Enterprise Risk Management (ERM) Framework: A Step-by-Step Guide to Identifying, Assessing, and Mitigating Business Risks
Certificate Upon Completion Participants receive a certificate upon completion issued by The Art of Service.
Course Overview This comprehensive course provides a step-by-step guide to identifying, assessing, and mitigating business risks using the Enterprise Risk Management (ERM) framework. The course is designed to be interactive, engaging, and personalized, with real-world applications and hands-on projects.
Course Features - Interactive and engaging content
- Comprehensive and up-to-date curriculum
- Personalized learning experience
- Real-world applications and case studies
- Hands-on projects and activities
- High-quality content and expert instructors
- Certificate upon completion
- Flexible learning schedule
- User-friendly and mobile-accessible platform
- Community-driven discussion forum
- Actionable insights and takeaways
- Bite-sized lessons and lifetime access
- Gamification and progress tracking
Course Outline Module 1: Introduction to Enterprise Risk Management (ERM)
- Defining ERM and its importance
- Understanding the ERM framework
- Identifying the benefits of ERM
- Overview of the ERM process
Module 2: Risk Identification
- Defining risk and its types
- Identifying risk sources and categories
- Using risk identification techniques
- Creating a risk register
Module 3: Risk Assessment
- Defining risk assessment and its importance
- Using risk assessment techniques
- Evaluating risk likelihood and impact
- Prioritizing risks
Module 4: Risk Mitigation
- Defining risk mitigation and its importance
- Identifying risk mitigation strategies
- Implementing risk mitigation plans
- Monitoring and reviewing risk mitigation efforts
Module 5: Risk Monitoring and Review
- Defining risk monitoring and review
- Identifying risk monitoring and review techniques
- Implementing a risk monitoring and review plan
- Evaluating the effectiveness of risk mitigation efforts
Module 6: ERM Framework and Standards
- Overview of ERM frameworks and standards
- Understanding the COSO ERM framework
- Understanding the ISO 31000 risk management standard
- Comparing ERM frameworks and standards
Module 7: ERM Implementation and Integration
- Defining ERM implementation and integration
- Identifying ERM implementation and integration strategies
- Implementing ERM in an organization
- Integrating ERM with other management systems
Module 8: ERM Maturity and Benchmarking
- Defining ERM maturity and benchmarking
- Identifying ERM maturity models
- Evaluating ERM maturity
- Benchmarking ERM practices
Module 9: ERM Technology and Tools
- Defining ERM technology and tools
- Identifying ERM software and systems
- Implementing ERM technology and tools
- Evaluating the effectiveness of ERM technology and tools
Module 10: ERM Case Studies and Best Practices
- Real-world ERM case studies
- Identifying ERM best practices
- Applying ERM best practices
- Evaluating the effectiveness of ERM best practices
Module 11: ERM Communication and Reporting
- Defining ERM communication and reporting
- Identifying ERM communication and reporting strategies
- Implementing ERM communication and reporting plans
- Evaluating the effectiveness of ERM communication and reporting
Module 12: ERM Training and Awareness
- Defining ERM training and awareness
- Identifying ERM training and awareness strategies
- Implementing ERM training and awareness plans
- Evaluating the effectiveness of ERM training and awareness
Module 13: ERM Culture and Governance
- Defining ERM culture and governance
- Identifying ERM culture and governance strategies
- Implementing ERM culture and governance plans
- Evaluating the effectiveness of ERM culture and governance
Module 14: ERM Audit and Assurance
- Defining ERM audit and assurance
- Identifying ERM audit and assurance strategies
- Implementing ERM audit and assurance plans
- Evaluating the effectiveness of ERM audit and assurance
Module 15: ERM Continuous Improvement
- Defining ERM continuous improvement
- Identifying ERM continuous improvement strategies
- Implementing ERM continuous improvement plans
- Evaluating the effectiveness of ERM continuous improvement
Certificate Requirements To receive a certificate, participants must complete all course modules, pass the final exam, and submit a final project.
Course Format The course is delivered online, with interactive lessons, videos, and hands-on activities.
Course Duration The course is self-paced, and participants have lifetime access to the course materials.
Target Audience The course is designed for risk management professionals, business leaders, and anyone interested in learning about enterprise risk management.,
Course Features - Interactive and engaging content
- Comprehensive and up-to-date curriculum
- Personalized learning experience
- Real-world applications and case studies
- Hands-on projects and activities
- High-quality content and expert instructors
- Certificate upon completion
- Flexible learning schedule
- User-friendly and mobile-accessible platform
- Community-driven discussion forum
- Actionable insights and takeaways
- Bite-sized lessons and lifetime access
- Gamification and progress tracking
Course Outline Module 1: Introduction to Enterprise Risk Management (ERM)
- Defining ERM and its importance
- Understanding the ERM framework
- Identifying the benefits of ERM
- Overview of the ERM process
Module 2: Risk Identification
- Defining risk and its types
- Identifying risk sources and categories
- Using risk identification techniques
- Creating a risk register
Module 3: Risk Assessment
- Defining risk assessment and its importance
- Using risk assessment techniques
- Evaluating risk likelihood and impact
- Prioritizing risks
Module 4: Risk Mitigation
- Defining risk mitigation and its importance
- Identifying risk mitigation strategies
- Implementing risk mitigation plans
- Monitoring and reviewing risk mitigation efforts
Module 5: Risk Monitoring and Review
- Defining risk monitoring and review
- Identifying risk monitoring and review techniques
- Implementing a risk monitoring and review plan
- Evaluating the effectiveness of risk mitigation efforts
Module 6: ERM Framework and Standards
- Overview of ERM frameworks and standards
- Understanding the COSO ERM framework
- Understanding the ISO 31000 risk management standard
- Comparing ERM frameworks and standards
Module 7: ERM Implementation and Integration
- Defining ERM implementation and integration
- Identifying ERM implementation and integration strategies
- Implementing ERM in an organization
- Integrating ERM with other management systems
Module 8: ERM Maturity and Benchmarking
- Defining ERM maturity and benchmarking
- Identifying ERM maturity models
- Evaluating ERM maturity
- Benchmarking ERM practices
Module 9: ERM Technology and Tools
- Defining ERM technology and tools
- Identifying ERM software and systems
- Implementing ERM technology and tools
- Evaluating the effectiveness of ERM technology and tools
Module 10: ERM Case Studies and Best Practices
- Real-world ERM case studies
- Identifying ERM best practices
- Applying ERM best practices
- Evaluating the effectiveness of ERM best practices
Module 11: ERM Communication and Reporting
- Defining ERM communication and reporting
- Identifying ERM communication and reporting strategies
- Implementing ERM communication and reporting plans
- Evaluating the effectiveness of ERM communication and reporting
Module 12: ERM Training and Awareness
- Defining ERM training and awareness
- Identifying ERM training and awareness strategies
- Implementing ERM training and awareness plans
- Evaluating the effectiveness of ERM training and awareness
Module 13: ERM Culture and Governance
- Defining ERM culture and governance
- Identifying ERM culture and governance strategies
- Implementing ERM culture and governance plans
- Evaluating the effectiveness of ERM culture and governance
Module 14: ERM Audit and Assurance
- Defining ERM audit and assurance
- Identifying ERM audit and assurance strategies
- Implementing ERM audit and assurance plans
- Evaluating the effectiveness of ERM audit and assurance
Module 15: ERM Continuous Improvement
- Defining ERM continuous improvement
- Identifying ERM continuous improvement strategies
- Implementing ERM continuous improvement plans
- Evaluating the effectiveness of ERM continuous improvement
Certificate Requirements To receive a certificate, participants must complete all course modules, pass the final exam, and submit a final project.
Course Format The course is delivered online, with interactive lessons, videos, and hands-on activities.
Course Duration The course is self-paced, and participants have lifetime access to the course materials.
Target Audience The course is designed for risk management professionals, business leaders, and anyone interested in learning about enterprise risk management.,
Module 1: Introduction to Enterprise Risk Management (ERM)
- Defining ERM and its importance
- Understanding the ERM framework
- Identifying the benefits of ERM
- Overview of the ERM process
Module 2: Risk Identification
- Defining risk and its types
- Identifying risk sources and categories
- Using risk identification techniques
- Creating a risk register
Module 3: Risk Assessment
- Defining risk assessment and its importance
- Using risk assessment techniques
- Evaluating risk likelihood and impact
- Prioritizing risks
Module 4: Risk Mitigation
- Defining risk mitigation and its importance
- Identifying risk mitigation strategies
- Implementing risk mitigation plans
- Monitoring and reviewing risk mitigation efforts
Module 5: Risk Monitoring and Review
- Defining risk monitoring and review
- Identifying risk monitoring and review techniques
- Implementing a risk monitoring and review plan
- Evaluating the effectiveness of risk mitigation efforts
Module 6: ERM Framework and Standards
- Overview of ERM frameworks and standards
- Understanding the COSO ERM framework
- Understanding the ISO 31000 risk management standard
- Comparing ERM frameworks and standards
Module 7: ERM Implementation and Integration
- Defining ERM implementation and integration
- Identifying ERM implementation and integration strategies
- Implementing ERM in an organization
- Integrating ERM with other management systems
Module 8: ERM Maturity and Benchmarking
- Defining ERM maturity and benchmarking
- Identifying ERM maturity models
- Evaluating ERM maturity
- Benchmarking ERM practices
Module 9: ERM Technology and Tools
- Defining ERM technology and tools
- Identifying ERM software and systems
- Implementing ERM technology and tools
- Evaluating the effectiveness of ERM technology and tools
Module 10: ERM Case Studies and Best Practices
- Real-world ERM case studies
- Identifying ERM best practices
- Applying ERM best practices
- Evaluating the effectiveness of ERM best practices
Module 11: ERM Communication and Reporting
- Defining ERM communication and reporting
- Identifying ERM communication and reporting strategies
- Implementing ERM communication and reporting plans
- Evaluating the effectiveness of ERM communication and reporting
Module 12: ERM Training and Awareness
- Defining ERM training and awareness
- Identifying ERM training and awareness strategies
- Implementing ERM training and awareness plans
- Evaluating the effectiveness of ERM training and awareness
Module 13: ERM Culture and Governance
- Defining ERM culture and governance
- Identifying ERM culture and governance strategies
- Implementing ERM culture and governance plans
- Evaluating the effectiveness of ERM culture and governance
Module 14: ERM Audit and Assurance
- Defining ERM audit and assurance
- Identifying ERM audit and assurance strategies
- Implementing ERM audit and assurance plans
- Evaluating the effectiveness of ERM audit and assurance
Module 15: ERM Continuous Improvement
- Defining ERM continuous improvement
- Identifying ERM continuous improvement strategies
- Implementing ERM continuous improvement plans
- Evaluating the effectiveness of ERM continuous improvement