ISO 31000:2018 RISK LA

ISO 31000:2018 – RISK MANAGER CERTIFICATION STANDARD

Course Overview:

This course provides delegates with fundamental knowledge of assessment skills that will add value to organizations. Successful completion of the course fulfils the formal training requirement for individuals seeking Third Party Assessments.

Learning objectives

By the end of this training course, the participants will be 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.
• Establish, maintain, and continually improve a risk management framework, in accordance with ISO 31000 guidelines.

Educational approach

• The training course is based on theory and best practices used in risk management.
• 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

WHO SHOULD TAKE THE CERTIFICATION IN RISK MANAGEMENT BASED ON ISO 31000 STANDARD?

• Business Risk managers
• Executive level stakeholders
• Chief Information Security Officer / Chief Information Officer (CISO/CIO)
• Business finance managers
• Business process owners
• Health, Safety, and Environment (HSE) Risk Manager (s)
• Facilities managers
• Auditors
• Information Security Team
• Compliance Officers & Legal Professionals
• Project, Change Managers & HR Managers

Course Outline

• Risk Management fundamentals
  • Definition
  • Principles for managing risks in the workplace
  • Risk Management Process
• Risk Management framework
  • Communication and consultation
  • Identification of Risk
  • Analysis and evaluate of risks
  • Framework and process described in ISO 31000:2018
• Risk based thinking, structure of ISO 31000 standard
  • Use ISO 31000:2018 key terms
  • Importance and benefits of ISO 31000:2018
  • Correlation between ISO 31000, IEC/ISO 31010 and other standards and regulatory frameworks
• Risk Management and future trends
  • Key challenges and imperatives to manage risk
  • How to establish an effective risk communication plan
• Mitigation and monitoring of risks
  • Methods and techniques used to manage risk within an organization
  • How to establish a risk recording and reporting process
  • Ways to effectively manage and monitor risk based on best practices
• Business and risk management trends
  • Leadership role in managing risk at all levels
  • How to interpret the ISO 31000 principles
  • Role of Management in achieving objectives and improving performance in risk management

EXAM DETAILS:

• Multiple-choice examination consisting of 40 questions. Each question is of one mark.
• A pass is achieved by answering 70% of the questions correctly (minimum 28 out of 40 marks).
• Duration of exam: 1 hour

DURATION:  5DAYS/45 hours