A ISO Training Course
Risk Champion Masterclass
Building the ISO 31000 Model for Risk Management Process
Course Overview
This Risk Champion Masterclass, aims to develop Enterprise Risk Management (ERM) Champions able to drive ERM initiatives by allowing them to acquire knowledge and skills necessary to undertake the implementation of a comprehensive Integrated Risk Management (IRM) model across the enterprise.
It will help them distinguish the respective Risk Ownership roles at the Business Units from those Supportive Roles at the Assurance and Control Functions like Internal Control, Compliance, Risk and Internal Audit.
This training course adopts a combined approach of comprehensive lectures covering the stages of the Risk Management process based on the ISO 31000 standard model, coupled with practical workshops addressing the application side of the subject.
This training course is targeting participants from the Human Capital in charge of Managing Risks and Supporting the ERM success within the organization, and will equip them with the best practice tools and instruments required to perform their roles and responsibilities effectively and competently.
This GLOMACS Risk Champion Masterclass will highlight:
- Risk Management and Risk Management Process
- Risk Identification and Formulation
- Risk Ranking and Treatment
- Risk Control
- Risk Management Implementation
- Risk Language and Risk Management Vocabulary
Training Outline
DAY 1: Risk Management Process
- What is Risk, What is Risk Management?
- Types of Risks, Risk Management Approaches
- Risk Management Structure
- The Risk Management Process (ISO 31000)
- Establishing the Context
- Risk Identification
DAY 2: Risk Identification and Formulation
- Risk Classification
- External Environment
- Internal Organization
- Risk Assessment (Identification and Analysis) Techniques
- Horizon Scanning
- Information Gathering Techniques
- Information Processing Tools
- Risk Formulation (The Cause and Effect Relationship of Risk)
DAY 3: Risk Ranking and Treatment
- Risk Prioritization and Ranking (The Risk Ranking Matrix)
- Risk Evaluation, Risk Vulnerability
- Risk Appetite, Risk Tolerance and Risk Capacity
- Risk Profile
- Risk Treatment and Response
- Risk Monitoring and Reviewing
- Risk Communication, Escalation and Reporting
DAY 4: Risk Control
- Organizational Resilience and Business Continuity Planning
- Risk Control Techniques
- Using Key Risk Indicators (KRI’s)
- Creation of a Risk Register
- Risk Management Challenges
- Risk Maturity
- Enterprise Risk Management (ERM)
DAY 5: Risk Management Implementation
- Risk Management Framework
- Risk Strategy
- Risk Appetite Statement (RAS)
- Risk Governance
- Risk Readiness Checklist
- Leading Practices in Risk management Implementation
- Risk Language and Risk Management Vocabulary
Certificates
- On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
- Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Accreditation
GLOMACS, an ISO certified organisation, also offers ISO standard training courses that aims to help organisations ensure better process for safety and quality set by the International Organization for Standardization, a worldwide federation of national standard bodies.
GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.
Providers and Associations
About Saudi Glomacs
At Saudi GLOMACS, we specialize in delivering world-class training courses in Saudi Arabia and across various international locations. Our training courses are tailored to meet the unique demands of Saudi Vision 2030 and the Human Capability Development Program, focusing on empowering Saudi citizens and enhancing workforce skills. We offer diverse courses spanning leadership, management, engineering, and technical disciplines to cultivate expertise and drive professional growth. Our flexible learning options—whether in-person, online, or in-house—ensure accessibility and convenience for individuals and organizations alike.
With over 30+ years of experience through the GLOMACS global network, we are committed to delivering innovative, results-driven training solutions. Our expert instructors combine industry knowledge with dynamic teaching methods, fostering practical skill development and long-term career success. By choosing Saudi GLOMACS, you're investing in personal excellence and contributing to the Kingdom’s sustainable economic growth and vision-driven transformation.
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