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Advanced · Self-paced learning

Risk Management in Practice: ISO 31000 for Your Area

Inquiry This course is not yet bookable.

Identify risks in your area and prepare management decisions on whether to treat or accept them. Your risk register sets out causes and consequences; your treatment plan records responsibilities, resources and decisions still needed.

Build a risk register and treatment plan for your area using ISO 31000 as a reference. Describe causes and consequences, set assessment criteria and assign tasks, resources and review dates. Work with authorised organisational information or a substitute case.

In the course case, failure of a sole supplier and misdirected confidential customer data receive the same risk rating. Compare their different causes and consequences and choose suitable treatments, such as a qualified alternative supplier and an approval check. Keep the register for ongoing action tracking.

What you will work on

  • You define the scope, decision rights and data gaps of a risk register in a traceable way.
  • You prioritise risks using stated criteria and justify dependencies and assumptions.
  • You compare causes and consequences of equally rated risks and choose suitable treatments.

Who it is for

  • Risk owners in business units
  • Heads of department and business units
  • Risk management officers

Topics

  • Scope, mandate and interfaces of risk management
  • Risk criteria, assessment scales and handling data uncertainty
  • Risk register: cause, event, impact and link to objectives
  • Prioritisation, risk aggregation and dependencies
  • Treatment options, ownership, resources and effectiveness review
  • Management reporting, decision papers and escalation

Your result

Your risk register records causes, consequences and ratings for your area. The treatment plan identifies who owns each action and when it will be reviewed.

Prerequisites

A basic understanding of objectives, processes and responsibilities in your own area; access to objectives, process data and existing risk information, or willingness to use a course case. A mandate to prepare the work, not to approve budget or risk appetite, should be clear.

Format and approach

Planned: 8–10 hours of digital self-study. Criteria, annotated examples and self-checks support your draft; live discussion or coaching are outside the core format.

Planned learning time: 8–10 hours

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