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ISO Training & Certification

ISO 31000 Risk Manager

This course enables the participants develop the competence to master Risk Management elements related to all the assets of relevance for information security using the ISO/IEC 31000:2018 standard as a reference framework. Based on practical exercises and case studies, participants acquire the necessary knowledge and skills to perform an optimal Information Security risk assessment, and manage risks in time by being familiar with their life cycle. This training fits perfectly the framework of an ISO/IEC 31000 standard implementation process.

Comprehensive ISO 31000 Framework Coverage
Practical Risk Assessment Techniques
Real-World Case Studies & Exercises
Enterprise Risk Management (ERM) Focus
Global Certification Exam Included
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Course Video

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ISO 31000 Risk Manager
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Course Overview

ISO 31000 Risk Management Professional training enables you to gain comprehensive knowledge of the fundamental principles, framework and process of Risk Management based on ISO 31000. During this training course, you will also gain a thorough understanding of the best practices of Risk Management and be able to effectively apply them in an organization in order to successfully implement a Risk Management process.  

After becoming acquainted with all the necessary concepts of Risk Management, you can sit for the exam and apply for a “ISO 31000 Risk Manager/Professional” credential. By holding a Certificate, you will demonstrate that you have the practical knowledge and skills to effectively manage a risk process in an organization.

Who Should Attend
  •     Risk managers
  •     Business Process Owners
  •     Business Finance Managers
  •     Business Risk Managers
  •     Regulatory Compliance Managers
  •     Project Management
  •     Persons responsible for information security or conformity within an organization

Course Highlights

16 Hrs
Extensive RM Practical Oriented Training
98%
Success Rate
1200+
Professionals Trained Across 55+ Countries
100
Latest Courseware

Batch Schedules

Pick a cohort that matches your availability. Limited seats per batch to ensure hands-on mentor support and lab guidance.

New batches will be announced soon
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Upcoming schedule information is not available yet.

Course Curriculum

Module 1: Risk Management Framework & Foundations

Session 1: Introduction to Risk Management & ISO 31000

  • Overview of Risk Management in Modern Organizations
  • Why ISO 31000 Matters (Business, Governance & Compliance Drivers)
  • Thorough understanding of ISO 31000:2018 Standard
  • Key Terminologies:
    • Risk, Uncertainty, Opportunity, Threat
    • Risk Owner, Risk Appetite, Risk Tolerance
    • KPI, KRI & KCI
  • Relationship with:
    • ISO 9001, ISO 14001, ISO 27001, ISO 22301
    • Enterprise Risk Management (ERM)

 

Session 2: ISO 31000 – Principles of Risk Management

  • Detailed Explanation of the 8 ISO 31000 Principles:
    1. Integrated
    2. Structured and Comprehensive
    3. Customized
    4. Inclusive
    5. Dynamic
    6. Best Available Information
    7. Human and Cultural Factors
    8. Continual Improvement
  • Applying principles across organizational levels
  • Common failures when principles are ignored
  • Practical examples from IT, Finance, Operations, Compliance

 

Session 3: Risk Management Framework

  • Purpose of the Risk Management Framework
  • Leadership & Commitment
  • Integration with Governance and Strategy
  • Designing the Framework:
    • Understanding organizational context
    • Roles and responsibilities
    • Accountability and authority
  • Risk Management Policy:
    • Policy objectives
    • Alignment with business objectives
  • Resource allocation and competence requirements

 

Session 4: Establishing Context

  • Internal Context:
    • Organizational structure
    • Culture, processes, resources
  • External Context:
    • Legal, regulatory, market, technology, geopolitical risks
  • Stakeholder Identification & Expectations
  • Defining Risk Criteria:
    • Risk appetite
    • Risk tolerance
    • Risk acceptance criteria
  • Case Study: Context definition for a real organization

 

Session 5: Risk Identification Techniques

  • Purpose and Scope of Risk Identification
  • Categories of Risks:
    • Strategic
    • Operational
    • Financial
    • Compliance
    • Cyber & Technology
  • Risk Identification Tools:
    • Brainstorming
    • SWOT / PESTLE
    • Process Mapping
    • Checklists
    • Incident analysis

Creating a Risk Register (Structure & Fields)

Module 2: Risk Assessment, Treatment & Governance

Session 6: Risk Analysis

  • Understanding Likelihood & Impact
  • Qualitative vs Quantitative Risk Analysis
  • Risk Scoring Models
  • Risk Matrix Design & Limitations
  • Inherent Risk vs Residual Risk
  • Common Mistakes in Risk Analysis
  • Practical Exercise: Risk Scoring & Heat Map

Session 7: Risk Evaluation

  • Comparing Risk Levels with Risk Criteria
  • Risk Prioritization Techniques
  • Decision Making:
    • Accept
    • Treat
    • Monitor
    • Escalate
  • Management Review & Approval of Risks
  • Case Study: Risk evaluation workshop

Session 8: Risk Treatment

  • Risk Treatment Options:
    • Avoid
    • Reduce / Mitigate
    • Share / Transfer
    • Accept
  • Selecting Appropriate Controls
  • Developing Risk Treatment Plans (RTP):
    • Action plans
    • Owners
    • Timelines
    • Effectiveness measures
  • Control Effectiveness Assessment
  • Linking controls to business processes

Session 9: Communication & Consultation

  • Importance of Stakeholder Communication
  • Internal vs External Communication
  • Risk Awareness & Culture
  • Reporting Risks to Management & Board
  • Risk Dashboards & Reporting Formats
  • Escalation Procedures

Session 10: Monitoring, Review & Continual Improvement

  • Key Risk Indicators (KRIs)
  • Risk Performance Metrics
  • Monitoring Risk Changes
  • Review Triggers:
    • Incidents
    • Business changes
    • Regulatory updates
  • Internal Audits & Management Reviews
  • Continual Improvement of Risk Framework

Session 11: Role of ISO 31000 Risk Manager

  • Competencies of a Risk Manager
  • Responsibilities & Authority
  • Interaction with:
    • Top Management
    • Internal Audit
    • Compliance & Security Teams
  • Risk Governance Models
  • Ethics and Professional Conduct

Session 12: Implementation & Certification Readiness

  • Step-by-Step ISO 31000 Implementation Roadmap
  • Common Challenges & How to Overcome Them
  • Integration with Existing Management Systems
  • Preparing for Risk Assessments & Reviews
  • Course Review & Exam Preparation Guidance (if applicable)
Career Growth Focus

Career Outcomes That Matter

Go from learning to earning with role-aligned outcomes, practical skill-building, and employer-ready positioning.

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Career outcome details will be updated soon for this course.
GET THE APPLIED ISO 31000 Risk Manager CERTIFICATION

Earn the Coveted Applied ISO 31000 Risk Manager Certification

Sample certificate will be available soon.
Sample Certificate (JPG / PNG)

Meet Your Instructors

Mahesh Deo
Mahesh Deo
ISO 27701:2025 Lead Auditor Certified, Exemplar, ITIL Version 5, ISO 31000, PRINCE2 Practitioner
Mahesh has 3 decades of experience in global IT Industry out of which more than 15 years in professional Training and Coaching He...
Mumbai 4.5/5

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