ISO 31000 Risk Management | Certified Risk Manager Massachusetts

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ISO 31000 Risk Management is a Certified Risk Management course by Infosavvy. Identifying risks in a business is a crucial step which shouldn?t be avoided. Further mitigating these risks is directly linked to success of the business. By improving the bottom line you can avoid the negative financial and legal impact on a business.

A certified Risk Manger will be able to identify, evaluate, and react to opportunities and threats. Programs objective is to make risk manager understand the approaches, methods and techniques allowing an effective risk management according to ISO31000.

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ISO 31000 is a risk management standard designed to help large and small public and private organisations to effectively manage the risks associated with their operations. Effective risk management strategies can be appplied to risks with both potentially positive and negative impacts on the business.

By understanding the opportunities and challenges presented by risks, you can improve your bottom line and avoid negative financial and legal impact on your business.

In this two ? day intensive course, participants develop the competence to master a model for implementing risk management processes throughout their organisation using the ISO 31000:2009 standard as a reference framework. Based on practical exercises and discussions, participants acquire the necessary knowledge and skills to perform an optimal risk assessment and manage risks in time by being familiar with their life cycle. During this training, the ISO 31000 general risk management standard, the process model it recommends, and how companies may use the standard, and its companion risk assessment tools document ISO 31010 are presented.

Learning objective:

  • To understand the concepts, approaches, methods and techniques allowing an effective risk management according to ISO 31000
  • To understand the relationship between the risk management and the compliance with the requirements of different stakeholders of an organization
  • To acquire the competence to implement, maintain and manage an ongoing risk management program according to ISO 31000
  • To acquire the competence to effectively advise organisations on the best practices in risk management
  • Basics of risk
    • What is a risk?
    • Types of risk
    • Understanding risk scenarios
    • Differentiation of types of risks
  • Introduction, risk management program, risk identification and assessment according to ISO 31000
    • concepts and definitions related to risk management
    • Risk management standards, frameworks and methodologies
    • Implementation of a risk management program
    • Understanding an organisation and its context
    • Risk identification and risk analysis
  • Risk evaluation, treatment, acceptance, communication and surveillance according to ISO 31000 and ISO 31010
    • Risk evaluation and risk treatment
    • Acceptance of information security risks and management of residual risks
    • Risk communication
    • Risk monitoring and review
    • Risk assessment tools recommended in ISO 31010

You will learn the risk management principles and guidelines of ISO 31000, to enable you to

  • Identify, evaluate and react to opportunities and threats
  • Improve your operational efficiency through proactive risk management
  • Improve loss prevention
  • Apply an increased understanding of health, safety and environmental regulations
  • Improve the resilience of your operation when faced with challenges of any kind.
  • Risk Managers
  • Executive level stakeholders
  • Business finance managers
  • Business process owners
  • Business Risk managers
  • Information Security Team
  • Compliance Officers & Legal Professionals
  • Project, Change Managers & HR Managers

Exam Format:

  • Multiple-choice examination consisting of 40 questions.
  • A pass is achieved by answering 70% of the questions correctly (28 out of 40 marks)
  • Duration of exam: 60 minutes.
  • Mode: Electronic and pen paper based
  • Use of ISO 31000 standard is permitted.
  • Each question is of one mark

Certification:

  • Certificate of “Certified ISO 31000 Risk Manager” will be issued to participants who successfully pass the exam and comply with all the other requirements related to this credential.

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Overview

ISO 31000 Risk Management | Certified Risk Manager

ISO 31000 is a risk management standard designed to help large and small public and private organisations to effectively manage the risks associated with their operations. Effective risk management strategies can be applied to risks with both potentially positive and negative impacts on the business.

By understanding the opportunities and challenges presented by risks, you can improve your bottom line and avoid negative financial and legal impact on your business.

In this two ? day intensive course, participants develop the competence to master a model for implementing risk management processes throughout their organisation using the ISO 31000:2009 standard as a reference framework. Based on practical exercises and discussions, participants acquire the necessary knowledge and skills to perform an optimal risk assessment and manage risks in time by being familiar with their life cycle. During this training, the ISO 31000 general risk management standard, the process model it recommends, and how companies may use the standard, and its companion risk assessment tools document ISO 31010 are presented.

Learning objective:

ISO 31000 Certified Risk Manager (Risk Management)

  • To understand the concepts, approaches, methods and techniques allowing an effective risk management according to ISO 31000
  • To understand the relationship between the risk management and the compliance with the requirements of different stakeholders of an organization
  • To acquire the competence to implement, maintain and manage an ongoing risk management program according to ISO 31000
  • To acquire the competence to effectively advise organisations on the best practices in risk management

Course Outline

ISO 31000 Risk Management | Certified Risk Manager

  • Basics of risk
    • What is a risk?
    • Types of risk
    • Understanding risk scenarios
    • Differentiation of types of risks
  • Introduction, risk management program, risk identification and assessment according to ISO 31000
    • concepts and definitions related to risk management
    • Risk management standards, frameworks and methodologies
    • Implementation of a risk management program
    • Understanding an organisation and its context
    • Risk identification and risk analysis
  • Risk evaluation, treatment, acceptance, communication and surveillance according to ISO 31000 and ISO 31010
    • Risk evaluation and risk treatment
    • Acceptance of information security risks and management of residual risks
    • Risk communication
    • Risk monitoring and review
    • Risk assessment tools recommended in ISO 31010

Benefit

ISO 31000 Risk Management | Certified Risk Manager

You will learn the risk management principles and guidelines of ISO 31000, to enable you to

  • Identify, evaluate and react to opportunities and threats
  • Improve your operational efficiency through proactive risk management
  • Improve loss prevention
  • Apply an increased understanding of health, safety and environmental regulations
  • Improve the resilience of your operation when faced with challenges of any kind.

Who Should Attend

ISO 31000 Certified Risk Manager (Risk Management)

  • Risk Managers
  • Executive level stakeholders
  • Business finance managers
  • Business process owners
  • Business Risk managers
  • Information Security Team
  • Compliance Officers & Legal Professionals
  • Project, Change Managers & HR Managers

Exam Information

ISO 31000 Certified Risk Manager (Risk Management)

Exam Format:

  • Multiple-choice examination consisting of 40 questions.
  • A pass is achieved by answering 70% of the questions correctly (28 out of 40 marks)
  • Duration of exam: 60 minutes.
  • Mode: Electronic and pen paper based
  • Use of ISO 31000 standard is permitted.
  • Each question is of one mark

Certification:

  • Certificate of “Certified ISO 31000 Risk Manager” will be issued to participants who successfully pass the exam and comply with all the other requirements related to this credential.

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