Enterprise Risk Management - Course Content
1. The Meaning of Risk
- Definitions & Terminology
- Risk Ownership & Custody
- Roles & responsibilities
“I protect that which matters most.”
WORKSHOP 1 - Defining what is at Risk
2. Risk Management & Corporate Governance
- Characteristics, Benefits & Applications of Risk Management
- Risk Management Strategy & Process
- Risk Management Frameworks & Standards
3. Enterprise Risk Management
- Risk Interactions
- The Challenges Presented by Risk Silos
- Managing Enterprise Risk Holistically
- Risk Philosophy, Methodology & Architecture
“The Enterprise.... to boldly go.”
WORKSHOP 2 - Enterprise Risk Strategy
4. Risk Measurement & Risk Assessment
- Risk Measurement (Qualitative)
- Risk Assessment (Quantitative)
- Risk Metrics
- Identifying and Valuing Entities at Risk
- Valuing Intangible Assets
- Threat Identification, Domains, Agents, Catalysts, Inhibitors & Amplifiers
- Risk Taxonomy
- Business Impact & Consequences
- Vulnerability Assessment
“If you cannot measure, you cannot manage.”
WORKSHOP 3 - Risk Measurement & Assessment
5. Risk Mitigation
- Control Frameworks, Strategies & Objectives
- Balancing Costs & Benefits
- Total Cost Approach
- Ensuring that mitigation of one Risk doesn’t increase others
6. Risk Appetite
- Scoring Likelihood & Impact
- Risk Thresholds
- Key Risk Indicators
7. Risk Management Tools
- Risk Information Management
- Risk Registers
- Dynamic Risk Dashboards
- Integrated & Automated Risk Solutions
- SABSA’s Risk Management Solution
8. Measuring Success of A Risk Management Programme
- Risk Management Maturity Profiles
- Applying Capability Maturity Models to Risk
“Failing to plan is planning to fail”
WORKSHOP 4 - Risk Programme Evaluation & Action Plan
