Governance & Compliance

ISO 31000 Risk Management in Practice

ISO 31000 provides principles and guidelines for managing risk across an organisation. This course explains the framework and process, including risk context, identification, analysis, evaluation, treatment, monitoring, communication and integration of risk management into decision-making and governance.

5 days Classroom or live online English

Smart Horizon Certified - Global Leadership Consultants

Take the course details with you.

Download the full standard outline: why attend, methodology, objectives, audience, competencies, the daily outline and current plans.

Download course PDF

Why attend

From knowledge to real-world impact.

Risk management often becomes a compliance exercise disconnected from decisions. This course helps you apply ISO 31000 practically to improve outcomes.

Workplace challenges

Professional Problems This Course Is Designed to Solve

The programme explores practical approaches to the following challenges. Results depend on how the learning is applied in your organisation.

Difficulty translating subject knowledge into practical workplace decisions.
Inconsistent approaches to the activities covered in the course outline.
Lack of a structured plan for applying and reviewing new skills.

Course methodology

How you will learn.

The course uses risk workshops, case studies, practical templates and integration exercises.

Course objectives

What you'll take away.

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

Explain ISO 31000 principles, framework and process
Establish risk context and criteria
Identify and analyse risks
Evaluate and treat risks
Monitor, review and communicate risk
Integrate risk management into governance and decisions

Target audience

Who should attend.

This course is suitable for:

Risk managers
Compliance and governance professionals
Project and operations managers
Internal auditors
Senior managers

Target competencies

Capabilities you will build.

Participants will develop competencies in:

Risk framework design
Risk identification
Risk analysis
Risk treatment
Risk communication
Risk integration

Course outline

Your learning journey.

A focused, practical outline with time to explore, apply and reflect.

Day 1ISO 31000 Overview

09:00–09:54Principles
09:54–10:48Framework
10:48–11:00Process
11:00–11:30Coffee break
11:30–12:12Process (continued)
12:12–13:06Relationship with other standards
13:06–14:00Exercise: Framework gap review

Day 2Context and Identification

09:00–09:54Internal and external context
09:54–10:48Risk criteria
10:48–11:00Identification techniques
11:00–11:30Coffee break
11:30–12:12Identification techniques (continued)
12:12–13:06Risk registers
13:06–14:00Workshop: Risk identification

Day 3Analysis and Evaluation

09:00–09:54Likelihood and consequence
09:54–10:48Qualitative and quantitative methods
10:48–11:00Risk evaluation
11:00–11:30Coffee break
11:30–12:12Risk evaluation (continued)
12:12–13:06Risk appetite
13:06–14:00Exercise: Risk analysis

Day 4Treatment and Monitoring

09:00–09:54Treatment options
09:54–10:48Treatment plans
10:48–11:00Monitoring and review
11:00–11:30Coffee break
11:30–12:12Monitoring and review (continued)
12:12–13:06Key risk indicators
13:06–14:00Case study: Risk treatment

Day 5Integration

09:00–09:54Risk in strategy and projects
09:54–10:48Risk culture
10:48–11:00Communication and reporting
11:00–11:30Coffee break
11:30–12:12Communication and reporting (continued)
12:12–13:06Continuous improvement
13:06–14:00Capstone: Risk management plan

The timings provided are estimates and may vary depending on the number of participants and the discussions taking place during the sessions. They are indicative only and do not constitute a binding commitment.

Dates & venues

Find a session that works for you.

Confirmed dates accept registration requests. Tentative dates are enquiry only.

Good to know

A few things to know.

How is the course delivered?

Our classroom programmes combine facilitated discussion, case studies, exercises and reflection. The precise format will be confirmed before enrolment.

Can you deliver this programme for our team?

Yes, you can enquire about a tailored programme. Share your goals, group size and preferred dates with our learning team.

Will I receive a certificate?

Participants who complete the programme receive a Smart Horizon certificate of attendance. Smart Horizon programmes are not externally accredited and do not award a professional qualification, licence or designation. Where a course title or outline refers to a professional certification (for example, AACE International's Certified Cost Professional), the programme supports learning and preparation only; the credential itself is awarded solely by the relevant professional body under its own application and examination requirements.

What should I confirm before booking travel?

Please confirm the session, exact venue, accessibility arrangements, fees and any visa requirements with the team before arranging travel. Tentative dates are not confirmed sessions.

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