ISO 31000 Lead Risk Management Training

Organisations performing in any industry in any place are constantly exposed to risks. Managing these risks based on the principles, framework, and process outlined in ISO 31000 provides a level of assurance that allows organisations to succeed and thrive in an environment of constant change. The implementation of ISO 31000 guidelines can improve operational efficiency by facilitating the integration of risk-based decision-making into governance, planning, management, reporting, policies, values, and culture of an organisation.

ISO 31000 enables organizations to proactively identify potential risks that could hinder the achievement of business objectives. It provides a clear framework to determine the significance of risks and decide which risks should be mitigated first, allowing decision-makers to take control. This proactive approach ensures that objectives are achieved before risks can affect the business and keeps all other risks under control. In addition, ISO 31000’s best practices allow organizations to develop a desired risk management culture.

A risk management approach based on guidelines of ISO 31000 clearly indicates that organisations are committed to managing risks in every part of the business. It increases public confidence among customers and other stakeholders by demonstrating the organisations’ capabilities in mitigating internal and external threats. A risk management process based on ISO 31000 will enhance an organisation’s reputation and give it a competitive advantage.

The ISO 31000 Lead Risk Manager Instructor-led training course helps participants develop their competencies to support an organization in creating and protecting value by managing risks, making decisions, and improving performance using the ISO 31000 guidelines. It provides information regarding the core elements and the effective implementation of a risk management framework, the application of the risk management process, and the actions necessary for the successful integration of these elements to meet organizational objectives. Furthermore, it provides guidance on the selection and application of techniques for assessing risks in a wide range of situations.

Upon completion of the training course, participants can sit for the exam and apply to obtain the “PECB Certified ISO 31000 Lead Risk Manager” credential. The credential demonstrates that the participant possesses the theoretical and practical knowledge and professional capabilities to support and lead risk management processes based on ISO 31000 guidelines and best practices in this field.