ISO 31000:2018 INTERNATIONAL STANDARD FOR RISK MANAGEMENT

Build Enterprise-Wide Risk Capability with ISO 31000:2018 Principles, Framework & Processes

Course Schedule

Date Venue Fees
25 – 29 Oct 2026 Doha, Qatar USD 3495 per delegate

Course Introduction

In an increasingly volatile and uncertain world, risk management is a critical discipline for sustainable success. ISO 31000:2018 offers a globally recognized framework for managing risk across all organizational levels and functions. It promotes proactive decision-making and strengthens resilience by embedding risk management into governance, strategy, operations, and culture.

This intensive 5-day training equips participants with a deep understanding of ISO 31000:2018 principles, framework, and processes. Practical tools, real-life examples, and implementation guidance help professionals apply the standard effectively across various industries.

Course Objectives

By the end of this course, participants will be able to:
• Understand the structure and purpose of ISO 31000:2018 and its application in risk management
• Establish a risk management framework aligned with organizational objectives and ISO guidelines
• Apply ISO-compliant processes for risk identification, assessment, treatment, and monitoring
• Enhance strategic planning and operational effectiveness through integrated risk practices
• Promote a strong risk culture and ensure continuous improvement of risk systems

Key Benefits of Attending

• Gain expert knowledge of ISO 31000:2018 and its global application
• Learn how to tailor the standard’s framework to your organization’s size, sector, and risk profile
• Improve the effectiveness of decision-making, project management, and business continuity
• Align risk processes with governance, compliance, and performance goals
• Prepare your organization for audits, certifications, and external scrutiny

Intended Audience

This program is designed for:
• Risk management professionals and compliance officers
• Internal auditors, corporate governance specialists, and project managers
• Senior executives, strategy leads, and quality managers
• Health, safety, and environment (HSE) professionals
• Anyone involved in implementing or improving risk practices across the enterprise

Individual Benefits

Key competencies that will be developed include:
• Implementation of ISO 31000:2018 risk principles and processes
• Conducting effective risk assessments and treatments
• Designing risk frameworks, registers, and control plans
• Facilitating risk communication and stakeholder engagement
• Promoting a culture of transparency and informed decision-making

Organization Benefits

Upon completing the training course, participants will demonstrate:
• Standardized and proactive risk practices across all departments
• Enhanced ability to anticipate, respond to, and recover from uncertainty
• Stronger alignment between risk, governance, and performance frameworks
• Reduction in compliance breaches, losses, and operational failures
• Long-term resilience and risk maturity aligned with global best practices

Instructional Methdology

The course follows a blended learning approach combining theory with practice:
• Strategy Briefings – In-depth exploration of ISO 31000:2018 structure and principles
• Case Studies – Sector-specific applications of ISO risk management frameworks
• Workshops – Risk identification, assessment, and treatment plan development
• Peer Exchange – Cross-industry insights on risk governance and implementation
• Tools – Templates for risk registers, assessment matrices, and risk communication plans

Course Outline

DETAILED 5-DAY COURSE OUTLINE

Training Hours: 7:30 AM – 3:30 PM
Daily Format: 3–4 Learning Modules | Coffee breaks: 09:30 & 11:15 | Lunch Buffet: 01:00 – 02:00

Day 1: Understanding ISO 31000:2018 and Risk Principles

  • Module 1: Introduction to Risk Management (07:30 – 09:30)
    • The importance of risk in decision-making and strategy
    • ISO 31000:2018 overview and structure
  • Module 2: Principles of Effective Risk Management (09:45 – 11:15)
    • 8 guiding principles of ISO 31000
    • Integration into business systems
  • Module 3: Risk Context and Stakeholder Engagement (11:30 – 01:00)
    • Internal and external environment assessment
    • Risk communication planning
  • Module 4: Workshop – Risk Management Diagnostic (02:00 – 03:30)
    • Evaluating current state vs. ISO expectations

Day 2: Establishing the Risk Management Framework

  • Module 1: ISO Framework Components (07:30 – 09:30)
    • Leadership, integration, structure, and accountability
  • Module 2: Customizing the Framework to Fit the Organization (09:45 – 11:15)
    • Maturity models, governance alignment, and policy creation
  • Module 3: Workshop – Designing a Risk Management Policy (11:30 – 01:00)
    • Define scope, roles, and communication protocols
  • Module 4: Peer Exchange – Organizational Risk Structures (02:00 – 03:30)
    • Sharing frameworks and governance models

Day 3: Risk Management Process – Part I

  • Module 1: Risk Identification Techniques (07:30 – 09:30)
    • Sources of risk and identification tools (SWOT, brainstorming, etc.)
  • Module 2: Risk Analysis and Evaluation (09:45 – 11:15)
    • Likelihood, impact, risk matrix, and prioritization
  • Module 3: Workshop – Risk Assessment Simulation (11:30 – 01:00)
    • Practice applying analysis and evaluation techniques
  • Module 4: Group Discussion – Defining Risk Appetite (02:00 – 03:30)
    • Linking tolerance with strategic objectives

Day 4: Risk Treatment and Controls

  • Module 1: Risk Treatment Options (07:30 – 09:30)
    • Avoid, reduce, share, accept – choosing the right path
  • Module 2: Control Design and Implementation (09:45 – 11:15)
    • Preventive, detective, and corrective controls
  • Module 3: Workshop – Control Plan Development (11:30 – 01:00)
    • Build a treatment and monitoring plan for a sample risk
  • Module 4: Case Study – Risk Failure Review (02:00 – 03:30)
    • Analyzing a real-world breakdown in risk control

Day 5: Monitoring, Review, and Continual Improvement

  • Module 1: Risk Monitoring and Reporting (07:30 – 09:30)
    • Metrics, dashboards, and communication to management
  • Module 2: Continuous Improvement of Risk Framework (09:45 – 11:15)
    • Learning loops, feedback channels, and audits
  • Module 3: Final Workshop – Risk Integration Plan (11:30 – 01:00)
    • Designing an end-to-end ISO 31000:2018 implementation roadmap
  • Module 4: Wrap-Up and Certification Review (02:00 – 03:30)
    • Participant presentations and Q&A

Certification

Participants will receive a Certificate of Completion in ISO 31000:2018 International Standard for Risk Management, validating their expertise in establishing, operating, and continuously improving risk management frameworks in line with ISO 31000:2018 standards.

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