Foundations of Enterprise Risk Management (ERM) A Practical Introduction to Managing Organisational Risk

1,000,000.00 1,450,000.00Price range: ₦1,000,000.00 through ₦1,450,000.00

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Foundations of Enterprise Risk Management (ERM) A Practical Introduction to Managing Organisational Risk

1,000,000.00 1,450,000.00Price range: ₦1,000,000.00 through ₦1,450,000.00

*All prices are excluding VAT

Online (Instructor Led)

Join a scheduled class with a live instructor. Engage in activities, and communicate with your trainer and peers.

Classroom (Physical)

Smaller class sizes foster discussions and provide a personal and interactive learning environment.

Additional Information

Course Duration

3 Days

Overview

Course Overview

This foundational Enterprise Risk Management (ERM) course provides a clear, practical introduction to managing risk across the organisation. Designed for professionals new to ERM or seeking a structured refresher, the course introduces internationally recognised standards, core risk concepts, and practical tools that support informed decision-making and effective governance.

Aligned with ISO 31000 and leading ERM best practice, participants gain a solid grounding in identifying, assessing, and responding to risks and opportunities in a consistent and disciplined way.

Who Should Attend

  • Managers and supervisors
  • Risk, compliance, and governance practitioners (new or developing)
  • Internal auditors
  • Project, operations, and finance professionals
  • Anyone involved in identifying or managing organisational risk

Learning Outcomes

By the end of this course, participants will be able to:

  • Understand key risk management concepts and terminology
  • Explain the purpose and value of Enterprise Risk Management
  • Identify and categorise organisational risks
  • Assess risks using qualitative tools
  • Apply basic risk treatment and control strategies
  • Contribute effectively to organisational risk registers and reporting

Course Structure (3 Days)

Day 1: Foundations of Risk Management

  • Risk, uncertainty, threats, and opportunities
  • Why ERM matters for performance and resilience
  • Overview of ISO 31000 and ERM frameworks
  • The risk management process (step-by-step)

Day 2: Risk Governance and Risk Assessment

  • Risk governance, roles, and responsibilities
  • Building a risk-aware culture
  • Risk appetite, tolerance, and capacity (introductory level)
  • Risk identification techniques and workshops
  • Qualitative risk analysis using probability and impact matrices

Day 3: Risk Treatment, Monitoring, and Application

  • Risk response options (Treat, Transfer, Terminate, Tolerate)
  • Control types and examples
  • Introduction to business continuity and incident response
  • Risk monitoring and basic reporting
  • Practical case study and risk assessment workshop

Learning Approach

  • Instructor-led sessions
  • Group discussions and practical exercises
  • Real-world examples and simplified case studies
  • Practical tools and templates for immediate use

Key Benefits

  • Establishes a common risk language across teams
  • Builds confidence in applying ERM fundamentals
  • Supports consistent and structured risk management practices

Lays the foundation for advanced or specialist risk training

Additional Information

Course Duration

3 Days

Students Love Us!

Loved by students
  • It opened my eyes to se new ways and methodologies of improving system processes

    Taiwo Aluko Avatar Taiwo Aluko
  • Great concept ! Looking forward to putting in practice! Very interactive teaching style! I highly recommend

    Lucy Kemboi Avatar Lucy Kemboi
  • A great eye opener and a motivation for continuous improvement praticability

    Kunle Akinbowale Avatar Kunle Akinbowale
  • Very practical learning experience

    Olanrewaju Ibidapo Avatar Olanrewaju Ibidapo
  • The facilitator "Mr Kola" was top notch

    Rafael Ariguzor Avatar Rafael Ariguzor

Overview

Course Overview

This foundational Enterprise Risk Management (ERM) course provides a clear, practical introduction to managing risk across the organisation. Designed for professionals new to ERM or seeking a structured refresher, the course introduces internationally recognised standards, core risk concepts, and practical tools that support informed decision-making and effective governance.

Aligned with ISO 31000 and leading ERM best practice, participants gain a solid grounding in identifying, assessing, and responding to risks and opportunities in a consistent and disciplined way.

Who Should Attend

  • Managers and supervisors
  • Risk, compliance, and governance practitioners (new or developing)
  • Internal auditors
  • Project, operations, and finance professionals
  • Anyone involved in identifying or managing organisational risk

Learning Outcomes

By the end of this course, participants will be able to:

  • Understand key risk management concepts and terminology
  • Explain the purpose and value of Enterprise Risk Management
  • Identify and categorise organisational risks
  • Assess risks using qualitative tools
  • Apply basic risk treatment and control strategies
  • Contribute effectively to organisational risk registers and reporting

Course Structure (3 Days)

Day 1: Foundations of Risk Management

  • Risk, uncertainty, threats, and opportunities
  • Why ERM matters for performance and resilience
  • Overview of ISO 31000 and ERM frameworks
  • The risk management process (step-by-step)

Day 2: Risk Governance and Risk Assessment

  • Risk governance, roles, and responsibilities
  • Building a risk-aware culture
  • Risk appetite, tolerance, and capacity (introductory level)
  • Risk identification techniques and workshops
  • Qualitative risk analysis using probability and impact matrices

Day 3: Risk Treatment, Monitoring, and Application

  • Risk response options (Treat, Transfer, Terminate, Tolerate)
  • Control types and examples
  • Introduction to business continuity and incident response
  • Risk monitoring and basic reporting
  • Practical case study and risk assessment workshop

Learning Approach

  • Instructor-led sessions
  • Group discussions and practical exercises
  • Real-world examples and simplified case studies
  • Practical tools and templates for immediate use

Key Benefits

  • Establishes a common risk language across teams
  • Builds confidence in applying ERM fundamentals
  • Supports consistent and structured risk management practices

Lays the foundation for advanced or specialist risk training

Additional Information

Course Duration

3 Days

Additional Information

Course Duration

3 Days

1,000,000.00 1,450,000.00Price range: ₦1,000,000.00 through ₦1,450,000.00

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    Top notch training, and i enjoyed every bit of it... Let's go on with Kaizen.

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    Fantastic Training! Kola is a great teacher.

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  • A good summary of Agile project management!

    Joshua Agbogidi Avatar Joshua Agbogidi

    The sessions were very educating and eye opening! I look forward to putting to good use all i have learnt to improve processes organization.

    Mary Ogunpeju Avatar Mary Ogunpeju

    A great eye opener and a motivation for continuous improvement praticability

    Kunle Akinbowale Avatar Kunle Akinbowale
  • Thank you MakeWay Global for a seamless opportunity to learn and implement the LeanSixSigma body of knowledge. I made my black belt!

    Obele Godsfavour Avatar Obele Godsfavour

    Thank you MakeWay Global for a seamless opportunity to learn and implement the LeanSixSigma body of knowledge. I made my black belt!

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    Makeway Global is a highly professional organization. The quality of their materials, feedback and communication will push you to succeed

    Afolabi Odumuyiwa Avatar Afolabi Odumuyiwa
  • The training sessions were involving and relevant to my workplace. post training support was also amaing

    Gigaloluwa Ilori Avatar Gigaloluwa Ilori

    Fantastic Training! Kola is a great teacher.

    Nkiru Umeh Avatar Nkiru Umeh

    The facilitator "Mr Kola" was top notch

    Rafael Ariguzor Avatar Rafael Ariguzor
  • The training was fantastic and interractive

    Opeyemi Akintola Avatar Opeyemi Akintola

    Fantastic Training! Kola is a great teacher.

    Nkiru Umeh Avatar Nkiru Umeh

    Makeway Global is a highly professional organization. The quality of their materials, feedback and communication will push you to succeed

    Afolabi Odumuyiwa Avatar Afolabi Odumuyiwa

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