ISO 31000:2018 Risk Manager This training course is an amalgamation of theory (including here the standard ISO 31000 itself, best practices, and other risk management frameworks) and practice (through quizzes, exercises, case studies, and the like). Upon completion of the training course, you can sit for the exam and apply to obtain the “PECB Certified ISO 31000 Risk Manager” credential. The credential demonstrates your knowledge and ability to apply the risk management process in an organization based on the guidelines of ISO 31000 and best practices.

Risks come from multiple sources and can appear in many shapes and sizes. Almost every strategic decision within an organization is accompanied by certain risks that the organization must acknowledge and deal with. Since without taking risks, there is virtually no growth, risk management should be an integral part of the processes in every organization. The ISO 31000 Risk Manager training course helps participants acquire the knowledge necessary and ability to integrate the risk management guidelines of ISO 31000 in an organization. It provides information with regard to the risk management principles and their application, as well as the core elements of the risk management framework and steps for a risk management process. In addition, it provides the basic approaches, methods, and practices for assessing risk in a wide range of situations.

At the end of this course the participants able to:

• Demonstrate understanding of risk management principles, as formulated in ISO 31000
• Establish, maintain, and continually improve a risk management framework, in accordance with ISO 31000 guidelines
• Apply the risk management process, in accordance with ISO 31000 guidelines

Course Outline

Day 1 – Introduction to risk management and establishing the risk management framework

• • Course objectives and structure
  • Standards and regulatory frameworks
  • Introduction to ISO 31000 concepts and principles
  • ISO 31000 principles, framework, and process
  • Establishing the framework and defining the governance

Day 2 – Initiation of the Risk management and risk assessment based on ISO 31000

• • Scope, context and risk criteria
  • Risk identification
  • Risk analysis
  • Risk evaluation

Day 3 – Risk treatment, recording and reporting, monitoring and review and communication and consultation according to ISO 31000

• • Risk treatment
  • Recording and reporting
  • Monitoring and review
  • Communication and consultation
  • Closing of the training course

Certification Exam

• Online examination anytime after the course

Course Duration

• 3 days 4 hours per session with offline activities

Delivery Methodologies

• The training course is based on theory and best practices used in risk management.
• Online lecture sessions are illustrated with practical examples.
• The participants are encouraged to communicate and engage in discussions and exercises.
• The exercises are similar in structure with the certification exam questions.

This course is recommended for

• Managers or consultants responsible for the effective management of risk in an organization
• Individuals seeking to gain knowledge about the risk management principles, framework and process
• Individuals responsible for the creation and creation and protection of value in their organizations
• Individuals interested in pursuing a career in risk management