The course delivers specific information on topics including:

• • Planning assessment
  • Collecting information
  • Analysing data
  • Selecting risk assessment techniques
  • Applying risk assessment techniques
  • Identifying risk
  • Understanding consequences and likelihood
  • Reviewing the analysis
  • Different type of risk assessment techniques

In this 5-day training course, delegates will gain knowledge on the principles, framework, risk management process and various risk assessment techniques. Through activities and workshops, delegates will gain skills on establishing, implementing and maintaining a risk management process.

Other benefits of the course are;

• • Understand the principles, framework and process, and their relationships described in ISO 31000:2018
  • Assist your organizations in implementing a risk management framework based on the guidelines of this standard
  • Understand governance and leadership roles when managing risk at all levels
  • Provide confidence in conducting a baseline review, identify gaps, and start preparing a Gantt Chart to help your organization to align to the guidelines of ISO 31000:2018
  • Understand commonly used risk assessment techniques which are described in IEC 31010 standard.

This course is suitable for anyone involved in assessing risk; in developing guidance setting out how risk is to be assessed in specific contexts; and people who need to make decisions where there is uncertainty, including those who:

• • Commission or evaluate risk assessments
  • Need to understand the outcomes of assessments
  • Must choose assessment techniques to meet particular needs

Also suitable for;

• • Enterprise risk managers
  • Consultants
  • Those who are in charge in developing/maintaining a management system which follows Annex SL directives

Day 1:

• • Welcome and introductions
  • Course aims, objectives and structure
  • Key challenges and imperatives to manage risk
  • Who owns risk management?
  • Key terms and definitions
  • Importance and benefits of ISO 31000:2018
  • Relationship between principles, framework and process
  • Risk management principles
  • Presentation to senior management
  • Risk management framework
  • Risk management process
  • End of day 1

Day 2

• • Refresh ISO 31000:2018 guidelines
  • Implementation process and integration
  • Overall tasks and activities
  • Baseline gap analysis and task/Gantt chart
  • Create a Gantt chart
  • Designing the risk management framework
  • Determine leadership, commitment and integration
  • Understanding the context
  • Risk management policy
  • Articulating commitment, roles and responsibility
  • Determine communication and consultation approach:
  • Framework process
  • Evaluation and improvement
  • End of day 2

Day 3

• • Determine the risk management process
  • Determine communication and consultation approach: Risk
  • management process
  • Determine the scope
  • Determine the risk criteria
  • Risk identification
  • Analyse and evaluate risks
  • Determine risk treatment options
  • Create a risk treatment plan
  • Monitoring and review
  • Determine recording and reporting
  • Implementation process: Feedback to management
  • End of day 3

Day 4

• • Overview of risk assessment techniques
  • Introduction to commonly used risk assessment techniques
  • Techniques for risk identification
  • Techniques for risk analysis
  • Techniques for risk evaluation
  • Competence and evaluation
  • End of day 4

 Day 5

• • Welcome to day 5
  • Introduction/readiness to the exam
  • Exam
  • End of course

Upon successful completion of your course, you’ll receive an internationally recognized CQI and IRCA certificate