"The structure, the practice exams, the instructor — all top tier. Passed first try."
Course Outline
What the programme covers, module by module.
Module 1: Fundamentals of Risk Management
- Meaning of risk
- Risk and uncertainty
- Sources of risk
- Opportunities and threats
- Risk management purpose
- Organisational applications
Module 2: Introduction to ISO 31000
- Purpose of ISO 31000
- Scope and application
- Key terminology
- Risk management guidance
- Organisational relevance
- Structured risk management
Module 3: ISO 31000 Risk Management Principles
- Integrated approach
- Structured and comprehensive approach
- Customised approach
- Inclusive risk management
- Dynamic risk management
- Continual improvement
Module 4: Risk Management Framework
- Framework purpose
- Leadership and commitment
- Integration
- Framework design
- Implementation
- Evaluation and improvement
Module 5: Leadership and Risk Governance
- Leadership responsibilities
- Risk governance
- Accountability
- Risk ownership
- Resource allocation
- Organisational risk culture
Module 6: Organisational Context
- Internal context
- External context
- Business environment
- Stakeholder expectations
- Organisational objectives
- Context analysis
Module 7: Establishing Risk Criteria
- Risk criteria
- Risk appetite concepts
- Risk tolerance
- Likelihood criteria
- Consequence criteria
- Decision thresholds
Module 8: Risk Identification
- Risk sources
- Events
- Causes
- Consequences
- Risk identification techniques
- Risk documentation
Module 9: Risk Analysis
- Likelihood assessment
- Consequence assessment
- Existing controls
- Risk levels
- Qualitative analysis
- Quantitative concepts
Module 10: Risk Evaluation
- Comparing risk against criteria
- Risk significance
- Risk prioritisation
- Acceptability
- Escalation
- Decision-making
Module 11: Risk Treatment
- Treatment objectives
- Avoiding risk
- Reducing risk
- Sharing risk
- Accepting risk
- Selecting treatment options
Module 12: Risk Controls
- Preventive controls
- Detective controls
- Corrective controls
- Control effectiveness
- Control ownership
- Residual risk
Module 13: Risk Registers and Documentation
- Risk register structure
- Risk descriptions
- Risk ownership
- Risk ratings
- Treatment actions
- Maintaining risk information
Module 14: Communication and Consultation
- Stakeholder communication
- Consultation
- Risk information
- Internal communication
- External communication
- Supporting informed decisions
Module 15: Monitoring, Review and Reporting
- Risk monitoring
- Control monitoring
- Risk reviews
- Key risk indicators
- Risk reporting
- Changes in risk exposure
Module 16: Continual Improvement of Risk Management
- Reviewing effectiveness
- Lessons learned
- Emerging risks
- Framework improvement
- Risk culture development
- Continuous enhancement
Who it's for & what's included
Pick a delivery method to see exactly who it suits and everything you receive.
Classroom
Best for learners who want face-to-face tuition and to network with peers in person.
Everything you get
- ✓ Live instructor on-site
- ✓ Printed workbook & materials
- ✓ Group exercises & case studies
Online Instructor-Led
Best for learners who want a live instructor and a fixed schedule, without the travel.
Everything you get
- ✓ Live instructor via video call
- ✓ Digital workbook & resources
- ✓ Session recordings
Self-Paced
Best for self-motivated learners who need maximum flexibility around work and life.
Everything you get
- ✓ On-demand video lessons
- ✓ Interactive quizzes
- ✓ 24/7 access on any device
Course Overview
This foundation course provides a structured understanding of risk management based on ISO 31000 principles and guidance. Participants will explore risk governance, organisational context, risk identification, analysis, evaluation, treatment, controls, communication, monitoring, reporting, and continual improvement to support effective risk-based decision-making across organisational activities.