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5-Day Training Course

Risk Champion Masterclass

Building the ISO 31000 Model for Risk Management Process

Course Overview

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 Energy Training Centre training course will highlight:

  • Risk Management and Risk Management Process
  • Risk Identification and Formulation
  • Risk Ranking and Treatment
  • Risk Control
  • Risk Management Implementation
  • Risk Language and Risk Management Vocabulary

Course Objectives

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

  • Understand the definitions of key terms of Risk & Risk Management
  • Explore the different stages of the Risk Management process
  • Apply tools and techniques used for Risk Identification & Formulation
  • Study Risk Ranking and Risk Treatment procedures
  • Learn about Risk Appetite, Risk Tolerance
  • Apply Risk Escalation and Reporting procedures
  • Understand the Enterprise Risk Management model
  • Discuss the Risk Management Implementation planning

Training Methodology

A highly interactive class, 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.

Who Should Attend

This Risk Champion Masterclass is targeting all those who are in charge or involved in the Risk Management process, from design to implementation, at the Business Units as well the Assurance and Control Functions:

  • Risk Champions
  • Chief Risk / Compliance Officers
  • Chief Internal Audit
  • Risk / Compliance Managers
  • Risk / Compliance Officers
  • Business Unit Heads
  • Function / Department Heads    
  • Risk Management Function
  • Internal Audit Function
  • Internal Control Function

Course Curriculum

  • 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

Certificates Awarded

Certificate of Completion

After successfully completing this training course, participants will be awarded The Energy Training Centre Certificate of Completion — a respected validation of their dedication to continuous learning and professional excellence. This certificate signifies that participants have gained the essential knowledge and skills required to make a measurable impact in their field.

Upcoming Sessions
London, UK
Live Virtual Session
London, UK
Live Virtual Session
Dubai, UAE
Munich, Germany
London, UK
Live Virtual Session

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Frequently Asked Questions

Our training courses are conducted at partnered hotels located within the specified training areas. Please note that venue assignments may vary based on availability. For the most current information, do not hesitate to contact us at [email protected].

Yes, we do. We provide tailored training courses designed to meet the specific requirement of larger group of individuals. These customized training courses can be conducted both classroom and online formats, allowing you the flexibility to choose you preferred dates and duration.

Please contact us at [email protected] to discuss your group’s training needs, and we’ll work with you to create a personalized training course that aligns with your objectives.

Upon successful completion of the training course, you will receive The Energy Training Centre Certificate of Completion with corresponding learning hours.

Yes, special discounts are available upon request if you have more than one registrant for a course. For further information please email us at [email protected]

We offer two convenient payment options:

  • Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
  • Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.

Upon receiving your registration details, either via email at [email protected] or through our online registration form, we will send you the following by email within 24-48 hours of registration.

  • Joining Instructions
  • Invoice/receipt (where appropriate)

There are two convenient options to register for a training course:

  • Online Registration Form – Register for your desired training course by completing the online registration form available on our website. Simple click on the registration button or select your preferred dates and provide the requested information.
  • Email Registration – You can email us your intention to register at [email protected]. Our team will guide you through the registration process and provide assistance you may need.

We understand that time zones may be different between our Senior Consultants and our delegates. Our standard online course timings (11:00 AM to 4:00 PM, GMT+4 – Dubai, UAE) may be adjusted upon confirming the programme. Our team shall communicate between the confirmed registered delegates and suggest a suitable course timing for all.

Our standard course duration for our classroom programmes is 6 hours per day while our online session is 5 hours per day.

Our training courses span across diverse industries, encompassing sectors such as but not limited to:

  • Power & Utilities
  • Oil & Gas
  • Financial Institutions
  • Government and Regulatory bodies
  • Manufacturing & Production Industry

Our commitment lies in continuously refining and expanding our training course offerings to align with evolving industry landscapes. We encourage individuals to explore our website or engage with our dedicated support team for the latest information on available courses, ensuring access to the most pertinent and current educational resources.

Yes, The Energy Training Centre is certified and recognized by several prominent industry standards. Specifically, it holds certifications from ILM, Continuing Professional Development (CPD), and the Project Management Institute (PMI).

  • ILM (ID# 002398B) – This certification indicates that our training programmes meet high standards for leadership and management development, ensuring that they are designed to enhance participants’ skills in these critical areas.
  • Continuing Professional Development (CPD) – Our recognition by CPD reflects our commitment to providing educational opportunities that support ongoing professional growth and skill enhancement. This accreditation ensures that our training courses are relevant and effective for professionals seeking to advance their careers.
  • Project Management Institute (PMI) – Being recognized by PMI signifies that our training programmes align with industry best practices in project management. This certification assures participants that our offerings are in line with the standards required for effective project management and are valuable for those pursuing or maintaining PMI credentials.

These certifications underscore our dedication to providing high-quality, industry-relevant training that fosters professional growth and meets established standards. Additionally, we are actively pursuing further certifications and affiliations to enhance our offerings and ensure we remain at the forefront of industry best practices.

About Energy Training Centre

Energy Training Centre is a leading provider of professional development programs for the energy and public sectors. With over 15 years of experience, we have trained more than 50,000 professionals across the Middle East and beyond.

Our expert-led courses are designed to meet the evolving needs of modern organizations, combining theoretical knowledge with practical applications that deliver immediate value to your career and organization.

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Professionals Trained
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