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

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  • I enjoyed my training on lean six sigma. The trainer is very knowledgeable and he was able to expalin the concepts very well. I would recommend MakeWay Global for their quality and excellence.

    mary apamo Avatar mary apamo
  • Fantastic Training! Kola is a great teacher.

    kiki Fredricks Avatar kiki Fredricks

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

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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.

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    Great training and great instructor. Very meticulous and professional. Happy to have been able to participate and learn

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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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    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.

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  • I enjoyed my training on lean six sigma. The trainer is very knowledgeable and he was able to expalin the concepts very well. I would recommend MakeWay Global for their quality and excellence.

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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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