Course description
Training provides information regarding the core elements and the effective implementation of a risk management framework, the application of the risk management process, and the actions necessary for the successful integration of these elements to meet organizational objectives. Furthermore, it provides guidance on the selection and application of techniques for assessing risks in a wide range of situations.
Upon completion of the training course, participants can sit for the exam and apply to obtain the “PECB Certified ISO 31000 Lead Risk Manager” credential. The credential demonstrates that the participant possesses the theoretical and practical knowledge and professional capabilities to support and lead risk management processes based on ISO 31000 guidelines and best practices in this field.
- The training course is based on theory and best practices used in risk management.
- Lecture sessions are illustrated with practical examples and scenarios.
- Participants are encouraged to communicate and engage in discussions and exercises.
- The exercises are similar in structure with the certification exam questions.
Required knowledge
A fundamental understanding of the risk management framework, process, and principles.
Course content
Day 1: Introduction to ISO 31000 and risk management
Day 2: Establishing the risk management framework and initiating the risk management process
Day 3: Risk analysis, risk evaluation, and risk treatment according to ISO 31000
Day 4: Recording and reporting, monitoring and review, and communication and consultation according to ISO 31000
Certification
The “PECB Certified ISO 31000 Lead Risk Manager” exam complies with the requirements of the PECB Examination and Certification Program (ECP). The exam covers the following competency domains:
- Fundamental principles and concepts of risk management
- Establishing the risk management framework
- Initiating the risk management process and assessing risks
- Risk treatment
- Risk recording and reporting
- Risk monitoring and review
- Risk communication and consultation
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.
- Plan risk recording and reporting processes, as well as risk communication activities.
- Monitor, review, and improve the risk management framework and process based on the outcomes of risk management activities.