What does the Enterprise Risk Management course cover?
Enterprise Risk Management is covered here in 10 modules: Introduction to Enterprise Risk Management: Understanding the risk management process, Risk Identification and Assessment: Prioritizing risks using a risk matrix, Risk Evaluation and Mitigation: Developing a risk mitigation plan 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: Understanding the risk management process, moves through Risk Identification and Assessment: Prioritizing risks using a risk matrix and Risk Evaluation and Mitigation: Developing a risk mitigation plan, and ends at ERM Certification and Compliance: Developing a plan for achieving.
What is in Module 1 of the Enterprise Risk Management course?
Module 1 is Introduction to Enterprise Risk Management: Understanding the risk management process. It works through Definition and principles of Enterprise Risk Management (ERM), benefits and importance of ERM in achieving organizational objectives, Overview of ERM frameworks and standards (e.g. COSO, ISO 31000) 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: Interim Management Mastery, Operational Readiness, Event Risk Management, Due Diligence.
More answers: what you get with every course, refund policy, all help answers.
Enterprise Risk Management: The Ultimate Checklist System for Seamless Compliance and Control
Course Overview
This comprehensive course is designed to equip participants with the knowledge and skills necessary to implement an effective Enterprise Risk Management (ERM) system in their organization. The course provides a detailed understanding of ERM principles, frameworks, and best practices, as well as practical tools and techniques for identifying, assessing, and mitigating risks.Course Objectives
- Understand the fundamentals of Enterprise Risk Management (ERM) and its importance in achieving organizational objectives
- Learn how to identify, assess, and prioritize risks using a structured approach
- Develop a comprehensive ERM framework and implement a checklist system for seamless compliance and control
- Understand the role of risk management in strategic planning and decision-making
- Learn how to communicate risk-related information to stakeholders and ensure buy-in
- Develop skills in risk analysis, risk evaluation, and risk mitigation
- Understand the importance of continuous monitoring and review in ERM
- Learn how to integrate ERM with existing management systems and processes
- Develop a plan for implementing ERM in your organization
Course Outline
Module 1. Introduction to Enterprise Risk Management: Understanding the risk management process
- Definition and principles of Enterprise Risk Management (ERM)
- Benefits and importance of ERM in achieving organizational objectives
- Overview of ERM frameworks and standards (e.g. COSO, ISO 31000)
- Understanding the risk management process
Module 2. Risk Identification and Assessment: Prioritizing risks using a risk matrix
- Techniques for identifying risks (e.g. brainstorming, SWOT analysis)
- Methods for assessing risks (e.g. qualitative, quantitative, semi-quantitative)
- Prioritizing risks using a risk matrix
- Understanding risk tolerance and risk appetite
Module 3. Risk Evaluation and Mitigation: Developing a risk mitigation plan
- Evaluating risks using decision trees and sensitivity analysis
- Developing risk mitigation strategies (e.g. avoidance, transfer, reduction)
- Understanding the role of controls in risk mitigation
- Developing a risk mitigation plan
Module 4. Risk Monitoring and Review: Developing a risk monitoring plan
- Importance of continuous monitoring and review in ERM
- Developing a risk monitoring plan
- Conducting regular risk reviews and updates
- Reporting and communicating risk-related information to stakeholders
Module 5. Implementing ERM in Your Organization: Developing a business case for ERM implementation
- Developing a business case for ERM implementation
- Establishing an ERM framework and checklist system
- Identifying and allocating resources for ERM implementation
- Developing a plan for integrating ERM with existing management systems and processes
Module 6. ERM Frameworks and Standards: Overview of COSO ERM framework
- Overview of COSO ERM framework
- Overview of ISO 31000 risk management standard
- Comparison of ERM frameworks and standards
- Developing a customized ERM framework for your organization
Module 7. Risk Communication and Stakeholder Engagement: Understanding the importance of
- Understanding the importance of risk communication and stakeholder engagement
- Developing a risk communication plan
- Identifying and engaging stakeholders in the risk management process
- Reporting and communicating risk-related information to stakeholders
Module 8. ERM Tools and Techniques: Developing a risk register and risk matrix
- Overview of ERM software and tools (e.g. risk management information systems)
- Using decision trees and sensitivity analysis in risk evaluation
- Developing a risk register and risk matrix
- Using bow-tie analysis and fishbone diagrams in risk identification and assessment
Module 9. ERM Best Practices and Case Studies: Case studies of successful ERM implementations
- Overview of ERM best practices and lessons learned
- Case studies of successful ERM implementations
- Common challenges and pitfalls in ERM implementation
- Developing a plan for sustaining ERM in your organization
Module 10. ERM Certification and Compliance: Developing a plan for achieving
- Overview of ERM certification programs (e.g. CRMP, ARM)
- Understanding ERM compliance requirements (e.g. SOX, Basel II)
- Developing a plan for achieving ERM certification and compliance
- Maintaining ERM certification and compliance
Certificate of Completion
Upon completing this course, participants will receive a Certificate of Completion issued by The Art of Service. This certificate will demonstrate your knowledge and skills in Enterprise Risk Management and your ability to implement an effective ERM system in your organization.Course Features
- Interactive and engaging course content
- Comprehensive and up-to-date course materials
- Personalized learning experience
- Practical and real-world applications
- High-quality content and expert instructors
- Certification upon completion
- Flexible learning options (e.g. online, self-paced)
- User-friendly and mobile-accessible course platform
- Community-driven and interactive discussion forums
- Actionable insights and hands-on projects
- Bite-sized lessons and manageable course structure
- Lifetime access to course materials and updates
- Gamification and progress tracking features