Enterprise Risk Management

What You Will Learn

• 1 Learn the foundational principles of enterprise risk management, including core terminology, the risk management lifecycle, and how ERM differs from traditional siloed risk approaches.
• 2 Understand the major ERM frameworks including COSO ERM 2017 and ISO 31000, and apply their components to real organizational contexts.
• 3 Develop skills to identify, categorize, and document risks across strategic, operational, financial, and compliance dimensions using structured techniques.
• 4 Apply quantitative and qualitative risk assessment methods to evaluate the likelihood and impact of identified risks and prioritize them effectively.
• 5 Build a practical risk response strategy by selecting appropriate treatment options including avoidance, mitigation, transfer, and acceptance.
• 6 Implement risk monitoring and reporting systems that provide timely, accurate, and actionable information to decision-makers at all levels.
• 7 Analyze the role of risk culture and governance in sustaining an effective ERM program, including board oversight and risk appetite frameworks.
• 8 Explore the integration of ERM with strategic planning, performance management, and business continuity to create an enterprise-wide resilience capability.
• 9 Understand emerging and evolving risk domains including cyber risk, climate risk, third-party risk, and geopolitical risk and their ERM implications.
• 10 Create a complete ERM implementation roadmap, including program design, stakeholder engagement, technology enablement, and continuous improvement cycles.