Course Description

Learn to help organizations establish a risk management framework and apply the risk management process based on ISO 31000

Why should you take this training course?

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.

Why is this training course more desirable than the others?

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.

What will the certification allow you to do?

Certification is the formal recognition and proof of knowledge which carries an important weight when you are entering the labor market, or when you want to advance in your career. A certified risk manager will be able to implement a risk management system, or improve an existing one.

Due to the ever-changing risk landscape, the demand for risk manager continues to be high. As such, the ISO /IEC 31000 certification has become the norm for best-practice in risk management. By taking a certification you showcase a certain skill level which will display added value not only to your professional career but to your organization as well. This can help you stand out from the crowd and increase your earning potential.

Who should attend this training course?

• 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 protection of value in their organizations
• Individuals interested in pursuing a career in risk management

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
• Apply the risk management process, in accordance with ISO 31000 guidelines

Course agenda

Day 1: Introduction to ISO 31000 and risk management and establishing the risk management framework

• Training course objectives and structure
• Standards
• Introduction to ISO 31000 concepts
• ISO 31000 principles, framework, and process
• Establishing the framework and defining the governance

Day 2 : Initiation of the risk management process 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 and Certification Exam

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

Examination
Duration: 2 hours

The “PECB Certified ISO 31000 Risk Manager” exam complies with the requirements of the PECB Examination and Certification Program (ECP). The exam covers the following competency domains:

• Domain 1 : Fundamental principles and concepts of risk management
• Domain 2 : Establishing the risk management framework
• Domain 3 : Application of the risk management process

General information

• Certification and examination fees are included in the price of the training course
• Participants will be provided with the training course material containing explanatory information, examples, best practices, exercises, and quizzes.
• An Attestation of Course Completion worth 21 CPD (Continuing Professional Development) credits will be issued to all of you who have attended the training course.
• In case candidates do not pass the exam, they are entitled to a free retake within 12 months from the date the coupon code is received.