What does the Enterprise Risk Management course cover?
Enterprise Risk Management is covered here in 10 modules: Introduction to Enterprise Risk Management: Overview of ERM frameworks and standards, Risk Identification and Assessment: Assessing risk likelihood and impact, Risk Mitigation and Control: Developing risk mitigation strategies and controls and 7 more.
How do you approach Enterprise Risk Management step by step?
The work is sequenced in 10 stages. It starts with Introduction to Enterprise Risk Management: Overview of ERM frameworks and standards, moves through Risk Identification and Assessment: Assessing risk likelihood and impact and Risk Mitigation and Control: Developing risk mitigation strategies and controls, and ends at ERM Certification and Professional Development.
What is in Module 1 of the Enterprise Risk Management course?
Module 1 is Introduction to Enterprise Risk Management: Overview of ERM frameworks and standards. It works through defining ERM and its importance in organizational success, understanding the ERM process: identification, assessment, mitigation, and monitoring, overview of ERM frameworks and standards and 1 more. It sets the vocabulary the remaining 9 modules build on.
How is the Enterprise Risk Management course delivered?
The Enterprise Risk Management course is fully self-paced with immediate online access after enrolment. Access does not expire and future updates are included at no cost. It can be taken on any device, and a certificate of completion is issued by The Art of Service when you finish.
How much does the Enterprise Risk Management course cost?
The Enterprise Risk Management course is $199 as a one time payment. There is no subscription, no per seat licence and no hidden fee. Enrolment carries a 30 day satisfied or refunded guarantee, so it can be assessed in full before you commit.
Closely related courses: Risk Management, Vulnerability Management, Cyber Resilience, Security Risk Management.
More answers: what you get with every course, refund policy, all help answers.
Enterprise Risk Management: Mastering the Art of Identifying, Assessing, and Mitigating Risks
Course Overview
This comprehensive course is designed to equip participants with the knowledge, skills, and expertise needed to identify, assess, and mitigate risks in an enterprise environment. Through interactive lessons, real-world case studies, and hands-on projects, participants will gain a deep understanding of enterprise risk management (ERM) principles, frameworks, and best practices.Course Objectives
- Understand the fundamentals of enterprise risk management (ERM) and its importance in organizational success
- Identify and assess various types of risks, including strategic, operational, financial, and compliance risks
- Develop and implement effective risk mitigation strategies and controls
- Apply ERM frameworks and standards, such as COSO and ISO 31000
- Integrate ERM with other organizational functions, such as governance, compliance, and internal audit
- Communicate risk information effectively to stakeholders, including board members, executives, and employees
Course Outline
Module 1. Introduction to Enterprise Risk Management: Overview of ERM frameworks and standards
- Defining ERM and its importance in organizational success
- Understanding the ERM process: identification, assessment, mitigation, and monitoring
- Overview of ERM frameworks and standards
- Case study: Implementing ERM in a real-world organization
Module 2. Risk Identification and Assessment: Assessing risk likelihood and impact
- Identifying risk sources and categories
- Assessing risk likelihood and impact
- Using risk assessment tools and techniques, such as risk matrices and heat maps
- Case study: Conducting a risk assessment in a financial institution
Module 3. Risk Mitigation and Control: Developing risk mitigation strategies and controls
- Developing risk mitigation strategies and controls
- Implementing risk mitigation plans and monitoring their effectiveness
- Using risk mitigation tools and techniques, such as risk registers and action plans
- Case study: Implementing risk mitigation strategies in a manufacturing company
Module 4. ERM Frameworks and Standards: Overview of COSO ERM framework
- Overview of COSO ERM framework
- Overview of ISO 31000 risk management standard
- Applying ERM frameworks and standards in real-world organizations
- Case study: Implementing COSO ERM framework in a non-profit organization
Module 5: Integrating ERM with Other Organizational Functions
- Integrating ERM with governance and compliance
- Integrating ERM with internal audit and assurance
- Integrating ERM with strategic planning and performance management
- Case study: Integrating ERM with governance and compliance in a healthcare organization
Module 6. Communicating Risk Information: Case study: to stakeholders in a financial institution
- Communicating risk information to stakeholders, including board members, executives, and employees
- Using risk reporting tools and techniques, such as risk dashboards and reports
- Case study: Communicating risk information to stakeholders in a financial institution
Module 7. ERM Implementation and Sustainability: Implementing ERM in real-world organizations
- Implementing ERM in real-world organizations
- Sustaining ERM over time, including ongoing monitoring and review
- Case study: Implementing and sustaining ERM in a manufacturing company
Module 8. ERM Maturity and Benchmarking: Improving ERM maturity and effectiveness over time
- Assessing ERM maturity using maturity models and benchmarking tools
- Improving ERM maturity and effectiveness over time
- Case study: Assessing and improving ERM maturity in a non-profit organization
Module 9. ERM Technology and Tools: Using to support ERM processes and activities
- Overview of ERM technology and tools, including risk management software and platforms
- Using ERM technology and tools to support ERM processes and activities
- Case study: Implementing ERM technology and tools in a financial institution
Module 10: ERM Certification and Professional Development
- Overview of ERM certifications, including Certified in Risk and Information Systems Control (CRISC) and Certified Risk Manager (CRM)
- Professional development opportunities for ERM professionals, including training and networking
- Case study: Pursuing ERM certification and professional development in a real-world organization
Certificate of Completion
Upon completing this course, participants will receive a Certificate of Completion issued by The Art of Service. This certificate will demonstrate their knowledge and understanding of enterprise risk management principles, frameworks, and best practices.Course Features
- Interactive and engaging lessons, including real-world case studies and hands-on projects
- Comprehensive and up-to-date content, including the latest ERM frameworks and standards
- Personalized learning experience, including flexible learning options and user-friendly interface
- Expert instructors with extensive experience in ERM and related fields
- Certificate of Completion issued by The Art of Service
- Lifetime access to course materials and resources
- Mobile-accessible and community-driven learning environment
- Actionable insights and practical applications, including risk assessment and mitigation tools and techniques
- Gamification and progress tracking features to support learning engagement and motivation