ISO 31000

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15 Questions

Which of the following is NOT one of the intended learning outcomes of this session?

Develop a risk management plan for an organization

Which section of the presentation outline provides information on the principles of risk management?

Framework

In which section of the presentation outline is risk assessment discussed?

Risk analysis

What is the purpose of risk treatment in the risk management process?

To address risks

Which section of the presentation outline covers the implementation of risk management?

Integration

Which section of the presentation outline provides information on the principles of risk management?

Leadership and commitment

What is the purpose of risk treatment in the risk management process?

To evaluate and treat risks

Which section of the presentation outline covers the communication and consultation aspect of the risk management process?

General

What are the intended learning outcomes of this session?

All of the above

In which section of the presentation outline is risk evaluation discussed?

Risk evaluation

Which section of the presentation outline provides information on the framework of risk management?

Risk assessment

What is the purpose of risk evaluation in the risk management process?

To identify and analyze risks

What is the purpose of risk treatment in the risk management process?

To treat and address risks

In which section of the presentation outline is risk treatment discussed?

Preparing and implementing risk treatment plans

What are the intended learning outcomes of this session?

All of the above

Study Notes

Risk Management Process

  • The intended learning outcomes of this session include understanding the principles of risk management, risk assessment, risk evaluation, risk treatment, implementation, and communication and consultation.

Presentation Outline

  • The principles of risk management are discussed in the section on risk management framework.
  • Risk assessment is discussed in a separate section of the presentation outline.
  • Risk evaluation is discussed in a separate section of the presentation outline.
  • Risk treatment is discussed in a separate section of the presentation outline and its purpose is to select and implement the most appropriate risk management option.
  • Implementation of risk management is covered in a separate section of the presentation outline.
  • Communication and consultation aspect of the risk management process is covered in a separate section of the presentation outline.
  • The purpose of risk evaluation is to determine the significance of risks and prioritize them for treatment.

Test your knowledge of risk management principles, framework, and processes based on ISO 31000:2018 guidelines. Assess your ability to identify, analyze, evaluate, and treat organizational risks. Evaluate your skills in monitoring, reviewing, recording, and reporting actions to address risks and opportunities.

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