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Risk Management Excellence with ISO 31000 Frameworks.

Academic Video Online: Premium - United States Available online

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Format:
Video
Language:
English
Physical Description:
1 online resource (81 minutes)
Place of Publication:
[Place of publication not identified] : PACKT Publishing, 2025.
Language Note:
In English.
System Details:
video file
Summary:
<b>Unlock risk management with the ISO 31000 framework! Learn to identify, assess, and manage risks effectively using proven techniques like FMEA, HAZOP, Monte Carlo, and more in this comprehensive course.</b><h4>Key Features</h4><ul><li>Gain practical skills in risk identification, evaluation, and mitigation</li><li>Understand how to integrate ISO 31000 principles into organizational processes</li><li>Explore tools like the Bow Tie Method, Decision Trees, and Sensitivity Analysis</li></ul><h4>Book Description</h4>In this course, you will gain an in-depth understanding of risk management through the ISO 31000 framework. Starting with the fundamentals, we will define risk according to ISO 31000, compare it with other global standards, and trace the evolution of ISO 31000. You'll explore how ISO 31000 provides a structured approach to managing risk, emphasizing its core principles and processes that guide organizations in making informed decisions. Moving into advanced risk identification and management techniques, this course introduces ISO 31010, SWIFT, Fault Tree Analysis (FTA), Event Tree Analysis (ETA), and many more methodologies. You’ll learn how to apply these tools to identify and evaluate risks effectively, from understanding the causes of failures with FTA to modeling risk and uncertainty with Monte Carlo simulations. We will also explore how to conduct Stress Test Analysis, HAZOP, and Failure Mode and Effects Analysis (FMEA), enabling you to assess the resilience of systems and identify critical risk points. By the end of the course, you will be well-equipped to implement the ISO 31000 framework in any organization, use advanced risk assessment methods. Whether you're involved in corporate risk management or process optimization, this course provides you with the knowledge to manage risk effectively.<h4>What you will learn</h4><ul><li>Understand the ISO 31000 framework and its role in effective risk management</li><li>Apply advanced techniques such as FMEA, HAZOP, and Monte Carlo to evaluate risks</li><li>Identify and assess risks using methods like Fault Tree Analysis and Event Tree Analysis</li><li>Conduct Business Impact Analysis (BIA) and Sensitivity Analysis for better decision-making</li><li>Implement strategies to mitigate risks and improve organizational resilience</li><li>Use ISO 31000 principles to structure risk management processes and drive continuous improvement</li></ul><h4>Who this book is for</h4>This course is ideal for risk managers, quality managers, and professionals involved in decision-making and process management. It is also suited for anyone interested in learning about ISO 31000 and improving their skills in risk identification, assessment, and management.
Notes:
Title from resource description page (viewed July 20, 2026).

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