ICTQual ISO 31000 Risk Management Foundation Course

The ICTQual ISO 31000 Risk Management Foundation Course develops essential knowledge and practical skills to identify, assess, treat, monitor, and manage organisational risks using ISO 31000 principles.

Course Features

This ICTQual AB course is a 5-day foundation-level training programme delivered through Approved Training Centres, covering 10 mandatory study units with mandatory assessment based on ISO 31000 risk management principles.

5-day training programme
Delivered through ICTQual AB Approved Training Centres
Available online, in-person, or blended, subject to ATC delivery decision
10 mandatory study units covering the full risk management process
Mandatory assessment through 100 multiple-choice questions
Minimum 75% score required to pass the assessment

About This Course

The ICTQual ISO 31000 Risk Management Foundation Course equips learners with essential knowledge and practical skills to identify, assess, and manage risks effectively within organisations. It supports the application of internationally recognised ISO 31000 principles to strengthen resilience and strategic decision-making.

Builds practical understanding of ISO 31000 risk management principles
Covers the full risk management process from identification to improvement
Supports organisational resilience and strategic decision-making
Develops skills in risk assessment, treatment, monitoring, and reporting
Helps learners contribute to compliance, governance, and planning activities
Provides a foundation for advanced ISO 31000 and enterprise risk management study

What You'll Learn

Learners will develop practical knowledge of ISO 31000 risk management concepts, frameworks, processes, tools, and organisational applications required to support structured and effective risk management.

Understand the purpose and importance of risk management in organisations
Learn how risk management supports strategic decision-making and business objectives
Understand the structure, principles, and benefits of the ISO 31000 standard
Identify, assess, analyse, prioritise, and document organisational risks
Develop and monitor risk treatment strategies aligned with organisational objectives
Integrate risk management into governance, compliance, operations, projects, and continuous improvement

Who Should Attend

This course is suitable for individuals involved in or preparing for roles connected with risk management, governance, compliance, audit, business continuity, finance, project management, and organisational leadership.

Risk managers and risk officers
Risk analysts and risk consultants
Governance and compliance professionals
Audit and assurance professionals
Business continuity, finance, and project management professionals
Learners seeking to start a career in risk management

Entry Requirements

Learners should have the maturity, educational background, language ability, professional interest, and basic technical skills needed to participate effectively in foundation-level risk management training.

Learners should generally be 18 years or older with a high school diploma or equivalent, and sufficient English proficiency for course materials and assessment
Basic computer literacy, analytical and problem-solving ability, and interest in risk management are required; prior exposure to risk management, governance, compliance, project management, ISO 31000, COSO ERM, or PMI risk management is beneficial but not mandatory

Curriculum

Understand the purpose and importance of risk management in organisations
Learn how risk management supports strategic decision-making and business objectives
Recognise different types of risks, including operational, financial, and strategic risks
Understand the relationship between risk management and organisational resilience
Identify key stakeholders involved in managing risks
Appreciate the benefits of a proactive risk management approach
Learn how risk management aligns with regulatory and industry requirements

Understand essential risk management terms such as risk, hazard, likelihood, impact, and mitigation
Learn the differences between threats, vulnerabilities, and consequences
Recognise the meaning of risk appetite, risk tolerance, and risk exposure
Apply consistent terminology across organisational risk assessments
Understand metrics and key indicators for measuring and monitoring risk
Communicate effectively about risk concepts with teams and management
Interpret terminology used in ISO 31000 standards accurately

Understand the structure and principles of the ISO 31000 standard
Learn the benefits of applying ISO 31000 in organisational risk management
Understand the guidelines for implementing risk management frameworks
Recognise the roles and responsibilities of risk managers under ISO 31000
Learn to align organisational processes with ISO 31000 principles
Identify the components of risk management governance and policy
Gain confidence in using ISO 31000 to support strategic decisions

Learn how to establish a structured risk management framework within organisations
Identify processes for risk identification, assessment, treatment, and monitoring
Understand integration with organisational objectives, culture, and strategy
Apply risk governance principles and communication strategies
Learn to document and maintain risk management processes effectively
Ensure framework compliance with ISO 31000 requirements
Evaluate the effectiveness of implemented risk management frameworks

Identify internal and external risks impacting organisational objectives
Understand tools and techniques for risk identification
Document risks clearly for assessment and prioritisation
Engage stakeholders to ensure comprehensive risk coverage
Recognise interdependencies and potential cascading risks
Distinguish between inherent and residual risks
Maintain updated risk registers for organisational use

Evaluate risks based on likelihood and impact
Apply qualitative and quantitative assessment methods
Prioritise risks according to organisational significance
Understand risk scoring, rating, and categorisation
Analyse potential consequences for business functions and operations
Identify critical risk thresholds and risk appetite alignment
Use assessment findings to inform mitigation and treatment strategies

Develop strategies to mitigate, transfer, avoid, or accept risks
Identify control measures and contingency plans for each risk
Allocate resources effectively to address high-priority risks
Evaluate the cost-effectiveness of risk treatment measures
Ensure alignment with organisational objectives and compliance standards
Monitor the effectiveness of implemented treatments
Update treatment plans based on lessons learned and emerging threats

Learn to continuously monitor risks and their changing context
Establish key risk indicators for proactive management
Conduct regular reviews to ensure risk controls remain effective
Update risk registers and documentation with current data
Report on risk status to stakeholders and management
Adjust risk management approaches based on organisational changes
Ensure continuous alignment with ISO 31000 standards

Embed risk management into strategic and operational planning
Align risk processes with governance, compliance, and reporting structures
Support decision-making through risk-informed insights
Foster a risk-aware culture across the organisation
Ensure cross-functional coordination for managing complex risks
Integrate risk management into projects, programmes, and daily operations
Facilitate organisational resilience through systematic risk integration

Apply lessons learned from risk incidents and assessments
Review and enhance risk management processes regularly
Promote ongoing learning and adaptation to emerging risks
Monitor the effectiveness of risk frameworks and controls
Encourage feedback and participation from stakeholders
Maintain alignment with ISO 31000 updates and industry best practices
Strengthen organisational resilience and long-term sustainability

Assessments

This course includes mandatory assessment conducted through ICTQual AB Approved Training Centres to evaluate learners’ understanding of the course material and their ability to apply risk management concepts in practical situations.

Mandatory assessment through Approved Training Centres
100 multiple-choice questions
Assessment evaluates understanding and practical application of course concepts
Minimum score of 75% required to pass

Progression

Completing this course provides a foundation for advanced ISO 31000 qualifications, enterprise risk management development, and career opportunities in risk management, compliance, governance, consultancy, and organisational resilience.

Progression to ISO 31000 Lead Implementer certification
Progression to ISO 31000 Lead Auditor certification
Advanced training in enterprise risk management, business continuity, operational risk, financial risk, and strategic risk
Career pathways including Risk Analyst, Risk Officer, Risk Consultant, Risk Manager, Chief Risk Officer, Compliance Specialist, and Governance and Compliance Manager

Application Form

Apply Now For This Course

An adviser will review your eligibility for ICTQual ISO 31000 Risk Management Foundation Course and reply within 1–2 working days.

ICTQual ISO 31000 Risk Management Foundation Course poster