Key details

Cost: $1,495 (inc gst)

Duration: 2 Days

CPD Points: 16

About the course

This 2-day 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, understand, 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.

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

Our trainers are practising risk professionals, advising clients on their risk management framework and operations. They have diverse industry experience across a range of sectors including financial services, banking, government, energy and mining, OH&S, cyber and environmental management. They will provide you with real-world case studies, drawing on their experiences with multidisciplinary risk management to demonstrate its application and business value.

Leave this workshop with a pragmatic approach to risk management from PwC – a global brand in risk management, business continuity and consulting. 

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

Plus, you get a free licenced copy of:

  • ISO 31000:2018 Risk Management Fundamentals 

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
  • 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, such as royal commissions, technology disruption, cyber security, and COVID-19 will be used as practical case studies to reinforce the real-world application of risk management capabilities

Course content


Day 1

Risk Fundamentals 101
  • Why is risk management important to organisations?
  • Understanding organisational strategy, risk and opportunities (macro & micro) 
  • Risk management frameworks – ISO 31000 and COSO
  • Terminology
Planning and structure of risk management
  • Organisational structure
  • Risk Appetite
  • Risk Strategy
  • Emerging risks 
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

Day 2

  • Risk Identification
  • Assessing and evaluating risk
  • Risk controls and treatment
  • Case Studies and application


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.


There is no formal assessment as part of this workshop, however, you will go through several practice tasks and workshops to demonstrate the application of the risk management theory and principles. The structure of the workshop will aid in your understanding, providing the opportunity to ask questions and partake in group discussions.

No homework or take-home assessment. 

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:

Once you have obtained the relevant Exemplar Global competencies, you can follow a qualification-based certification path. A full explanation of the requirements to become certified with Exemplar Global can be found here, or contact us for more information.

How to enrol

PwC offers a streamlined enrolment process – either enrol directly into your course online, or call us on 1300 95 96 92 to enrol over the phone.

Discounts for multiple attendees are available – Please call us to find out what discounts can be applied.

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 regular public courses are conducted at PwC offices in capital cities across Australia. You will enjoy an excellent learning experience in a premium training venue, and;

  • We never cancel courses – book with confidence
  • Class sizes are kept to manageable numbers – so everybody learns
  • No homework or take-home assessment! All work is completed in course time – we know you’re busy
  • No major exam – we assess you as you go

Public – Virtual/Online

We’ve developed an online digital classroom to deliver our courses virtually so you can attend from anywhere! Our purpose-built platform is engaging and interactive. Our virtual training platform incorporates:

  • Group exercises – facilitated by mini break out workshops amongst participants
  • The ability to ask questions in real-time
  • Built-in note taking and tracking of course materials
  • Interaction with participants and trainer throughout the session through a chat functionality
  • Online assessments providing a streamlined marking process

Our aim is to recreate the classroom experience in a safe, virtual environment, maintaining the fun and engaging experience our clients find useful and valuable.

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

PwC Training Academy

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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.”

Course Dates

Sort Location Start Finish Duration
Virtual - AEST (AUST & NZ participants only) Mon 24 Jun 2024 Tue 25 Jun 2024 2 Days Book now
Virtual - AEST (AUST & NZ participants only) Mon 21 Oct 2024 Tue 22 Oct 2024 2 Days Book now
Virtual - AEST (AUST & NZ participants only) Mon 02 Dec 2024 Tue 03 Dec 2024 2 Days Book now

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