ISO 31000 Lead Risk Manager

The ISO 31000 Lead Risk Manager training course helps participants develop their competences to support an organization create and protect value by managing risks, making decisions, and improving performance using the ISO 31000 guidelines. It provides information regarding the core elements and the effective implementation of a risk management framework, the application of the risk management process, and the actions necessary for the successful integration of these elements to meet organizational objectives. Furthermore, it provides guidance on the selection and application of techniques for assessing risks in a wide range of situations.

Course description:

Upon completion of the training course, participants can sit for the exam and apply to obtain the “PECB Certified ISO 31000 Lead Risk Manager” credential. The credential demonstrates that the participant possesses the theoretical and practical knowledge and professional capabilities to support and lead risk management processes based on ISO 31000 guidelines and best practices in this field.

 

Learning objectives:

By the end of this training course, the participants will be able to:

  • Demonstrate understanding of risk management principles, as formulated in ISO 31000
  • Establish, maintain, and continually improve a risk management framework, in accordance with ISO 31000 guidelines
  • Apply the risk management process, in accordance with ISO 31000 guidelines
  • Plan risk recording and reporting processes, as well as risk communication activities
  • Monitor, review, and improve the risk management framework and process based on the outcomes of risk management activities

Audience:

The ISO 31000 Lead Implementer training course is intended for:

  • Risk directors, managers, officers
  • Individuals responsible for the creation and protection of value in organizations
  • Top management members who seek guidance on how risk management should be integrated at a strategic level
  • Individuals responsible for risk management processes
  • Individuals interested in risk management

Certification

Upon the successful completion of the exam, you can apply for one of the credentials shown in the table below. You will receive a certificate once you fulfill all the requirements related to the selected credential. For more information about ISO 31000 certifications and the PECB certification process, please refer to the Certification Rules and Policies.

Certification 9001LI.png

Prerequisites:

A fundamental understanding of the risk management framework, process, and principles.

Agenda:

  • Introduction to ISO 31000 and risk management

    1. Training course objectives and structure
    2. Standards
    3. Introduction to ISO 31000 concepts
    4. ISO 31000 principles
    5. ISO 31000 framework and process
  • Establishing the risk management framework and initiating the risk management process

    1. Establishing the framework and defining the governance
    2. Scope, context, and risk criteria
    3. Risk identification
  • Risk analysis, risk evaluation, and risk treatment according to ISO 31000

    1. Risk analysis
    2. Risk evaluation
    3. Risk treatment
  • Recording and reporting, monitoring and review, and communication and consultation according to ISO 31000

    1. Recording and reporting
    2. Monitoring and review
    3. Communication and consultation
    4. Closing of the training course
  • Certification Exam

    1. Preparation for exam
    2. Exam
  • The exam is will take place at the end of the course on onsite classroom courses

    For Virtual courses we will send out a voucher that gives you access to an online exam. This can be booked and taken home monitored by a proctor via camera. More information about the exam rules will be send from PECB.

    Test details:

    • The exam duration is three (3) hours. Non-native speakers receive an additional half an hour.
    • The exam contains essay type questions. 

    As the exam is an Multiple Choice, candidates are authorized to use:

    • A copy of the ISO 31000 Standard
    • Course notes from the Participant Handout;
    • Any personal notes made by the student during the course; and
    • A hard copy dictionary

    Exam-preparation-guides

    Examination rules and policies

    RECEIVE YOUR EXAM RESULTS

    Results will be communicated by email in a period of 6 to 8 weeks, after taking the exam. The results will not include the exact grade of the candidate, only a mention of pass or fail.

    Candidates who successfully complete the examination will be able to apply for a certified scheme which is explained in the course description.

    In the case of a failure, the results will be accompanied with the list of domains in which the candidate had failed to provide guidance for exams’ retake preparation.

    Candidates, who disagree with the exam results, may file a complaint by writing to  or through PECB ticketing system.

    EXAM RETAKE POLICY

    There is no limit on the number of times a candidate may retake an exam. However, there are some limitations in terms of allowed time-frame in between exam retakes, such as:

    • Students, who have completed the full training but failed the written exam, are eligible to retake the exam once for free within a 12 month period from the initial date of the exam.
    • If a candidate does not pass the exam on the second attempt, he/she must wait 3 months (from the initial date of the exam) for the next attempt (2nd retake). Retake fee applies.
    • If a candidate does not pass the exam on the third attempt, he/she must wait 6 months (from the initial date of the exam) for the next attempt (3rd retake). Retake fee applies.

    After the fourth attempt, a waiting period of 12 months from the last session date is required, in order for candidate to sit again for the same exam. Regular fee applies.

    For the candidates that fail the exam in the 2nd retake, PECB recommends to attend an official training in order to be better prepared for the exam.

    To arrange exam retakes (date, time, place, costs), the candidate needs to contact Glasspaper.

     

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