LICQual ISO 31000:2018 Risk Management Lead Auditor

The LICQual ISO 31000:2018 Risk Management course is an essential program for professionals looking to enhance their auditing skills in the field of risk management. ISO 31000:2018 provides a robust framework for identifying, assessing, and managing risks, and this course offers in-depth training on how to conduct audits based on this internationally recognized standard.

Participants will gain a comprehensive understanding of the risk management process, audit principles, and techniques needed to evaluate an organization’s risk management system. By completing this course, you’ll be prepared to confidently lead audits, ensuring that risk management processes are effective, compliant, and aligned with organizational goals.

The LICQual ISO 31000:2018 Risk Management course is designed to give professionals the expertise to plan, conduct, and report on ISO 31000:2018 audits. Throughout the course, participants will gain a solid understanding of the ISO 31000:2018 standard and how it integrates into an organization’s risk management framework. You’ll explore the principles and processes of risk management, including the risk identification, assessment, and treatment methods.

This course goes beyond theory and provides practical, hands-on experience in auditing risk management systems. Whether you’re looking to pursue a career as an ISO 31000 Lead Auditor or enhance your organization’s risk management processes, this course will equip you with the tools and knowledge to succeed.

Ideal for risk managers, auditors, and compliance professionals, the LICQual ISO 31000:2018 Risk Management course will elevate your ability to ensure organizations are effectively managing risks and achieving their business objectives.

Course Overview

Qualification Title

LICQual ISO 31000:2018 Risk Management

Total Units

Total Credits

GLH

120

Qualification #

LICQ2200096

Qualification Specification

Download Qualification Specification

Entry Requirements
Study Units
Learning Outcomes
Who Should Enrol?

To enrol in the LICQual ISO 31000:2018 Risk Management, applicants must meet the following criteria:

Age Requirement: Applicants must be at least 16 years old.
Educational Requirements: A minimum of a high school diploma or equivalent is required. However, a background in business management, engineering, or any related field is beneficial for a deeper understanding of risk management principles.
Experience: Prior experience in risk management, quality management, or auditing is highly recommended. A basic understanding of ISO 31000 or related risk management standards will also be helpful. While prior auditing experience is not mandatory, familiarity with organizational processes and risk management practices will enhance the learning experience.
English Language Proficiency: As the course materials and assessments are conducted in English, participants must have a strong command of the English language, both written and spoken. A proficient understanding of technical and business English will be necessary to successfully complete the course and engage in practical audit scenarios.

Qualification#	Unit Title	Credits	GLH
LICQ2200096-1	Understanding ISO 31000:2018 Risk Management Framework	8	24
LICQ2200096-2	Risk Assessment Methodologies and Techniques	8	24
LICQ2200096-3	ISO 31000:2018 Risk Management Process Integration	6	18
LICQ2200096-4	Planning and Conducting Risk Management Audits	6	18
LICQ2200096-5	Risk Management Leadership and Decision-Making	6	18
LICQ2200096-6	Reporting and Corrective Actions in Risk Management Audits	6	18

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

Understanding ISO 31000:2018 Risk Management Framework

Demonstrate a comprehensive understanding of the ISO 31000:2018 risk management framework, including its principles, structure, and terminology.
Analyze how ISO 31000 can be applied to various organizational contexts to enhance risk management practices.
Identify the key elements of an effective risk management system based on ISO 31000:2018 guidelines.

Risk Assessment Methodologies and Techniques

Apply various risk assessment methodologies and techniques, such as risk identification, evaluation, and treatment, in alignment with ISO 31000:2018.
Evaluate the potential risks within an organization and develop suitable strategies for risk mitigation.
Develop proficiency in analyzing and categorizing different types of risks to support informed decision-making.

ISO 31000:2018 Risk Management Process Integration

Integrate ISO 31000:2018 risk management processes seamlessly into existing management systems and organizational structures.
Design risk management frameworks that align with organizational objectives and support continual improvement efforts.
Assess the effectiveness of risk management processes within the context of an organization’s goals and operational practices.

Risk Management Leadership and Decision-Making

Exhibit strong leadership capabilities in managing risk and fostering a risk-aware culture within an organization.
Apply decision-making frameworks that enhance the risk management process and align with ISO 31000:2018.
Promote proactive risk management strategies to ensure organizational resilience and sustainability.

Reporting and Corrective Actions in Risk Management Audits

Prepare clear and actionable audit reports, documenting findings, non-conformities, and areas for improvement in risk management practices.
Recommend appropriate corrective actions to address identified gaps in the risk management system.
Effectively communicate audit results to stakeholders and ensure follow-up on corrective actions to enhance overall risk management processes.

Planning and Conducting Risk Management Audits

Plan and conduct ISO 31000:2018 risk management audits, ensuring compliance with international standards.
Apply audit techniques to evaluate the effectiveness of risk management systems, identifying strengths and areas for improvement.
Provide objective assessments and actionable insights to support organizational risk management goals and compliance with ISO 31000:2018.

This diploma is ideal for:

Professionals aiming to become certified lead auditors in ISO 31000:2018 Risk Management.
Risk managers seeking to enhance their skills in auditing and improving organizational risk management systems.
Auditors looking to expand their expertise in ISO 31000:2018 and risk management processes.
Quality and compliance managers who want to ensure their organization is aligned with international risk management standards.
Individuals involved in the development, implementation, or monitoring of risk management frameworks within their organizations.
Consultants wishing to offer ISO 31000 risk management auditing services to clients.
Business continuity professionals seeking a deeper understanding of risk management principles and auditing practices.
Managers and team leaders looking to embed a risk-aware culture and improve decision-making processes in their organizations.
Anyone aiming to develop or improve their ability to assess, manage, and audit risks effectively using ISO 31000:2018 standards.

Assessment and Verification

All units within this qualification are subject to internal assessment by the approved centre and external verification by LICQual. The qualification follows a criterion-referenced assessment approach, ensuring that learners meet all specified learning outcomes.

To achieve a ‘Pass’ in any unit, learners must provide valid, sufficient, and authentic evidence demonstrating their attainment of all learning outcomes and compliance with the prescribed assessment criteria. The Assessor is responsible for evaluating the evidence and determining whether the learner has successfully met the required standards.