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Risk management is the identification, assessment, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of an incident or to maximize the realization of opportunities.
Risk management’s objective is to assure uncertainty does not negatively impact strategic objectives of the organization.
eLearning or 1 day instructor-led course
*Certificate of Learning in Risk Management
Audience: Those involved in the any of the disciplines in an organization that manage risk.
Description: Understanding how to manage risk throughout the organization both within a specific discipline as well as at the strategic level is a responsibility for personnel at all levels of the organization. RM 1000 introduces the principles and guidelines of ISO 31000: Risk Management – Principles and guidelines.
RM 1000 also provides information on how to utilize risk management techniques as well as how to document risk appetite.