Business risk management – ISO 31000 for Engineers

Why Attend

Business Risk Management is an essential aspect of any engineering project. The goal of Business Risk Management is to identify, assess, and prioritize risks and develop strategies to minimize their impact on the project. ISO 31000 is a globally recognized standard for managing risks in organizations. This training program is designed to provide engineers with an understanding of Business Risk Management principles and the application of ISO 31000 in engineering projects.

Overview

Course Outline

Schedule & Fees

Course Methodology

Instructor-led training that uses interactive learning methods, including class discussion, small group activities, and role-playing

Course Objectives

To provide an understanding of the concept of Business Risk Management and its principles for engineers; To understand the relationship between Business Risk Management and ISO 31000 for engineers; To develop the skills to identify, evaluate, and prioritize Engineering Risks; To understand how to develop a Risk Management Framework for Engineering Projects; To develop the skills to manage Engineering Risks using ISO 31000; To understand how to implement ISO 31000 in Engineering Projects

Target Audience

This training program is designed for engineers and other professionals who are responsible for managing risks in engineering projects. To provide an understanding of the concept of Business Risk Management and its principles for engineers; To understand the relationship between Business Risk Management and ISO 31000 for engineers; To develop the skills to identify, evaluate, and prioritize Engineering Risks; To understand how to develop a Risk Management Framework for Engineering Projects; To develop the skills to manage Engineering Risks using ISO 31000; To understand how to implement ISO 31000 in Engineering Projects

Target Competencies

n/a

Day 1:

Introduction to Business Risk Management and ISO 31000 for Engineers

Introduction to the concept of Business Risk Management
Overview of ISO 31000 and its principles as they apply to engineering projects
Understanding the relationship between Business Risk Management and ISO 31000 for engineers
Overview of the 5-day training program

Day 2:

Understanding Engineering Risks

Types of Engineering Risks
Identifying Engineering Risks
Evaluating Engineering Risks
Prioritizing Engineering Risks

Day 3:

Developing a Risk Management Framework for Engineering Projects

Developing a Risk Management Policy for Engineering Projects
Establishing a Risk Management Team for Engineering Projects
Implementing a Risk Management Process for Engineering Projects
Integrating Risk Management into the Engineering Project Processes

Day 4:

Managing Engineering Risks using ISO 31000

Implementing a Risk Assessment Process for Engineering Projects
Developing Risk Treatments for Engineering Projects
Monitoring and Reviewing Risks in Engineering Projects
Continuous Improvement of the Risk Management Process for Engineering Projects

Day 5:

Implementing ISO 31000 in Engineering Projects

Integrating ISO 31000 into the Engineering Project Management System
Implementing an ISO 31000-compliant Risk Management Process for Engineering Projects
Evaluating the Effectiveness of the Risk Management Process for Engineering Projects
Continuous Improvement of the ISO 31000-compliant Risk Management Process for Engineering Projects

$2875

Port Louis

Country: Mauritius

Duration: One week

Date: 27–31 Oct 2025

$3275

Shanghai

Business risk management – ISO 31000 for Engineers

Overview

Course Outline

Schedule & Fees

Course Methodology

Course Objectives

Target Audience

Target Competencies

$2875

Country: Mauritius

Duration: One week

Date: 27–31 Oct 2025

$3275

Country: China

Duration: One week

Date: 15–19 Jun 2026