Understand the implementation of Risk Management processes based on ISO 31000

ISO 31000 Risk Manager

Why should you attend?

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.

Upon completion of the training course, you can sit for the exam and apply to obtain the 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.

Who should attend?

  • 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

  • Understand the risk management concepts, approaches, methods, and techniques
  • Learn how to establish a risk management framework in the context of an organization
  • Learn how to apply the ISO 31000 risk management process in an organization
  • Understand the basic approaches, methods, and practices used to integrate risk management in an organization

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.

Prerequisites

A fundamental understanding of ISO 31000 and comprehensive knowledge of risk management

Course agenda

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

Day 2: Initiation of the risk management process and risk assessment based on ISO 31000

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

Examination

The Certified ISO 31000 Risk Manager exam complies with the requirements of the 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

For more details about the exam, please visit Examination Rules and Policies

Certification

Having successfully passed the exam, you can apply for the respective credential. You will receive the certificate once you comply with all the requirements of this certification. Certification fees are included in the exam price. For more information about the certification, please refer to the Certification Rules and Policies.

The requirements for the Certified ISO 31000 Risk Manager” certifications are:

Credential

Exam

Professional experience

Risk Management experience

Other requirements

Certified ISO 31000 Provisional Risk Manager

Certified ISO 31000 Risk Manager exam or equivalent

None

None

Signing the Code of Ethics

Certified ISO 31000 Risk Manager

Certified ISO 31000 Risk Manager exam or equivalent

Two years: One year of work experience in Risk Management

Risk Management activities: a total of 200 hours

Signing the Code of Ethics

To be considered valid risk management experience, the activities should follow best risk management practices and include the following:

  1. Identifying assets, existing measures, risk sources, and consequences
  2. Assessing risk consequences and incident likelihood and determining the risk level
  3. Evaluating risk levels and risk treatment options
  4. Selecting risk treatment options, developing a risk treatment plan, and evaluating residual risk
  5. Accepting the risk treatment plan and the residual risk

General Information

  • Training course materials containing over 300 pages of information and practical examples will be distributed to participants.
  • An attendance record of 21 CPD (Continuing Professional Development) credits will be issued.
  • If you fail the exam, you can retake the exam once for free within 12 months following the initial exam date.