International Certificate in Enterprise Risk Management

Title: International Certificate in Enterprise Risk Management Organization: IRM Website: [theirm.org](https://www.theirm.org/qualifications/international-certificate-in-enterprise-risk-management/) ## Skills **Risk Management Foundations** - Recognize the **origins** and understand the **key concepts** of risk management. - Compare and contrast the main **risk management standards**, such as ISO, COSO, and the Orange Book. - Develop effective **risk management approaches** utilizing risk principles, frameworks and processes. **Tactics** - Identify, analyze, and prioritize risks to align with organizational and strategic objectives. - Evaluate and select the appropriate controls to effectively manage, monitor and report on organizational risks. - Analyze real-life case studies and identify risk management lessons. **Leadership** - Examine risk appetite and tolerance to determine what a successful risk culture looks like - Understand risk management's role and responsibilities regarding corporate governance and regulatory requirements - Correlate the risk management framework with the strategic framework of an organization - Assess how sustainability impacts organizational performance and what role risk management plays - Illustrate how risk management is a vital tool in ensuring organizational resilience ## Evaluation | | | | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | **Module One: Principles of Risk and Risk Management** Get an introduction to the principles and concepts of risk and risk management and its development through Enterprise Risk Management using international best practices. Learn why risk management principles and frameworks are the foundation of effective risk management implementation. **Assessment:** - [[MCQ Exam (IRM)]] - Module 1 Essay Assignment | **Module overview:** - Appraise risk and risk management, aligned to recognised international standards - Identify the most appropriate risk management principles, frameworks and processes to use - Determine the most important risks of an organisation given its context and objectives - Cultivate an organisational environment where risks are effectively managed, monitored, and reported on - Set the appropriate level of risk based on an organisation's risk culture maturity - Examine the role of risk management within corporate governance and risk assurance | | | | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | **Module Two: Practice of Risk Management** Gain the skills and know-how to implement effective risk management to set and deliver on an organisation’s strategy, taking account of its value chain and core objectives. Explore and examine the different risk management approaches to embed risk management and assess the core competencies organisations require from risk professionals and individuals. **Assessment:** - Module 2 Essay Assignments (2) |