Enterprise Risk Management – Bringing It To Life

In this course, David Tattam, Chief Research and Content Officer at Protecht, provides an introduction to Enterprise Risk Management (ERM), and the value that it brings to an organisation when it is well designed and put into practice.

Course Launch: On-Demand

Course Access: 90 days from date of purchase

Time:
5 Hours

About This Course

Course Description

In this course, you'll learn:

1. What is ERM?

2. The value of ERM

Clearly defining and articulating the objectives, purpose, uses and value add of ERM

Moving risk management from hindrance to outcome management as an enabler

3. Understanding risk and controls

Having a clear understanding of risk and controls, their components and types

Using risk bow tie analysis

Creating a strong risk taxonomy of risk and control libraries

4. An enterprise risk management framework

The overall ERM ecosystem/framework. The “jigsaw”

Integrating with, and linking to, strategy and objectives

The importance of linking through critical processes

The key parts of the framework

5. The risk management framework components

Governance

Processes and systems

People and culture

Escalation, reporting and response

Continuous improvement

6. ERM Governance

Risk appetite

Three lines model

Frameworks and policies

Roles, responsibilities and accountabilities

7. Processes and systems

Risk assessment Incident management

isk metrics Issues and actions

Controls assurance

Compliance

8. Escalation, reporting and response

Dynamic and integrated risk reporting and analytics

Assurance and early warnings

Using for decision making

9. Continuous improvement

Issues and actions management

Risk treatment

10. People & culture

Everyone’s a risk manager

Risk culture

Roles, responsibilities, accountabilities and ownership

Course Expectations:

Watch 27 videos

Answer 13 knowledge questions

Answer 10 quiz questions

Timings:

3 hours 30 minutes of video content

4-5 hours for the whole course

About Our Experts

David Tattam is the Chief Research & Content Officer and co-founder of the Protecht Group. David's vision is to redefine the way the world thinks about risk and to develop risk management to its rightful place as being a key driver of value creation in each of Protecht's customers.

Michael Howell is Protecht's Research and Content Lead. He is passionate about the field of risk management and related disciplines, with a focus on helping organisations succeed using a ‘decisions eyes wide open’ approach.

Continued Risk Learning Credits: 5

PRMIA Continued Risk Learning (CRL) programs provide you with the opportunity to formally recognize your professional development, documenting your evolution as a risk professional. Employers can see that you are not static, making you a highly valued, dynamic, and desirable employee. The CRL program is open to all Contributing, Sustaining, and Risk Leader members, providing a convenient and easily accessible way to submit, manage, track and document your activities online through the PRMIA CRL Center. To request CRL credits, please email [email protected].

Registration

Membership Type Price

Members $479

Non-members $599

If this is your first time accessing the PRMIA website you will need to create a short user profile to register. Save on registration by becoming a member.

Register Now

About This Course

Course Description In this course, you'll learn: 1. What is ERM? 2. The value of ERM Clearly defining and articulating the objectives, purpose, uses and value add of ERM Moving risk management from hindrance to outcome management as an enabler 3. Understanding risk and controls Having a clear understanding of risk and controls, their components and types Using risk bow tie analysis Creating a strong risk taxonomy of risk and control libraries 4. An enterprise risk management framework The overall ERM ecosystem/framework. The “jigsaw” Integrating with, and linking to, strategy and objectives The importance of linking through critical processes The key parts of the framework 5. The risk management framework components Governance Processes and systems People and culture Escalation, reporting and response Continuous improvement 6. ERM Governance Risk appetite Three lines model Frameworks and policies Roles, responsibilities and accountabilities 7. Processes and systems Risk assessment Incident management isk metrics Issues and actions Controls assurance Compliance 8. Escalation, reporting and response Dynamic and integrated risk reporting and analytics Assurance and early warnings Using for decision making 9. Continuous improvement Issues and actions management Risk treatment 10. People & culture Everyone’s a risk manager Risk culture Roles, responsibilities, accountabilities and ownership Course Expectations: Watch 27 videos Answer 13 knowledge questions Answer 10 quiz questions Timings: 3 hours 30 minutes of video content 4-5 hours for the whole course

About Our Experts



David Tattam is the Chief Research & Content Officer and co-founder of the Protecht Group. David's vision is to redefine the way the world thinks about risk and to develop risk management to its rightful place as being a key driver of value creation in each of Protecht's customers. Michael Howell is Protecht's Research and Content Lead. He is passionate about the field of risk management and related disciplines, with a focus on helping organisations succeed using a ‘decisions eyes wide open’ approach.