An Interactive 5-Day Training Course

Risk Champion Masterclass

Building the ISO 31000 Model for Risk Management Process

08 - 12 Jun 2026
London
| $5950
03 - 07 Aug 2026
Dubai
| $5950
23 - 27 Nov 2026
London
| $5950
08 - 12 Jun 2026
Online
| $3950
23 - 27 Nov 2026
Online
| $3950

Introduction

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:

Key Learning Outcomes

At the end of this Risk Champion Masterclass, you will be able to:

Training Methodology

A highly interactive training couse, where all delegates will be encouraged to engage and participate, share and gain from each other’s knowledge and experience.

The classroom lectures will rely on a bullet based slide presentation coupled with practical workshops wherever applicable.

Risk Champion Masterclass

Who Should Attend?

This Risk Champion Masterclass is of direct relevance to Public sector as well Private sector Organizations which are planning to implement – or are already implementing – their core ERM , and will help achieving tangible  improvements in:

  • Adopting an adequate Risk Management Framework  
  • Integrating Risk Management as a built-in business operation
  • Clarifying the Risk Management Roles & Responsibilities (Who is supposed to do What?)
  • Better Utilization of Available Constrained Resources
  • Building a high resilient, high reliable operation capable of maximizing the up side of risks (opportunities) and reducing its downside (threats)
  • Organization’s sustainability and capacity for profitable growth

Learning Journey Breakdown

  • 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
  • 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)
  • 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
  • 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)
  • 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

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