ISO 31000 – Risk Management

This program blends risk theory with practical application:

1. Introduction to ISO 31000

• Principles, framework, and process of ISO 31000
  
  
• Risk vs uncertainty, threats vs opportunities
  
  
• Value creation and protection through risk management
  
  
• Integration with organizational governance
  
  

2. Establishing the Risk Context

• Internal and external context analysis
  
  
• Stakeholder identification and expectations
  
  
• Risk appetite, tolerance, and criteria
  
  
• Linking risk management to objectives
  
  

3. Risk Identification & Analysis

• Strategic, operational, financial, compliance, and HSE risks
  
  
• Risk identification techniques (workshops, checklists, data analysis)
  
  
• Qualitative and semi-quantitative risk analysis
  
  
• Likelihood, consequence, and risk rating methods