Enterprise Risk Management (ERM) Masterclass: How to Identify, Assess, Mitigate and Monitor Risks Across the Organization
Certificate Upon Completion Participants receive a certificate upon completion issued by The Art of Service.
Course Overview This comprehensive course is designed to provide participants with a thorough understanding of Enterprise Risk Management (ERM) principles and practices. Through interactive and engaging lessons, participants will learn how to identify, assess, mitigate, and monitor risks across the organization.
Course Features - Interactive and engaging lessons
- Comprehensive and up-to-date content
- Personalized learning experience
- Practical and real-world applications
- High-quality content and expert instructors
- Certificate upon completion
- Flexible learning and user-friendly interface
- Mobile-accessible and community-driven
- Actionable insights and hands-on projects
- 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 ERM standards and regulations
Module 2: Risk Identification
- Understanding the risk identification process
- Identifying risk categories and types
- Using risk identification tools and techniques
- Documenting and reporting risks
Module 3: Risk Assessment
- Understanding the risk assessment process
- Assessing risk likelihood and impact
- Using risk assessment tools and techniques
- Prioritizing and categorizing risks
Module 4: Risk Mitigation and Control
- Understanding the risk mitigation process
- Developing risk mitigation strategies
- Implementing risk controls and countermeasures
- Monitoring and reviewing risk mitigation efforts
Module 5: Risk Monitoring and Review
- Understanding the risk monitoring process
- Developing a risk monitoring plan
- Identifying and reporting risk changes
- Reviewing and updating the risk management plan
Module 6: ERM Frameworks and Standards
- Overview of ERM frameworks and standards
- Understanding the COSO ERM framework
- Understanding the ISO 31000 risk management standard
- Comparing and contrasting ERM frameworks and standards
Module 7: ERM Implementation and Integration
- Understanding the ERM implementation process
- Developing an ERM implementation plan
- Integrating ERM with existing management systems
- Overcoming ERM implementation challenges
Module 8: ERM Roles and Responsibilities
- Understanding ERM roles and responsibilities
- Defining the role of the risk manager
- Defining the role of the risk management committee
- Understanding the importance of risk awareness and training
Module 9: ERM Metrics and Reporting
- Understanding ERM metrics and reporting
- Developing ERM metrics and key performance indicators (KPIs)
- Creating ERM reports and dashboards
- Using ERM metrics and reporting to inform decision-making
Module 10: ERM Best Practices and Case Studies
- Understanding ERM best practices
- Studying ERM case studies and success stories
- Learning from ERM failures and lessons learned
- Applying ERM best practices to real-world scenarios
Module 11: ERM and Technology
- Understanding the role of technology in ERM
- Using risk management software and tools
- Implementing ERM systems and platforms
- Ensuring data security and integrity in ERM systems
Module 12: ERM and Compliance
- Understanding ERM and compliance requirements
- Ensuring ERM compliance with laws and regulations
- Understanding the role of audit and assurance in ERM
- Managing ERM and compliance risks
Module 13: ERM and Business Continuity
- Understanding the relationship between ERM and business continuity
- Developing business continuity plans and strategies
- Implementing business continuity management systems
- Ensuring business continuity and resilience
Module 14: ERM and Crisis Management
- Understanding the relationship between ERM and crisis management
- Developing crisis management plans and strategies
- Implementing crisis management systems and protocols
- Ensuring crisis management and response
Module 15: ERM and Supply Chain Management
- Understanding the relationship between ERM and supply chain management
- Identifying and assessing supply chain risks
- Developing supply chain risk management strategies
- Implementing supply chain risk management systems
Module 16: ERM and Project Management
- Understanding the relationship between ERM and project management
- Identifying and assessing project risks
- Developing project risk management strategies
- Implementing project risk management systems
Module 17: ERM and Strategic Planning
- Understanding the relationship between ERM and strategic planning
- Identifying and assessing strategic risks
- Developing strategic risk management strategies
- Implementing strategic risk management systems
Module 18: ERM and Performance Management
- Understanding the relationship between ERM and performance management
- Developing performance metrics and KPIs
- Implementing performance management systems
- Ensuring performance management and accountability
Module 19: ERM and Change Management
- Understanding the relationship between ERM and change management
- Developing change management plans and strategies
- Implementing change management systems and protocols
- Ensuring change management and adoption
Module 20: ERM and Organizational Culture
- Understanding the relationship between ERM and organizational culture
- Developing a risk-aware organizational culture
- Implementing ERM training and awareness programs
- Ensuring ERM adoption and sustainability
Certificate Upon Completion Participants receive a certificate upon completion issued by The Art of Service.,
Course Features - Interactive and engaging lessons
- Comprehensive and up-to-date content
- Personalized learning experience
- Practical and real-world applications
- High-quality content and expert instructors
- Certificate upon completion
- Flexible learning and user-friendly interface
- Mobile-accessible and community-driven
- Actionable insights and hands-on projects
- 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 ERM standards and regulations
Module 2: Risk Identification
- Understanding the risk identification process
- Identifying risk categories and types
- Using risk identification tools and techniques
- Documenting and reporting risks
Module 3: Risk Assessment
- Understanding the risk assessment process
- Assessing risk likelihood and impact
- Using risk assessment tools and techniques
- Prioritizing and categorizing risks
Module 4: Risk Mitigation and Control
- Understanding the risk mitigation process
- Developing risk mitigation strategies
- Implementing risk controls and countermeasures
- Monitoring and reviewing risk mitigation efforts
Module 5: Risk Monitoring and Review
- Understanding the risk monitoring process
- Developing a risk monitoring plan
- Identifying and reporting risk changes
- Reviewing and updating the risk management plan
Module 6: ERM Frameworks and Standards
- Overview of ERM frameworks and standards
- Understanding the COSO ERM framework
- Understanding the ISO 31000 risk management standard
- Comparing and contrasting ERM frameworks and standards
Module 7: ERM Implementation and Integration
- Understanding the ERM implementation process
- Developing an ERM implementation plan
- Integrating ERM with existing management systems
- Overcoming ERM implementation challenges
Module 8: ERM Roles and Responsibilities
- Understanding ERM roles and responsibilities
- Defining the role of the risk manager
- Defining the role of the risk management committee
- Understanding the importance of risk awareness and training
Module 9: ERM Metrics and Reporting
- Understanding ERM metrics and reporting
- Developing ERM metrics and key performance indicators (KPIs)
- Creating ERM reports and dashboards
- Using ERM metrics and reporting to inform decision-making
Module 10: ERM Best Practices and Case Studies
- Understanding ERM best practices
- Studying ERM case studies and success stories
- Learning from ERM failures and lessons learned
- Applying ERM best practices to real-world scenarios
Module 11: ERM and Technology
- Understanding the role of technology in ERM
- Using risk management software and tools
- Implementing ERM systems and platforms
- Ensuring data security and integrity in ERM systems
Module 12: ERM and Compliance
- Understanding ERM and compliance requirements
- Ensuring ERM compliance with laws and regulations
- Understanding the role of audit and assurance in ERM
- Managing ERM and compliance risks
Module 13: ERM and Business Continuity
- Understanding the relationship between ERM and business continuity
- Developing business continuity plans and strategies
- Implementing business continuity management systems
- Ensuring business continuity and resilience
Module 14: ERM and Crisis Management
- Understanding the relationship between ERM and crisis management
- Developing crisis management plans and strategies
- Implementing crisis management systems and protocols
- Ensuring crisis management and response
Module 15: ERM and Supply Chain Management
- Understanding the relationship between ERM and supply chain management
- Identifying and assessing supply chain risks
- Developing supply chain risk management strategies
- Implementing supply chain risk management systems
Module 16: ERM and Project Management
- Understanding the relationship between ERM and project management
- Identifying and assessing project risks
- Developing project risk management strategies
- Implementing project risk management systems
Module 17: ERM and Strategic Planning
- Understanding the relationship between ERM and strategic planning
- Identifying and assessing strategic risks
- Developing strategic risk management strategies
- Implementing strategic risk management systems
Module 18: ERM and Performance Management
- Understanding the relationship between ERM and performance management
- Developing performance metrics and KPIs
- Implementing performance management systems
- Ensuring performance management and accountability
Module 19: ERM and Change Management
- Understanding the relationship between ERM and change management
- Developing change management plans and strategies
- Implementing change management systems and protocols
- Ensuring change management and adoption
Module 20: ERM and Organizational Culture
- Understanding the relationship between ERM and organizational culture
- Developing a risk-aware organizational culture
- Implementing ERM training and awareness programs
- Ensuring ERM adoption and sustainability
Certificate Upon Completion Participants receive a certificate upon completion issued by The Art of Service.,
Module 1: Introduction to Enterprise Risk Management (ERM)
- Defining ERM and its importance
- Understanding the ERM framework
- Identifying the benefits of ERM
- Overview of ERM standards and regulations
Module 2: Risk Identification
- Understanding the risk identification process
- Identifying risk categories and types
- Using risk identification tools and techniques
- Documenting and reporting risks
Module 3: Risk Assessment
- Understanding the risk assessment process
- Assessing risk likelihood and impact
- Using risk assessment tools and techniques
- Prioritizing and categorizing risks
Module 4: Risk Mitigation and Control
- Understanding the risk mitigation process
- Developing risk mitigation strategies
- Implementing risk controls and countermeasures
- Monitoring and reviewing risk mitigation efforts
Module 5: Risk Monitoring and Review
- Understanding the risk monitoring process
- Developing a risk monitoring plan
- Identifying and reporting risk changes
- Reviewing and updating the risk management plan
Module 6: ERM Frameworks and Standards
- Overview of ERM frameworks and standards
- Understanding the COSO ERM framework
- Understanding the ISO 31000 risk management standard
- Comparing and contrasting ERM frameworks and standards
Module 7: ERM Implementation and Integration
- Understanding the ERM implementation process
- Developing an ERM implementation plan
- Integrating ERM with existing management systems
- Overcoming ERM implementation challenges
Module 8: ERM Roles and Responsibilities
- Understanding ERM roles and responsibilities
- Defining the role of the risk manager
- Defining the role of the risk management committee
- Understanding the importance of risk awareness and training
Module 9: ERM Metrics and Reporting
- Understanding ERM metrics and reporting
- Developing ERM metrics and key performance indicators (KPIs)
- Creating ERM reports and dashboards
- Using ERM metrics and reporting to inform decision-making
Module 10: ERM Best Practices and Case Studies
- Understanding ERM best practices
- Studying ERM case studies and success stories
- Learning from ERM failures and lessons learned
- Applying ERM best practices to real-world scenarios
Module 11: ERM and Technology
- Understanding the role of technology in ERM
- Using risk management software and tools
- Implementing ERM systems and platforms
- Ensuring data security and integrity in ERM systems
Module 12: ERM and Compliance
- Understanding ERM and compliance requirements
- Ensuring ERM compliance with laws and regulations
- Understanding the role of audit and assurance in ERM
- Managing ERM and compliance risks
Module 13: ERM and Business Continuity
- Understanding the relationship between ERM and business continuity
- Developing business continuity plans and strategies
- Implementing business continuity management systems
- Ensuring business continuity and resilience
Module 14: ERM and Crisis Management
- Understanding the relationship between ERM and crisis management
- Developing crisis management plans and strategies
- Implementing crisis management systems and protocols
- Ensuring crisis management and response
Module 15: ERM and Supply Chain Management
- Understanding the relationship between ERM and supply chain management
- Identifying and assessing supply chain risks
- Developing supply chain risk management strategies
- Implementing supply chain risk management systems
Module 16: ERM and Project Management
- Understanding the relationship between ERM and project management
- Identifying and assessing project risks
- Developing project risk management strategies
- Implementing project risk management systems
Module 17: ERM and Strategic Planning
- Understanding the relationship between ERM and strategic planning
- Identifying and assessing strategic risks
- Developing strategic risk management strategies
- Implementing strategic risk management systems
Module 18: ERM and Performance Management
- Understanding the relationship between ERM and performance management
- Developing performance metrics and KPIs
- Implementing performance management systems
- Ensuring performance management and accountability
Module 19: ERM and Change Management
- Understanding the relationship between ERM and change management
- Developing change management plans and strategies
- Implementing change management systems and protocols
- Ensuring change management and adoption
Module 20: ERM and Organizational Culture
- Understanding the relationship between ERM and organizational culture
- Developing a risk-aware organizational culture
- Implementing ERM training and awareness programs
- Ensuring ERM adoption and sustainability