Udemy
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Development
Web Development Data Science Mobile Development Programming Languages Game Development Database Design & Development Software Testing Software Engineering Development Tools No-Code Development
Business
Entrepreneurship Communications Management Sales Business Strategy Operations Project Management Business Law Business Analytics & Intelligence Human Resources Industry E-Commerce Media Real Estate Other Business
Finance & Accounting
Accounting & Bookkeeping Compliance Cryptocurrency & Blockchain Economics Finance Finance Cert & Exam Prep Financial Modeling & Analysis Investing & Trading Money Management Tools Taxes Other Finance & Accounting
IT & Software
IT Certification Network & Security Hardware Operating Systems Other IT & Software
Office Productivity
Microsoft Apple Google SAP Oracle Other Office Productivity
Personal Development
Personal Transformation Personal Productivity Leadership Career Development Parenting & Relationships Happiness Esoteric Practices Religion & Spirituality Personal Brand Building Creativity Influence Self Esteem & Confidence Stress Management Memory & Study Skills Motivation Other Personal Development
Design
Web Design Graphic Design & Illustration Design Tools User Experience Design Game Design Design Thinking 3D & Animation Fashion Design Architectural Design Interior Design Other Design
Marketing
Digital Marketing Search Engine Optimization Social Media Marketing Branding Marketing Fundamentals Marketing Analytics & Automation Public Relations Advertising Video & Mobile Marketing Content Marketing Growth Hacking Affiliate Marketing Product Marketing Other Marketing
Lifestyle
Arts & Crafts Beauty & Makeup Esoteric Practices Food & Beverage Gaming Home Improvement Pet Care & Training Travel Other Lifestyle
Photography & Video
Digital Photography Photography Portrait Photography Photography Tools Commercial Photography Video Design Other Photography & Video
Health & Fitness
Fitness General Health Sports Nutrition Yoga Mental Health Dieting Self Defense Safety & First Aid Dance Meditation Other Health & Fitness
Music
Instruments Music Production Music Fundamentals Vocal Music Techniques Music Software Other Music
Teaching & Academics
Engineering Humanities Math Science Online Education Social Science Language Teacher Training Test Prep Other Teaching & Academics
AWS Certification Microsoft Certification AWS Certified Solutions Architect - Associate AWS Certified Cloud Practitioner CompTIA A+ Cisco CCNA CompTIA Security+ Amazon AWS Microsoft AZ-900
Graphic Design Photoshop Adobe Illustrator Drawing Digital Painting InDesign Character Design Canva Figure Drawing
Life Coach Training Neuro-Linguistic Programming Personal Development Personal Transformation Mindfulness Life Purpose Meditation CBT Emotional Intelligence
Web Development JavaScript React CSS Angular PHP Node.Js WordPress Vue JS
Google Flutter Android Development iOS Development React Native Swift Dart Programming Language Mobile Development Kotlin SwiftUI
Digital Marketing Google Ads (Adwords) Social Media Marketing Google Ads (AdWords) Certification Marketing Strategy Internet Marketing YouTube Marketing Email Marketing Retargeting
Microsoft Power BI SQL Tableau Business Analysis Data Modeling Business Intelligence MySQL Data Analysis Blockchain
Business Fundamentals Entrepreneurship Fundamentals Business Strategy Business Plan Startup Freelancing Online Business Blogging Home Business
Unity Game Development Fundamentals Unreal Engine C# 3D Game Development C++ 2D Game Development Unreal Engine Blueprints Blender
30-Day Money-Back Guarantee
Business Project Management ISO 31000

ISO31000 Integrating Risk Management into Decision Making

Practical guidance for risk management implementation. 25 steps to implement ISO31000:2018
Rating: 4.0 out of 54.0 (27 ratings)
151 students
Created by Alex Sidorenko
Last updated 3/2020
English
English [Auto]
30-Day Money-Back Guarantee

What you'll learn

  • Learn core components of ISO31000:2018
  • Learn how to measure risk management maturity against the ISO31000:2018
  • Learn about Risk Management 2 and what it should look like
  • Learn practical steps to integrate risk management into decision making
  • Learn about cognitive biases and other barriers to effective risk management
  • Learn what advanced quantitative risk analysis techniques exist and where to find more information about them
  • Develop a comprehensive plan for risk management integration

Requirements

  • Basic understanding of risk management
  • Basic understanding of ISO31000 and decision making
  • Familiarity with other RISK-ACADEMY couse udemy.com/course/1687492/ is preferable

Description

Risk management should not only help companies to achieve minimum legal compliance requirements but also contribute to the demonstrable achievement of objectives, linking risks with performance. According to ISO31000 standard, integrating risk management into an organization is a dynamic and iterative process, and should be customized to the organization’s needs and culture. Risk management should be a part of, and not separate from, the organizational governance, leadership, strategy, operations and performance management.

Alex Sidorenko, known for his risk management blog www.riskacademy.blog, has created a 25-step program to integrate risk management into decision making, core business processes and the overall culture of the organization. This course covers practical steps to design, implement and measure effectiveness of risk management.

This course will help you answer the following questions:

  • Do key stakeholders believe risk management is aligned with strategy, objectives and culture and helps the organization achieve its objectives?

  • Is there a risk management statement or policy?

  • Does management show commitment to the integration of risk management into all processes or decision types, giving risk team sufficient resources and responsibility?

  • Is responsibility for risk management as part of business activities and decision making regularly communicated by top management to management and staff?

  • Are oversight bodies confident that risks have been adequately considered when setting the organization’s objectives?

  • Is information about risks and their management presented in the reports that oversight bodies receive and included in any significant decisions they have to make?

  • Are results of independent risk management effectiveness assessments presented to the oversight bodies on a regular basis?

  • Is risk management effort consistent with internal and external environment (meeting both regulatory requirements and stakeholder expectations)?

  • Have risk management principles been integrated into existing policies and procedures instead of just having a single aggregated risk management framework document?

  • Has the responsibility for risk identification and analysis been documented in the committee charters, policies, procedures and job descriptions?

  • Does risk management team have the necessary resources to effectively integrate risk management into business activities and decision making?

  • Is information about risks and their management integrated in existing financial and management reporting?

  • Does an organization have a plan to implement risk management into all activities throughout the organization, including decision-making?

  • Are significant decisions and approvals made by the management only after analysing the risks associated with these decisions?

  • Is risk management integrated into planning, budgeting, motivation and performance management processes instead of having a standalone risk management process?

  • Are strategic goals, objectives and key performance indicators set based on the results of the risk analysis?

    Is risk management integrated in core operational processes, risks are analysed on an ongoing basis within operating activities?

  • Are key supporting (back-office) processes organized in such a way, that risks and their treatments are considered?

  • Is risk-based decision making consistently applied across subsidiaries, key suppliers and supply chains?

  • Are risk management competences developed in all key departments?

  • Are risk management competences integrated in the training and development program for employees, is there regular risk management training for different levels of management?

  • Are risk management competences an important attribute when applying for jobs in the organization?

  • Do you consider organization has a strong culture dedicated to risk-based decision making and risk management?


The content of the course is 100% aligned with the structure and principles of the ISO31000:2018. This course will be immensely valuable for risk managers, risk consultants, auditors and everyone who want to learn more about risk management 2.

Who this course is for:

  • Risk management professionals developing a roadmap for risk management implementation
  • Board and audit committee members seeking to measure risk maturity
  • Risk consultants engaged to built or review risk management practices
  • Internal and external auditors tasked with auditing risk management

Course content

8 sections • 45 lectures • 1h 38m total length

  • Preview03:00
  • Preview04:18
  • Preview05:39
  • Important information about the course
    05:34

  • Quick assessment quiz - Leadership and Commitment
    01:54
  • Quick assessment quiz - Design
    01:00
  • Quick assessment quiz - Implement
    01:46
  • Quick assessment quiz - Evaluate
    00:20
  • Quick assessment quiz - Improve
    00:25

  • Extract from the ISO 31000:2018 risk management standard
    01:35
  • Aligning risk management with the strategy, objectives and culture of the organi
    02:20
  • Risk management policy
    01:16
  • Risk management framework
    02:06
  • Necessary resources are allocated to managing risk
    03:16
  • Authority, responsibility and accountability are assigned
    04:04
  • Establishing the amount and type of risk that may or may not be taken
    02:03
  • Understanding the risks facing the organization in pursuit of its objective
    01:24
  • Ensuring that the risk management framework remains appropriate
    01:13
  • Leadership and commitment quiz
    10 questions
  • Turn this theory into action
    8 questions

  • Extract from the ISO 31000:2018 risk management standard
    00:51
  • Internal and external context considered when designing the framework
    02:58
  • Risk assessment techniques are appropriate for the organization decision making
    05:25
  • Establishing communication and consultation
    00:50
  • Management and staff speak common risk language
    01:09
  • Risk management should be inclusive with stakeholders
    01:14
  • Risk information is integrated into internal management reporting
    01:26
  • Risk information is integrated into external reporting
    01:48
  • Design risk management framework quiz
    8 questions
  • Turn this theory into action
    5 questions

  • Extract from the ISO 31000:2018 risk management standard
    01:26
  • Developing an appropriate plan
    00:30
  • Identifying how different types of decisions are made across the organization
    03:04
  • Identifying how different types of decisions are made
    02:28
  • Understanding how cognitive biases affect decision making under uncertainty
    05:03
  • Risk management is integrated into strategic and operational planning
    02:20
  • Risk management is integrated into performance management
    02:23
  • Risk management is integrated into core operational processes
    02:26
  • Risk management is integrated into supporting functions
    02:07
  • Risk management is integrated into subsidiaries
    00:54
  • Risk management is integrated into the extended supply chain
    00:58
  • Risk management training and awareness
    03:39
  • Risk management is reinforced through Individual performance management
    01:20
  • Turn this theory into action
    13 questions

  • Extract from the ISO 31000:2018 risk management standard
    00:39
  • Evaluation
    01:49

  • Extract from the ISO 31000:2018 risk management standard
    00:59
  • Adaptive and responsive to change
    00:59
  • Risk management is continuously improved
    00:52

  • About G31000
    01:04

Instructor

Alex Sidorenko
Risk management professional
Alex Sidorenko
  • 4.1 Instructor Rating
  • 350 Reviews
  • 1,905 Students
  • 3 Courses

ALEXEI SIDORENKO is a uniquely qualified expert with over 12 years of strategic, innovation, risk and performance management experience across Australia, Russia, Poland and Kazakhstan. In 2014 Alex was named the Risk Manager of the Year by the Russian Risk Management Association. Currently working at RUSNANO, Alex leads the risk management team at the largest private equity fund in Russia, specializing in hi-tech and nanotechnology investments. Alex is responsible for ERM at the fund level and across its 97 portfolio companies. Alex’s work at RUSNANO was awarded first prize in the category Best ERM Implementation by RUSRISK in 2014.

  • Udemy for Business
  • Teach on Udemy
  • Get the app
  • About us
  • Contact us
  • Careers
  • Blog
  • Help and Support
  • Affiliate
  • Impressum Kontakt
  • Terms
  • Privacy policy
  • Cookie settings
  • Sitemap
  • Featured courses
Udemy
© 2021 Udemy, Inc.