ISO 31000 Lead Implementer Training

The ISO 31000 Lead Implementer Course delivers practical guidance on how to establish and embed a risk management framework aligned with ISO 31000. It provides a systematic approach for identifying, assessing, and treating risks while fostering a culture of transparency and accountability. Participants learn how to align risk management with governance, strategy, and performance goals across industries. 

Key Topics Covered 

• ISO 31000 Principles and Structure: Overview of the standard’s intent and core components  

• Risk Framework Implementation: Integration into policies, decision-making, and daily operations  

• Risk Process Development: Establishing processes for identification, analysis, evaluation, and treatment  

• Communication and Reporting: Building transparency and risk awareness  

• Performance and Improvement: Embedding continual improvement and monitoring effectiveness 

Course Benefits 

• Lead Risk Implementation Initiatives: Gain the skills to develop enterprise risk systems  

• Enhance Strategic Alignment: Ensure risk practices support business objectives  

• Strengthen Governance and Compliance: Build frameworks that meet stakeholder expectations  

• Build Career Credibility: Position yourself as a risk leader across the public and private sectors 

This course is suited for professionals involved in designing or improving risk systems. It is ideal for: 

• Risk Managers and Officers  

• Strategic Planners  

• Compliance and Governance Leaders  

• Consultants and Risk Advisors  

• Business Continuity or Audit Professionals  

• Heads of Department or Function 

Module 1: Introduction to ISO 31000 

• Introduction 

• Scope 

• Normative References 

• Terms and Definitions 

• Principles 

Module 2: Risk Management 

• Introduction 

• Process 

• Response to Risks 

• Importance of Risk Management 

Module 3: Framework 

• General 

• Leadership and Commitment 

• Integration 

• Design 

• Implementation 

• Evaluation 

• Improvement 

Module 4: Process 

• General 

• Communication and Consultation 

• Scope, Context, and Criteria 

• Risk Assessment 

• Risk Treatment 

• Monitoring and Review 

• Recording and Reporting 

Module 5: Risk Treatment 

• Risk Response Planning 

• Identification of Options 

• Development of an Action Plan 

• Approval of Action Plan 

• Implementation of Action Plan 

• Identification of Residual Risks 

Module 6: Methods for Risk Management 

• Avoidance 

• Retention 

• Sharing 

• Transferring 

• Loss Prevention and Reduction 

Module 7: Audit Risk 

• What is Audit Risk? 

• Types of Audit Risk 

Module 8: Internal Audit and Principles of Auditing 

• What is an Internal Audit? 

• What Do Internal Audits Accomplish? 

• Risk Management and Compliance 

• Duties of an Internal Auditor 

• Introduction to Auditing 

• Principles of Auditing 

Module 9: Managing an Audit Programme 

• General 

• Establishing Audit Programme Objectives 

• Determining and Evaluating Audit Programme Risks and Opportunities 

• Establishing the Audit Programme 

• Implementing Audit Programme 

• Monitoring Audit Programme 

• Reviewing and Improving Audit Programme 

Module 10: Conducting an Audit 

• General 

• Initiating Audit 

• Preparing Audit Activities 

• Conducting Audit Activities 

• Preparing and Distributing Audit Report 

• Completing Audit 

• Conducting Audit Follow-Up 

Module 11: Conducting the Risk Assessment 

• Risk Assessment Scope 

• Risk Assessment Process 

• Collect Information 

• Identify Systems or Processes at Risk 

• Evaluate the Likelihood of Harm Occurring 

• Evaluate the Impact 

• Determine Risk for the Item 

• Investigate Options for Eliminating or Controlling Risks 

• Prioritise Action and Decide on Control Measures 

• Implement Controls 

• Measure the Effectiveness of Implemented Actions 

• Assessing Risks at the Organisational Level 

• Assessing Risks at the Business Process Level 

• Assessing Risks at the Information System Tier 

• Communicating Risk Information 

Module 12: Risk Mitigation Planning, Implementation, and Progress Monitoring 

• Introduction 

• MITRE SE Roles and Expectations 

• Background 

• Risk Mitigation Strategies 

Module 13: Implementing Risk Management Plan 

• Overview 

• Process of Implementing Risk Management Plan 

• Conclusion of Implementing the Risk Management Plan 

By the end of the course, you will be able to: 

• Understand ISO 31000 principles and implementation guidelines  

• Lead the design of a risk management framework tailored to your organisation  

• Develop and roll out risk management processes and controls  

• Promote organisational buy-in and integrate risk with strategic planning  

•   Monitor, review, and improve risk performance over time 

To achieve the ISO 31000 Lead Implementer Certification, candidates will need to sit for an examination. The exam format is as follows:  

• Question Type: Multiple Choice  

• Total Questions: 30  

• Total Marks: 30 Marks  

• Pass Mark: 50%, or 15/30 Marks  

• Duration: 40 Minutes