The LICQual ISO 31000:2018 Risk Management Internal Auditor course is a globally recognized program designed to equip learners with the essential knowledge and skills to manage and audit risks effectively. This course provides a comprehensive understanding of ISO 31000:2018 standards, enabling participants to identify, evaluate, and mitigate risks while ensuring compliance with international best practices.
Learners will explore risk governance, assessment methodologies, treatment strategies, and continuous improvement processes. The program also emphasizes internal auditing techniques, preparing participants to evaluate organizational risk management systems and support certification processes. By completing this course, professionals will enhance their career prospects, strengthen organizational resilience, and contribute to sustainable business growth.
Course Overview
- Qualification Title: LICQual ISO 31000:2018 Risk Management Internal Auditor
- Awarding Body: LICQual
- Total Units: 06 Units
- Credits: 40
- Guided Learning Hours (GLH): 120
Course Study Units
- Introduction to ISO 31000:2018 and Risk Management Framework
- Risk Management Principles and Governance
- Risk Assessment Process: Identification, Evaluation, and Assessment
- Risk Treatment and Mitigation Strategies
- Risk Monitoring, Reporting, and Continuous Improvement
- ISO 31000:2018 Internal Auditing and Certification Process
Course Learning Outcomes
Unit 1: Introduction to ISO 31000:2018 and Risk Management Framework
- Understand the purpose and scope of ISO 31000:2018
- Explain the structure and framework of risk management
- Recognize the role of risk management in organizational success
Unit 2: Risk Management Principles and Governance
- Apply core principles of effective risk management
- Evaluate governance structures supporting risk management
- Align risk management with organizational objectives
Unit 3: Risk Assessment Process: Identification, Evaluation, and Assessment
- Identify potential risks using systematic approaches
- Conduct qualitative and quantitative risk evaluations
- Assess risk impact and likelihood for prioritization
Unit 4: Risk Treatment and Mitigation Strategies
- Develop effective risk treatment plans
- Apply mitigation strategies to reduce risk exposure
- Balance cost-benefit considerations in risk treatment
Unit 5: Risk Monitoring, Reporting, and Continuous Improvement
- Establish monitoring mechanisms for risk performance
- Prepare accurate and timely risk reports
- Promote continuous improvement in risk management systems
Unit 6: ISO 31000:2018 Internal Auditing and Certification Process
- Conduct internal audits aligned with ISO 31000:2018
- Evaluate compliance and identify gaps in risk management systems
- Understand certification requirements and audit reporting
Course Benefits
This course provides learners with practical knowledge and internationally recognized skills to manage and audit risks effectively. By mastering ISO 31000:2018, participants will enhance their professional credibility and contribute to organizational resilience.
Key benefits include:
- Gain globally recognized certification
- Improve decision-making through structured risk analysis
- Enhance career opportunities in auditing, compliance, and risk management
- Contribute to organizational sustainability and resilience
- Develop practical auditing skills aligned with ISO standards
Ideal Learner
This course is designed for professionals who want to strengthen their expertise in risk management and auditing. It is particularly beneficial for individuals responsible for governance, compliance, and operational resilience.
Ideal candidates include:
- Risk Managers and Analysts
- Internal and External Auditors
- Compliance Officers
- Quality and Governance Professionals
- Business Continuity Managers
Entry Requirements
To ensure learners can fully benefit from the course, a basic understanding of management systems or auditing principles is recommended. However, the course is structured to support learners from diverse professional backgrounds.
Requirements include:
- Minimum Level 3 qualification or equivalent experience
- Proficiency in English (reading, writing, and communication)
- Basic knowledge of organizational processes
Who Can Enroll
This course is open to professionals across industries who are eager to enhance their risk management and auditing skills. It is suitable for both experienced practitioners and those new to the field.
Eligible participants include:
- Professionals in finance, healthcare, manufacturing, and IT
- Consultants and advisors in governance and compliance
- Managers seeking to integrate risk management into operations
- Graduates aspiring to enter the field of risk management
Future Progression
Completing this course opens pathways to advanced qualifications and career opportunities in risk management, auditing, and compliance. Learners can progress to higher-level certifications in ISO standards, governance, and enterprise risk management.
Possible progression routes include:
- Advanced ISO Auditor Certifications (ISO 9001, ISO 45001, ISO 27001)
- Postgraduate studies in Risk Management or Business Continuity
- Senior roles such as Risk Director, Compliance Manager, or Lead Auditor