Mastering the Implementation and Management of Risk based on ISO 31000

Knowledge on Risk Management is preferred.
Educational approach
This training is based on both, theory and practice:
- Sessions of lectures illustrated with examples based on real cases
- Practical exercises
- Review exercises to assist the exam preparation
- Practice test similar to the certification exam

Examination and Certification
The “PECB Certified ISO 31000 Lead Risk Manager” exam fully meets the requirements of the PECB Examination and Certification Program (ECP). The exam covers the following competence domains:
- Domain 1: Risk Management Principles 
- Domain 2: Evaluate-Direct-Monitor Model of ISO 31000
- Domain 3: Guidance for Risk Management
- Domain 4: Evaluate the need and applicability of each principle
- Domain 5: Direct the adherence to each principle
- Domain 6: Monitor all or key activities related to all the principles
The “PECB Certified ISO 31000 Lead Risk Manager” exam is available in different languages (the complete list of languages can be found in the examination application form)
Duration: 3 hours
For more information about the exam, refer to PECB section on ISO 31000 Lead Risk Manager Exam
After successfully completing the exam, participants can apply for the credentials of PECB Certified ISO 31000 Lead Risk Manager, depending on their level of experience
A certificate will be issued to the participants who successfully pass the exam and comply with all the other requirements related to the selected credential
For more information about ISO 31000 certifications and PECB certification process, refer to the PECB section on ISO  31000 Lead Risk Manager

General information
Exam and certification fees are included in the training price
A student manual containing over 500 pages of information and practical examples will be distributed to the participants
A participation certificate of 31 CPD (Continuing Professional Development) credits will be issued to the participants
In case of failure of an exam, the participants are allowed to retake the exam for free under certain conditions
ISO 31000
ISO 31000 Introduction
ISO 31000 Foundation
ISO 31000 Risk Manager
ISO 31000 Lead Risk Manager

This five-day intensive course enables participants to develop the necessary expertise and knowledge to support an organization in implementing and managing Risk as specified in ISO 31000. Participants will also gain a thorough understanding of best practices used to appropriately Risk Management across all the principles of ISO 31000. This training is also fully compatible with IEC/ISO 31010 which supports ISO 31000 by providing guidance for risk assessment..
Who should attend?
Risk managers or consultants wanting to prepare and to support an organization In the implementation of ISO 31000
ISO  31000 auditors who wish to fully understand the Risk Management implementation process
CxO and Senior Managers responsible for the Risk Management of an enterprise
Business Process Owners
Business Finance Managers
Regulatory Compliance Managers
Project Management
Persons responsible for information security or conformity within an organization
Learning objectives
To understand the implementation of Risk Management by adhering to the framework and principles of ISO 31000
To gain a comprehensive understanding of the concepts, approaches, standards, methods and techniques required for the effective management of risk in an organization
To understand the relationship between the components of a Risk Management process, including responsibility, strategy, acquisition, performance, conformance, and human behavior
Preparing an acquisition and procurement process
Calculation of benefits using financially oriented and non-financially oriented cost-benefit techniques
Drafting and implementing cost optimization strategies
Course Agenda
Day 1: Introduction to Risk Management and ISO 31000
Introduction and a brief history of Risk Management
Presentation of the Risk Management standards
Overview of the fundamental principles of Risk Management
Risk Management model
Assigning roles and accountabilities
Establishing the Risk Management Project Team and drafting the Project Plan
Day 2: Risk Management Strategy and Acquisition
Strategic alignment of risk related objectives with enterprise objectives
Meeting stakeholder needs through benefits realization, risk optimization, and resource optimization
Formulating a Risk Management strategy
Effectively managing changes in business strategy which are due to the dynamic nature of a business environment
Establishing a Risk Management strategy committee with the focus on offering advice on value, risk, and performance
Acquisition – Balancing benefits opportunities, costs, and risks
Preparing an acquisition and procurement process
Calculation of benefits using financially oriented and non-financially oriented cost-benefit techniques
Drafting and implementing cost optimization strategies
Day 3: Introduction to Risk Management concepts as required by ISO 31000
Implementation of a Risk Management process
Continuous improvement through frameworks
Interoperability of diverse systems and organizations
Risk management: identification, analysis and treatment of risk (drawing on guidance from ISO/IEC 31000)
Day 4: Resource Management, Conformance, and Human Behaviour
Establishing an effective Human Resource Management
Drafting and incorporating HR strategies
Contract Management, Relationship Management, and Asset Management through SLAs and OLAs
Management and governance of data
Record and monitor risk resource utilization and availability
Outsourcing practices: Onsite, Offsite, and Offshore
Measure continuous performance of service delivery
Governance of conformance to legal requirements and other standards
Governance of human behavior and management of organizational and cultural change
Day 5: Certification Exam