Elevate your risk management skills with our comprehensive ISO 31000 course. Gain the expertise to identify, assess, and effectively mitigate risks across your organization.
Risk is present in every aspect of our life, from mundane everyday activities such as choosing a route to work, to complex corporate decisions such as opening a manufacturing plant in a different country. Much effort has been put over the past decades to better understand risk and its nature, which led to the creation of methodologies and approaches that enable individuals and organizations to make accurate decisions based on logical reasoning.
One of the most distinguished frameworks to address risk is provided by ISO 31000, an international standard that incorporates principles, proven practices, and guidelines on managing risks faced by organizations.
What is ISO 31000?
ISO 31000 is an international standard that provides guidelines on managing any type of risk in any business activity. The standard provides guidelines on principles, risk management framework, and application of the risk management process.
ISO 31000 applies to organizations of all sizes seeking to integrate risk management into business functions. It covers the risk management principles which are the foundation for managing risk, and guides organizations in developing a risk management framework by:
Integrating risk management into organizational structures
Designing a framework for managing risk that fits the organization’s context
Implementing the risk management framework
Evaluating the effectiveness and continually improving the suitability and adequacy of the risk management framework
Demonstrating leadership and commitment (top management)
ISO 31000 considers the risk management process integral to overall management and decision-making. The risk management process can be applied on a strategic level and organization-wide, but it can also be applied to projects, products, and processes. ISO 31000 provides guidelines on risk communication and consultation, defining the scope, context, and criteria, risk assessment, risk treatment, monitoring and review, and lastly, recording and reporting of risks.
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CPHQ, ISO Lead Auditor,PHD(C) MQM,STEPPS
Meet Islam Arid, an accomplished leader in Quality, Health, Safety, and Environment. Backed by a Master's degree in healthcare quality, Islam is driven by a passion for standards, continuous improvement, streamlined processes, human potential, and their collective power to drive organizational growth. Collaborating closely with top-tier management and process custodians, Islam orchestrates precise Measurement and Monitoring of Processes and Individual Performance, driven by a meticulously designed framework of Key Performance Indicators rooted in a transparent Organizational and Process Strategy Map. Credentials at a Glance Holder of a Master's Degree in Healthcare Quality and Accreditation Credentialed Professional in Healthcare (CPHQ) since 2012 Accomplished ISO 45000 Lead Auditor Proficient ISO 9001:2015 Internal Auditor Skilled STEPPS Master Trainer Currently pursuing a Ph.D. in Enterprise Risk Management, Islam Arid's journey continues to encompass new horizons. With great anticipation, I look forward to welcoming you to our enlightening sessions!
Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.
Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.
