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
- Risk officers and risk coordinators seeking a formal grounding in ISO 31000
- Compliance and internal audit professionals responsible for organisational governance
- Project managers and programme officers who manage uncertainty across initiatives
- Strategic planners and business analysts involved in decision-making under uncertainty
- Senior managers and team leaders accountable for departmental risk oversight
- Governance, legal, and policy professionals supporting enterprise risk frameworks
- Quality assurance and operational excellence practitioners
- NGO, government, and public sector officers managing institutional risk
Learning Objectives
- Explain the purpose, structure, and key terminology of ISO 31000:2018
- Describe the eleven core principles of risk management as defined by the standard
- Outline the components and attributes of an effective risk management framework
- Apply the ISO 31000 risk management process — from context establishment through to communication and monitoring
- Conduct risk identification using structured techniques appropriate to organisational context
- Perform qualitative and semi-quantitative risk analysis and evaluation
- Select and apply appropriate risk treatment options aligned with organisational risk appetite
- Design and maintain a risk register consistent with ISO 31000 guidance
- Explain the roles of leadership and governance in creating and sustaining a risk culture
- Distinguish ISO 31000 from related standards and frameworks including ISO 9001, ISO 27001, and COSO
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
- Structured presentation of ISO 31000:2018 clauses with annotated standard excerpts and guided reading exercises
- Case study analysis drawn from real public and private sector risk events across Africa and the Middle East
- Facilitated group workshops where participants build a risk register for a simulated organisational scenario
- Risk identification exercises using techniques including brainstorming, SWOT analysis, and cause-and-effect mapping
- Risk matrix construction and scoring exercises using qualitative likelihood and consequence scales
- Role-play discussions exploring how risk owners, risk managers, and governing bodies interact within a framework
- Template-based practical work using ISO 31000-aligned risk register, treatment plan, and monitoring report tools
- End-of-day reflection sessions linking daily learning to participants' own organisational contexts
- Pre- and post-module knowledge checks to consolidate understanding and identify gaps
- A culminating individual exercise in which each participant drafts a brief risk management plan for their own workplace scenario
Organisational Benefits
- Builds a common, internationally recognised risk management language across the organisation
- Strengthens governance and accountability structures through structured risk oversight
- Reduces the likelihood and impact of operational, financial, and reputational risks
- Supports regulatory compliance and demonstrates due diligence to stakeholders and auditors
- Improves decision-making quality by embedding risk thinking into planning and strategy
- Enhances project and programme outcomes through proactive risk identification and treatment
- Creates a pipeline of qualified risk professionals for internal succession and capacity building
- Positions the organisation for ISO-aligned certification journeys and international benchmarking
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
| Location | Format | Dates | Price |
| 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.
View Live Schedule & Book →