ISO 31000 Risk Management Process Lead Risk Manager

Welcome to our ISO 31000 Risk Management Process Lead Risk Manager Certification Training, your gateway to mastering risk management processes. In today's dynamic business environment, effective risk management is crucial. Let's explore why this certification is valuable, what you'll learn, and the roles and responsibilities it entails.

History of ISO 31000

The ISO 31000 standard has its roots in the increasing recognition of the need for a standardized approach to risk management. Originally published in 2009, ISO 31000:2009 provides principles and guidelines for effective risk management across various sectors and industries. The standard has since evolved to keep pace with changing business landscapes and emerging risk factors.

Why Choose ISO 31000 Risk Management Process Lead Risk Manager Certification Training

Obtaining the ISO 31000 Risk Management Process Lead Risk Manager certification is instrumental in showcasing your expertise in leading and implementing risk management processes. It enhances your professional standing, certifying your ability to develop and manage robust risk management systems, highly sought after in today's dynamic business landscape.

What You'll Learn

Our ISO 31000 Risk Management Process Lead Risk Manager course equips you with essential skills, including:

·         Establishing and leading a risk management framework according to ISO 31000 standards.

·         Identifying and assessing risks within an organization.

·         Developing risk management policies, procedures, and documentation.

·         Conducting internal audits to evaluate risk management performance.

·         Ensuring compliance with legal requirements and industry regulations.

·         Planning for business continuity and response to risk incidents.

·         Preparing for ISO 31000 certification.

Who can Attend?

·         Risk managers or consultants involved in the implementation of risk management processes.

·         Project managers, consultants, or expert advisers seeking to master the implementation of risk management systems.

·         Individuals responsible for maintaining conformity with risk management requirements within an organization.

·         Members of the risk management team.

Educational Approach

·         The training course incorporates essay-type exercises, multiple-choice quizzes, examples, and best practices used in the implementation of risk management systems.

·         Participants are encouraged to engage in discussions and communicate with each other when completing quizzes and exercises.

·         Exercises are based on a case study, and the structure of the quizzes mirrors that of the certification exam.

Prerequisites

The main requirement for participating in this training course is having a general knowledge of risk management concepts and ISO 31000.

Course agenda

• Day 1: Introduction to ISO 31000 and risk management

Day 2: Establishing the risk management framework and initiating the risk management process

Day 3: Risk analysis, risk evaluation, and risk treatment according to ISO 31000

Day 4: Recording and reporting, monitoring and review, and communication and consultation according to ISO 31000

Day 5: Certification exam

Examination

• The “PECB Certified ISO 31000 Lead Risk Manager” exam complies with the requirements of the PECB Examination and Certification Program (ECP). The exam covers the following competency domains:

Domain 1: Fundamental principles and concepts of risk management 

Domain 2: Establishing the risk management framework

Domain 3: Initiating the risk management process and assessing risks

Domain 4: Risk treatment

Domain 5: Risk recording and reporting

Domain 6: Risk monitoring and review

Domain 7: Risk communication and consultation

For specific information about exam type, languages available, and other details, please visit the List of PECB Exams and the Examination Rules and Policies.

Certification

• After successfully passing the exam, you can apply for the respective credential. You will receive the certificate once you comply with all the requirements of this certification. For more information about the certification, please refer to the Certification Rules and Policies.

The requirements for the “PECB Certified ISO 31000 Lead Risk Manager” certifications are:

To be considered a valid risk management experience, the risk management activities should follow best risk management practices and include the following:

1. Defining a risk management approach 
2. Designing and implementing an overall risk management process for an organization 
3. Defining risk evaluation criteria
4. Identifying assets, existing measures, risk sources, and consequences
5. Assessing risk consequences and incident likelihood
6. Evaluating risk levels and risk treatment options 
7. Assessing residual risk
8. Communicating the risk
9. Performing risk management review

Roles and Responsibilities of an ISO 31000 Lead Risk Manager

An ISO 31000 Lead Risk Manager plays a pivotal role in successfully implementing and maintaining a Risk Management Process. Their responsibilities include:

Risk Management Framework Establishment

·         Initiating the implementation of a risk management framework, defining scope, objectives, and desired outcomes.

·         Assembling a team for contributions, as needed.

Risk Identification and Assessment

·         Identifying and assessing risks within the organization.

·         Developing strategies to mitigate prioritized risks.

Policy and Procedure Development

·         Formulating risk management policies, procedures, and guidelines.

·         Ensuring alignment with ISO 31000 standards.

Training and Awareness

·         Raising employee awareness about risk management practices and policies.

Internal Auditing

·         Assessing risk management performance through periodic audits.

Compliance and Certification

·         Monitoring compliance with ISO 31000 standards.

·         Preparing documentation for ISO 31000 certification.

Incident Response and Continuity Planning

·         Developing and testing incident response and continuity plans.

Liaison and Communication

·         Effective communication with various stakeholders.

By fulfilling these responsibilities, an ISO 31000 Lead Risk Manager ensures effective risk management, compliance, and continuous improvement within the organization.

ISO 31000 vs. Other Risk Management Standards

COSO ERM vs. ISO 31000

COSO ERM provides a comprehensive enterprise risk management framework, while ISO 31000 is a broader international standard applicable to various organizations.

PMI Risk Management Framework vs. ISO 31000

PMI's framework focuses on project risk management, while ISO 31000 provides a more general approach applicable to organizations as a whole.

AS/NZS 4360 vs. ISO 31000

AS/NZS 4360 is an Australian and New Zealand standard for risk management, and ISO 31000 has a broader international scope.

NIST SP 800-30 vs. ISO 31000

NIST SP 800-30 is a guide for risk assessment within the U.S. federal government, while ISO 31000 is a more general international standard.

Knoige's ISO 31000 Lead Risk Manager Course

High-Quality Learning

Knoige partners with the Professional Evaluation and Certification Board (PECB), ensuring that the training aligns with industry standards and best practices, and participants receive the highest quality education.

Comprehensive Curriculum

The course covers a wide range of topics, ensuring that participants gain a deep understanding of ISO 31000 and the responsibilities of a Lead Risk Manager.

Practical Focus

Knoige's course places a strong emphasis on practical application. It incorporates real-world case studies and practical exercises, enabling participants to apply their knowledge in simulated risk management scenarios.

Duration

This course spans five days, providing an immersive learning experience that covers all aspects of ISO 31000 Risk Management Process Lead Risk Manager Certification.

Benefits of ISO 31000 Lead Risk Manager Knoige’s Course

Expertise Development

Participants gain in-depth knowledge and practical skills essential for leading risk management processes, making them proficient in evaluating and enhancing risk management practices.

Certification Preparation

The course prepares individuals for the certification exam, helping them meet the requirements to become a certified ISO 31000 Lead Risk Manager.

Versatility

The training's practical focus and comprehensive curriculum make it valuable for a diverse range of professionals, from risk managers and consultants to project managers, technical experts, and expert advisors in risk management.

Contributing to Effective Risk Management

Graduates of this course play a vital role in enhancing organizations' risk management practices, ensuring compliance with ISO 31000 international standards, and contributing to effective risk management.

Knoige’s Training Methodology

Our ISO 31000 Lead Risk Manager Certification Training is designed to be flexible and accessible. Participants can choose between in-person sessions, online modules, or a hybrid approach, ensuring that the training fits seamlessly into their schedule and learning preferences.

Post Training Support

We believe in continuous learning and support. After completing the course, participants gain access to a wealth of resources, including updated materials, webinars, and a community of professionals who have walked the same path. This post-training support ensures that individuals remain connected, stay informed about the latest developments in risk management, and have the resources they need for ongoing success.