Description
Overview
This three-day certification program provides participants with the essential knowledge and practical ability to integrate the ISO 31000 risk management guidelines within an organization. The course focuses on interpreting and applying risk management principles, establishing a framework suited to organizational context, and enhancing decision-making through a structured risk management process. Upon completion, participants can sit for the certification exam and apply for the “PECB Certified ISO 31000 Risk Manager” credential.
Key Objectives
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Provide a comprehensive understanding of risk management concepts, approaches, methods, and techniques
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Equip participants with the ability to establish a risk management framework in the context of an organization
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Enable participants to apply the ISO 31000 risk management process in practice
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Develop skills to integrate risk management into key and daily operations
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Prepare participants for the certification examination
Outcomes
Upon completion, participants will be able to:
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Explain the fundamental concepts and principles of risk management
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Establish and improve a risk management framework based on ISO 31000
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Implement a risk management process based on ISO 31000
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Understand and interpret ISO 31000 requirements in the specific context of an organization
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Apply basic approaches, methods, and practices for assessing risk in a wide range of situations
Agenda / Content
Day 1: Introduction to ISO 31000 and Establishment of the Risk Management Framework
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Training course objectives and structure
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Standards and regulatory frameworks
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Introduction to ISO 31000 concepts
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ISO 31000 principles, framework, and process
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Fundamental concepts of risk management
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Establishing the framework and defining governance
Day 2: Initiation of the Risk Management Process and Risk Assessment
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Scope, context, and risk criteria
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Risk identification
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Risk analysis
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Risk evaluation
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Risk assessment techniques
Day 3: Risk Treatment, Recording and Reporting, Monitoring and Review, Communication and Consultation
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Risk treatment
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Recording and reporting
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Monitoring and review
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Communication and consultation
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Closing of the training course
Benefits
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Globally recognized professional certification demonstrating competence in ISO 31000 risk management
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Enhanced ability to create and protect organizational value through effective risk management
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Practical skills applicable across industries and organizational contexts
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Improved decision-making capabilities through structured risk processes
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Networking with risk management professionals
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Continuing Professional Development (CPD) credits upon course completion
Key Takeaways
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Mastery of ISO 31000 risk management principles, framework, and process
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Ability to establish a tailored risk management framework for an organization
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Proficiency in risk identification, analysis, evaluation, and treatment techniques
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Knowledge of risk recording, reporting, monitoring, and review practices
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Skills in effective communication and consultation throughout the risk management process
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Certification as a PECB Certified ISO 31000 Risk Manager (upon meeting experience requirements)
Methodology
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Theory-based instruction grounded in best practices used in risk management
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Lecture sessions illustrated with practical examples
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Interactive discussions and exchange of ideas among participants
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Exercises structured to mirror the certification exam format
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Quiz structure closely aligned with the certification exam
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Open-book examination format that evaluates comprehension, application, and analytical skills
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Certification exam covering three competency domains: fundamental principles and concepts, establishment of a risk management framework, and implementation of a risk management process

