Enterprise Risk Management - Principles and Practice

Level: Skill | Type: Classroom | Discipline: Business Strategy

A methodology to embed Risk Management processes within the Governance, Risk and Compliance model of organizations will be presented. The practical implementation of risk management processes outlined in ISO 31000 and the COSO framework will be presented. The role of the Enterprise Risk Management function in support of the 3-Lines of Defense Governance Model will be discussed. Throughout the class, case studies will be discussed and group exercises will be conducted.

 

Specific emphasis will be placed on the subtilties of the establish context, risk identification, analysis, evaluation, treat, and, monitor and control steps of the risk management process. The use of tools such as bow-tie diagrams, control effectiveness matrices and risk assessment matrices will be presented.

 

Risk Management topics including the development and use of Key Risk Indicators and web-based risk register tools will be covered. The role of risk management in support of Operational Excellence processes will be discussed.


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  • Establish Context, Risk Identification, Risk Analysis, Risk Evaluation, Risk Treatment and Risk Monitoring and Control
  • Managing Top Corporate Risks
  • Risk Management for Corporate Decision Making

This course will be suitable for technical experts and individuals in business support roles such as IT, project management, change management, operation excellence and risk management.

Upcoming Class

$5,600

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Start:
14 Sep
2026
End:
18 Sep
2026

Abu Dhabi, United Arab Emirates

Registration for this class closes on August 31.

If registration has closed, use the Contact us form to enquire about this class.