ERM and ISO 31000 Training

Risk Management Training Event
Enterprise Risk Management & ISO 31000

Program Details

Download Brochure

City: Mumbai
Time - 9.30 am to 5.30pm
•Rs 4,500 plus Service Tax
•June 13,2013
•Location – Western Surbuban Hotel, Andheri East, Mumbai

Background on ERM and ISO 31000
Risk is now defined as the “effect of uncertainty on objectives”.
In November 2009, the International Organization of Standardization (ISO) released the first international risk management standard titled ISO 31000:2009 Risk Management – Principles and Guidelines. The standard provides guidance and a common platform for managing risk.

The Challenge
Organisations are experiencing increased focus on risk management. The challenge for companies is to evaluate how much risk a company can take to meet as it strives towards achieving the organisation’s objectives and delivering value.

The solution to this challenge is the implementation of a formal and a structured Enterprise Risk Management (ERM) system and processes that effectively identify, assess, and manage risk within acceptable levels.

Overview and Summary
The course provides participants the understanding of risk management concepts and provides them with practical tools and methods required for implementation of the framework.
This is an instructor led course designed to provide a practical understanding of the new global framework for risk management. In this one day intensive course, participants gain a complete understanding for implementing risk management processes in their organization. Practical exercises and case studies help to better understand concepts and evaluation of multiple methods and techniques.


Understanding the Concept of Risk and ERM
Basics of ISO 31000
• Concepts and definitions related to risk management
• Risk management standards, frameworks and methodologies
• Background of ISO 31000 and its comparison with COSO’s Enterprise Risk Management Framework
• Objectives of an ERM System
• Benefits and limitations of ERM System
• ISO 31000 Terms and definitions, Principles and Framework
• Corporate Governance & Risk Governance
• Developing and Documenting an ERM Policy
• Risk Governance and Committees

Undertaking Risk Identification and Assessments
• Risk Identification & Risk Assessment Techniques
• Fraud Risk Assessment
• Information Technology Risk Assessment
• Assessing the Impact & likelihood
• Risk Rating and Categorization
• Building comprehensive Risk Register
• Examples of Key Risks by industry

Implementing Risk Response Strategy
• Setting the Risk Appetite
• Treatment and controlling of Risk
• Reducing the Risk Likelihood
• Disaster Recovery Planning / Business Continuity Planning

Risk Reporting
• Monitoring and Reporting on ERM System
• Meeting the Stakeholders Expectations Through ERM
• Role of ERM in Strengthening Corporate Governance
• Contemporary and Emerging Issues
• Key Risk Indicators
• Risk Reporting and Risk Analytics
• Risk Dashboards based on complete risk management framework
• Examples of communication and monitoring techniques

Course Pricing, Dates and Location

• Rs 4,500 plus Service Tax
• Location – The Mirador Hotel, Andheri East – Mumbai

• Rs 3,000 plus Service Tax
• Location – MCCIA Conference Hall - Pune

( )

Training Methodology and Course Content
This is an interactive one-day course that combines formal theoretical presentations, case studies and risk assessment exercises.
• Delegate Course Material includes full set of presentation slides
• Delivery by Risk Management Experts with practical experiences
• Additional Handouts based on exercised and recent news coverage
• Completion certificate by email

Training Objectives
The goal of this course is to provide you an overview of the risk framework and related framework implementation requirements. The training program is designed to ensure that participants can implement it in their organisation with minimal external consulting support.

More information
Kindly Send nomination along with the payment and contact details (Name, Contact Number, email id) to :

Manoj Jain at (+91- 98337 67114:: Mumbai). Payments to be in the name of “Riskpro India Ventures Private Limited”

Other Services of Interest

  • Information Security Policies - Full Set

    Riskpro has put together a complete documentation toolkit for ISMS /ISO 27001 framework. To purchase this work template based toolkit, please send an email to
  • SSAE 18 - SOC Audit and Attestation Services

    Riskpro's unique approach to SSAE engagement is sustained value addition to your business. Our readiness services enable you to remediate the control gaps in an efficient manner that not only help to...
  • SSAE 18 - SOC Audit and Attestation Services

    Riskpro has been providing SSAE 16/ now SSAE 18 and other information security services for over two years. Here are some of the major benefits our clients are experiencing. Benefits of SOC Audit...
  • Cybersecurity Checklist - NIST Framework

    Riskpro has developed a cybersecurity checklist based framework to perform a self assessment of cyber risk preparedness. Please email to obtain more information on this.
  • Risk Management for Corporates

    Banks are often seen in the forefront of any risk management discussion and it is often perceived that Risk Management is synonymous with Banking. But this is not entirely true. It is true that Banks...
  • Three Months Post Graduate Program in Risk Certification

    Riskpro is proud to announce its partnership with TIMSR to provide a three months (and extended six months) Post Graduate Program in Risk Management in Mumbai. Please email for more...
  • Go to top