ISO 31000 & ONR 49000
All around the world, Risk Management is a key business
process within the private and public sector.
Effective Risk Management is the foundation of sound
corporate governance. For this reason, much of the law that
has been created in response to corporate collapses and
scandals, now requires effective risk management.
Evidence of good risk management practice is increasingly
being required before insurance can be obtained.
A number of risk-related standards are published by ISO and
other standard bodies, and further standards that refer to risk
management, but there is no central ISO document that
provides a consistent approach.
The ISO 31000 risk management standard – currently in draft –
is set to replace national standards as THE valid international
risk management standard when it becomes effective in 2009.
This standard will apply to every organisation world-wide and to
all risk processes within the private and public sector.
It will become the benchmark for good practice risk
Main Topic Contents
This seminar will give participants an excellent up-to-date know-how
of the new International Risk Management Standard known as ISO
● Introduction to Risk – What is risk and how it is to be managed
● Introduction of ISO 31000
● Concepts and Basic Principles of ISO 31000
● ISO 31000, a paramount standard
● What will be new in ISO 31000
● Elements of a Risk Management System
● What does the standard mean for your organisation
● Guidelines for Risk Management
● Principles of Good Risk
● Management Guidelines for the Integration of Risk Management
in the Risk Management Systems
● Developing and implementing a risk management framework
● The risk management process
● Pre-requirements of the Risk Manager
After a successful completion, participants will…
● understand the concept of risk and the risk management
● be able to define the term ‘hazard’ and methods of
● be able to explain the perception of risk and the influence
on how risk is analysed
● understand the risk analysis techniques and more
● Directors and senior managers with the responsibility for
implementing systems of effective corporate governance
and management of risk.
● Internal auditors involved in assessing systems of internal
control across all the functions of their organisation
● Those with operational responsibilities who need to
apprehend risk management in more detail