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Risk Assessment Methodology based on ISO 31010: 2011

Course Description:
This course focuses on the fundamentals of identifying the right techniques to use when facing multilevel risks (operational, managerial and policy-related) within an organisation. Risks arise from the uncertainties that surrounds any activity, whether due to human conduct, machine or the environment. The Risk Assessment Methodology is designed to facilitate the learning of core risk assessment concepts, where participants will be guided on the selection and application of various techniques that can be used to help improve the way uncertainties and risks are assessed and understood.

Benefits:
  • Increase an organisation’s internal competency in conducting structured and effective risk assessments
  • Prepares organisation for conducting risk assessment applicable to all ISO standards
  • Faciliates an organisation’s certification journey

Upon completion of the course, participants will be able to:
  • Understand and address the “Risks and Opportunities” requirements under Clause 6 of every ISO management system standard
  • Conduct risk and opportunities assessment based on techniques in the ISO/IEC 31010:2019 standards.
  • Understand the process for conducting structured risk assessments
  • Prepare risk assessment reports

Who should attend:
  • Business Owners / Consultants
  • Government Officers / Executives
  • Management Personnel

What you will learn:
  • Scope of ISO/IEC 31000 and the interaction of ISO 31000 with ISO 31010
  • Scope of ISO/IEC 31010:2019
  • Terms and conditions applied in ISO/IEC 31010:2019
  • Concepts of Uncertainty and Risk
  • Risk assessment techniques and selecting suitable techniques in different situations
  • Implementing risk assessments

Duration:
2 days

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