A highly interactive training course on

The Complete Course in Enterprise Risk Management (ERM)

Protecting Your Organisation in Turbulent Times

Course Schedules

London

24-28 Feb 2025

$5,950

Dubai

14-18 Apr 2025

$5,950

Dubai

04-08 Aug 2025

$5,950

Dubai

22-26 Dec 2025

$5,950

Training course overview

Post-pandemic, have you and your colleagues adapted to the "new normal"?

Enterprise Risk Management (ERM) essentially means learning to expect the unexpected. It requires that you, as an ERM or project manager, start your team thinking about risk, prevention, and “what if” scenarios from the outset of project planning, rather than reacting only when an incident occurs.

In light of the myriad unexpected risks encountered in 2020, it is now imperative to rapidly revise your risk criteria and mitigation plans. This five-day intensive course on Enterprise Risk Management will challenge you to think creatively about enhancing your risk-taking capabilities. It will prepare you and your organization to handle unforeseen events effectively, capitalize on emerging opportunities, and minimize risks and additional costs before they arise.

What are the goals?

By the end of this Coventry Academy training course, you will be able to:

Apply the necessary expertise in implementing a complete ERM process
Effectively oversee a vibrant ERM and Business Resilience culture
Identify and evaluate your ERM frameworks and practices
Understand the changes in ERM practices as a result of the global paradigm shift
Comprehend mechanisms of resilient corporate governance & its relationship to ERM
Guide Organizational Deployment

Who is this training course for?

This Coventry Academy training course is suitable to a wide range of professionals but will greatly benefit:

Practitioners & implementers requiring new thinking post pandemic
Designated Incident, Emergency & Crisis Response Managers
Line & Project Managers who need to ensure that they are effectively managing risk
Professionals who want a practical starting point for establishing an effective ERM
Business Continuity Managers
Anyone involved in implementing a Business Resilience framework

Course Outline

Day One: Principles of Risk and Enterprise Risk Management

Objectives & Governance, concepts & definitions
Mapping and assessing Your current governance arrangements
Commitment - Setting Your objectives for implementing the latest guidance
Who are the internal and external stakeholders?
The importance of culture, communication and behaviour in seeking an effective ERM structure
An overview of the global post pandemic business environment
Enterprise Risk Management – The Resilient Organisation

Day Two: ISO 31004 – Designing the Framework for Managing ERM

ERM framework and process
ERM responsibilities – who does what, who is on the team
ERM accountabilities and performance measures
Compare Your current ERM to ISO31000:2009 principles
Alignment between ERM policy and the organisation
Risk attitude: pursue, retain or avoid with respect to risk appetite and tolerance
Options for risk criteria, assessment, identification, analysis and evaluation

Day Three - Business Continuity Management Systems (BCMS)

Fundamental principles of Business Continuity Management
Implementation of a BCMS in accordance with ISO 22301 & 27031
Business Impact Analysis (BIA) and Risk Assessment
To understand the relationship between BCMS and the compliance with the other ERM requirements, including supply chain strategies
Writing a business case and a project plan for the implementation of a BCMS
Incident and emergency response management (including mutual aid)

Day Four – Implementing Effective Enterprise Risk Management

Resources and methodologies to implement The Plan
Ensuring ERM becomes part of significant decision-making
What are the likely barriers to implementation (risk culture)?
Risk reporting & the limitations of various risk reporting tools & methodologies
Assess the merits of quantitative risk modelling & qualitative reporting
Align your risk reporting processes with other strategically important management activities, such as reputation management

Day Five – Monitoring, Review and Continuous Improvement of the Framework

Key risk indicators (KRI´s)
Continuous improvements, running your own team-based risk workshops
Collate risk and control information from multiple sources into a central risk register or inventory of risk information system
Controls register or inventory of controls (The “Five Ws”)
Understand feedback provided to you by those you communicate with and take on board “lessons learnt”