PR307: Leading Enterprise Risk Management

This course provides leadership skills in the application of risk management within the context of an enterprise/organisation and provides delegates with the capability of coaching top management teams in the deployment of a system approach to the leadership of risk management.


Level: Professional Level
Course duration: 40 hours indicative (12 Weeks)
Classroom Based or Distance Learning Course
Minimum of 4 delegates for In-House Training

Course Content

Development and design of enterprise risk management policy, strategy and architecture:

  • Role of the board and other key stakeholders

  • Strategic and operational risk strategies and policies

  • Risk tolerance and appetite

  • Relationship to other standards, such as ISO 31000, ISO 14001,
    BS OHSAS 18001 (ISO 45001 when available), ISO 22301 and ISO 27001

  • Resources, roles and responsibilities

  • Ownership and human behaviour

  • Integration into existing governance structures

  • Holistic view of organisational capabilities

  • Obstacles to success

  • PDCA

Understanding of specific risk groupings and their impact on strategic goals:

  • Country, sector and industry risks

  • Strategic

  • Operational

  • Hazard

  • Financial

  • Supply chain

  • Cyber

  • Project/organisational change

  • Stakeholder

  • Reputation

  • Emerging risks and ‘unknown knowns/unknowns’ – resilience

Risk assessment and treatment (mitigation) techniques:

  • Risks and risk velocity – risk classification

  • Frameworks – risk registers and matrices

  • Identification techniques

  • Mitigation techniques

  • Audit (internal and external)

  • Decision theory

  • Limitations of data and statistical techniques

  • Risk management information systems

  • Risk maturity

  • Key Performance Indicators (KPIs), Key Risk Indicators (KRIs) and Service Level Agreements (SLAs)

Become a trusted advisor organisation (soft skills):

  • Relationship management

    1. Appreciation of the behavioural skills required t be able t engage with top management, the Board and other key stakeholders

    2. Communication skills and mechanisms of communication

    3. Collaboration and partnering

    4. Education, competency and skills

    5. Emerging risks

Assessment:
This course includes a two-and-a-half-hour multiple choice examination.

PR307 Leading Enterprise Risk Management

FAQs