An Introduction to Risk Management

Risk management is an integral part of asset management, and the ISO 31000 standard for risk management is often referred to as ISO 55000’s “sister”. It is therefore important to get a handle on risk and risk management principles, as well as the related concepts of “compliance” and “governance”. 

This course is largely structured according to the risk management framework in ISO 31000, covering all its steps as well as related concepts such as the risk register, the hierarchy of risk management, management of change and the three lines of defense against risk. A real-life case study is discussed to illustrate how neglecting risk management resulted in a catastrophe.

Duration: 3 hours