Implementation of Enterprise Risk Management

ENTERPRISE RISK MANAGEMENT – IMPLEMENTATION

COURSE OVERVIEW

Whilst risk management is endorsed as best practice within modern organisations, the implementation of integrated risk management across the enterprise is happening slowly and tentatively. This course introduces delegates to the core concepts behind enterprise risk management thinking using a unique practical format.

COURSE BENEFITS

Skills:

After completion of this course, you will be able to:

Understand the concept of Enterprise Risk Management
Use appropriate terminology in discussions of Enterprise Risk Management
Understand how to design, build and deploy an integrated Enterprise Risk Management system

Support Materials:

The course is accompanied by a detailed manual that contains briefings, examples and reference materials.

WHO SHOULD ATTEND

Those that need to extend their knowledge and activities into Enterprise Risk Management. A life-like case study will span the most important elements of the main section of this training course allowing delegates to learn by example.

COURSE Programme

Enterprise Risk Management (ERM)

Enterprise Risk Management
Roles and responsibilities for ERM

ERM at large

COSO and the COSO ERM
Core definitions and terminology that span ERM systems
Risk appetite, reasonable assurance and the limitations of ERM systems

Building out an ERM system – learning by example

The ERM architect
Establishing the organisation’s context and drivers
Including both financial and non-financial assets in the architecture
Mapping the organisation’s objectives and linking them to core processes
Evaluating risks that imperil the objectives
Taking account of risk appetite and risk prioritisation
Identifying conceptual control strategies
Setting metrics
Choosing optimum strategies via cascaded options
Explosion of strategies into component parts
Ensuring integration of risk mitigating activities within the enterprise
Dealing with operational issues: variance and triggers
Maintenance of completed operational structures

PRESENTED BY:
This course is designed, developed and presented by MindGrove Ltd.

TRAINING

In-House Training

Public Course Schedule

Course Library

CONSULTANCY

RESOURCES

CLIENTS

CONTACT US

To discuss bringing this course in-house, please complete our on-line Enquiry Form or call us on 01925 732 757.

Call us on +44 (0)1925 732 757