ISO 31000. Risk manager training
- 3.5 hours on-demand video
- 41 downloadable resources
- Full lifetime access
- Access on mobile and TV
- Certificate of Completion
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Try Udemy for Business- The risk management framework of ISO 31000
- Principles of risk management
- Selection of the risk assessment techniques
- Risk techniques of IEC 31010
- Risk treatment options
- Basic information about management system standards is valuable but not necessarily needed
The purpose of this course is to present the framework for risk management proposed by ISO 31000 along with the multiple risk techniques from IEC 31010 (a supporting standard for ISO 31000).
After going through the lessons you will have a good understanding of the risk management principles, the framework of ISO 31000, risk assessment techniques or available risk treatment options.
The structure of the course includes:
- general aspects about risk management and the framework proposed by ISO 31000
- risk management principles
- the support and involvement of top management for the risk management process
- the risk assessment process and the selection of the appopriate risk techniques
A brief presentation of the general aspects of risk techniques from IEC 31010 including:
- Brainstorming;
- Structured and semi-structured interviews;
- the Delphi technique;
- HAZOP (Hazard and Operability);
- HACCP (Hazard Analysis and Critical Control Points);
- Business impact analysis;
- Root cause analysis;
- FMEA and FMECA - Failure Modes and Effects (and Criticality) Analysis;
- Fault tree analysis;
- Event tree analysis;
- Cause - consequence analysis;
- Cause and effect analysis;
- Bow tie analysis;
- Reliability centered maintenance;
- Markov analysis;
- Monte Carlo simulation;
- Consequence probability matrix;
- Cost - benefit analysis;
- Multi criteria decision analysis;
and others.
The final part of the course is about risk treatment options, concepts like residual and secondary risk, monitoring and improvement of the risk management process.
The various risk techniques of IEC 31010 are explained in an easy to understand way with simple examples.
At the end of the course there is a quiz - with questions from the subject matter.
Learn about how to develop and apply a risk management process by following the framework of ISO 31000.
- Risk managers
- Risk practioners
- Risk professionals
- Management system professionals
- ISO consultants and auditors
A group of experts who are asked to formulate their opinions anonimously on certain topics. Each one has access to the opinions of others with the purpose of finding consensus between the experts.
Identify the key activities and processes in an organization and their interdependencies, see how a disruptive event can affect the functioning of key activities and propose solutions so that the impact of a disruptive event can be managed and the organization can continue to operate at an acceptable level.
Starting from a major incident and trying to understand how and why it happened so that controls can be designed and implemented to prevent re-occurrence. The 5-whys technique
The Failure Modes and Effects Analysis is used to evaluate an item, a component, a process, a system to identify the ways (or modes) in which it can fail, the effects that those failures can have, the mechanisms of failure and how such failures can be avoided or their effects mitigated
Similar logic to the fault tree. The starting point is an initiating event and the purpose is to identify the sequence of events that follow the initiating event, taking into consideration the systems and controls in place meant to mitigate the consequences of the initiating event
The Bayes theorem or the Bayes law describes the probability of an event based on prior knowledge of conditions that may be related to the event. Any already known information (which is called the Prior) can be combined with subsequent measurement to establish an overall probabilty.
About different risk treatment options - avoidance, share, mitigation, acceptance. Concepts like residual risk and secondary risk.