ISO 31000 Lead Risk Manager

ISO 31000 Lead Risk Manager - Self-Paced Learning

Training Partners

Next Session

Duration

0 Self-Paced

Cost

USD 600.00

Contact

(+65) 6920 5462

Email

courses@straitsinteractive.com

Ideal 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

This course is an Self-Paced Learning Programme with 5 days’ worth of content and is brought to you by Straits Interactive on behalf of PECB.

Any decision, action, or even business activity of the firm carries some risk. The ability to manage risk allows the firm to have greater confidence in future business decisions, which sets the organisation apart.

This programme aims at developing an individual's ability to support an organisation to create and protect value by managing risks, making decisions, and improving performance with the ISO 31000 guidelines. It delves deep into information regarding the elements and implementation of a risk management framework, the risk management process, and the action steps necessary for successfully integrating these elements to meet organisational objectives. Furthermore, it provides guidance for the selection and application of risk assessment techniques in a number of situations.

Upon completion of the programme, candidates can choose to take an exam and apply for the “PECB Certified ISO 31000 Lead Risk Manager” credential. The credential demonstrates that the individual 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 the field.

To get a better overview of the ISO certification courses available, you can find our roadmap here.

For more information about the ISO courses, please refer to the Frequently Asked Questions (FAQ) page here.

*PECB is an accredited Personnel Certification Body by The International Accreditation Service (IAS) under ISO/IEC 17024. PECB (legal name “PECB Group Inc.”) is a certification body which provides education¹ and certification under ISO/IEC 17024 for individuals on a wide range of disciplines. Click here for more on PECB.

¹ Education refers to training courses developed by PECB, and offered globally through its network of resellers.

REQUIREMENTS

Requirements to take course - A fundamental understanding of the risk management framework, process, and principles.
Requirements for credential certification, please refer to table under "Certification".

LEARNING OUTCOMES

Understand the risk management concepts, approaches, methods, and techniques
Learn how to interpret the ISO 31000 principles and framework in the context of an organisation
Learn how to apply the ISO 31000 risk management process in an organisation
Learn how to establish a risk recording and reporting process and an effective risk communication plan
Develop the ability to effectively manage, monitor, and review risk in an organisation based on best practices

This is a Self-Paced Learning Programme. Here is a guided schedule that you may use as a reference. You will be required to book your online exam. (Email instructions will be provided)

GUIDED SCHEDULE

Day 1 - Introduction to ISO 31000 and risk management

Course objectives and structure
Standards
Introduction to ISO 31000 concepts
ISO 31000 principles
ISO 31000 framework and process

Day 2 - Establishing the risk management framework and initiating the risk management process

Establishing the framework and defining the governance
Scope, context, and risk criteria
Risk identification

Day 3 - Risk analysis, risk evaluation, and risk treatment according to ISO 31000

Risk analysis
Risk evaluation
Risk treatment

Day 4 - Recording and reporting, monitoring and review, and communication and consultation according to ISO 31000

Recording and reporting
Monitoring and review
Communication and consultation
Closing of the programme

Day 5 - Certification exam

DELIVERY FORMAT

This is an Self-Paced Learning programme. There are no trainers.

DURATION

Self-Paced

EXAMINATION

The examination duration is 3 hours by *online proctoring. Exam format will be multiple choice questions.

*Online proctoring: candidates are free to select to do it at their convenient location, date, and time using their laptop. Candidates are remotely invigilated by PECB authorized invigilators via webcam.

The “PECB Certified ISO 31000 Lead Risk Manager” exam fully meets the requirements of the PECB Examination and Certification Programme (ECP). The exam covers the following competency domains:

Domain 1 Fundamental principles and concepts of risk management
Domain 2 Establishing the risk management framework
Domain 3 Initiating the risk management process and assessing risks
Domain 4 Risk treatment
Domain 5 Risk recording and reporting
Domain 6 Risk monitoring and review
Domain 7 Risk communication and consultation

For more information about exam details, please visit Examination Rules and Policies. (https://pecb.com/en/examination-rules-and-policies)

CERTIFICATION

After successfully passing the exam, you can apply for the credentials shown on the table below. You will receive the certificate once you comply with all the requirements related to the selected credential. Certification fees are included on the exam price.

For more information about the PECB certification process, please refer to the Certification Rules and Policies. (https://pecb.com/en/certification-rules-and-policies)

To be considered a valid risk management experience, the risk management activities should follow best risk management practices and include the following:

Defining a risk management approach
Designing and implementing an overall risk management process for an organization
Defining risk evaluation criteria
Identifying assets, existing measures, risk sources, and consequences
Assessing risk consequences and incident likelihood
Evaluating risk levels and risk treatment options
Assessing residual risk
Communicating the risk
Performing risk management review

CERTIFICATION MAINTENANCE POLICY
Overview

PECB certified professionals who follow this policy and successfully comply with its requirements will be able to continually demonstrate competence, broaden knowledge, and consequently renew their certification(s).
The CPD requirements are set and overseen by the PECB Scheme Committee

To know more, please click here.

Exam fee
Certification fees
Training material containing over 400 pages of information and practical examples
In case of exam failure, candidates can retake the exam for a second time at no additional fees within a time frame of 12 months following the initial exam date

COURSE FEE

The course fee is USD$600 (Excludes Goods & Services Tax if applicable).

As the programme is self-paced learning, it is non-refundable.

NOTE: There is no government funding for Singaporeans and Permanent Residents for this course.

Payment can be made by the following means below. Cheque payments will not be accepted.

1. Bank transfer in US dollars. (Details for transfer will be provided in the invoice)

2. Credit card

3. Credit card promotion:

a. Singapore OCBC card holders: 12-month interest-free instalment payment. Instalment payment will be in Singapore dollars based on the prevailing currency exchange rate.

All queries to be directed to courses@straitsinteractive.com.

REGISTRATION

The course fee is USD$600 (Excludes Goods & Services Tax if applicable).

Registration will be confirmed upon receipt of full payment via bank transfer or credit card. Note that course materials will be released electronically by PECB within 5 working days upon receipt of payment.

For more information about the ISO courses, please refer to the Frequently Asked Questions (FAQ) page.

TERMS AND CONDITIONS

As Straits is only a Singapore-based reseller of selected PECB courses, Straits will not be able to offer any learning support in relation to the materials nor address any concerns or issues in relation to the quality of the PECB Self-Paced Learning Programme.
All queries in relation to the PECB Self-Paced Learning Programme are to be channelled to PECB directly at [https://pecb.com/en/contact-us].
The PECB Self-Paced Learning Programme is provided to you "as is" directly from PECB. As such, Straits has no control over the quality or merchantability of its contents, as such we disclaim any liabilities or implied warranties, including any warranty of merchantability over the quality of the PECB Self-Paced Learning Programme/content.
Straits recommends you to complete the PECB Self-Paced Learning Programme and the exam within 12 months from the date of purchase.

Feel free to share with us your good news of passing the exam or if you are interested in furthering your competency by writing in to us at courses@straitsinteractive.com.

CONFIRMATION & RESERVATION

Participants will receive an email acknowledgement for the Self-Paced Learning programme followed by an invoice shortly. Full payment must be made before course material will be released electronically by PECB within 5 working days upon receipt of payment. PECB will send 2 emails containing instructions on how to view the course material and the exam coupon code with instructions on how to schedule the online exam.

CANCELLATION

As this is an Self-Paced Learning programme, there will be no refund for any cancellation or withdrawal.