After many years of discussion, the International Standards Organisation (ISO) has finally produced the first international global standard for risk management - the ISO 31000:2009 Risk Management: Principles and Guidelines on Implementation.
This new standard brings together a globally accepted strategy and framework on risk management. All forms of risk, such as financial, security, safety, health and environment, are included in this new risk management standard. It also sets out a new risk management framework, including the following activities:
- Mandate of commitment for risk management
- Communication and consultation
- Establishing the risk context
- Risk assessment, where risk is identified, analysed and evaluated
- Risk treatment
- Monitoring and review
The standard also describes five levels of excellence criteria and associated measures in developing, implementing and monitoring the risk management framework.
This training session is aimed at providing delegates with the knowledge and skills to develop and successfully implement an effective risk management programme, in accordance with the new ISO 31000:2009 international risk management framework.
WHO SHOULD ATTEND?
- Individuals who have responsibilities for assessing and controlling an organisation’s risks from their business operations
- Production, process, maintenance, health, safety and environment personnel
- All personnel involved in planning and/or implementing the organisation’s risk management programme and business risk objectives
PROGRAMME OBJECTIVES
- Know the key requirements of the new ISO 31000:2009
- Understand the new ISO 31000:2009 risk management framework
- Know how to conduct gap analysis of current risk management arrangements
- Know how to identify, analyse and evaluate risks
- Understand the risk treatment control process
- Understand how to develop an integrated risk management programme
TRAINING METHODOLOGY
Delegates will learn by active participation through inspiring presentation tools and interactive techniques presented in a lively, enthusiastic and interesting style. Delegates will take part in practical risk management exercises, typical case studies and discussion forums, as related to their own organisation’s operational risks.
PROGRAMME SUMMARY
The purpose of this implementing ISO 31000:2009 training session is to provide delegates with the knowledge and skills to develop and successfully implement an effective risk management programme, is in accordance with the new ISO 31000:2009 international risk management framework. This involves using practical exercises and case studies on effective risk management techniques that supports the organisation’s business risk management strategy and objectives. This training session will also show delegates how they can plan and implement risk treatment control measures in a balanced and cost-effective way.
PROGRAMME OUTLINE
DAY 1 - ISO 31000:2009 Overview
- Overview and principles of risk management
- Scope and application of ISO 31000:2009
- Understanding key ‘Risk Terms’ and ‘Definitions’ in the new standard
- Key changes introduced by the New ISO 31000:2009 standard
- New ISO 31001:2009 Framework of managing ris
DAY 2 - ISO 31000:2009 Requirements
- Mandate and commitment for risk management
- Design framework for managing risk in accordance with ISO 31000:2009
- Understanding the organisation and its risk context
- Risk Management Policy
- Integration of risk management programme into organisational processes
DAY 3 - ISO 31000:2009 Implementing Risk Management
- Establishing management and individual accountability and resources
- Internal and external risk communications and reporting mechanisms
- Implementing the risk management framework
- Implementing the risk management process
- Monitoring and review of risk management framework
DAY 4 - ISO 31000:2009 Process for Managing Risk
- Establishing the risk context and developing the risk acceptance criteria
- Risk identification - list of causes and sources of risk
- Risk analysis - factors affecting probability and consequences
- Risk Evaluation - level of risk Vs risk acceptance criteria
- Risk treatment - selecting and implementing risk reduction measures
DAY 5 - ISO 31000:2009 Monitoring and Review
- Analysing and learning lessons from events, changes and trends
- Ensuring risk treatment controls are effective
- Identifying emerging risks
- Recording the risk management process
- Review of ISO 31000:2009 key clauses and requirements
- Key points summary of programme topics
