Master Risk Management (ISO 31000:2018) – Guidelines Explained
Learn how organizations identify, assess, evaluate, and treat risks using ISO 31000:2018 – from risk management principles and frameworks to practical implementation and continual improvement.
2h video training
90+ pages training material
Certificate of Completion included
60 days access (Single license)
Course language: English
What you'll learn
- Understand the fundamentals of risk management
- Learn the principles and framework of ISO 31000:2018
- Understand how organizations identify and assess risks
- Learn how risk management supports decision-making
- Understand risk analysis and risk evaluation
- Learn practical risk treatment strategies
- Understand monitoring and review activities
- Learn how continual improvement strengthens risk management
Course Preview: Get a Real Insight into the Training
Description
Risk management is an essential discipline for organizations seeking to achieve their objectives, improve decision-making, and manage uncertainty effectively.
ISO 31000:2018 is the internationally recognized guideline for risk management. It provides a structured framework and set of principles that help organizations identify, assess, treat, and monitor risks across all business activities.
This course provides a structured and practical introduction to Risk Management Guidelines and the principles of ISO 31000:2018. You will learn how risk management is integrated into organizational processes and how it supports strategic and operational decision-making.
The training covers key topics such as risk identification, risk analysis, risk evaluation, risk treatment, communication and consultation, monitoring, and continual improvement.
In addition, the course explains how organizations use risk management to improve resilience, support compliance activities, and achieve business objectives more effectively.
This course is ideal for managers, engineers, project leaders, quality professionals, compliance specialists, auditors, and anyone seeking a solid foundation in risk management.
Course content
Introduction
- Course overview and objectives
- What is risk management?
- Benefits of ISO 31000:2018
Risk Management Fundamentals
- Risk concepts and terminology
- Uncertainty and objectives
- Risk-based decision-making
Principles of ISO 31000
- Creating and protecting value
- Integration into organizational processes
- Human and cultural factors
- Continual improvement
Risk Management Framework
- Leadership and commitment
- Integration into governance and management systems
- Framework design and implementation
Risk Assessment
- Risk identification
- Risk analysis
- Risk evaluation
Risk Treatment
- Selecting risk treatment options
- Implementing controls and actions
- Monitoring effectiveness
Communication and Consultation
- Stakeholder involvement
- Risk communication strategies
- Supporting informed decisions
Monitoring and Review
- Performance measurement
- Reviewing risks and controls
- Continuous monitoring
Continual Improvement
- Improving the risk management framework
- Lessons learned
- Organizational maturity
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