The Complete ISO 31000 Master Class, Safeguard the Business!



Your guide to be an Enterprise Risk Management Expert.

What you will learn

ISO 31000

Enterprise Risk Management

Business management

Risk analysis

Description

Risk is present in every aspect of our life. Many efforts were put over the past decades to better comprehend risk and its nature, which led to the founding of solutions, methodologies, and approaches that can help individuals and organizations to make accurate decisions based on logical reasoning. One of the most helpful frameworks to address enterprise risk is ISO 31000, an international standard that incorporates principles, proven practices, and guidelines on managing risks facing organizations. ISO 31000 provides a framework to help companies effectively manage their risks. It can be used by any organization with no regards to its size, industry, or sector. ISO 31000 may help organizations increase the likelihood of achieving objectives, improve the identification of opportunities and threats and effectively allocate and use resources for risk treatment. If you want to enhance your risk management skills, you are in the right place!

Topics Covered include, but not limited to:

– Nature and Causes of Risk

– Risk types

– Risk appetite & attitudes

– Importance & Effectiveness of ERM

– ISO 31000 framework & Guidelines

– Setting the context of ERM

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– Risk identification / Event identification

– Risk assessment, Mapping, Analysis & Evaluation

– Risk Treatment, Actions & strategies


– Risk Communication and Reporting

– Monitoring, Reviewing & Documenting ERM

– Role of Insurance Companies in ERM

– ERM Information Systems & Software

-Real life ERM examples

Introduction

Coures Introduction
What you expect out of this course
Instructor’s Introduction – Sameh
Study Plan / Structure

Nature and Causes of Risk

Nature of risk
Natural causes of risks
Competition Causes
Change in demand for the product or service
Human Causes of Business Risk
Change in Government Policies
Mismanagement Causes
Cash Flows Causes
Employee-Related Issues
Quickwin1 Don’t totally eliminate risk
Quickwin2 A contingency plan

Risk Types

Introduction to risk types
Strategic Risk (Kodak & Xerox)
Compliance Risk
Operational Risk
Financial Risk
Reputational Risk
Security and Fraud Risk
Economic Risk
Competition Risk
Physical Risk
Human Risk
Quickwin3 The marketplace
Quickwin4 Financing to start or continue a project

Risk Appetites and Attitudes

How much risk is too much risk?
Risk Appetite
Risk Attitude
Quickwin5 Labor disputes

Importance & effectivness of ERM

Importance of ERM
Effectivness of ERM
Case Scenario – Risks

Risk Identification / Event Identification

What is Risk Identification?
How to identify risks?
Hazard and Operability (HAZOP).

Risk Assessment And Mapping /Analysis/Evaluation

What is risk analysis?
Sources of information & Risk analysis techniques
Risk Evaluation

Risk treatment/Actions/Strategies

Risk Treatment
Risk Mapping
How To Apply and Chose risk treatment?
Assign risk ownership

Risk Communication and Reporting

Risk communication
Risk Register
Impotance of risk communication
Risk Management Reporting

Monitoring, Review and Documenting Risk Management Process

Monitoring and review
Measuring risk management performance
Recording the risk management process

Wrapping Up and Conclusion

Wrapping up and conclusion
Wrap up
Conclusion on ERM

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