ISO 31000 Risk Management

ISO 31000 Risk Management

Principles, Framework, Risk Identification, Analysis, Evaluation, Treatment, and Integration

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Platform:
Online
In-class
Revised and Updated: 23 October 2026
Date Venue Duration
23 - 27 November 2026 Sandton, Gauteng 5 Days
18 - 22 January 2027 Sandton, Gauteng 5 Days
01 - 03 March 2027 Sandton, Gauteng 3 Days
12 - 16 April 2027 Sandton, Gauteng 5 Days
31 May - 02 June 2027 Sandton, Gauteng 3 Days

Course Introduction

This comprehensive training programme provides a thorough understanding of the ISO 31000 Risk Management standard — the framework, principles, and processes that underpin it. Attendees will gain critical insights into risk assessment, evaluation, and treatment, learning how to effectively implement risk management strategies within their organisations. Through a combination of theoretical instruction, practical exercises, group discussions, and case studies, participants will acquire the skills necessary to manage risk in line with ISO 31000 standards

Course Duration Options

This  ISO 31000 Risk Management course is available in two formats, so you can choose the depth that fits your time and needs:

3-Day Essentials Core Foundations

Foundations, risk assessment, treatment, control, communication, monitoring, and integration.

Ideal for: Those who need practical, immediate capability without an extended time commitment.

Course Objectives

Upon completion of thisISO 31000 Risk Management training, participants will be able to:
 
  • In-depth Understanding: gain a comprehensive understanding of the ISO 31000 standard and the scope of risk management processes
  • Practical Skills: learn how to effectively identify, analyse, and evaluate risks in your organisation, using ISO 31010 risk assessment techniques
  • Implementation Techniques: acquire the skills to develop and implement a tailored risk management framework for your organisation
  • Improved Decision-Making: enhance your decision-making through better risk assessment, treatment, communication, and monitoring
  • Professional Growth: equip yourself with a globally recognised standard of risk management knowledge
  • Peer Learning: benefit from the experiences of other professionals and industries through interactive sessions

Who should attend?

  • Risk Managers and Consultants
  • Compliance Officers and Professionals in Regulatory Roles
  • Business Process Owners
  • Business Finance Managers
  • Business Leaders and Executives
  • Anyone Involved in Risk Management Processes or Decision-Making
Audit, Risk and Governance courses

Training Methodology

Our diverse instructional approaches ensure effective learning:

– Lectures & Presentations: Engage with expert-driven, stimulating content.
– Course Material: Access well-crafted supporting resources.
– Group Work: Collaborate on discussions and case studies for practical insights.
– Workshops & Role-Play: Participate in immersive, scenario-based activities.
– Practical Application: Focus on applying theoretical knowledge in real situations.
– Post-Training Support: Receive extensive support after training for skill implementation.

Training Outline

3-Day Essentials — Training Outline

DAY 1 — Foundations and Risk Assessment
Session 1: Introduction to ISO 31000
  • Overview of ISO 31000:2018 — Principles and Guidelines
  • Key terms and definitions of risk
  • Establishing the context
Session 2: Risk Assessment — Identification and Analysis
  • Risk identification tools and techniques, including ISO 31010 risk assessment techniques
  • Risk analysis methodologies
  • Risk evaluation and determining risk criteria
  • Case Study: Real-world examples of risk identification and analysis.

DAY 2 — Treatment, Control, and Communication
Session 3: Risk Treatment and Control
  • Risk treatment options and developing effective treatment plans
  • Implementing risk control measures
  • Case Study: Successful risk treatment and control in industry.
Session 4: Risk Communication, Consultation, and Monitoring
  • The importance of communication and consultation in risk management
  • Developing a risk communication plan
  • Monitoring and reviewing the risk management process
  • Case Study: Challenges in risk communication and consultation.

DAY 3 — Integration and Your Action Plan
Session 5: Integrating ISO 31000 with Organisational Processes
  • Integrating risk management into organisational processes and culture
  • The role of leadership in promoting a risk-aware culture
Session 6: Close-Out — Case Study Review and Next Steps
  • Review and analysis of case studies from across the standard
  • Consolidating the three days into a practical implementation plan
  • Deciding whether the 5-Day Comprehensive programme is the right next step
  • Final Q&A and closing remarks

5-Day Comprehensive — Training Outline

Module 1: Introduction to ISO 31000
  • Overview of ISO 31000:2018 Risk Management — Principles and Guidelines
  • Understanding the key terms and definitions of risk
  • Principles of risk management
  • Establishing the context
Module 2: Risk Assessment — Identification and Analysis
  • Risk identification tools and techniques, including ISO 31010 risk assessment techniques
  • Risk analysis methodologies
  • Risk evaluation and determining risk criteria
  • Case Study: Real-world examples of risk identification and analysis.
Module 3: Risk Treatment and Control
  • Overview of risk treatment options
  • Developing effective risk treatment plans
  • Implementing risk control measures
  • Case Study: Successful risk treatment and control in industry.
Module 4: Risk Communication, Consultation, and Monitoring
  • The importance of communication and consultation in risk management
  • Developing a risk communication plan
  • Monitoring and reviewing the risk management process
  • Case Study: Challenges in risk communication and consultation.
Module 5: Integrating ISO 31000 with Organisational Processes and Case Study Review
  • Integrating risk management into organisational processes and culture
  • The role of leadership in promoting a risk-aware culture
  • Review and analysis of various case studies
  • Final Q&A and closing remarks
Throughout the course, participants will be presented with various case studies from different industries that highlight practical applications, challenges, and solutions in risk management These case studies provide real-world examples of how organisations have successfully managed risks, mitigated threats, and capitalised on opportunities, following the ISO 31000 standard. Participants will have the chance to analyse these cases, engage in problem-solving discussions, and apply the principles they have learned to hypothetical scenarios and real issues from their own professional experience.

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Success Stories

Discover how our courses enhance professionals’ effectiveness in their workplaces.

Central Bank of Lesotho

Fraud Risk Management

The Fraud Risk Management training was clear, practical, and very relevant to day-to-day work. Content was well structured and the real world case studies made concepts easy to apply. Presenter knowledge and engagement kept the session interactive. Overall a valuable program that strengthened my understanding of fraud detection, prevention, and regulatory requirements.

Central Bank of Lesotho

Fraud Risk Management

The facilitator was exceptionally good, approachable eloquent and was able to structure the course content to relate to our specific work designations, it was just perfect service delivery

Central Bank of Lesotho

Fraud Risk Management

Keep up the good work which I experienced during my training being training materials offered and great hospitality we received from all the staff members

Centenary Rural Development Group Ltd

Risk Management for Risk champions

Very informative course with good content and benchmarks of key players in South Africa. We are able to agree a plan on how to build an enterprise risk management framework for a developing group of companies. Several references to guide us and experienced Facilitators

GEMS

Auditing the ESG Process Masterclass

Very happy with the training. It was excellently delivered and comprehensively covered all critical aspects of ESG and effectively contextualised them within the environments of our respective organisations.

North West Gambling Board

Risk Management in the Public Sector

The course was eye opening and exceeded my expectations.

FAQs – ISO 31000 Risk Management

Master risk assessment techniques, risk treatment strategies, and continuous monitoring using ISO 31000 standards to establish a robust risk management framework for your organisation.

What is covered in the ISO 31000 Risk Management course?
The course covers the core principles, framework, and process of ISO 31000:2018, risk identification techniques, qualitative and quantitative risk assessment, risk treatment strategies, risk governance, and embedding risk management into decision-making.
Who should attend this ISO 31000 Risk Management Training?
This training is designed for risk managers, compliance officers, internal auditors, strategic planners, business continuity leads, project managers, and executives seeking to standardize risk management practices across their organization.
How does this course assist in implementing the ISO 31000 framework?
Delegates gain step-by-step guidance on designing, implementing, evaluating, and continually improving an ISO 31000-compliant risk management framework tailored to their organization's size, sector, and risk profile.
Will delegates learn specific risk identification and assessment techniques?
Yes. The curriculum explores practical assessment tools aligned with ISO 31010, including risk matrix design, bow-tie analysis, scenario planning, root cause analysis, and risk register maintenance.
Does the course address integrating risk management with corporate strategy?
Yes. The masterclass emphasizes aligning risk management processes with strategic planning, performance management, resource allocation, and overall corporate governance frameworks.
Why is standardizing risk management under ISO 31000 important?
Adopting the internationally recognized ISO 31000 standard establishes a common risk language, improves decision-making accuracy, enhances operational resilience, and satisfies stakeholder and regulatory expectations.

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