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BENEFITS OF DOCUMENT

Provides the principles and framework to support your organization's risk management strategy.
Provides a holistic approach to risk management for your organization, programs, projects and process improvement.
Provides a tool to create awareness on the importance of identifying, monitoring and managing risk.

DOCUMENT DESCRIPTION

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

This 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 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

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Source: ISO 31000:2018 (Risk Management) Awareness Training PowerPoint document

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ISO 31000:2018 (Risk Management) Awareness Training

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This business document is categorized under the function(s):

Operations Governance, Risk, & Compliance

It applies to All Industries

File Type: PowerPoint (pptx)

File Size: 17.8 MB

Number of Slides: 61 (includes cover, transition slides)

Related Topic(s): Risk Management ISO 31000

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This product contains a supplemental XLSX document.

Terms of usage (for all documents from Operational Excellence Consulting)

Initial upload date (first version): Mar 21, 2020
Most recent version published: Apr 11, 2022

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