Fundamental Concepts of Enterprise Risk Management

Summary: 


Fundamental Concepts of Enterprise Risk Management

ABOUT THIS EVENT

This event introduces the fundamental concepts of Enterprise Risk Management (ERM). It defines ERM as a holistic, organization-wide strategy for identifying, assessing, and mitigating risks that could impact strategic objectives. The event distinguishes ERM from Traditional Risk Management (TRM) by emphasizing ERM's proactive and integrated nature.

The event’s duration is TWO (2) Hours.

This event has a mixed medium of instruction in both English and Arabic languages.

By the end of this event you will be able to:

  1. Understand ERM Concepts Define Enterprise Risk Management (ERM) and Traditional Risk Management (TRM), and explain their differences.
  2. Link ERM to Strategy: Explain how an ERM program supports the achievement of strategic objectives.
  3. Identify and Assess Risks: Describe the five-step risk management process and utilize risk matrices to assess likelihood and impact.
  4. Explore ERM Frameworks: Recognize key ERM frameworks, such as COSO and ISO 31000, and understand the need for a flexible approach.
  5. Define Key Terminology: Define risk, risk management, risk appetite, risk tolerance, and risk capacity.

IMPORTANT INFORMATION ABOUT THE EVENT:
  1. After enrolment on the event you can find the Join Zoom Link/Recorded Video of the webinar event.
  2. Registration period is valid for 1 month from the first enrolment.
  3. You can download the certificate of attendance with 2 CPD Units after the event.

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