ISO 31000 ERM FUNDAMENTALS TRAINING & CERTIFICATION
Equip Your Organization with a Robust Risk Management Framework Based on ISO 31000 Standards.
Course Schedule
| Venue (InHouse) | Fees |
|---|---|
| At Your Organization Premises | Ask For The Quotation |
Course Introduction
This foundational course provides a comprehensive understanding of Enterprise Risk Management (ERM) based on the globally recognized ISO 31000 standard. Participants will explore principles, framework, and process models essential to designing, implementing, and maintaining an effective risk management system across any sector. The training demystifies risk terminology and aligns it with real-world applications, helping organizations proactively manage uncertainty and improve decision-making.
Course Objectives
By the end of this course, participants will be able to:
- Understand the purpose, scope, and structure of ISO 31000
- Identify and assess different types of risks (strategic, operational, financial, etc.)
- Apply the ISO 31000 risk management framework and processes
- Develop risk criteria and establish context
- Perform risk identification, analysis, evaluation, and treatment
- Integrate ERM into organizational processes, culture, and decision-making
Key Benefits of Attending
This course is essential for professionals and organizations seeking to implement or enhance their risk management approach using an internationally recognized standard. It also prepares you for more advanced ERM certifications and risk leadership roles.
Intended Audience
- Risk Managers and Officers
- Compliance and Internal Audit Professionals
- Strategic Planners and Project Managers
- Senior Managers and Department Heads
- Quality and HSE Professionals
- Consultants and Governance Specialists
Individual Benefits
- Gain foundational knowledge in risk governance and ISO 31000
- Learn how to design and evaluate risk frameworks
- Build credibility for ERM-related roles and responsibilities
- Improve confidence in managing uncertainty and strategic decisions
Organization Benefits
- Improve strategic resilience and risk-informed decision-making
- Ensure compliance with corporate governance and regulatory expectations
- Strengthen risk culture across departments and teams
- Reduce losses, disruptions, and reputational damage
Instructional Methdology
- Instructor-led sessions with international case studies
- ISO 31000 framework breakdowns and templates
- Group discussions and risk scenario simulations
- Risk mapping exercises and risk register development
- Practice assessments and certification preparation
Course Outline
DETAILED 5-DAY COURSE OUTLINE (Customizable)
Training Hours: 07:30 AM – 03:30 PM
Daily Format: 3–4 Modules | Coffee breaks: 09:30 & 11:15 | Lunch Buffet: 01:00 – 02:00
DAY 1 – INTRODUCTION TO ENTERPRISE RISK MANAGEMENT & ISO 31000
- Module 1: Introduction to Risk Management and ISO 31000 Standard (07:30 – 09:30)
- Module 2: Risk Principles and Risk Management Culture (09:45 – 11:15)
- Module 3: ISO 31000:2018 – Key Changes and Overview of Framework (11:30 – 01:00)
- Module 4: Organizational Context and Stakeholder Expectations (02:00 – 03:30)
DAY 2 – FRAMEWORK & INTEGRATION
- Module 1: Establishing Risk Management Framework (07:30 – 09:30)
- Module 2: Roles, Responsibilities, and Governance Structures (09:45 – 11:15)
- Module 3: Integrating Risk Management into Strategic & Operational Planning (11:30 – 01:00)
- Module 4: Developing a Risk-Aware Culture (02:00 – 03:30)
DAY 3 – RISK MANAGEMENT PROCESS: PART I
- Module 1: Establishing the Risk Context – Internal & External Factors (07:30 – 09:30)
- Module 2: Risk Identification – Tools & Techniques (Brainstorming, SWOT, PESTLE) (09:45 – 11:15)
- Module 3: Risk Analysis – Likelihood, Impact, and Risk Matrices (11:30 – 01:00)
- Module 4: Qualitative vs. Quantitative Risk Analysis (02:00 – 03:30)
DAY 4 – RISK MANAGEMENT PROCESS: PART II
- Module 1: Risk Evaluation – Prioritizing and Ranking Risks (07:30 – 09:30)
- Module 2: Risk Treatment Options and Action Planning (09:45 – 11:15)
- Module 3: Monitoring, Review, and Continuous Improvement (11:30 – 01:00)
- Module 4: Documenting a Risk Register and Risk Reports (02:00 – 03:30)
DAY 5 – IMPLEMENTATION & CERTIFICATION WRAP-UP
- Module 1: Aligning ERM with ISO Standards and Best Practices (07:30 – 09:30)
- Module 2: ERM Case Studies and Benchmarking (09:45 – 11:15)
- Module 3: Group Exercise – Creating a Risk Management Framework (11:30 – 01:00)
- Module 4: Final Assessment, Feedback & Certification Ceremony (02:00 – 03:30)
Certification
Participants who attend the full course and pass the final exam will be awarded a Certificate of Completion in ISO 31000 ERM Fundamentals. This course serves as a stepping stone to advanced ISO 31000 Lead Implementer or Auditor certifications.