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ISO 31000 Risk Management Lead Risk Manager (PECB Certified) - Including Exam

  • Course Code ISO31000LRM
  • Duration 4 days

Public Classroom Price

$2,003.00

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Course Delivery

This course is available in the following formats:

  • Company Event

    Event at company

  • Public Classroom

    Traditional Classroom Learning

  • Virtual Learning

    Learning that is virtual

Request this course in a different delivery format.

Course Overview

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The ISO 31000 Lead Risk Manager training course provides participants with a comprehensive understanding of the principles, framework, and process of risk management as outlined in ISO 31000. The course covers both the theoretical and practical aspects of establishing, implementing, and maintaining a risk management framework and process within an organization.

The ISO 31000 Lead Risk Manager training course equips participants with the knowledge and skills to lead, implement, and continuously improve risk management frameworks based on ISO 31000 guidelines. Through this course, participants will learn how to support their organization in identifying, assessing, and managing risks effectively, helping to protect value, enhance decision-making, and improve performance across business operations. Furthermore, it provides guidance on the selection and application of techniques for assessing risks in a variety of contexts.

Upon completion of the training course, participants can sit for the exam and apply to obtain the “PECB Certified ISO 31000 Lead Risk Manager” credential. The credential demonstrates that the participant 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 this field.

Course Schedule

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Target Audience

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This training course is intended for:

- Managers or consultants involved in and concerned with the implementation of a risk management program in an organization
- Project managers, consultants, or expert advisers seeking to master the implementation of a risk management framework and process
- Individuals responsible for risk management processes
- Individuals interested in risk management

Course Objectives

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By the end of this training course, participants will be able to:

  • Explain the fundamental concepts and principles of risk management
  • Establish and improve a risk management framework based on ISO 31000
  • Initiate and plan the implementation of a risk management process
  • Apply best practices to support the management of risks based on ISO 31000

Course Content

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Day 1: Introduction to ISO 31000 and risk management

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

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

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

Course Prerequisites

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  • A fundamental understanding of the risk management framework, process, and principles is required to attend this training course.
Recommended prerequisites:

Test Certification

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

  • Domain 1: Fundamental principles and concepts of risk management
  • Domain 2: Establishment of the risk management framework
  • Domain 3: Initiation of the risk management process and risk assessment
  • Domain 4: Risk treatment, risk recording and reporting
  • Domain 5: Risk monitoring, review, communication, and consultation

After passing the exam, you can apply for one of the credentials in the table below. You will receive a certificate once you fulfill all the requirements of the selected credential.

The certification requirements for PECB ISO 31000 Lead Risk Manager are:

PECB ISO 31000 Provisional Risk Manager

  • Exam: PECB ISO 31000 Lead Risk Manager exam
  • Professional experience: None
  • Experience in risk management: None
  • Other requirements: Signing the PECB Code of Ethics

PECB ISO 31000 Risk Manager

  • Exam: PECB ISO 31000 Lead Risk Manager exam
  • Professional experience: 2 years (1 year in risk management)
  • Experience in risk management: At least 200 hours
  • Other requirements: Signing the PECB Code of Ethics

PECB ISO 31000 Lead Risk Manager

  • Exam: PECB ISO 31000 Lead Risk Manager exam
  • Professional experience: 5 years (2 years in risk management)
  • Experience in risk management: At least 300 hours
  • Other requirements: Signing the PECB Code of Ethics

PECB ISO 31000 Senior Lead Risk Manager

  • Exam: PECB ISO 31000 Lead Risk Manager exam
  • Professional experience: 10 years (7 years in risk management)
  • Experience in risk management: At least 1,000 hours
  • Other requirements: Signing the PECB Code of Ethics

Further Information

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Educational Approach

- The training course is based on theory and best practices used in risk management.
- Lecture sessions are illustrated with practical examples and scenarios.
- Participants are strongly encouraged to interact with one another, exchange ideas, and actively participate in discussions.
- The quiz structure within the course closely mirrors that of the certification exam, ensuring participants are well-prepared for the exam.

General Information

- Certificate and examination fees are included in the price of the training course.
- Participants will receive more than 400 pages of comprehensive training materials, including practical examples, exercises, and quizzes.
- Participants who have attended the training course will receive an attestation of course completion worth 31 CPD (Continuing Professional Development) credits.
- Candidates who have completed the training course with one of our partners and failed the first exam attempt are eligible to retake for free the exam within a 12-month period from the course completion date, because the fee paid for the training course includes a first exam attempt and one retake. Otherwise, retake fees apply.