ISO 31000:2018 (Risk Management) Awareness Training (PowerPoint PPTX)

ISO 31000:2018 is an international standard designed and formulated to help organizations implement a robust Risk Management System.

Risks can include anything that generates uncertainty related to an organization's objectives or creates a deviation from the expected. This involves not only threats to the strength or viability of the organization, but also opportunities to be gained. Reputation, political changes and climate change impacts are examples of what needs to be considered when managing risk effectively.

Based on the Allianz Risk Barometer survey in 2021, risks such as business interruption, pandemic outbreak, market developments, macroeconomic developments and political risks and violence have increased since 2019.

The ISO 31000 standard helps organizations develop a risk management strategy to effectively identify and mitigate risks, thereby enhancing the likelihood of achieving their objectives and increasing the protection of their assets. Its overarching goal is to develop a risk management culture where employees and stakeholders are aware of the importance of monitoring and managing risk.

In ISO 31000, "risk" is defined as the effect of uncertainty on your objectives. An organization faces risk every day. As a company, it has to take risks to pursue commercial objectives. It is therefore important to raise awareness that we all have to manage risk as part of our working lives as well as personal.

The ISO 31000 standard consists of three pillars: Principles, Framework and Process.
•  Principles – Required elements of an effective and efficient risk management
•  Framework – Assists in integrating risk management into the activities and functions of the organization
•  Process – Integral part of management, structure, operations and processes (activities) of the organization

This ISO 31000 (Risk Management) awareness PPT training presentation can be used to brief your employees, stakeholders and project teams so as to create awareness of risk management best practices. The process can also serve as a useful outline to help you create a risk management plan.

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NOTE: This training package includes:
1. ISO 31000:2018 (Risk Management) Awareness PPT training presentation (PowerPoint format)
2. Risk Register template (Excel format)
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LEARNING OBJECTIVES

1. Understand the concept of risk as the uncertainty on objectives.
2. Understand risk management principles, framework and process in the context of a Risk Management System.
3. Appreciate the value of ISO 31000 as the benchmark for best practice in managing risk.

CONTENTS

1. Introduction & Key Concepts of ISO 31000
•  About ISO
•  What are standards?
•  What standards are not
•  Why are standards important?
•  What is ISO 31000?
•  The ISO 31000 family
•  Scope of ISO 31000
•  Key focus of ISO 31000
•  Objectives of ISO 31000
•  What is "risk"?
•  Examples of risk
•  Definition of risk
•  Why do we need to be aware of risk?
•  What do we know about risk management?
•  You manage risks when you...
•  Definition of risk management
•  Benefits of adopting ISO 31000 standard
•  Why was ISO 31000 revised?
•  What are the main differences?
•  How do I apply ISO 31000?
•  How do I get started?

2. The Three Pillars of ISO 31000
•  The three pillars of ISO 31000
•  Risk management principles
•  Risk management framework
•  Components of the risk management framework
•  Risk management process
•  Risk assessment
•  Risk identification
•  Risk analysis
•  Risk evaluation
•  Risk treatment
•  ISO 31000 key clause structure (4-6)
•  ISO 31000 and project management
•  Your risk management checklist