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

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  • Very quality, professional, really awesome and interactive learning experience. Thanks a lot @makewayglobal

    Israel Akowe Avatar Israel Akowe
  • The training was great. The instructor is knowledgeable and explains the concepts very well. Thank you.

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  • Great time learning about The Lean Six Sigma

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  • Fantastic Training! Kola is a great teacher.

    Nkiru Umeh Avatar Nkiru Umeh
  • The training was thorough and the class was interesting. Nice work Kola!!

    Adetola Adepoju Avatar Adetola Adepoju

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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  • Very practical learning experience

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    Pretty good Trainer. Kola is absolutely amazing and the company knows the lean six sigma well and communicates this well.

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    It opened my eyes to se new ways and methodologies of improving system processes

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  • 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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    I really enjoyed my journey with MakeWay Global. My Lean Six Sigma training was very interesting and useful Grand Merci à Kola

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    They have a good grasp of all the trainings that they offer and support students to get their work out with great quality

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

    Gigaloluwa Ilori Avatar Gigaloluwa Ilori

    Knowledgeable facilitator. Very practical

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    The team is very professional and the quality of delivery is top notch. Customer satisfaction is also very good and it's good value for your time and money.

    Eniola Boluogun Avatar Eniola Boluogun
  • The training was thorough and the class was interesting. Nice work Kola!!

    Adetola Adepoju Avatar Adetola Adepoju

    Fantastic Training! Kola is a great teacher.

    Nkiru Umeh Avatar Nkiru Umeh

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

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  • The facilitator "Mr Kola" was top notch

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    I was impressed with Kola's in depth knowledge and passion on the subject matter. would definitely recommend MakeWay

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

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