International Institute of Project Management (IIPM),
is conducting an "Enterprise Risk Management (ERM)"
course aligned to ISO 31000,COSO and PMI Frameworks. ERM is evolving
to address the needs of various stakeholders, who want to understand
the broad spectrum of risks facing complex organizations to ensure
they are appropriately managed.
course is scheduled during the weekends to suit Presidents/Owners,
CXOs, CEOs, CFOs, CMOs, CTOs, VPs, Sr.Managers, BDOs, Risk Managers,
Project Managers, Design Managers, QA/QC Managers etc.
may be noted that listed companies are required to mandatorily
implement ERM in their companies and the Executive Management is
charged with implementing Enterprise Risk Management across the
organization. Indian listed companies have begun to realize that
Enterprise Risk Management Framework appears to be the Gold Standard
for implementation. In India, clause 49 of testing agreement
stipulates Enterprise Risk Management as a mandatory compliance
What is Enterprise Risk Management (ERM)?
Enterprise Risk Management is a comprehensive framework for
implementation of risk management practices across organization. It
is the process of planning, organizing, leading, and controlling the
activities of an organization in order to minimize the effects of
risk on an organization's capital and earnings. It is an
organization-wide approach to identify, assess, communicate, and
manage risk in a cost-effective manner – a holistic approach to
It may be noted that listed companies are
required to mandatorily implement ERM in their companies and the
Executive Management is charged with implementing Enterprise
Risk Management across the organization. Indian listed
companies have begun to realize that Enterprise Risk Management
framework appears to be the Gold Standard for implementation. In
India, clause 49 of testing agreement stipulates Enterprise
Risk Management as a mandatory compliance requirement.
Who Should Attend?
CEOs, Chief Financial Officers (CFOs), Chief
Purchase Officers, Chief Information Officers , Chief Project
managers, Chief Operations Officers (COOs), Program Managers,
Project Managers, Project Engineers, Design Engineers,
Portfolio Managers, Assistant General Managers, Vice Presidents,
General Managers, Deputy General Managers, Assistant, Vice
Presidents, Project Managements Consultants, Venture
Capitalists, Bankers, Financial Analysts, Chartered
Accountants, Project Leaders, Team leaders/Members, Risk Managers,
Field Staff Members, Project Engineers, Design Engineers, Project
Leaders and Administrators, Industrial Engineers, Manufacturing
Engineers, Project Coordinators, Operating Managers, Functional
Managers, Information Technology Professionals, Software Developers,
Quality & Testing Engineers, Sales & Marketing professionals,
Civil/Mechanical/Electrical engineers, Procurement specialists,
Event mangers, R&D Managers, others involved directly or indirectly
with Project Management.
This course would help the members to
understand the current issues, challenges, and emerging practices
regarding risk management, control, and governance processes. It
helps the participant to develop a comprehensive understating of
risks in organization, to analyze and interpret risk matrix, to
understand the quantification of risk, to determine and set risk
appetite and fixing the right level of management for risk
Continuous Days (9:30 AM to 6:30 PM)
Course Fee: Rs.27,000 + 15 % ST
ENTERPRISE RISK MANAGEMENT (ERM)
- COURSE CONTENTS
1. Enterprise Risk Management (ERM)
Enterprise Risk Management is required?
Enterprise Risk Management (ERM)
Principles of Risk Management
and impact of Risk
2. Overview of Enterprise Risk Management
Achieving the benefits of ERM
Enterprise Risk Management defined
Establishing the core components of an ERM system
Outlining roles and responsibilities for ERM
internal audit’s role in ERM
3. Introduction to ISO 31000: Risk Management Standard
Framework for Managing Risk (based on ISO 31000)
Risk Management Process (based on ISO 31000)
Risk Architecture of a large PLC
Drivers of Risk Management
4. Components of Enterprise Risk Management
Risk Management Plan
Plan Risk Responses
Plan Risk Responses: Strategies
Residual and Secondary Risks
Perform Qualitative Risk Analysis
Perform Quantitative Risk Analysis
5. Introduction to COSO Model
What is COSO Model?
Why was the COSO Enterprise Risk Management-
Integrated Framework created?
What is the COSO Enterprise Risk Management-
How to obtain the COSO ERM framework?
How to implement the COSO ERM framework?
COSO Vs ISO 31000 Vs PMI Models - Comparison
6. Promoting and enhancing Enterprise Risk
Identifying Business Risks
Identifying Strategic Risks
Identifying Reputation Risks
Identifying Financial Risks
Assessing and Prioritizing Risks
Responding to Risks
Monitoring and delivering assurance
Reporting risk to Internal and External Stakeholders
7. Case Study 1 : Risk Management in IT Organization
8. Case Study 2 :Managing Risk on Global Projects
9. Case study 3: Managing Risk on Capital Projects17. Q & A
10. Case study 4: Risk Management in Financial
11. ERM Certificate Award
Enterprise Risk Management - GAP assessment which
presents the gap in knowledge of participants to put them in the
right frame of mind about their current awareness of Risk Management
knowledge irrespective of field / experience - optional.
Course Material on Enterprise Risk Management .
Case Studies from several domains – Practical
Industry oriented Practical Tips - Tips that carry
lots of practical use.
Enterprise Risk Management Certificate.
CASE STUDY based on Enterprise Risk Management Course.
Guest House for outstation candidates: IIPM can
arrange for well-furnished, A/C Guest House accommodation for
outstation candidates @ Rs.2000/- to Rs.2500/- per day extra. IIPM
understands your needs. This is a special additional service to our
ERM Certificates will be awarded by IIPM.
1. Mr. O. Arivazhagan “Ari” - IIPM
Mr. Ondiappan Arivazhagan "Ari",
is an Honors graduate in Civil / Structural Engineering from
University of Madras. He is a certified PMP, PMI-SP, PMI-RMP
USA. He is also a Master Black Belt in
Lean Six Sigma and has done Business
Analytics and Enterprise Risk Management (ERM) from
IIM, Bangalore. He has 30 years of professional global
project management experience in various countries around the World
and has almost 14 years of teaching / training experience in Project
Management, Business Analytics, Risk Management and Lean Six Sigma
and has trained more than 5000 professionals around the world and
has guided several project works. He is the Founder-CEO of
International Institute of Project Management (IIPM), Chennai.
2. Dr. C. Velan
Dr. C. Velan is a Graduate in Civil & Structural
Engineering with a Post-Graduation in Business
Administration, as well as Ecology & Environment. Has a Ph.D
Degree in Civil Engineering and for the Research work, he
focused on an area which based on the need of the hour subject
“Sustainable Design of Green Buildings”. Having
over 25 years of professional experience in various
manufacturing and service industries including the Real Estate &
Infrastructure industry, has handled various functions that include
Business Development, Marketing, Project Development Management,
Acquisitions, Property & Facility Management and related business
disciplines and Training. Has presented and published various papers
both in National and International Journals, Conferences.