In today’s rapidly evolving business environment, effective risk management is more important than ever. Organizations face an array of risks, from financial and operational to strategic and environmental. To navigate these challenges successfully, businesses must implement structured, systematic processes that can help identify, assess, and manage risks. The LICQual ISO 31000:2018 Risk Management Lead Implementer course is designed to equip professionals with the knowledge and skills needed to establish and lead a comprehensive risk management framework in line with ISO 31000:2018.
ISO 31000:2018 is the international standard for risk management, providing guidelines and principles for establishing, implementing, monitoring, reviewing, and improving risk management practices. This standard is designed to help organizations develop a consistent approach to managing risk, regardless of their size, sector, or geographic location.
The LICQual ISO 31000:2018 Risk Management Lead Implementer course offers a deep dive into these guidelines, helping professionals to implement ISO 31000:2018 within their organizations. It focuses on practical applications, ensuring that participants are well-prepared to manage risks effectively and support strategic decision-making.
Effective risk management is a key factor in the success of any organization. By undertaking the LICQual ISO 31000:2018 Risk Management Lead Implementer course, professionals will gain the knowledge and skills required to lead risk management efforts in alignment with international standards. This certification provides a solid foundation for those looking to enhance their risk management capabilities and contribute to their organization’s resilience and growth. Whether you are an experienced risk manager or new to the field, this course will help you master the essential skills to assess, treat, and monitor risks in a structured and systematic manner, ensuring your organization is well-positioned for success in today’s dynamic business environment.
Course Overview
Qualification Title
LICQual ISO 31000:2018 Risk Management Lead Implementer
Total Units
6
Total Credits
40
GLH
120
Qualification #
LICQ2200123
Qualification Specification
To enrol in the LICQual ISO 14001:2015 EMS Lead Implementer course, applicants should meet the following criteria:
- A basic understanding of risk management principles is recommended.
- No formal qualifications are required; however, a background in risk management, business management, or a related field would be beneficial.
- A minimum of a basic understanding of business operations and the ability to apply risk management concepts to real-world scenarios.
- Previous experience in leadership, management, or project management roles may also be advantageous, but it is not mandatory.
|
Qualification# |
Unit Title |
Credits |
GLH |
|---|---|---|---|
|
LICQ2200123-1 |
Introduction to ISO 31000 |
6 |
20 |
|
LICQ2200123-2 |
Risk Management Principles |
6 |
20 |
|
LICQ2200123-3 |
Risk Management Framework |
7 |
20 |
|
LICQ2200123-4 |
Risk Identification |
7 |
20 |
|
LICQ2200123-5 LICQ2200123-6 |
Risk Assessment Integration with Management Systems |
7 7 |
20 20 |
By the end of this course, learners will be able to:
- Introduction to ISO 31000
- Understand the purpose, scope, and structure of the ISO 31000 standard.
- Recognise the key principles and benefits of ISO 31000 for organizations.
- Learn how ISO 31000 integrates with other management standards.
- Risk Management Principles
- Identify and explain the fundamental principles of risk management.
- Understand the processes involved in risk identification, assessment, treatment, and communication.
- Learn the importance of a structured approach to managing risk within organizations.
- Risk Management Framework
- Understand the components of an effective risk management framework.
- Learn the development and implementation of risk policies, processes, criteria, and monitoring.
- Assess how risk management can be integrated into organizational culture.
- Risk Identification
- Develop skills to identify potential risks across various organizational functions.
- Learn different techniques for risk identification, such as brainstorming, SWOT analysis, and scenario analysis.
- Understand the importance of a systematic approach to uncovering risks.
- Risk Assessment
- Apply methods for assessing risks in terms of likelihood, severity, and impact.
- Use qualitative and quantitative techniques for risk assessment.
- Learn how to prioritize risks based on assessment outcomes.
- Integration with Management Systems
- Understand the strategies for integrating risk management into other management systems, such as quality, environmental, and information security management.
- Learn how risk management can enhance overall organizational performance.
- Develop the ability to align risk management with the broader strategic objectives of the organisation.
This diploma is ideal for:
- Risk Managers: Responsible for developing and implementing risk management systems within organizations, ensuring that risks are identified, assessed, and managed effectively.
- Project Managers: Seeking to integrate risk management practices into project planning and execution processes, ensuring that project risks are identified and addressed proactively.
- Compliance Officers: Responsible for ensuring that organizations comply with legal and regulatory requirements related to risk management, including industry-specific regulations and standards.
- Business Continuity Managers: Overseeing business continuity planning and disaster recovery efforts, ensuring that organizations are prepared to respond to and recover from disruptive events.
- Quality Managers: Seeking to integrate risk management practices into quality management systems, ensuring that risks to product quality and customer satisfaction are identified and addressed effectively.
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.
Assessors must maintain a clear and comprehensive audit trail, documenting the basis for their assessment decisions to ensure transparency, consistency, and compliance with quality assurance requirements.
