This five-day intensive course qualifies participants to develop the necessary expertise and knowledge to support an organization in implementing a risk management process as specified in ISO 31000. Participants will also gain a comprehensive understanding of the best practices used to appropriately manage risk, through all the principles of ISO 31000. This training is also fully compatible with ISO/IEC 31010 which supports ISO 31000 by providing guidance for risk assessment

Course objectives and structure

Concepts and definitions of risk

Standard and regulatory framework

Implementing a risk management framework

Context establishment

Risk Identification

Risk Analysis

Risk Evaluation

Risk Assessment with a quantitative method

Risk Treatment

Risk Acceptance

Risk Communication and Consultation

Risk Monitoring and Review

Risk types

(Risk management methodologies based on ISO/IEC 31010 (part 1

(Risk management methodologies based on ISO/IEC 31010 (part 2

Competence, evaluation and closing the training

DAY 5 : Certification Exam

Responsible individuals that need to assess an organization’s capability in -

managing risk

Managers and implementers of risk management -

Responsible individuals that need to ensure that they are effectively managing risk -

within an organization

Risk analyst and management officers -

Line managers and project managers -

Executive managers and line managers across all organizations, public and private -

Professionals responsible for the development of standards, guides, procedures -

and codes of practice that show the way the risk is managed inside the context of 

these documents

Understand the basic concepts of risk management based on ISO 31000 and its - 

principal processes

Understand the goal, content and correlation between ISO 31000 and ISO/IEC -

31010 and other standards and regulatory frameworks

Master the concepts, approaches, standards, methods and techniques for the -

implementation and effective management of risk

Interpret the ISO 31000 requirements on risk management in a specific context -

of an organization

Develop the expertise to support an organization to manage and monitor a risk -

management as specified in ISO 31000

Acquire the necessary skills to effectively advise organizations on the best -

practices in Risk Management

Strengthen the personal qualities necessary to act with due professional care -

when implementing a risk management programme