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  • Demonstrate awareness of risk management principles and other underlying concepts of risk
  • Demonstrate the competencies to establish a risk management framework that is tailored to the needs and context of an organization
  • Show capability to apply the risk management process based on the recommendations of ISO 31000
  • Show awareness of the importance of integrating risk management into significant activities and functions of an organization
  • Have a more successful career in risk management
  • Distinguish yourself from other risk management professionals

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.

What is ISO 31000?

ISO 31000 is an international standard that provides guidelines on managing any type of risk in any business activity. The standard provides guidelines on principles, risk management framework, and application of the risk management process.

ISO 31000 applies to organizations of all sizes seeking to integrate risk management into business functions. It covers the risk management principles which are the foundation for managing risk, and guides organizations in developing a risk management framework by:

  • Integrating risk management into organizational structures

  • Designing a framework for managing risk that fits the organization’s context

  • Implementing the risk management framework

  • Evaluating the effectiveness and continually improving the suitability and adequacy of the risk management framework

  • Demonstrating leadership and commitment (top management)

ISO 31000 considers the risk management process integral to overall management and decision-making. The risk management process can be applied on a strategic level and organization-wide, but it can also be applied to projects, products, and processes. ISO 31000 provides guidelines on risk communication and consultation, defining the scope, context, and criteria, risk assessment, risk treatment, monitoring and review, and lastly, recording and reporting of risks

  • No prerequisite requirement
  • Risk Managers and Practitioners
  • Executives and Decision-Makers
  • Project Managers
  • Compliance and Governance Professionals
  • Quality Managers
  • Internal and External Auditors
  • Financial Professionals
  • Risk Management Students
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  • Section 1 : course overview 2 Lectures 00:00:00

    • Lecture 1 :
    • Lecture 2 :
    • Tips to Improve Your Course Taking Experience
  • Section 2 : Introduction to ISO 6 Lectures 00:00:00

    • Lecture 1 :
    • Introduction to ISO
    • Lecture 2 :
    • Why Are ISO Standards Important?
    • Lecture 3 :
    • Drafting ISO standards
    • Lecture 4 :
    • Overview of ISO certification process
    • Lecture 5 :
    • ISO 31000 ERM Framework Overview
    • Lecture 6 :
    • Challenges and Best Practices in Applying ISO 31000
  • Section 3 : Introduction to Risk Management 6 Lectures 00:00:00

    • Lecture 1 :
    • What is the Risk?
    • Lecture 2 :
    • Risk Management
    • Lecture 3 :
    • Risk Management Process
    • Lecture 4 :
    • Risk Management Tenets and Principles
    • Lecture 5 :
    • Risk Management Fundamentals
    • Lecture 6 :
    • The Importance of Risk Management
  • Section 4 : ISO 31000 -2018 RISK Management 10 Lectures 00:00:00

    • Lecture 1 :
    • ISO 31000 -2018 RISK Management
    • Lecture 2 :
    • ISO RISK Management process
    • Lecture 3 :
    • ISO 31000 RISK Management Framework
    • Lecture 4 :
    • ISO 31000 RISK Management Principles
    • Lecture 5 :
    • Leadership and commitment
    • Lecture 6 :
    • Integration
    • Lecture 7 :
    • Design
    • Lecture 8 :
    • Implementation
    • Lecture 9 :
    • Evaluation
    • Lecture 10 :
    • Improvement
  • Section 5 : ISO 31000 -2018 Scope, context and criteria 8 Lectures 00:00:00

    • Lecture 1 :
    • Scope, context and criteria
    • Lecture 2 :
    • Establish Organization Context
    • Lecture 3 :
    • Internal and External context
    • Lecture 4 :
    • Internal and External tools
    • Lecture 5 :
    • Defining risk criteria
    • Lecture 6 :
    • Risk Appetite
    • Lecture 7 :
    • SWOT Analysis
    • Lecture 8 :
    • PESTEL Analysis
  • Section 6 : ISO 31000 -2018 Communication and Consultation 3 Lectures 00:00:00

    • Lecture 1 :
    • Communication and Consultation
    • Lecture 2 :
    • Forms of RISK Communication
    • Lecture 3 :
    • Communication plan
  • Section 7 : ISO 31000 -2018 Risk Assessment 5 Lectures 00:00:00

    • Lecture 1 :
    • Risk Assessment
    • Lecture 2 :
    • Approaches to risk assessment
    • Lecture 3 :
    • Risk Assessment Types-part1
    • Lecture 4 :
    • Risk Assessment Types-part2
    • Lecture 5 :
    • Risk Assessment selection
  • Section 8 : ISO 31000 -2018 Risk Identification 6 Lectures 00:00:00

    • Lecture 1 :
    • Risk Identification
    • Lecture 2 :
    • Risk identification criteria
    • Lecture 3 :
    • Risk Categorization
    • Lecture 4 :
    • Risk Identification Barriers
    • Lecture 5 :
    • Risk Identification Mistakes
    • Lecture 6 :
    • Identification Techniques
  • Section 9 : ISO 31000 -2018 -Risk Analysis 7 Lectures 00:00:00

    • Lecture 1 :
    • Risk Analysis
    • Lecture 2 :
    • Risk Analysis Principles
    • Lecture 3 :
    • RISK IMPACT
    • Lecture 4 :
    • RISK Likelihood
    • Lecture 5 :
    • Risk Analysis Tools
    • Lecture 6 :
    • Risk Assessment Matrix
    • Lecture 7 :
    • Risk Register
  • Section 10 : ISO 31000 -2018 Risk Evaluation 4 Lectures 00:00:00

    • Lecture 1 :
    • RISK EVALUATION
    • Lecture 2 :
    • Negative Vs Positive
    • Lecture 3 :
    • Risk Map
    • Lecture 4 :
    • Risk control
  • Section 11 : ISO 31000 -2018 Risk Treatment 12 Lectures 00:00:00

    • Lecture 1 :
    • Risk Treatment
    • Lecture 2 :
    • Risk Controls VS Risk Treatments
    • Lecture 3 :
    • Risk Acceptance response
    • Lecture 4 :
    • Risk Treat response
    • Lecture 5 :
    • Risk Transfer response
    • Lecture 6 :
    • Risk Transfer - vs Risk Shifting
    • Lecture 7 :
    • Risk Avoidance response
    • Lecture 8 :
    • RISK Escalation response
    • Lecture 9 :
    • RISK Exploit response
    • Lecture 10 :
    • RISK Enhance response
    • Lecture 11 :
    • risk share response
    • Lecture 12 :
    • Risk Treatment Plans (RTP)
  • Section 12 : ISO 31000 -2018 RISK MONITORING & REVIEW 4 Lectures 00:00:00

    • Lecture 1 :
    • Risk Monitoring & Review
    • Lecture 2 :
    • Monitoring Vs Review
    • Lecture 3 :
    • When to Review
    • Lecture 4 :
    • Risk Monitoring Tools
  • Section 13 : ISO 31000 -2018 Recording and Reporting Risk 4 Lectures 00:00:00

    • Lecture 1 :
    • Recording and Reporting Risk
    • Lecture 2 :
    • Record and Report Risks Steps
    • Lecture 3 :
    • Effective Reporting Elements
    • Lecture 4 :
    • Measuring The Effectiveness Of Risk Management Efforts
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Quality Capsule: CPHQ, ISO Lead Auditor, PHD(C) MQM, STEPPS Great courses for beginners Join me in mastering essential skills that set you apart from the ordinary. Whether you're driven by personal passions or embarking on a business venture, you'll gain a comprehensive toolkit to excel and deliver exceptional quality. Empowering Guidance Benefit from personalized mentorship provided by dedicated experts genuinely committed to your advancement. Embrace Positivity, Leave Stress Behind Learn More about Islam Abdelwahab Arid Meet Islam Arid, an accomplished leader in Quality, Health, Safety, and Environment. Backed by a Master's degree in healthcare quality, Islam is driven by a passion for standards, continuous improvement, streamlined processes, human potential, and their collective power to drive organizational growth. Collaborating closely with top-tier management and process custodians, Islam orchestrates precise Measurement and Monitoring of Processes and Individual Performance, driven by a meticulously designed framework of Key Performance Indicators rooted in a transparent Organizational and Process Strategy Map. Credentials at a Glance Holder of a Master's Degree in Healthcare Quality and Accreditation Credentialed Professional in Healthcare (CPHQ) since 2012 Accomplished ISO 45000 Lead Auditor ·Proficient ISO 9001:2015 Internal Auditor Skilled STEPPS Master Trainer Currently pursuing a Ph.D. in Enterprise Risk Management, Islam Arid's journey continues to encompass new horizons. With great anticipation, I look forward to welcoming you to our enlightening sessions!
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