ISO 31000 RM case studies

ISO 31000 RM · Put your knowledge to work in context.

ISO 31000 is the international guideline for managing risk in organizations, and the PECB Certified ISO 31000 Risk Manager credential is designed for people who must turn those guidelines into working practice: managers and consultants responsible for the effective management of risk, individuals responsible for the creation and protection of value, and professionals building a career in risk management. The path starts with a four-day training course whose final day is the certification exam. The ISO 31000 RM case studies are 5 cases and about 4,282 words.

The 340-line hazard register: is this risk management?

Metro Transit Authority (MTA) has a 340-line 'corporate risk register' maintained by two ERM staff. Each line records a hazard, a likelihood score and a consequence score on a 5x5 matrix, and a treatment owner.

891 words, about 4 min 2

Bolting risk management onto ISO 9001 and ISO 45001

Nordhavn Components (1,250 staff, six plants) holds ISO 9001 and ISO 45001 certificates. After a fire at a single-source supplier halted a customer's production line, the CEO told the management review that 'risk management must be everywhere by Q4'.

870 words, about 4 min 3

Telehealth risk criteria built for a different kind of harm

A regional health system (four hospitals, 380,000 patients) is launching virtual urgent care. The clinical governance committee must approve the risk assessment before go-live in ten weeks.

821 words, about 4 min 4

'Transferred via insurance' at the outsourced distribution centre

Halcyon Logistics outsources its main distribution centre to a third-party provider. The register entry reads: 'Warehouse fire - likelihood: low, impact: 12m; treatment: transferred via insurance; residual: low; owner: procurement manager.' The policy carries a 4m deductible, excludes stock belonging to Halcyon's clients, and requires sprinkler certification that the provider has not supplied for eighteen months.

870 words, about 4 min 5

A donor demanding 'ISO 31000 certification' from a humanitarian charity

Refuge Aid is a 60-person humanitarian charity running programmes in three countries. Its largest institutional donor has told it that continued funding is conditional on 'ISO 31000 certification' within the next funding cycle.

830 words, about 4 min