Iso 31000: Enterprise Risk Management (With Iso 31010)

Assess your organization's readiness & maturity for risk management | Case Studies | Focus on Techniques

What you'll learn

What is risk

How to assess an organization's readiness for risk management

What are the standards recommended by ISO 31000

What are the important risk assessment techniques

How to apply FMEA for my organization

How to use event tree analysis and fault tree analysis in managing risks

How to deploy SWIFT, Hazop

How to use stress test analysis

What is Monte Carlo Simulation

How to carry out business impact analysis

Requirements

None.

Description

Welcome to the world of Enterprise Risk Management (ERM)! In today's dynamic and interconnected business environment, organizations face a multitude of risks that can impact their success, from financial uncertainties to cybersecurity threats and everything in between. This comprehensive course is designed to equip you with the fundamental knowledge and practical skills needed to navigate this complex landscape effectively.Key Focus Areas of the program:Assess organization's readiness and maturity for risk managementUnderstanding Risk Concepts: Dive deep into the core principles of risk management, exploring the definitions, types, and significance of risks in various industries.Risk Identification: Learn how to identify and assess risks across different aspects of an organization, including financial, operational, strategic and compliance risks.Risk Assessment Techniques: Explore methodologies and tools for evaluating risks, including risk matrices, heat maps, and scenario analysis.Risk Mitigation and Control: Discover strategies and best practices for managing and mitigating risks, including risk transfer, risk avoidance and risk acceptance.ERM Frameworks: Gain insights into internationally recognized ERM frameworks like ISO 31000 and 31010, and their practical application.Crisis Management: Prepare for unforeseen events with crisis management strategies and business continuity planning.ERM Implementation: Learn how to integrate ERM into organizational culture and decision-making processes.Case Studies: Analyze real-world case studies from various industries to see ERM in action and learn from both successful and cautionary tales.Our goal is to empower you with the knowledge and skills needed to become a valuable asset in your organization's risk management efforts. Join us on this ERM journey and be prepared to make informed decisions, safeguard your organization's future and thrive in a world of uncertainty.

Overview

Section 1: Introduction

Lecture 1 Introduction

Lecture 2 Definition of risk as per ISO 31000

Lecture 3 Definition of risk as per other standards

Lecture 4 ISO 31000 Evolution

Lecture 5 Background about ISO

Section 2: ISO 31000

Lecture 6 Principles

Lecture 7 Framework

Lecture 8 Processes

Section 3: Risk Identification, Assessment & Management Techniques

Lecture 9 ISO 31010

Lecture 10 SWIFT

Lecture 11 Fault Tree Analysis

Lecture 12 Event Tree Analysis

Lecture 13 Layer of Protection Analysis

Lecture 14 Bow Tie Method

Lecture 15 Monte Carlo Simulation

Lecture 16 Stress Test Analysis

Lecture 17 HAZOP

Lecture 18 Business Impact Analysis (BIA)

Lecture 19 FMEA

Lecture 20 Decision Tree

Lecture 21 Sensitivity Analysis

Professional in risk management area,CxO's,Operations Managers and Sr. Managers,Quality Professionals,Students