Key details

Cost: $1,695 (inc. GST)

Duration: 2 Days

CPD Points: 16

About the course

Our 2-day Risk Management Fundamentals course is designed to provide a comprehensive and practical understanding of risk management and risk governance provided by ISO 31000:2018.

ISO 31000 provides a framework and roadmap for organisations to manage and integrate multi-disciplinary risks. Alignment of an organisation’s risk management framework to this standard can provide stakeholders with comfort that the organisation has an appropriate set of policies and processes in place to identify, assess, manage, evaluate and monitor both threats and opportunities.

The course breaks down key concepts related to effective risk management, including frameworks, assessment tools, assurance and stakeholder management. We build upon risk management fundamentals that underpin the success of any risk management framework within sustainable organisations. There are no prerequisites for this course.

This course has the equivalent of 16 Continuing Professional Development (CPD) points.

Plus, you get a complimentary licensed copy of:

  • ISO 31000:2018 Risk Management 


Our training is different because

No homework or take-home assessment.

Internationally recognised courses.

Trainers are practising risk professionals.

All learning materials provided.

Certificates are issued promptly upon the completion of the course.

We never cancel a course - enrol with confidence.

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Course overview

Learning outcomes

After successful completion of this course, you will understand:

  • The foundations of risk and effective risk management 
  • How risk management practices can be applied in alignment with ISO 31000
  • How risk management practices can be applied to other varied business processes such as reporting, decision making and project management
  • Current and emerging issues are used as practical case studies to reinforce the real-world application of risk management capabilities

You will demonstrate your knowledge through activities and scenarios, applying your knowledge with continual feedback from risk industry professionals.

Course content


Day 1

Risk Fundamentals 101

  • Why is risk management important to organisations?
  • Understanding organisational strategy, risks and opportunities (macro & micro)
  • Risk management frameworks.
    • ISO 31000
    • COSO
  • Terminology.

Planning and structure of risk management

  • Organisational structure & governance
  • Risk appetite
  • Risk strategy
  • Emerging risks.

Risk Identification 

  • Risk Identification
  • Assessing and evaluating risk
  • Case Studies and application.

Day 2 

Risk control and treatment 

  • Control and treatment design
  • Risk Treatment Plans
  • Control implementation

Stakeholder management

  • Communication within the risk management framework
  • Roles and Responsibilities within Risk Management
  • Supporting Risk Management within the organisation.

Monitoring and reporting risk

  • Monitoring tools
  • Indicators of effective risk management
  • Data-driven reporting.


You will receive a Certificate of Attendance. 

This course has the equivalent of 16 Continuing Professional Development (CPD) points.


There are no prerequisites for this course.


A progressive series of workshops are embedded into this course to demonstrate the application of risk management theory and principles, each building upon the previous learning outcome.

The structure of the workshop will aid your understanding, providing the opportunity to ask questions and partake in group discussions.

At the end of the course, you will be required to submit your workbook recording your completed work from each workshop, which will then be assessed to confirm your understanding of the course material.

Who should attend

The course will introduce anyone to the risk management framework and approach. It is suitable for those without, or with limited to moderate experience in risk management and are looking to ensure industry best practice is applied consistently.

Leadership and management positions in all industries would benefit from learning a robust risk management approach to improve their own organisation’s practices.

Project managers will better understand why we manage risk and how they can translate that to their projects to deliver better outcomes.

Line management and process owners will understand what risk management is, and why it’s important in their role in identifying and managing risk. 

Study Pathway – Where to from here?

If you wish to become a registered third-party, or external Quality, Environmental, OH&S, or Integrated Management Systems auditor with Exemplar Global, you will need to complete the Becoming a Skilled Lead Internal/External Auditor course, along with at least one discipline (Quality, Environmental, OH&S, or Food Safety) available in either our:

Contact Exemplar Global for more information on their registration process.

We also offer courses in Business Continuity (Exemplar Global BC), Risk Management and Psychological Health and Safety at Work that may be attended separately.


The price of this course is $1,695 (inc. GST). Discounts for multiple attendees are available – please contact us to find out what discounts can be applied.

How to enrol

We offer an easy, streamlined enrolment process – you can either enrol directly into your course online, or call us on 1300 95 96 92 to enrol over the phone.

How to pay

We offer a variety of payment methods:

  • Direct debit
  • Credit card
  • Cheque
  • Payment plans

Payment plans

We are able to arrange flexible payment plans on an individual basis. Please be aware that your certificate will be held until full payment has been received.


Public – Face-to-face

Our public training courses are offered in multiple convenient locations across Australia, ensuring we can provide education for participants nationwide. You can attend our Integrated Management Systems Lead Auditor courses in most major capital cities, including Sydney, Melbourne, Brisbane, Perth, and Adelaide. These locations provide a perfect setting for face-to-face learning, where you can interact directly with our experienced trainers and network with other professionals in the field.

Public – Virtual/Online

If online learning is more your style, we also offer virtual training for those who prefer or require flexibility. Our online courses are available to participants in Australia and New Zealand, providing the same premium education as our face-to-face sessions, with the added convenience of online learning. The virtual platform is designed to mimic in-person learning and aims to be engaging and interactive, with real-time group exercises, Q&A sessions, and online assessments. No matter your location, you can benefit from our expert-led training and become proficient in auditing integrated management systems.

Please note: Due to licensing restrictions, our virtual courses are open to participants from Australia and NZ only.

In-house – Face-to-face or virtual

In-house training can provide a cost-effective training solution for organisations with a number of staff who require training. We can also customise a course to suit your own individual needs, and include your own audit documentation. Call us on 1300 95 96 92 or complete the form below to request a quote. 

Request an In-house quote

Training Course Locations

Risk Training Professionals

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Course Dates

Sort Location Start Finish Duration
Virtual - AEDT (AUST & NZ participants only) Mon 21 Oct 2024 Tue 22 Oct 2024 2 Days Book now
Virtual - AEDT (AUST & NZ participants only) Mon 02 Dec 2024 Tue 03 Dec 2024 2 Days Book now
Virtual - AEST (AUST & NZ participants only) Mon 23 Jun 2025 Tue 24 Jun 2025 2 Days Book now
Virtual - AEDT (AUST & NZ participants only) Mon 20 Oct 2025 Tue 21 Oct 2025 2 Days Book now
Virtual - AEDT (AUST & NZ participants only) Mon 01 Dec 2025 Tue 02 Dec 2025 2 Days Book now

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“Excellent trainers with high level expertise, varied content to keep us engaged and quality resources leave me with confidence that I could implement what I’ve learned.”

“The presenters really helped to link the course material to real life situations. They were very professional and helped make the course very enjoyable.”

“Thoroughly enjoyable learning experience, facilitated to an excellent standard – Well adapted to the diversity of skill within the group.”

Fantastic course professionally run by a ‘real’ auditor working in the field which allowed for a fantastic bridge between theory and practical examples.

“It is rare to find a trainer with extensive practical and current industry knowledge of the topic. This is a real world training course for real world application. 100% recommend Pat to conduct any training in future.”

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