. This course covers the principles, framework, and processes of risk management, providing practical guidance on how to identify, assess, treat, and monitor risks systematically. Participants will learn to implement risk management strategies that enhance organizational resilience and enable informed decision-making. Through interactive sessions, case studies, and practical exercises, participants will gain hands-on experience in applying ISO 31000 principles to real-world scenarios.
Objectives
• Understand the principles and framework of ISO 31000 for risk management.
• Be proficient in identifying, assessing, and evaluating risks within their organization.
• Develop skills in developing and implementing risk treatment plans.
• Gain practical experience through hands-on exercises and case studies to apply ISO 31000 principles effectively.
Audience
• Risk Managers and Analysts
• Compliance Officers and Auditors
• Project Managers and Executives involved in decision-making
• Business Continuity Managers
• Anyone responsible for managing or advising on organizational risks
Prerequisites
• Basic understanding of organizational processes and business environments.
• Familiarity with risk management concepts and terminology.
Course Content
Day 1: Introduction to Risk Management
• Overview of Risk Management Principles and Concepts
• Importance of Risk Management in Organizations
• Introduction to ISO 31000 Standard
• Benefits and Challenges of Implementing ISO 31000
Day 2: Risk Management Framework
• Components of the ISO 31000 Risk Management Framework
• Establishing Context and Scope for Risk Management
• Risk Management Policy and Objectives
• Practical Exercise: Developing a Risk Management Plan
Day 3: Risk Assessment and Risk Identification
• Methods and Techniques for Risk Identification
• Risk Assessment Process according to ISO 31000
• Understanding Risk Criteria and Tolerances
• Case Study: Conducting a Risk Assessment Exercise
Day 4: Risk Evaluation and Risk Treatment
• Risk Evaluation Techniques: Likelihood and Impact Assessment
• Developing Risk Treatment Strategies: Avoidance, Mitigation, Transfer, Acceptance
• Implementing Controls and Countermeasures
• Practical Exercise: Developing Risk Treatment Plans
Day 5: Risk Monitoring and Review
• Monitoring and Reviewing Risk Management Activities
• Continuous Improvement in Risk Management
• Integration of Risk Management with Business Processes
• Final Case Study: Applying ISO 31000 in a Complex Scenario
