ISO 31000:2018 - RISK
MANAGEMENT SYSTEM

Overview

ISO 31000 is an international standard for Risk Management that provides a set of principles, a Risk Management framework and process, which help organizations take a proactive approach to risks that they face. ISO 31000 helps organizations to develop, implement and continuously improve a framework that aims to integrate Risk Management strategies into the overall organizational processes including decision-making. The Risk Management process involves following five steps that identify circumstances, detect risk-associated hazards, assess, and determine the risk, control evaluated risks and review the impact of the risks.

This international standard is important if you are interested in providing yourself with comprehensive guidelines that will help your organization strengthen its indecision-making process and overall management. ISO 31000 is intended to simplify the task of governing complex situations that require crucial decisions to be made towards a structured approach of identifying and judging risks.

Benefits of ISO 31000 Certification

 Gain competitive advantage – enhanced risk management will support achieving goals and objectives

 Reduce costs through proper risk management

 Respond to change effectively and find viable solutions

 Increase the likelihood of achieving objectives

 Productively identify the opportunities and threats

 Identify and mitigate the risk throughout the organization

 Gain stakeholder confidence and trust

 Create a consistent basis for decision making and planning

ISO 31000 Foundation (FD):

The ISO 31000 Foundation training course presents the basic principles and approaches of managing risks and opportunities based on the guidelines of ISO 31000. This training course focuses on the main components of ISO 31000: basic terms and definitions, principles of risk management, risk management framework, and risk management process. In addition, each step of the risk management process is analyzed and elaborated individually.

After completing this course, participants can sit for the exam. Once participants meet the pass mark, he/she will be given an “SandBP Certified ISO 31000 Foundation” credential. An SandBP Foundation Certificate shows that the participants have understood the fundamental methodologies, requirements, framework, and management approach.

ISO 31000 Champion(CH):

Our ISO 31000:2018 Champion Certification Course, designed to empower individuals with the expertise needed to drive successful implementation of ISO 31000:2018 within their organizations. This comprehensive course not only covers the fundamental principles and guidelines of ISO 31000:2018 but also delves into the crucial role of ISO champions in ensuring a risk-aware workplace.
After completing this course, participants can sit for the exam. Once participants meet the pass mark, he/she will be given a “SandBP Certified ISO 31000:2018 (Risk) Champion” credential. A SandBP Champion Certificate shows that the participants have understood the fundamental methodologies, practical knowledge and professional capabilities to assist in the adoption of ISO 31000 in an organization

Learning Objectives

  • Understand the Principles of ISO 31000:2018: Gain a comprehensive understanding of the principles, concepts, and guidelines outlined in ISO 31000:2018, focusing on the standard's role in promoting effective risk management practices.
  • Apply ISO 31000 in Real-World Scenarios: Develop the ability to apply ISO 31000 principles in practical, real-world scenarios, including the identification, assessment, and management of risks across diverse organizational contexts.
  • Lead and Facilitate Risk Management Processes: Acquire the skills to lead and facilitate risk management processes within the organization, ensuring alignment with ISO 31000 requirements.
  • Oversee Compliance and Audits: Learn to oversee compliance with ISO 31000 requirements, including the ability to conduct and participate in internal audits. Develop skills in assessing the effectiveness of risk management practices and identifying areas for improvement.
  • Promote a Risk-Aware Culture: Cultivate the skills to promote a risk-aware culture within the organization. This includes creating awareness, conducting training sessions, and effectively communicating the value of integrating risk management into decision-making processes.
ISO 31000 champion

ISO 31000 Manager(MG):

The ISO 31000 Risk Manager training course helps participants acquire the knowledge necessary and ability to integrate the risk management guidelines of ISO 31000 in an organization. It provides information about the risk management principles and their application, as well as the core elements of the risk management framework and steps for a risk management process. In addition, it provides the basic approaches, methods, and practices for assessing risk in a wide range of situations.

After mastering all the necessary concepts of Risk Management, participants can sit for the exam. Once participants meet the pass mark, he/she will be given an “SandBP Certified ISO 31000 Risk Manager” credential. By holding an SandBP Lead Implementer Certificate, the participant can be able to demonstrate that he/she has the practical knowledge and professional capabilities to implement ISO 31000 in an organization

Terms of Certification

 Candidates who score 70% and above in the examination will be issued an SANDBP certificate.

 In case you do not meet the pass mark, you can retake the exam for FREE after the first attempt while subsequent retakes would come at a cost.

Criteria for Suspending and Withdrawing the Scope of Certification

SANDBP reserves the right to suspend or revoke certifications for reasons including fraud, deceit, or submission of inaccurate data.

Process:

 Certificate holders will be notified by certified mail if evidence of charges is found.

 They may present their defense in writing to the certification board.

 The board will review the case and decide to uphold or deny the suspension/revocation.

Causes for Suspension/Withdrawal:

 Improper use of certificates/logos

 Malpractices

 Providing false information

 Ineligibility for applied examinations

 Voluntary suspension requests

Recertification Process

Recertification ensures that certified individuals maintain their knowledge and skills in line with the latest standards and practices. It is a critical process that reaffirms the competency of certified professionals, allowing them to stay current with evolving industry standards.

Criteria for Recertification:

 Transition Exam:

  • Individuals must take and pass a transition exam when there is a change in the current version of the certification standard.
  • The transition exam focuses on the updates and changes in the new version of the standard,     ensuring that certified individuals are knowledgeable about the latest requirements and practices.

 Adherence to Code of Ethics:

Certified individuals must adhere to a code of ethics, demonstrating professionalism and integrity in their practice. Any violations of the code of ethics may result in the suspension or revocation of certification

 Payment of Recertification Fees:

Payment of the required recertification fees is necessary to process and validate the renewal of certification.

Introduction

To maintain the integrity and fairness of our examinations, specific guidelines have been established for proctoring. These rules apply to all candidates and must be adhered to strictly. Failure to comply may result in disqualification or other disciplinary actions.

General Requirements

Technology Setup

  •  Device: Use a desktop or laptop with a working webcam and microphone. Mobile phones or tablets are not permitted unless explicitly allowed.
  •  Internet: Ensure a stable internet connection with sufficient bandwidth to stream video and audio continuously.
  •  Browser: Use the designated browser as specified by the exam platform.
  •  Power Backup: Ensure your device is fully charged and/or connected to a reliable power source.

Environmental Setup

  •  Location: Choose a quiet, well-lit room with minimal distractions.
  •  Background: Ensure the background is plain and free of any clutter or distractions.
  •  Privacy: No other person is allowed in the room during the examination.

Pre-Exam Procedures

Present a valid government-issued photo ID or institution-approved identification document. Ensure that no unauthorized materials (e.g., books, notes, or electronic devices) are present.

During the Exam
Behavior Guideline
  •  Focus on the Screen: Avoid looking away from the screen for extended periods.
  •  No Assistance: You are prohibited from receiving help from anyone or any external resource.
Prohibited Items
  •  Electronic devices such as mobile phones, tablets, smartwatches, and earphones.
  •  Books, notes, or any other study material unless explicitly permitted.
Proctor Interaction
  •  Follow all instructions given by the proctor.
  •  If contacted for clarification or rule enforcement, respond promptly and cooperatively.
  •  Inform the proctor immediately in case of technical issues.

Post-Exam Procedures

Submission
  •  Ensure your exam responses are submitted within the designated time.
  •  Do not close the exam window or disconnect until you receive confirmation that your submission is successful.
Feedback
  •  Report any technical issues or concerns to the designated support team immediately aƜer the exam.

Violations and Consequences

Examples of Violations

  •  Using unauthorized materials or devices.
  •  Attempting to impersonate another candidate.
  •  Engaging in suspicious behavior (e.g., frequent movement, talking).
  •  Disconnecting intentionally without justification.

Consequences

  •  Warnings for minor infractions.
  •  Disqualification of the exam attempt for major violations.

Support and Troubleshooting

Contact the technical support team in case of any issues with logging in, connectivity, or proctoring tools. (support@sandbp.net)

FREE

  • Level : Foundation
  • Duration: 1 Day
  • Exam Duration : 1 hour
  • Retake Exam: Yes
  • Passing Score: 70%
Enroll Course

$60

  • Level : Champion
  • Duration: 2 Days
  • Exam Duration : 1hr 30min
  • Retake Exam: Yes
  • Passing Score: 70%
Enroll Course

$170

  • Level : Manager
  • Duration: 4-6 Days
  • Exam Duration : 2 hours
  • Retake Exam: Yes
  • Passing Score: 70%
Enroll Course