Course Aim

Provide a typical framework for effectively implementing risk management principles and guidelines based on ISO 31000:2018.

Course Description

All organizations face uncertainty in meeting their objectives. As a proven methodology, risk management is a systematic framework and process for maximizing those areas where outcomes can be controlled while minimizing those that cannot be predicted and over which control cannot be exercised.

Gain the required skills to conduct a base-line review of your organization’s current position and implement the key principles of ISO 31000:2018. Using a step-by-step approach, you’ll learn how to develop an implementation plan, create necessary documentation, develop your risk management process, and achieve continual improvement.

How will I benefit?

This course will help you:

• 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

What will I learn?

Upon completion of this training, you will:

Have the knowledge to:

• Recognize a risk management framework for implementing ISO 31000:2018 guidelines
• Interpret the relationships of principles, framework and risk process, based on the guidelines of ISO 31000:2018 (from an implementation perspective)

Have the skills to:

• Conduct a baseline review of an organization’s current position with regard to ISO 31000:2018
• Implement a risk management framework, and risk management process, aligned with principles for managing risk based on ISO 31000:2018 guidelines

Who should attend?

This course is intended for managers and prospective implementers of risk management, and for stakeholders in such efforts.

What will I gain?

On completion, you’ll be awarded an internationally recognized BSI Training Academy certificate.

Prerequisites

This course requires understanding of the rationale and structure of ISO 31000:2018; such as that provided by BSI’s Risk Management Introduction Training Course. An introduction to the guidelines of the Standard will therefore not be covered. Please refer to our Risk Management Introduction course.

Course Materials

Soft Copy: You will receive an email prior to the course with instructions on how to access the online Student Handbook, which can be viewed, downloaded or printed.

NOTE: Copies of the standards are not included in the class fee.

BSI will make reasonable efforts to have loaner copies available for use during the class, but students are encouraged to have their own copy. Soft copies of the digital loaner standard cannot be printed or downloaded.

Course Logistics

If your class is Live Online:

• Students need to connect to the class from any internet accessible location.
• Webcam and Microphone are REQUIRED.
• ALL course times shown are US EASTERN TIME.

If your class is In-person :

• You are encouraged to bring a laptop with you to class.
• Please bring a picture ID such as a driver's license, passport, or work badge to class for verification purposes.

*Session lengths could vary depending on amount of class discussion.

Full Day Classes - (Live Online and In-person) There are 4 eight hour sessions*, one per day. There are online exams at the end of each competency unit, which are in sessions 2, 3, and 4. Exams range from is 90-120 minutes. Detailed exam instructions will be provided. Certificates of Attainment in each competency unit will be provided for students who are deemed "Competent" for each. Certificates of Attendance are provided to those who do not pass the competency exam(s), and students will be given the opportunity to retake the test(s).

Half Day Classes - (Live Online) There are 8 four hour sessions*, one per day. There are online exams at the end of each competency unit, which are in sessions 4, 6, and 8. Exams range from is 90-120 minutes. Detailed exam instructions will be provided. Certificates of Attainment in each competency unit will be provided for students who are deemed "Competent" for each. Certificates of Attendance are provided to those who do not pass the competency exam(s), and students will be given the opportunity to retake the test(s).