Foundations of Enterprise Risk Management (ERM) A Practical Introduction to Managing Organisational Risk
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Foundations of Enterprise Risk Management (ERM) A Practical Introduction to Managing Organisational Risk
₦0.00
*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!
At the end of the lean six sigma training I was able to identify improvement opportunities for my work processes which will form my green belt project. Excellent training! Will definitely recommend.
Aanuoluwapo S
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
Thank you MakeWay Global for a seamless opportunity to learn and implement the LeanSixSigma body of knowledge. I made my black belt!
Obele Godsfavour
Fantastic Training! Kola is a great teacher.
kiki Fredricks
Very quality, professional, really awesome and interactive learning experience. Thanks a lot @makewayglobal
Israel Akowe
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 |
|---|
I was impressed with Kola's in depth knowledge and passion on the subject matter. would definitely recommend MakeWay
Paul Machona
The training was thorough and the class was interesting. Nice work Kola!!
Adetola Adepoju
Very quality, professional, really awesome and interactive learning experience. Thanks a lot @makewayglobal
Israel Akowe
Top notch training, and i enjoyed every bit of it... Let's go on with Kaizen.
Chizuru Nwankwonta
It was a very insightful training experience, the facilitator had a good grasp of the topic and concept and his delivery style is excellent!
ADEBOLA SURAKAT
Fantastic Training! Kola is a great teacher.
Nkiru Umeh
MakeWay Global is undoubtably the best training company I have worked with. Their professionalism, ability and willingness to help is genuinely second to none. Kabir Walker
Kabir Walker
Knowledgeable facilitator. Very practical
Efe Michael Denedo
This has been a fantastic experience for our organization. Incredible knowledge of Lean Six Sigma by the facilitator.
energy training
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
The facilitator was knowledgeable and was able to break down the concepts and tools to everyone's level.
Jide Babalola
Great Course ..! Very Immersive.. and Hands On...The Kola(the facilitator) covered a large amount of the Subject matter under a short period while keeping it engaging..
Fiyinfoluwa Bamigbola
Pretty good Trainer. Kola is absolutely amazing and the company knows the lean six sigma well and communicates this well.
Ozioma Cynthia Ughelu
A great eye opener and a motivation for continuous improvement praticability
Kunle Akinbowale
Pretty good Trainer. Kola is absolutely amazing and the company knows the lean six sigma well and communicates this well.
Ozioma Cynthia Ughelu
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TRANSFERS AND CANCELLATION POLICY
Transfers are permitted one time only within the calendar year. Transfer requests must be submitted in writing via e-mail no later than 7 business days before the programme start date. You may transfer into another training event that will be held before September 30, 2027. If you are unable to send a replacement, you forfeit your registration fee. If you are unable to attend the programme to which you transfer, you may send a replacement. All transfers and cancellations must be made in writing to connect@makewayglobal.com
