European Master and Certification Program
in Risk Engineering and Management

B9/F4-1:
Principles and Methods of ISO 31000

Course code: 181781
Language of instruction: English
Lecturers: Prof. Dr. Aleksandar S. Jovanovic (Steinbeis EU-VRi GmbH), Prof. Dr. rer. pol. Dr. h.c. Ortwin Renn (Universität Stuttgart (ZIRIUS))
Assessment: Defined in the module

Short description

The course covers the International Standard of ISO 31000:2009 highlighting the relationship between the risk management principles, framework and process as described in this International Standard. The course also highlights issues related to the applicability of the standard in industry and in general.



Objectives

At the end of the course, attendees are expected to have basic knowledge about:

  • main principles of the ISO 31000 standard
  • ISO 31000 framework for managing risk
  • implementation principles of the ISO 31000 standard
  • related standards
  • open issues in ISO 31000
  • further development of ISO 31000 (ISO 31004, new revisions)


Target Attendees / Participants

The course is intended for:

  • professionals responsible for developing risk management policy within their organization
  • professionals accountable for ensuring that risk is effectively managed within the organization as a whole or within a specific area, project or activity
  • professionals dealing with evaluation of an organization's effectiveness in managing risk
  • developers of standards / guides / procedures / codes of practice that, in whole or in part, set out how risk is to be managed within specific context(s)
  • other professionals (engineers, managers, inspectors, legislators, …) who wish to deepen their knowledge in the field of risk management standardization
  • individuals with no previous experience in the field of risk management standardization, but willing to extend their knowledge and take up new roles in this field within their companies
  • university students of Steinbeis European Master Program in Risk Engineering and Management, and similar programs


Course Content by Units

Unit 1: Introduction to the ISO 31000 philosophy and principles

· Explanation on the philosophy and basic principles of ISO 31000

Review and conclusions of the Unit 1. Questions and answers.

 

Unit 2: ISO 31000 Framework

· Overview of the ISO 31000 framework for risk management

Review and conclusions of the Unit 2. Questions and answers.

 

Unit 3: Implementation principles of ISO 31000

· Explanation on implementing the ISO 31000 risk management framework

Review and conclusions of the Unit 3: Questions and answers

 

Unit 4: Practical aspects of implementation

· Elaboration on the practical aspects of implementing ISO 31000

Review and conclusions of the Unit 4: Questions and answers

 

Unit 5: Review and final discussion

Review of main course issues and final discussion

Closing the course




Teaching Methods

The course includes:

  • introductory note explaining aim and structure of the course, and used methodology as well
  • ex cathedra lecturing illustrated by number of examples
  • review of main topics in the end of each lecturing unit

Literature

[1]     ISO 31000:2009 Risk management — Principles and guidelines on implementation.

[2]     Jovanovic, A. et al. (2012). iNTeg-Risk D2.1.2.1: iNTeg-Risk ERMF - The Emerging Risk Management Framework, EU project iNTeg-Risk, Project Nr. CP-IP 213345-2, Contact: EU-VRi, Stuttgart, Germany.

[3]     ISO 14001:2004 Environmental management systems - Requirements with guidance for use.

[4]     ISO 14044:2006 Environmental management - Life cycle assessment - Requirements and guidelines.

[5]     ISO 26000:2010 Guidance for social responsibility.

[6]     ISO 27000: 2009 Information technology - Security techniques - Information security management systems - Overview and vocabulary.

[7]     ISO/IEC 31010:2009 Risk management - Risk assessment techniques.

[8]     ISO Guide 73:2009 Risk management – Vocabulary.

[9]     ISO/IEC Guide 51:1999 Safety aspects -- Guidelines for their inclusion in standards

[10]  Aven, T., Renn, O. (2010). Risk Management and Governance: Concepts, Guidelines and Applications (Risk, Governance and Society), Springer.

[11]  BS 31100:2011 Risk management. Code of practice and guidance for the implementation of BS ISO 31000

[12]  ISO/AWI 31004 Risk management -- Guidance for the implementation of ISO 31000



For more information about the European Master and Certification Program in Risk Engineering and Management in general, go the Homepage.
For more information about the European Master Program in Risk Engineering and Management in general, go the Master Study page.
To see more courses in the curriculum, go to The curriculum page, or by date and topic go to the Calendar of Courses page.
Contact: via email sti889@risk-technologies.com or phone +49 711 1839 781 or +49 711 1839 647
(Course profile ID: B9/F4-1:, generated on March 28, 2024)