Course Overview
The ISO 31000 Transition course is designed for individuals who have already completed the ISO 31000:2009 Risk Management Standard and wish to transition to the updated ISO 31000:2018 standard. This course equipped participants with an understanding of the changes and updates to the standard and how to implement them within their organizations.
The ISO 31000:2018 standard provides a framework for managing risk that is applicable to any organization, regardless of its size, sector, or nature of operations. The standard emphasizes the need for a systematic, structured, and transparent approach to risk management that is integrated with the organization’s overall management system.
The ISO 31000 Transition course covers the following topics:
- Overview of the ISO 31000:2018 standard and its key principles
- Changes and updates to the standard compared to the previous version
- Implementation of the updated standard within the organization
- Integration of risk management with the organization’s overall management system
- Monitoring and reviewing the effectiveness of the risk management framework
Learning Options
Target audiences
- Organizations that have recently adopted ISO 31000 may benefit from ISO 31000 transition training as a way to understand the framework and best practices in order to comply with it fully
- It is ideally suited for those that have recently transitioned to this standard and those responsible for implementing it in their organization
- This includes project managers, risk analysts, security consultants, safety personnel, and other members of the organization responsible for implementing and managing the ISO 31000 framework
- Audience members can range from those with minimal knowledge of the framework, to those with a deep understanding of risk management processes that need to be adapted to ISO 31000 compliance
Schedule Dates
The benefits of taking the ISO 31000 Transition course include:
Ensuring that organizations are up-to-date with the latest version of the ISO 31000 standard and its requirements
Enhancing the effectiveness and efficiency of risk management practices within the organization
Improving the organization's ability to identify, assess, and manage risks that may impact its objectives
Ensuring compliance with international standards and best practices in risk management
The ISO 31000 Transition course is different from the ISO 31000 Foundation and ISO 31000 Risk Manager courses in that it is specifically designed for individuals who are already familiar with the ISO 31000:2009 standard and want to transition to the updated ISO 31000:2018 standard. The course focuses on the key changes and updates in the new standard, and how to integrate them into an organization's existing risk management practices.
In contrast, the ISO 31000 Foundation course is an entry-level course that provides an overview of the ISO 31000 standard and its key principles, while the ISO 31000 Risk Manager course is designed for individuals who are responsible for implementing and managing a risk management system based on the ISO 31000 standard.
Overall, the ISO 31000 Transition course is more focused on the specific changes in the updated standard, while the other courses provide more general knowledge and skills related to the ISO 31000 standard and risk management.
Transitioning from the ISO 31000:2009 standard to the updated ISO 31000:2018 standard can bring several benefits for an organization. Some of these benefits are:
Improved risk management practices: The updated standard provides a more comprehensive and structured framework for managing risks, which can lead to better risk identification, assessment, and treatment.
Better alignment with organizational objectives: The updated standard emphasizes the importance of aligning risk management practices with the organization's overall objectives, strategy, and context.
Enhanced stakeholder engagement: The updated standard highlights the importance of engaging stakeholders in the risk management process, which can improve communication and collaboration within the organization.
Increased resilience: The updated standard promotes a proactive approach to risk management, which can help organizations to anticipate and respond to emerging risks and challenges more effectively.
Improved governance and decision-making: The updated standard emphasizes the importance of integrating risk management into organizational governance structures and decision-making processes, which can improve accountability and transparency.
Overall, transitioning to the updated ISO 31000:2018 standard can help organizations to enhance their risk management practices, increase their resilience, and achieve better alignment with their objectives and stakeholders.
Some roles of a lead risk manager are listed below.
Identifying and assessing risks: The lead risk manager must work with stakeholders across the organization to identify and assess risks that may impact the achievement of organizational objectives.
Developing risk treatment plans: The lead risk manager must develop and implement risk treatment plans that align with the organization's overall strategy and risk appetite.
Monitoring and reviewing the risk management framework: The lead risk manager must regularly monitor and review the effectiveness of the risk management framework and make adjustments as needed to ensure continuous improvement.
Providing guidance and training: The lead risk manager must provide guidance and training to stakeholders across the organization to ensure that everyone understands their roles and responsibilities in the risk management process.
The ISO 31000 Lead Risk Manager course can help prepare individuals for this role by providing in-depth knowledge of the ISO 31000:2018 standard and the skills needed to implement an effective risk management framework within an organization. Specifically, the course covers topics such as risk management principles and guidelines, risk assessment techniques, risk treatment strategies, and risk communication and reporting. Additionally, the course provides practical tools and techniques for implementing and maintaining a risk management framework, as well as guidance on how to engage stakeholders and communicate the benefits of the framework to senior management. Overall, the course can help individuals develop the knowledge and skills needed to be effective leaders in risk management and support their organization in achieving its objectives.