. Furthermore, it provides guidance on the selection and application of techniques for assessing risks in a wide range of situations.
Course Objectives of Certified ISO 31000 Lead Risk Manager
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, risk communication activities and the reporting processes.
Monitor, review and improve the risk management framework and process based on outcomes of the risk management activities.
Introduction and brief history of Risk Management
Presentation of Risk Management standard
Overview of fundamental principles of Risk Management
Risk Management model
Assigning roles and accountabilities
Establishing the Risk Management Project Team and drafting the Project Plan
Strategic alignment of risk objectives with enterprise objectives
Meeting stakeholder needs through benefits realization, risk optimization, and resource optimization
Formulating of Risk Management strategy
Effectively managing changes in business strategy which are due to the dynamic nature of a business environment
Establishing Risk Management strategy committee with the focus on offering advice on value, risk, and performance
Acquisition Balancing benefits opportunities, costs, and risks
Preparing an acquisition and procurement process
Calculation of benefits using financially oriented and non-financially oriented cost-benefit techniques
Drafting and implementing cost optimization strategies
Implementation of Risk Management process
Continuous improvement through frameworks
Interoperability of diverse systems and organizations
Risk management identification, analysis and treatment of risk
Implementation of Risk Management process
Continuous improvement through frameworks
Interoperability of diverse systems and organizations
Risk management identification, analysis and treatment of risk
Recording and reporting
Monitoring and review
Communication and consultation
Closing of the training course
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