iso 31000 training online

iso 31000 training online- This training course enables individuals to comprehend fundamental concepts about Risk Management and understand the importance and benefits that can be obtained by this standard. Those who should attend are individuals who are interested in understanding the processes and strategies of Risk Management.

Being ISO 31000 certified means that you are protecting your organization from potential risks that could endanger the operational efficiency, governance, and stakeholders’ confidence. The ISO 31000 training course will provide support and allow you to identify opportunities, threats and risks. It will help strengthen and achieve the strategic objectives of your organization by establishing a risk-based system of values.

Benefits of ISO 31000 Risk Management

The implementation of ISO 31000 improves operational efficiency, governance, and stakeholder confidence in your organization, while minimizing losses and enhancing risk analysis and risk assessment capacities. It helps integrate a risk-based decision-making in the culture of your organization.

Moreover, the integration of the ISO 31000 framework within an organization ensures the consistency and the effectiveness of management across all its areas such as IT, HR, compliance, quality, health and safety, business continuity, etc.

It is important to mention that the ISO 31000 guidelines are applicable to any activity of an organization, and can be customized by any organization and its context. 

Certified ISO 31000 individuals involved in risk management process of an organization will enable the organization to:

  • Gain competitive advantage – enhanced risk management will support achieving goals and objectives
  • Reduce costs through proper risk management
  • Respond to change effectively and find viable solutions
  • Create and protect value
  • Increase the likelihood of achieving objectives
  • Productively identify the opportunities and threats
  • Identify and mitigate the risk throughout the organization
  • Gain stakeholder confidence and trust
  • Create a consistent basis for decision making and planning

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.

Who should attend?

  • Managers 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
Course Outline

Day 1

Introduction to Risk Management and ISO 31000

  • Introduction and a brief history of Risk Management
  • Presentation of the Risk Management standards
  • Overview of the fundamental principles of Risk Management
  • Risk Management model
  • Assigning roles and accountabilities Establishing the Risk Management Project Team and drafting the Project Plan

Risk Management Strategy and Acquisition

  • Strategic alignment of risk related objectives with enterprise objectives
  • Meeting stakeholder needs through benefits realization, risk optimization, and resource optimization
  • Formulating a Risk Management strategy
  • Effectively managing changes in business strategy which are due to the dynamic nature of a business environment
  • Establishing a Risk Management strategy committee with the focus on offering advice on value, risk, and performance

Day 2

Acquisition – Balancing benefits opportunities, costs, and risks

  • Preparing an acquisition and procurement process
  • Calculation of benefits using financially oriented and non-financially oriented cost-benefit techniques
  • Drafting and implementing cost optimization strategies

Introduction to Risk Management concepts as required by ISO 31000 guidelines

  • Implementation of a Risk Management process
  • Continuous improvement through frameworks
  • Interoperability of diverse systems and organizations
  • Risk management: identification, analysis and treatment of risk

Day 3

Resource Management, Conformance, and Human Behaviour

  • Establishing an effective Human Resource Management
  • Drafting and incorporating HR strategies
  • Contract Management, Relationship Management, and Asset Management through SLAs and OLAs
  • Management and governance of data
  • Record and monitor risk resource utilization and availability
  • Outsourcing practices: Onsite, Offsite, and Offshore
  • Measure continuous performance of service delivery
  • Governance of conformance to legal requirements and other standards
  • Governance of human behaviour and management of organizational and cultural change
Course Fee: N180,000   Duration
  3 (three) days
  Methodology
  Lectures Discussions Individual and group exercises Case studies Activities Post- Course Assessments Pre-Course Assessments Games and educational competitions Professional videos & Audio presentations