ISO 31000:2018 - RISK MANAGEMENT SYSTEM
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Description
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
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ISO 31000 Foundation:
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.
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ISO 31000 Risk Manager:
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
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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:
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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
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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.
