Enterprise Risk Management Certification

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Enterprise Risk Management Certification

Category

Risk

CPD Units

20 Structured CPDs

Cost

Ksh. 40,000

Enterprise Risk Management (ERM) is about managing organisational risks in a consistent, common and integrated way. This program is a practical hands-on training that offers program learners a unique opportunity to learn the concepts and principles of enterprise risk management.  In this 8-part series,learners will be equipped with the requisite knowledge to design, implement and operate enterprise risk programs for the successful management of organisational risk.

This training course is designed to provide an understanding and an appreciation of the principles and practices of risk management to enable the production of the optimum strategy for the handling of risk in an organization.  This course starts with making a case for an enterprise risk management program and proceeds to walk the student through the building blocks of an effective enterprise risk management program (ERM).  

This training course will enable participants to appreciate the need and urgency to re-visit their existing risk management framework to improve and align with the organization's strategic plan.

On completion of this program, learners will be able to:

  • Understand key ERM concepts and its linkage to performance and strategy
  • Implement a best practice ERM framework for managing risk within an organization
  • Establish the internal and external risk context
  • Identify and assess risks to produce and update a risk profile for an organization of any size and scale
  • Prepare and facilitate risk treatment plans for an organization
  • Monitor, review and improve risk management activities and processes

There are no pre-requisites for this course.  This course is suitable for:

  • Anyone who needs to understand risk management and the role it plays in their area of business 
  • Anyone who needs to know how risk affects strategy and decision making
  • Anyone new to risk who wants to feel more confident in enterprise risk management
  • Anyone who wishes to enter the risk profession
  • Anyone looking for a refresher to enhance their knowledge  

Certification Curriculum

Course Introduction
3 Mins

This section provides the learner with a holistic and globally relevant view of integrated risk management.

1.0 - Module 1 Introduction
3 Mins
1.1 Understanding the Interconnected World
9 Mins
1.2 Understanding the Unpredictable World
12 Mins
1.3 Understanding the Complex World
7 Mins
Module One Test

This lecture will provide the learner with situational and holistic awareness of the big picture of risk in context of organizational performance and strategy.

2.0 ERM Strategy and Policy
3 Mins
2.1 ERM Strategy and Policy
7 Mins
2.2 ERM Strategy and Policy
2 Mins
Module Two Test
2.3 ERM Strategy and Policy
9 Mins

This lecture will provide the learner with a step-by-step understanding of the risk management process.

3.0 - Module 3 Introduction
2 Mins
3.1 Introduction to ERM Standards
11 Mins
3.2 An Overview of the Risk Management Process
2 Mins
3.3 Step One - Establish the Context
5 Mins
3.4 Step Two - Risk Identification
15 Mins
3.5 - Step Three(a) - Introduction to Risk Analysis
6 Mins
3.6 - Step Three(b) -Qualitative Risk Analysis
8 Mins
3.7 - Step Three(c) - Quantitative Risk Analysis
10 Mins
3.8 - Step 4 Risk Evaluation
6 Mins
3.9 - Step 5 Risk Treatment
6 Mins
3.10 - Step 7 Risk Communication and Consulting
6 Mins
3.11 - Step 8 Risk Monitoring and Review
6 Mins
Module Three Test

This lecture will equip the learner with an understanding of the critical enablers for an effective ERM program.

4.0 - Module 4 Introduction
3 Mins
4.1 - Leadership and Tone at the Top
7 Mins
4.2 - Transparency and Risk Communication
3 Mins
4.3 - Risk Culture
3 Mins
4.4 - Fit for Purpose Organizational Structure
3 Mins
Module Four Test

This lecture will enable the learner set the risk appetite and tolerance for their organization.

Introduction and Overview
3 Mins
Lecture 1
6 Mins
Lecture 2
1 Min
Lecture 3
1 Min
Risk Appetite and Tolerance

In this module, the learner will cover Corporate strategic risk, organizational change, climate risk and sustainability, and reputational and crisis management.

Introduction and Overview
4 Mins
6.0 Organisational Risk Introduction
1 Min
6.1 Organisational Risk
22 Mins
Module Six Test

In this module, the learner will cover project risk, supply chain risk, operational and conduct risk, information and cyber risk, regulatory risk and legal risk.

Introduction and Overview
4 Mins
7.1 - Cybersecurity Risks
14 Mins
7.2 - Supply Chain Risks
13 Mins
7.3 - Regulatory and Compliance Risks
14 Mins
Module Seven Test

In this lecture, the learner will understand how to assess and improve the risk culture to effect positive change.

8.0 Risk Culture Introduction
6 Mins
8.1 Risk Culture Lecture 1
7 Mins
8.2 - Risk Culture Lecture 2
8 Mins
8.3 Risk Culture Lecture 3
9 Mins
8.4 - Risk Culture Lecture 4
8 Mins
Module Eight Test