Implementation ISO 31000

Brief course description...

BSI’s Implementing ISO 31000 course provides participants the understanding of risk management concepts with practical tools and methods of implementing risk management. This implementation course is based on industry best practice of risk management as elaborated in ISO 31000: 2009.

This Practical course has been designed to help industry in institutionalizing risk management practices within their organization. Students will return to their organizations with the knowledge of how to implement the principles and guidelines of risk management system based on ISO 31000:2009.

Learning objectives

Upon completion of this course, students should be able to:
• Articulate the principles of risk management outlined in ISO 31000:2009
• Interpret and describe the framework of risk management based on the 11 principles
• Implement a risk management system
• Understand the mechanism to conduct risk identification, risk analysis, risk evaluation and risk treatment

Benefits of the ISO 31001 implementation course?

• Improve operational effectiveness and efficiency
• Minimize losses
• Improve governance
• Improve controls
• Improve stakeholder confidence and trust
• Establish a reliable basis for decision making and planning
• Encourage proactive management
• Improve the identification of opportunities and threats
• Enhanced health and safety performance, as well as environmental protection
• Improve organizational learning
• Improve organizational resilience

Prerequisite

Understanding of business in its entirety and having experience of business risks. Prior knowledge of management systems would be beneficial.