ISO 31000:2013 Certified Chief Risk Officer Enterprise Risk Management Certification

This instructor-led online ISO 31000:2013 Enterprise Risk Management Course in Saudi Arabia empowers professionals who want to become Chief Risk Officer certified. The thorough knowledge and abilities required for efficient enterprise risk management will be imparted to you by this course. The pr

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Course Overview

This ISO 31000:2013 Enterprise Risk Management Course in Saudi Arabia equips participants with the thorough knowledge and useful abilities required to comprehend and apply efficient risk management techniques within their companies. Beginning the course with a thorough examination of the structure and tenets of ISO 31000:2013, a solid basis for understanding risk management practices is established. 
Participants will learn how to identify, assess, and prioritize risks in addition to creating and carrying out risk treatment plans to reduce or capitalize on these risks. Through a combination of classroom instruction and practical exercises, participants will gain firsthand experience applying risk management tools and techniques in real-world scenarios.

Many crucial concepts are covered in the course, including setting up the risk context, risk identification methods, risk assessment and analysis, risk treatment alternatives, and risk monitoring and review. All levels of decision-making should incorporate risk management, with an emphasis on creating an organizational culture that is cognizant of risk.

Through the course, participants will gain the skills, confidence, and knowledge necessary to lead risk management initiatives within their organizations, safeguarding assets, capitalizing on opportunities, and enhancing overall business resilience in today's volatile and fast-paced operating environments.
 

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Course Objectives

Upon completing the course, you will be able to:

  • Acknowledge the fundamental concepts and framework of ISO 31000:2013 for managing risks in businesses. 
  • Learn to identify, assess, and prioritize the risks that a company faces. 
  • Gain experience using risk management techniques and instruments in real-world scenarios. 
  • Acquire proficiency in developing and implementing risk management plans to mitigate or capitalize on identified hazards. 
  • Adopt a risk-aware culture where risk management is viewed as a crucial part of all decision-making procedures.
  • Enhance the organization's ability to safeguard assets, take advantage of chances, and reinforce its general business resilience. 
  • Get the knowledge and self-assurance required to lead the company's risk management initiatives. 
  • Get ready to meet ISO 31000:2013 requirements or get certified.
     

Audience

  • Internal auditors
  • Project managers
  • Business continuity professionals
  • Senior executives and board members
  • Consultants in risk management or related fields
  • Quality assurance professionals
  • Operations managers
  • Legal and regulatory affairs personnel
  • Risk managers and analysts
  • Compliance officers
     

Prerequisite

  • Expertise of basic analytical and critical thinking skills.
  • Familiarity with relevant industry standards and regulations. 
  • Basic knowledge of terminology and concepts in risk management. 
  • Although not necessary, prior project management or related experience is advantageous.
     

Course Outline

Introduction

  • What is risk?
  • What is risk management?
  • Why is risk management important?
  • How has risk management developed?
  • Corporate governance and internal control
  • Where and when should risk management be applied?
  • Risk specialisms
  • Best-practice guidance

Risk Management principles

  • Introduction
  • Aligns with objectives
  • Fits the context
  • Engages stakeholders
  • Provides clear guidance
  • Informs decision-making
  • Facilitates continual improvement
  • Creates a supportive culture
  • Achieves measurable value

Risk Management approach

  • Introduction 
  • Risk management policy
  • Risk management process guide
  • Risk management strategy
  • Risk register
  • Issue register
  • Risk improvement plan
  • Risk communications plan
  • Risk response plan
  • Risk progress report
  • Relationship between documents

Risk Management process

  • Introduction 
  • Common process barriers
  • Communication throughout the process
  • Identify – context
  • Identify – identify the risks
  • Assess – estimate
  • Assess – evaluate
  • Plan
  • Implement

Embedding and reviewing management of risk

  • Introduction
  • Embedding the principles
  • Changing the culture for risk management
  • Measuring the value
  • Overcoming the common barriers to success
  • Identifying and establishing opportunities for change

Risk Perspectives

  • Introduction
  • Strategic perspective
  • Program perspective
  • Project perspective
  • Operational perspective
  • Achieving measurable value
  • Integrating risk management across perspectives
  • Roles and responsibilities

Risk Management document outlines

  • Risk management policy
  • Risk management process guide
  • Risk management strategy
  • Risk register
  • Issue register
  • Risk improvement plan
  • Risk communications plan
  • Risk response plan
  • Risk progress report

Common techniques for Risk Management

  • Introduction
  • Techniques for the identify– context step
  • Techniques for the identify– identify the risks step
  • Techniques for the assess– estimate step
  • Techniques for the assess– evaluate step
  • Techniques for the plan step
  • Techniques for the implement step

Risk Management

  • Health check
  • Purpose
  • Process
  • Framework

Risk Management Maturity model

  • Introduction
  • Process improvement
  • Definition
  • Purpose
  • Scope
  • Structure/composition
  • Levels
  • Criteria
  • Competencies
  • Management of risk
  • maturity model
  • Use/deployment

Risk specializations

  • Business continuity management
  • Incident and crisis management
  • Health and safety management
  • Security risk management
  • Financial risk management
  • Environmental risk management
  • Reputational risk management
  • Contract risk management

Choose Your Preferred Mode

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Online Training

  • 4 days Instructor-led Online Training
  • Experienced Subject Matter Experts
  • Approved and Quality Ensured Training Material
  • 24*7 Leaner Assistance And Support
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Corporate Training

  • Customized Training Across Various Domains
  • Instructor-Led Skill Development Program
  • Ensure Maximum ROI for Corporates
  • 24*7 Learner Assistance and Support

FAQ’s

What is ISO 31000:2013 Enterprise Risk Management certification?

A deeper understanding of the principles and practices of enterprise risk management is the goal of the ISO 31000:2013 Enterprise Risk Management certification. The knowledge and skills required to effectively identify, assess, and manage risks inside an organization using the ISO 31000:2013 framework will be awarded to candidates who successfully complete this certification.

Who can enroll in the ISO 31000:2013 Enterprise Risk Management course?

Professionals who can benefit from the ISO 31000:2013 Enterprise Risk Management course include project managers, risk managers, compliance officers, and senior executives. Furthermore, this course is available to anyone who wants to enhance their organization's risk management capabilities or obtain a certification in risk management.

What topics are covered in the ISO 31000:2013 Enterprise Risk Management course?

The course covers a wide range of topics, including risk identification techniques, risk assessment and prioritization, risk treatment alternatives, ISO 31000:2013 fundamentals and structure, and risk monitoring and review procedures. Participants will also learn how to support the creation of a risk-aware culture within their organizations.
 

How is ISO 31000:2013 Enterprise Risk Management exam in Saudi structured?

Exam questions for ISO 31000:2013 Enterprise Risk Management are multiple-choice questions that assess candidates' understanding of key risk management concepts and their ability to apply ISO 31000 principles in practical settings.

What is the passing score for the ISO 31000:2013 Enterprise Risk Management exam?

It is required of candidates to obtain a minimum passing score set by the certification body administering the test. Normally, one needs to pass in order to become certified in ISO 31000:2013 Enterprise Risk Management.

How long does the ISO 31000:2013 Enterprise Risk Management exam take?

The duration of the exam is three hours

Is certification renewal required for ISO 31000:2013 Enterprise Risk Management?

For the purpose of renewing ISO 31000:2013 Enterprise Risk Management certifications, certification bodies may have different requirements. Candidates are advised to contact the certifying authority to find out the specific requirements for renewal.
 

Can the ISO 31000:2013 Enterprise Risk Management exam be taken online?

Yes, you can take exam online. 

Why choose Vinsys for the ISO 31000:2013 Enterprise Risk Management course?

Vinsys offers a comprehensive training program in ISO 31000:2013 Enterprise Risk Management, taught by knowledgeable instructors. Vinsys ensures that participants will fully understand enterprise risk management concepts and procedures through interactive sessions, real-world examples, and copious study materials. This will enable participants to apply their newly acquired knowledge and skills in real-world scenarios.

Why Vinsys

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Reviews

Thanks to Vinsys, I was able to complete the ISO 31000:2013 course in Saudi Arabia and acquire new skills. All of the important aspects of enterprise risk management are covered in detail by the well-organized and updated curriculum. Participants' active participation and teamwork are encouraged by the interactive learning environment's engaging, practical activities. Thanks to Vinsys' expertise and dedication, I was able to implement ISO 31000 processes with success, which increased my company's ability to reduce risk.
Urvashi KhareProject Manager
I had a great experience with Vinsys' ISO 31000:2013 course. Through the course, a thorough understanding of enterprise risk management principles was acquired. Because of the extremely knowledgeable instructors, every participant was able to understand the course material. The course material was carefully selected to address important concepts in further detail. Thanks to Vinsys, I now know more about the risk management industry and have access to exciting opportunities.
Rajesh BobyIT Head

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