Certificate In Enterprise Risk Management (Erm) | Accredited

Enterprise Risk Management Process | ISO 31000 Principles | Risk Management Framework | ERM in Projects | ORM Foundation

What you'll learn

You will gain a thorough understanding of the risk management process and framework

You will identify how risk management classification can help you make better decisions

You will become familiar with the ISO 31000 standard, including its benefits and challenges

You will learn the eight principles of ISO 31000 for successful risk management and risk measurement

You will get familiar with evaluation and modern features of enterprise risk management

You will utilize comprehensive strategies for financial risk management within an organization

You will develop an understanding of how to conduct a political risk assessment

You will obtain an Enterprise Risk Management (ERM) Completion certification after finishing the Course.

Requirements

There are no requirements or prerequisites necessary to take this course

Description

Prepare yourself to deal with uncertainty head-on, make wise decisions, and maximize your business's long-term success by ensuring risk management. Find out how the most innovative and effective approaches to risk assessment and reducing risks can help you succeed in today's ever-changing business environment.Participants will gain an in-depth understanding of Enterprise Risk Management (ERM) and ISO 31000 during the Enterprise Risk Management Masterclass in 2024. Participants will be able to implement effective risk management strategies aligned with ISO 31000 international standards by the end of the course.Our goal is to provide a comprehensive overview of the risk management process, as well as how to handle challenges. As part of this course, we will go over the eight principles of enterprise risk management step-by-step. We'll discuss financial risk management in detail, as well as project risk management. We will take you step by step through technology, environmental, social, and political risk management with our exclusive course.We’ll help to understand the whole risk management concept better by presenting some case studies illustrating legal and regulatory risks in different industries.By enrolling in our Enterprise Risk Management (ERM) course, you will become more business savvy and secure the future of your organization.This course comes with the following Sections:Introduction to Risk Management: This section provides an overview of risk management, covering its definition, types of risks, processes, historical development, and so on.Classification of Risk: The purpose of this section is to introduce readers to the concept of risk classification, emphasizing its definition, its importance in risk management, and its application to decision-making.Introduction to ISO 31000: This section discusses ISO 31000's background, benefits, challenges, guiding principles, framework components, and the risk management process it advocates.ISO 31000:2018 and Eight Principles of Risk Management: The purpose of this section is to provide a comprehensive understanding of the eight principles of ISO 31000:2018, with an emphasis on their significance and application.Enterprise Risk Management (ERM): In this section of the Enterprise Risk Management course, we discuss the motivation for ERM adoption, its historical development, key features, benefits, how risk is defined within ERM, and a practical case study.The ERM Process-Step by Step: This section includes an overview of the Enterprise Risk Management (ERM) process, from the strategy definition to the oversight by key organizational constituents.Managing Financial Risks: In this section, we explore financial risk management, discussing risk types and how they relate to organization goals, market and credit risk management strategies, and mitigation methods.The Fundamentals of Operational Risk Management: In this section, we examine operational risk management in detail, including definitions, regulatory frameworks, similarities to other types of risks, measurement methodologies, and lots more.Managing Technology Risks: The purpose of this section is to provide an overview of managing technology risks, covering introductions and definitions, common types of technology risks, risk assessment and analysis, and risk mitigation strategies.Managing Legal & Political Risk: This section discusses types of legal and political risk, how to assess it, benefits, and strategies for effective risk management.Environmental Risk Assessment: The purpose of this section is to provide an overview of environmental risk assessment, including due diligence, changing environmental landscapes, environmental risks, and ISO 14001's role.Social Risk Assessment: This section covers the definition, relevance, methodologies, key components, practical applications, mitigation strategies, and future trends of social risk assessment.Quantitative Measurements of Risk: We cover visual representations like risk matrices and color matrices, as well as quantitative approaches like quantitative risk assessment and Risk-Adjusted Loss (RAL ) throughout this section of our enterprise risk management course.Enterprise Risk Management in Projects: Step by Step: This section covers enterprise risk management in the context of project risk management, covering project management fundamentals in depth.Developing and Implementing a Risk Management Framework: This section provides an understanding of risk management frameworks to help organizations develop, implement, and maintain effective risk management programs.ERM Case Studies: This section outlines how enterprise risk management can be applied in manufacturing, multinational corporations, and diverse industries.

Overview

Section 1: Introduction to Risk Management

Lecture 1 Understanding Risk

Lecture 2 Risk Management Framework

Lecture 3 Historical Development of Risk Management

Lecture 4 Risk Management Roles and Responsibilities

Lecture 5 Risk Culture and Risk Appetite

Lecture 6 Risk Management Processes

Lecture 7 Key Challenges in Risk Management

Lecture 8 Regulatory and Compliance Considerations

Section 2: Classification of Risk

Lecture 9 Introduction to Risk Classification

Lecture 10 Financial Risks

Lecture 11 Operational Risks

Lecture 12 Technological Risks

Lecture 13 Legal and Regulatory Risks

Lecture 14 Environmental Risks

Lecture 15 Market Risks

Lecture 16 Social Risks

Lecture 17 Integrated Risk Management

Section 3: Introduction to ISO 31000

Lecture 18 Overview of ISO 31000

Lecture 19 Understand the Benefits and Challenges of ISO 31000 Standard

Lecture 20 Learn about the Principles of ISO 31000

Lecture 21 Identify the Framework of ISO 31000

Lecture 22 Understanding the Process of ISO 31000

Section 4: ISO 31000:2018 and Eight Principles of Risk Management

Lecture 23 Introduction

Lecture 24 Integrated Risk Management

Lecture 25 Principle 2: Structured and Comprehensive Approach

Lecture 26 Principle 3: Customized Risk Management

Lecture 27 Principle 4: Inclusive Risk Management

Lecture 28 Principle 5: Dynamic Risk Management

Lecture 29 Principle 6: Best Available Information

Lecture 30 Principle 7: Human and Cultural Factors in Risk Management

Lecture 31 Principle 8: Continual Improvement in Risk Management

Section 5: Enterprise Risk Management (ERM)

Lecture 32 Why ERM?

Lecture 33 Definition of ERM based on Established Frameworks

Lecture 34 Case Study

Section 6: The ERM Process: Step by Step

Lecture 35 The ERM Process

Lecture 36 Step 1: Strategy and Objective Definition

Lecture 37 Step 2: Event Identification

Lecture 38 Step 3: Risk Assessment

Lecture 39 Step 4: Risk Response

Lecture 40 Step 5: Communication

Lecture 41 Step 6: Monitoring

Lecture 42 Step 7: Oversight

Section 7: Managing Financial Risks

Lecture 43 Types of Financial Risks

Lecture 44 Relationship between Financial Risks and Organizational Objectives

Lecture 45 Market Risk Management

Lecture 46 Risk Assessment

Lecture 47 Techniques for Managing Market Risk

Lecture 48 Credit Risk Management

Lecture 49 Liquidity Risk

Section 8: The Fundamentals of Operational Risk Management

Lecture 50 Definition of Operational Risk Management

Lecture 51 Basel II

Lecture 52 Similarities to Market and Credit Risks

Lecture 53 Basel III

Lecture 54 Operational Risk Management

Lecture 55 Operational Risk Measurement

Lecture 56 Drivers Of Operational Risk Management

Lecture 57 Key Differences between Basel II and Basel III

Lecture 58 Operational Risk Framework

Section 9: Managing Technology Risks

Lecture 59 Introduction to Technology Risks

Lecture 60 Common Types of Technology Risks

Lecture 61 Risk Assessment and Analysis for Technology Risks

Lecture 62 Risk Mitigation and Control Measures

Lecture 63 Integrating Technology Risk Management with Enterprise Risk Management (ERM)

Section 10: Managing Legal & Political Risk

Lecture 64 Legal Risks

Lecture 65 Types of Legal Risks

Lecture 66 Legal Risk Management

Lecture 67 Steps to Conduct a Legal Risk Assessment

Lecture 68 Benefits of Legal Risk Management

Lecture 69 Political Risk

Lecture 70 Types of Political Risk

Lecture 71 Steps to Conduct a Political Risk Assessment

Section 11: Environmental Risk Assessment

Lecture 72 Environmental Due Diligence

Lecture 73 The New Environment

Lecture 74 Environmental Risks and Trends

Lecture 75 Environmental Management Systems (EMS)

Lecture 76 EMS under ISO 14001

Section 12: Social Risk Assessment

Lecture 77 Introduction to Social Risk Assessment

Lecture 78 Relevance in Today's Business Environment

Lecture 79 The Role of Social Risk Assessment in Banking and Manufacturing

Lecture 80 Methodologies for Social Risk Assessment

Lecture 81 Key Components of Social Risk Assessment

Lecture 82 Practical Applications of Social Risk Assessment

Lecture 83 Mitigation and Management of Social Risks

Lecture 84 Future Trends in Social Risk Assessment

Section 13: Quantitative Measurements of Risk

Lecture 85 Risk Matrices

Lecture 86 Color Matrices

Lecture 87 Quantitative Risk Assessment

Lecture 88 Risk-Adjusted Loss (RAL)

Section 14: Enterprise Risk Management in Projects: Step by Step

Lecture 89 Project Management

Lecture 90 Project Management Risk

Lecture 91 Risk Management Planning

Lecture 92 Risk Identification

Lecture 93 Qualitative Risk Analysis

Lecture 94 Quantitative Risk Analysis

Lecture 95 Risk Response Planning

Lecture 96 Risk Monitoring and Control

Section 15: Developing and Implementing a Risk Management Framework

Lecture 97 Motivation for Risk Management Frameworks (RMF)

Lecture 98 ISO 31000

Lecture 99 COSO ERM

Lecture 100 Similarities and Differences

Lecture 101 Limitations of ERM Frameworks

Lecture 102 Developing and Implementing a Risk Management Framework

Section 16: ERM Case Studies

Lecture 103 Case Study: Risk Management in a Global Manufacturing Company

Lecture 104 Case Study: Enhancing Enterprise Risk Management at a Multinational Corporation

Risk Management Professionals,A manager of operational risk (ORM),Professionals seeking a career in Operational Risk,Professionals involved in compliance management,Professionals in Information Security,Professionals in Internal Auditing and Controls,Students studying risk management, business and finance, and banking bankers,Those who wish to learn more about Operational Risk Management