Masterclass: ISO 31000 Risk Management Systems

Level Implementation Duration 5 days

Available to book: Virtual classroom View dates and book now

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This masterclass will provide you with the knowledge and skills to implement, maintain and improve the more technical aspects of a risk management system, achieving sustained success in performance.

Using short presentations, discussions, self-reflection and classroom activities, this masterclass will delve into deeper technical areas, requirements and concepts than would be covered in an ISO 31010:2019 Lead Implementer training course.

An expert BSI tutor will be on hand to facilitate discussions, draw insights and experiences among the class. This will bring to life the concepts for designing and maintaining a risk management system to achieve sustained success. It will enable you to maximize the applicability of your learning from the masterclass to your workplace.

The masterclass will cover the context of the organization and integration with business processes, along with the consideration of a wide variety of associated guidance and standards.

The primary purpose of risk management is the creation and protection of the value that improves performance, encourages innovation, and supports achievement of objectives.

Our ISO 31000 masterclass is designed for risk professionals and consultants seeking to further develop in their risk management journey. The selection of appropriate risk assessment techniques to meet an organization’s purpose and objectives will be explored using the guidelines provided in ISO 31000:2018 (Risk management guidance) and 31010:2019 (Risk assessment techniques).

How will I benefit?

This masterclass will help you to:

Gain an understanding of effective risk management throughout an organization, and therefore help your organization address uncertainties that may impact your organization in achieving its purpose
Gain hands on experience in establishing a framework to manage risk, that is tailored to meet industry specific requirements
Advance your level of knowledge and skills on risk assessment techniques at all stages of the risk process, based on industry best practises
Integrate risk management processes at varying levels and functions, and achieve an integrated risk framework that meets the requirements of different management systems

You’ll have the knowledge to:
- Communicate the principles when establishing a risk management framework and processes to meet your business objectives
- Recognize and use appropriate risk assessment techniques
- Plan an assessment, manage information, develop models, apply risk assessment techniques, analyse, apply results to support decisions, record and report risk assessment process and outcomes
You’ll have the skills to:
- Apply the risk principles when designing a framework and processes to manage risk
- Select techniques for eliciting views from stakeholders and experts, identify risk and determine sources, causes and drivers of risk, analyse risks and dependencies
- Integrate the framework and risk process across other management systems of an organization
This masterclass is for anyone involved in the detailed technical management and improvement of an integrated risk management framework based on guidelines from ISO 31000/ISO 31010. It is suitable for many roles including:
- Risk professionals, to gain new perspectives or who oversee the management of an integrated risk framework
- Consultants who have a desire to take their risk knowledge to an advanced level
- Anyone working within risk management or who would like to know more
Please note: If you’re more interested in the process of implementation, you will find our Implementation course more appropriate. If you’re leading an implementation team and want to learn about the requirements, process and project management aspects of the implementation of a risk management system, our Lead Implementer course is more suitable.
This training course is HRD Corp claimable programme.
On completion, you will be awarded an internationally recognized BSI Training Academy certificate.

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