ISO 31000 Lead Risk Manager

Course code: 31000LR

Risk is present in every aspect of our life, from mundane everyday activities such as choosing a route to work, to complex corporate decisions such as opening a manufacturing plant in a different country. Much effort was put over the past decades to better understand risk and its nature, which led to the creation of methodologies and approaches that enable individuals and organizations to make accurate decisions based on logical reasoning. One of the most distinguished frameworks to address risk is provided by ISO 31000, an international standard that incorporates principles, proven practices, and guidelines on managing risks faced by organizations.

The ISO 31000 Lead Risk Manager training course helps participants develop their competences to support an organization create and protect 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.

Certificate and examination fees are included in the price of the training course.

1 440 EUR

1 742 EUR including VAT

The earliest date from 21.11.2022

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Course dates

Starting date: 21.11.2022

Type: Virtual

Course duration: 5 dnů

Language: cz

Price without VAT: 1 440 EUR

Register

Starting date: Individual

Type: Individual

Course duration: 5 dnů

Language: cz

Price without VAT: 1 440 EUR

Register

Starting
date
Place
Type Course
duration
Language Price without VAT
21.11.2022 Virtual 5 dnů cz 1 440 EUR Register
Individual Individual 5 dnů cz 1 440 EUR Register
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Target group

  • Risk directors, managers, officers
  • Individuals responsible for the creation and protection of value in organizations
  • Top management members who seek guidance on how risk management should be integrated at a strategic level
  • Individuals responsible for risk management processes
  • Individuals interested in risk management

Course structure

By the end of this training course, the participants will be able to:

  • Demonstrate understanding of risk management principles, as formulated in ISO 31000
  • Establish, maintain, and continually improve a risk management framework, in accordance with ISO 31000 guidelines
  • Apply the risk management process, in accordance with ISO 31000 guidelines
  • Plan risk recording and reporting processes, as well as risk communication activities
  • Monitor, review, and improve the risk management framework and process based on the outcomes of risk management activities

Education Approach

  • The training course is based on theory and best practices used in risk management.
  • Lecture sessions are illustrated with practical examples and scenarios.
  • Participants are encouraged to communicate and engage in discussions and exercises.
  • The exercises are similar in structure with the certification exam questions.

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

Prerequisites

A fundamental understanding of the risk management framework, process, and principles.

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Certification

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.

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:

Credential Exam Professional experience Risk Management experience Other requirements
PECB Certified ISO 31000 Provisional Risk Manager PECB Certified ISO 31000 Lead Risk Manager Exam or equivalent None None Signing the PECB Code of Ethics
PECB Certified ISO 31000 Risk Manager PECB Certified ISO 31000 Lead Risk Manager Exam or equivalent Two years: One year of work experience in Risk Management Risk Management activities: a total of 200 hours Signing the PECB Code of Ethics
PECB Certified ISO 31000 Lead Risk Manager PECB Certified ISO 31000 Lead Risk Manager Exam or equivalent Five years: Two years of work experience in Risk Management Risk Management activities: a total of 300 hours Signing the PECB Code of Ethics
PECB Certified ISO 31000 Senior Lead Risk Manager PECB Certified ISO 31000 Lead Risk Manager Exam or equivalent Ten years: Seven years of work experience in Risk Management Risk Management activities: a total of 1,000 hours Signing the PECB Code of Ethics

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

  • Defining a risk management approach
  • Designing and implementing an overall risk management process for an organization
  • Defining risk evaluation criteria
  • Identifying assets, existing measures, risk sources, and consequences
  • Assessing risk consequences and incident likelihood
  • Evaluating risk levels and risk treatment options
  • Assessing residual risk
  • Communicating the risk
  • Performing risk management review

General Information

  • Certification and examination fees are included in the price of the training course
  • Training course materials containing over 400 pages and practical examples will be distributed to participants.
  • An attestation of course completion of 31 CPD (Continuing Professional Development) credits will be issued to the participants who have attended the training course.

Follow-up courses

ISO 31000 Introduction cz/sk

Vendor: PECB

Area: ISO

Price from

350 EUR without VAT

ISO 31000 Foundation cz/sk

Vendor: PECB

Area: ISO

Price from

675 EUR without VAT

ISO 31000 Risk Manager cz/sk

Vendor: PECB

Area: ISO

Price from

950 EUR without VAT

ISO 31000 Transition cz/sk

Vendor: PECB

Area: ISO

Price from

675 EUR without VAT

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