Risk Based Thinking - e-Learning

One of the key changes in the latest revision of the ISO standards is to establish a systematic approach to identify and manage risks at process and organizational levels. Adopting risk-based thinking enables an organization to proactively promote continuous improvement.

Aim of the course

Risks may seem daunting, but handled correctly you can turn them into business opportunities. The purpose of risk management is not to eliminate risk, but to understand it so that you can take advantage of the upside and minimize the downside. This requires clarity on what risks you are prepared to take, how much, and that you have processes in place to manage them. The ISO 31000 is the international standard that provides a comprehensive guide to comprehensive risk analysis and assessment with the aim of helping organizations structure an effective Risk Management system.

Duration

The e-Learning course takes approximately 2 hours to complete. It consists of a single module and an integrated quiz. The quiz is not an exam but a self-assessment tool to help you gauge whether you have sufficiently understood the material. The course is in English.

e-Learning is the most flexible way of learning. You decide when and where you log in, at the office, at home or for example while traveling. 

At the end of the course You will have a good understanding of

• The HLS and the concept of Risk Based Thinking
• What is Risk Based Thinking and why use Risk Based Thinking
• Key risk management steps
• Introduction ISO 31000
• Integrating risk management and organisational processes
• A 10-Step roadmap to an effective risk management approach
• Benefits of Effective Risk Management.

Audience

This training is focused on the basics of risk management and how to perform risk assessments. It would be of immense use to anyone interested in adopting ISO Management system standards using a risk-based approach.