VIII-R41 ISO 31010
ISO 31010 Principles and Management

May 21, 2015
Stuttgart, Germany

Lecturer: Aleksandar S. Jovanovic

The course deals with the issues related to practical implementation of ISO/IEC 31010 standard 31010:2009 (codified by The International Organization for Standardization and The International Electrotechnical Commission (IEC)). The standard itself intends to provide support for implementation of the main, ISO 31000 standard, giving principles of risk assessment and the risk management process. The course provides information as to the selection and application of the risk assessment techniques tackled in the standards and gives examples of application of single methods/techniques in engineering, insurance, finances and general risk analysis.

The emphasis of the course is on new and alternative methods (e.g. those expert opinion or big data oriented), which can be used for better identifying the risks and the reason for their occurrence, as well as for better assessing the probabilities and factors determining the consequences.

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