MRM-101 Understanding the Requirements of ISO 31000:2018 Risk Management
Overview
Course Objectives
Course Contents
For Whom
Schedule and Hours
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There is no opportunity in life or business that does not come with risk – the question, therefore, is how much risk are you willing to bear? How can you predict and describe the transformation of your organization’s complex risk habitat? What strategies can you use to steer your company towards sustainable development? What institutional and organizational preconditions need to be in place for effective implementation of these strategies?
Risk is the effect of uncertainty on the achievement of objectives, and Risk Management is for those who want to understand the uncertainty involved in achieving their objectives and who want to manage their risks so as to ensure a successful outcome.
Risk Management covers risks both operational and strategic in nature, with a special focus on their interaction and development over time.
Risk Management is a tool for companies of any business sector that would like to use their management system to identify and analyze risks at an early stage, in order to make them controllable. The implementation of Risk Management increases both the awareness of risk and of opportunity, and their proactive approach helps to ensure positive business development in the future. Thus the management of risk is woven into the organizational fabric and culture across the organization
This 2-day course aims to provide participants with an in-depth understanding of ISO 31000:2018 and equip them with the knowledge and skills necessary to effectively implement risk management practices in their respective organizations.
Participants will learn about the key elements, principles, and guidelines outlined in ISO 31000, explore its application across various sectors, develop risk governance processes, and understand the benefits of aligning with this international standard.
Day 1
Session 1: Introduction to ISO 31000
Session 2: ISO 31000 Application in Different Contexts
Session 3: Risk Governance Process
Session 4: Principles and Guidelines of Risk Management
Day 2
Session 5: Implementing Risk Management Framework
Session 6: Governance and Leadership in Risk Management
Session 7: Benefits of Implementing ISO 31000:2018
This course is designed for professionals involved in risk management, compliance officers, quality managers, project managers, and individuals responsible for organizational governance across various sectors and industries.
This is a 2-days programme. This course runs from 9:00am – 5:00pm with an hour for lunch and periodic short breaks.
This is an intensive session designed to include as much discussion as possible. Lunch and breaks provide an opportunity for further questioning and discussion with the instructors.
We are HRD Corp (Human Resource Development Corporation) Registered Training Provider. All of our training modules are claimable under HRD Corp.