Become a Certified Enterprise Risk Management Professional (CERMP)™

Successful completion of the course makes you a Certified Enterprise Risk Management Professional. You can use the designation of CERMP™ on your resume and business. The course is accredited by Qualifi; a UK recognized awarding organisation

Address Key Issues
Understand and conduct quantitative Risk Analysis

Gain A Full Understanding
Learn how to implement and evaluate an enterprise risk management program in an organisation

Key Takeaways
Gain an internationally recognised accreditation

Acquire knowledge of the evolutionary and fluid process of developing, implementing, and evaluating ERM

In today’s ever-changing world, organisations are continuously faced with risks. These risks can have catastrophic impacts on an organisation’s success, reputation, and future. Unmanaged risk is the greatest source of waste in your business and our economy as a whole.

When these risk events happen, thousands of jobs are lost, brilliant organisations are disassembled, expertise gets lost, and assets are destroyed. Yet all of these risks can be understood, identified, anticipated, mitigated, or reversed, thereby averting hundreds of billions of dollars in unnecessary losses.

Enterprise risk management (ERM) is often times an overlooked or under-implemented function, leaving organizations vulnerable and unprepared. This course will provide you with the fundamental concepts necessary to understand this function.

This course has been updated to include COSO 2017 and ISO 31000, the most up to date risk assessment technique and procedure.

IN JUST 3 DAYS YOU WILL:

  • Define enterprise risk management
  • Identify the roles and responsibilities within an organisation to implement enterprise risk management as an enterprise-wide function
  • Compare the types of enterprise risk management frameworks
  • Understand and conduct quantitative Risk Analysis
  • Learn how to implement an enterprise risk management program in an organisation
  • Understand how to monitor and evaluate an enterprise risk management program for improvement

MEET YOUR TRAINER

Our Expert Trainer has over 18 years professional experience consulting and running a large number of projects internationally in countries such as England, United States, Australia, South Africa, Kenya, Tanzania, Ethiopia, Zambia, Congo, Dubai, Malaysia, and China in the areas of construction, mining oil & gas and banking and finance.

Recent clients have included the Ministry of Finance, Ministry of Agriculture, Coca-Cola, Bank of Tanzania, African Development Bank, FINCA Bank, Shell, Downer Mining in Australia, and Rio Tinto in Australia.

He has an impressive academic profile including an accredited training and assessment practitioner qualification.

Organisations that will benefit:

  • Government Agencies
  • Transport and Infrastructure
  • Telecommunications and IT
  • Retail and Distribution
  • Energy and Resources
  • Travel and Hospitality
  • Banking and Finance

Who will attend:

  • C-Level Executives
  • Risk, Audit and Compliance
  • Quality Assurance
  • Financial Management
  • Business Development
  • Sales and Marketing
  • Policy Makers
  • Investors
  • Strategic Planners
  • Procurement and Sourcing
  • Operations and Logistics
  • Human Resources

COURSE AGENDA

Day 1: Risk Fundamentals ⇓

  • Enterprise Risk Management (ERM)
  • What is the value proposition for implementing ERM?
  • The Role of Executive Management in ERM
  • The Types of ERM risks – Hazard risk, Financial risk, Currency risk, Liquidity risk, Operational risk, Strategic risks
  • Risk standards
  • Choosing the right one
  • Explanation of the new ISO 31000 international risk standard
  • COSO Enterprise Risk Management – Integrated Framework
  • RIMS Risk Maturity Model

Day 2: Risk Assessment ⇓

  • The Nature of Risk: Losses and Opportunities
  • An overview of the global business and risk environment
  • Risk culture, appetite, and tolerance
  • Neuro-economics and behavioral economics explanation of risk appetite
  • Organizational risk management
  • Conducting Risk Assessments
  • What is the relationship between risk assessment and risk management?
  • Risk identification techniques
  • Risk prioritisation and rating, including quantitative assessment tools and techniques
  • Quantitative Risk Analysis
  • Risk Analysis Matrix Delphi (expert analysis)
  • Ishikawa diagrams (fishbone analysis)
  • Root cause analysis
  • Failure mode and effect analysis (FMEA)
  • Decision Tree Analysis
  • Scenario planning
  • Monte Carlo analysis
  • Risk evaluation, problem-solving and decision-making

Day 3: Putting it into Practice ⇓

  • ERM Implementation
  • Risk Assessment
  • Risk Treatment
  • Risk, governance, and culture
  • Risk Mitigation
  • Crises, resilience and future risks
  • 2017 COSO ERM Framework
  • ISO 31000: the global risk management standard

For further information please call: +44 (0)1372 308547

or click on the brochure tab below

BROCHURE

IN-HOUSE

If you have a team of three or more, our experts can come to you!

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