What does the COSO ERM course cover?
COSO ERM is covered here in 10 modules: Introduction to COSO ERM: History and evolution of ERM, Overview of the COSO ERM framework, Risk Management Fundamentals: Defining risk and risk management, Risk Identification: techniques and tools, Risk categorization and prioritization and 7 more.
How do you approach COSO ERM step by step?
The work is sequenced in 10 stages. It starts with Introduction to COSO ERM: History and evolution of ERM, Overview of the COSO ERM framework, moves through Risk Management Fundamentals: Defining risk and risk management and risk Identification: techniques and tools, Risk categorization and prioritization, and ends at Certification and Final Assessment: Final assessment and certification exam.
What is in Module 1 of the COSO ERM course?
Module 1 is Introduction to COSO ERM: History and evolution of ERM, Overview of the COSO ERM framework. It works through Overview of the COSO ERM framework, history and evolution of ERM, benefits of implementing an ERM program and 1 more. It sets the vocabulary the remaining 9 modules build on.
How is the COSO ERM course delivered?
The COSO ERM 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 COSO ERM course cost?
The COSO ERM 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: COSO ERM Toolkit, COSO ERM Complete, COSO ERM in Implemented Control Kit, COSO ERM Implementation Mastery for Professionals.
More answers: what you get with every course, refund policy, all help answers.
Mastering COSO ERM: A Framework for Identifying, Assessing, and Mitigating Enterprise Risk
Course Overview
This comprehensive course is designed to provide participants with a thorough understanding of the COSO Enterprise Risk Management (ERM) framework, a widely accepted standard for managing enterprise risk. Through interactive and engaging lessons, participants will learn how to identify, assess, and mitigate risks, as well as develop a robust ERM program that aligns with their organization's strategic objectives.Course Objectives
- Understand the COSO ERM framework and its components
- Identify and assess risks that impact an organization's strategic objectives
- Develop a comprehensive ERM program that aligns with organizational goals
- Mitigate risks through effective risk management strategies
- Monitor and review ERM program effectiveness
Course Outline
Module 1. Introduction to COSO ERM: History and evolution of ERM, Overview of the COSO ERM framework
- Overview of the COSO ERM framework
- History and evolution of ERM
- Benefits of implementing an ERM program
- Key components of the COSO ERM framework
Module 2. Risk Management Fundamentals: Defining risk and risk management
- Defining risk and risk management
- Risk management principles and concepts
- Risk management frameworks and standards
- Risk management roles and responsibilities
Module 3. Risk Identification: techniques and tools, Risk categorization and prioritization
- Risk identification techniques and tools
- Identifying risks through SWOT analysis
- Identifying risks through scenario planning
- Risk categorization and prioritization
Module 4. Risk Assessment: techniques and tools, Risk scoring and prioritization
- Risk assessment techniques and tools
- Assessing risk likelihood and impact
- Risk scoring and prioritization
- Risk assessment methodologies
Module 5. Risk Mitigation: strategies and techniques, Risk reduction and control
- Risk mitigation strategies and techniques
- Risk avoidance and transfer
- Risk reduction and control
- Monitoring and reviewing risk mitigation plans
Module 6. ERM Program Development: Developing an ERM program framework
- Developing an ERM program framework
- Defining ERM program goals and objectives
- Establishing ERM program governance and oversight
- Developing ERM program policies and procedures
Module 7. ERM Program Implementation: Implementing ERM program components
- Implementing ERM program components
- Establishing risk management roles and responsibilities
- Developing risk management training and awareness programs
- Monitoring and reviewing ERM program effectiveness
Module 8. ERM Program Maintenance and Review: Conducting ERM program audits and reviews
- Maintaining and reviewing ERM program components
- Updating ERM program policies and procedures
- Conducting ERM program audits and reviews
- Continuously improving ERM program effectiveness
Module 9. Case Studies and Best Practices: Expert insights and recommendations
- Real-world examples of ERM program implementation
- Best practices for ERM program development and implementation
- Lessons learned from ERM program successes and failures
- Expert insights and recommendations
Module 10. Certification and Final Assessment: Final assessment and certification exam
- Final assessment and certification exam
- Certificate of Completion issued by The Art of Service
- Career development and continuing education opportunities
Course Features
- Interactive and engaging lessons with hands-on activities and real-world examples
- Comprehensive course materials with downloadable resources and references
- Personalized learning experience with flexible pacing and progress tracking
- Up-to-date and practical content with expert instructors and industry insights
- Real-world applications and case studies with best practices and lessons learned
- High-quality content and expert instruction with certification and continuing education opportunities
- Flexible learning options with online access and mobile compatibility
- User-friendly interface and navigation with clear instructions and support
- Community-driven learning environment with discussion forums and peer feedback
- Actionable insights and takeaways with hands-on projects and real-world applications
- Lifetime access to course materials with ongoing support and updates
- Gamification and progress tracking with badges, points, and leaderboards