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Governance & Public Policy

ISO 31000 Foundation

ISO 31000 Foundation equips professionals with a thorough grounding in the internationally recognised risk management standard, covering its principles, framework, and process. Participants learn to identify, assess, treat, and monitor risks in a structured, consistent manner aligned with ISO 31000:2018 guidelines. This course is ideal for anyone seeking to embed sound risk management practices within their organisation or advance their career in governance and risk.

⏱ 5 Days 📡 In-Person 🎯 Beginner From KES 80,000

About This Course

Risk is an inherent part of every organisation's operating environment, and the ability to manage it effectively is a defining characteristic of resilient, well-governed institutions. ISO 31000:2018 — the international standard for risk management — provides a universally applicable framework that helps organisations of all sizes and sectors identify uncertainties, make informed decisions, and protect value. Adopted by thousands of public and private organisations worldwide, ISO 31000 has become the benchmark language of enterprise risk management.

The ISO 31000 Foundation course from TrainingComplex is designed to give professionals a solid, structured introduction to this standard. Over five intensive days, participants explore the principles that underpin effective risk management, the governance framework that enables it, and the practical process through which risks are identified, analysed, evaluated, treated, and monitored. Real-world case studies and interactive exercises ground every concept in organisational reality, ensuring participants leave with not just theoretical knowledge but practical confidence.

Whether you are building a risk management function from the ground up, contributing to an existing programme, or simply seeking to understand the language and logic of ISO 31000, this course provides the essential foundation. Upon completion, participants will be equipped to contribute meaningfully to risk discussions, support risk governance activities, and pursue further professional development in risk management — including practitioner and lead implementer certifications.

Who Should Attend

Learning Objectives

Course Modules

Module 1: Introduction to Risk and the Purpose of ISO 31000

  • Definition of risk and uncertainty in an organisational context
  • The evolution of risk management as a discipline
  • Overview of ISO 31000:2018 — structure, scope, and intended use
  • Key terminology: risk, risk management, risk owner, risk appetite, and residual risk
  • Benefits of a standardised approach to risk management
  • How ISO 31000 relates to other governance and management standards

Module 2: The Eleven Principles of ISO 31000

  • Why principles matter as the foundation of effective risk management
  • Integrated — embedding risk management into all organisational functions
  • Structured and comprehensive — ensuring consistency and comparability
  • Customised — tailoring the framework and process to organisational context
  • Inclusive — engaging stakeholders at all levels
  • Dynamic, iterative, and responsive to change
  • Best available information and human and cultural factors as guiding principles

Module 3: The ISO 31000 Risk Management Framework

  • Purpose and components of the risk management framework
  • Leadership commitment and organisational mandate
  • Integration of risk management into governance and decision-making structures
  • Designing the framework — policy, roles, responsibilities, and resources
  • Implementing the framework across functions and levels
  • Evaluating and improving the framework over time

Module 4: Context, Scope, and Stakeholder Engagement

  • Establishing the external context — regulatory, environmental, competitive, and cultural factors
  • Establishing the internal context — strategy, structure, culture, and capabilities
  • Defining the scope and criteria for a risk management exercise
  • Identifying and mapping stakeholders and their risk-related interests
  • Communication and consultation as ongoing activities throughout the process
  • Setting risk criteria — impact scales, likelihood scales, and risk appetite statements

Module 5: Risk Identification

  • Objectives of the risk identification step
  • Sources, causes, and consequences of risk — a structured taxonomy
  • Risk identification techniques: brainstorming, Delphi method, SWOT, and scenario analysis
  • Cause-and-effect and bow-tie analysis as identification tools
  • Common risk categories: strategic, operational, financial, compliance, and reputational
  • Documenting identified risks in a structured risk register

Module 6: Risk Analysis — Understanding Risk Exposure

  • Purpose and scope of risk analysis within the ISO 31000 process
  • Qualitative analysis — likelihood and consequence descriptors and scoring
  • Semi-quantitative analysis — numerical scales and weighted scoring methods
  • Inherent risk versus residual risk — understanding the role of existing controls
  • Risk interdependencies and cascading effects
  • Populating the risk register with analysis outputs

Module 7: Risk Evaluation and Prioritisation

  • Distinguishing risk analysis from risk evaluation
  • Using the risk matrix to plot and compare risk exposure
  • Comparing results against established risk criteria and appetite thresholds
  • Prioritising risks for treatment based on significance and organisational context
  • Risk acceptance — criteria and conditions for tolerating risk without further treatment
  • Communicating evaluation outcomes to decision-makers and governing bodies

Module 8: Risk Treatment — Options, Plans, and Residual Risk

  • The four primary risk treatment strategies: avoid, reduce, transfer, and accept
  • Selecting treatment options based on cost-benefit and risk appetite
  • Designing a risk treatment plan — actions, owners, timelines, and resources
  • Implementing controls — preventive, detective, and corrective measures
  • Assessing residual risk after treatment and determining acceptability
  • Updating the risk register to reflect treatment decisions and outcomes

Module 9: Monitoring, Review, and Continuous Improvement

  • Purpose and frequency of risk monitoring and review activities
  • Key risk indicators (KRIs) — design, selection, and threshold setting
  • Internal audit and management review as monitoring mechanisms
  • Reporting risk information to leadership and governance structures
  • Learning from risk events, near misses, and treatment outcomes
  • Continuous improvement of the risk management process and framework

Module 10: Risk Culture, Leadership, and Embedding ISO 31000

  • Defining risk culture and its influence on organisational behaviour
  • The role of leadership in championing and sustaining risk management
  • Building risk awareness and competency across the organisation
  • Integrating risk management into strategic planning and project delivery cycles
  • Common challenges in implementing ISO 31000 and practical mitigation strategies
  • Next steps — ISO 31000 Practitioner, Lead Implementer, and related certifications

Requirements & Prerequisites

Participants should have a basic understanding of organisational operations and governance structures. No prior formal risk management training or certification is required, as this is a foundation-level course designed for those new to ISO 31000. A general familiarity with business concepts such as objectives, planning, and performance monitoring will be beneficial.

Training Methodology

Organisational Benefits

Where Is ISO 31000 Foundation Training Offered?

This course runs in-person across: Cape Town, Dubai, Nairobi, Abuja, Kigali, Johannesburg, Riyadh, Kisumu, Nakuru, Arusha, Mombasa, Addis Ababa, Zanzibar, Pretoria, Accra, Naivasha, Kampala, Lagos, Dar es Salaam, plus Live Virtual (online) cohorts. Browse live dates for your city below.

Upcoming Schedules

LocationFormatDatesPrice
Cape Town, South Africa In-Person 5 Oct 2026 – 9 Oct 2026 USD 3,800
Dubai, United Arab Emirates In-Person 5 Oct 2026 – 9 Oct 2026 USD 4,100
Nairobi, Kenya In-Person 5 Oct 2026 – 9 Oct 2026 KES 105,000
Abuja, Nigeria In-Person 12 Oct 2026 – 16 Oct 2026 USD 2,800
Kigali, Rwanda In-Person 12 Oct 2026 – 16 Oct 2026 USD 1,900
Live Virtual Online 17 Oct 2026 – 8 Nov 2026 KES 80,000
Johannesburg, South Africa In-Person 19 Oct 2026 – 23 Oct 2026 USD 3,500
Riyadh, Saudi Arabia In-Person 19 Oct 2026 – 23 Oct 2026 USD 4,500
Live Virtual Online 19 Oct 2026 – 23 Oct 2026 KES 80,000
Kisumu, Kenya In-Person 19 Oct 2026 – 23 Oct 2026 KES 120,000
Nakuru, Kenya In-Person 19 Oct 2026 – 23 Oct 2026 KES 120,000
Arusha, Tanzania In-Person 19 Oct 2026 – 23 Oct 2026 USD 2,100
Mombasa, Kenya In-Person 19 Oct 2026 – 23 Oct 2026 KES 115,000
Addis Ababa, Ethiopia In-Person 19 Oct 2026 – 23 Oct 2026 USD 2,400
Zanzibar, Tanzania In-Person 19 Oct 2026 – 23 Oct 2026 USD 2,500

+237 more dates — view live schedule →

Frequently Asked Questions

Do I need prior risk management experience to attend this course?

No prior risk management experience is required. This is a foundation-level course specifically designed for professionals who are new to ISO 31000 or who want to formalise their understanding of the standard. A general familiarity with organisational operations is sufficient preparation.

Will I receive a certificate upon completing the course?

Yes. Participants who attend and complete the full five-day programme will receive a TrainingComplex Certificate of Completion for ISO 31000 Foundation. This certificate demonstrates foundational competence in the ISO 31000 standard and can support applications for further professional certifications.

Is this course aligned with the latest version of ISO 31000?

Yes, the course content is fully aligned with ISO 31000:2018, the current edition of the standard. All principles, framework components, and process steps reflect the 2018 revision, which replaced the original 2009 version.

How does this foundation course differ from an ISO 31000 Practitioner or Lead Implementer course?

The Foundation course provides a thorough grounding in the concepts, terminology, principles, and processes of ISO 31000 without requiring participants to independently design or lead a full risk management programme. Practitioner and Lead Implementer courses build on this foundation, requiring participants to apply and integrate the standard in complex real-world settings.

Can this course be delivered in-house for an entire team or department?

Yes, TrainingComplex offers customised in-house delivery of this course for organisations wishing to train a team or department together. In-house delivery allows the facilitator to tailor case studies and exercises to your organisation's sector, context, and existing risk management practices.

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