Course Outline

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

Requirements

  • 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
 14 Hours

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