Course Detail(BF100 : Essential ERM Tools & Techniques for Risk Managers)

BF100 : Essential ERM Tools & Techniques for Risk Managers

14.00 CPE Hours (Others)
Classroom

Programme Objective

This programme aims to cover the learning and application of various tools & techniques current corporate risk managers should possess in order to be a successful and effective leader in risk management.  At the end of the course, the participants will be able to assess the needs and deploy appropriate tools effectively to produce results, and apply techniques for effective communications and management of risks with various stakeholders.

Case studies, group exercises and experience sharing will form the integral part of this programme, so that the participants will be able to ‘learn and apply’ during the classroom learning and enhance practical knowledge of addressing the underlying issues in the real marketplace.

Programme Outline

  • Overview of Enterprise Risk Management (ERM)

  • ERM organisation structure & revolution

    • governance expectations for Board Oversight of Risk Management
    • senior executive leadership in ERM
    • where do we start? project initiation and planning
    • the role of ERM Risk Manager
    • the roles of internal and external auditors
  • ERM and corporate strategic planning
    • rising expectations for strategic risk management
    • ERM positioned as value-adding
    • Board demands for more strategic risk management
    • integrating risk into strategic planning
    • recognising strategic business risk
    • evaluating strategic business risk
    • 11 tenets of the return driven framework
    • using a framework to build a strategic risk management mindset
    • creating a strategic risk mindset and culture
    • a strategic risk management mindset
    • recognising value of strategic risk management  at high-performance companies
    • building a strategic risk management process
    • Strategic risk management processes
    • focus on Assets at Risk
    • Strategic risk management and performance measurement
    • Critical steps for value-added strategic risk management
  • ISO 31001 ERM Framework, Tools & Techniques (T&T)

    • Principles of RM and Excellence in RM
    • Concept and Elements
    • Risk Management Process (RMP)
    • Establishing the Context
    • Inputs to Process Activities
    • Contraints
    • T&T - create corporate risk appetite, risk tolerance
    • T&T - Project Planning & Facilitation Techniques
    • T&T - SWOT Analysis
    • T&T - PEST Analysis
    • Risk Identification
    • Inputs to Process Activities
    • Contraints
    • T&T - Business Risk Breakdown Structure
    • T&T - Risk Taxonomy
    • T&T - Risk Checklist & Prompt List
    • T&T - Causal Analysis
    • T&T - CAPM Analysis
    • T&T - Risk Register Structure
    • Risk Analysis
    • Inputs to Process Activities
    • Contraints
    • T&T - Probability Trees
    • T&T - Expected Monetary Value
    • T&T - Utility Theory
    • T&T - Monte Carlo Simulation
    • T&T - Sensitivity Analysis
    • T&T - Scenario Analysis
    • T&T - Investment Appraisal
    • T&T - Bow-Tie Risk Analysis
    • Risk Treatment
    • Inputs to Process Activities
    • Contraints
    • Risk Appetite
    • Risk Response Strategies
    • Monitoring & Review
    • Inputs to Process Activities
    • Contraints
    • T&T - Review analysis
    • T&T - Fishbone analysis
    • T&T - FMEA analysis
    • T&T - Key Risk Indicators & Performance Appraisal
    • Communication and Consultation
    • Inputs to Process Activities
    • Contraints
    • T&T - Communication & Stakeholder management skills
    • T&T - Persuading, Negotiating and Influencing skills
    • T&T - Project Planning & Facilitation Techniques
  • Lessons from the fields

    • ERM process
    • Clarifying strategies and objectives
    • identifying risks
    • assessing risks
    • acting on the risks
    • monitoring risks
    • ERM integration
    • Management initiatives
    • Strategic planning and ERM
    • The Balanced Scorecard and ERM
    • Budgeting and ERM
    • Internal Auditing and ERM
    • Business Continuity Planning, Crisis Preparation, and ERM
    • Corporate Governance and ERM
  • Case Studies: 

    • Integrating Risk Management into the Strategic Planning Process
    • ERM Implementation in a developing country
    • ERM Implementation in a large health insurer
Training Methodology6Lecture style and facilitation with case studies/ group exercisesClosing Date for Registration91 week before programme or until full enrolment

Intended For

An Intermediate level programme intended for Corporate Risk Managers, Accounting & Finance Professionals, Accountants with existing responsibility of ERM. Professionals who like to understand what it takes to be a successful corporate risk manager are welcome to attend.

Competency Mapping

Others = 14.00 Hours

Schedule & Fees

Date & Time

07 Sep 2017 (9:00 AM - 5:00 PM)
08 Sep 2017 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Ian Ng

Date & Time

28 Sep 2016 (9:00 AM - 5:00 PM)
29 Sep 2016 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Ian Ng

Date & Time

28 Oct 2015 (9:00 AM - 5:00 PM)
29 Oct 2015 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Ian Ng
Ian Ng

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Ian Ng
PMC, PMP, CBCP, CISA
MB(InfoTech), B.A(Hons) in Accounting & Finance


Ian is the founder and director of a management consulting firm specialising in risk management, project management, business continuity & crisis preparedness, productivity improvement consultancy and training.  He has over 20 years of internal auditing, consulting, corporate governance, change management and training experiences. Having worked in financial institutions, big-4 auditing firm, SGX-listed company and GLCs, he has vast experiences in helping corporations to develop strategy to drive enterprise change initiatives or programme. Ian was previously the head of PMO in Jurong Port, responsible for cross-functional business transformation and port extension projects. During his tenure at JP, he was appointed as Corporate Risk Manager and had successfully implemented series of management initiatives, such as enterprise risk management, business continuity management, information security, port security and safety & health initiatives.

Ian is a regional & experienced facilitator with cross-cultural training exposure, as he has trained hundreds of IT, engineering professionals, senior management, business & operational managers from ASEAN, Asia Pacific, Middle East, Africa, Europe & North America countries.  He had been previously engaged by several international training providers, Brunei Government and professional associations to deliver ERM, IT auditing, PMP and BCM professional certifications and other non-certification courses. He is currently engaged by professional bodies to deliver risk-based auditing, IT auditing and Lean Six-Sigma in auditing.

He is currently a certified Practising Management Consultant (SPRING-accredited), certified Project Management Professional (PMP), certified Business Continuity Professional (CBCP) and certified Information Systems Auditor (CISA). He holds a Honours degree in Accounting & Finance from Lancaster University, UK and Master of Business InfoTech from Curtin University of Technology, Australia.

Programme Objective

This programme aims to cover the learning and application of various tools & techniques current corporate risk managers should possess in order to be a successful and effective leader in risk management.  At the end of the course, the participants will be able to assess the needs and deploy appropriate tools effectively to produce results, and apply techniques for effective communications and management of risks with various stakeholders.

Case studies, group exercises and experience sharing will form the integral part of this programme, so that the participants will be able to ‘learn and apply’ during the classroom learning and enhance practical knowledge of addressing the underlying issues in the real marketplace.

Programme Outline

  • Overview of Enterprise Risk Management (ERM)

  • ERM organisation structure & revolution

    • governance expectations for Board Oversight of Risk Management
    • senior executive leadership in ERM
    • where do we start? project initiation and planning
    • the role of ERM Risk Manager
    • the roles of internal and external auditors
  • ERM and corporate strategic planning
    • rising expectations for strategic risk management
    • ERM positioned as value-adding
    • Board demands for more strategic risk management
    • integrating risk into strategic planning
    • recognising strategic business risk
    • evaluating strategic business risk
    • 11 tenets of the return driven framework
    • using a framework to build a strategic risk management mindset
    • creating a strategic risk mindset and culture
    • a strategic risk management mindset
    • recognising value of strategic risk management  at high-performance companies
    • building a strategic risk management process
    • Strategic risk management processes
    • focus on Assets at Risk
    • Strategic risk management and performance measurement
    • Critical steps for value-added strategic risk management
  • ISO 31001 ERM Framework, Tools & Techniques (T&T)

    • Principles of RM and Excellence in RM
    • Concept and Elements
    • Risk Management Process (RMP)
    • Establishing the Context
    • Inputs to Process Activities
    • Contraints
    • T&T - create corporate risk appetite, risk tolerance
    • T&T - Project Planning & Facilitation Techniques
    • T&T - SWOT Analysis
    • T&T - PEST Analysis
    • Risk Identification
    • Inputs to Process Activities
    • Contraints
    • T&T - Business Risk Breakdown Structure
    • T&T - Risk Taxonomy
    • T&T - Risk Checklist & Prompt List
    • T&T - Causal Analysis
    • T&T - CAPM Analysis
    • T&T - Risk Register Structure
    • Risk Analysis
    • Inputs to Process Activities
    • Contraints
    • T&T - Probability Trees
    • T&T - Expected Monetary Value
    • T&T - Utility Theory
    • T&T - Monte Carlo Simulation
    • T&T - Sensitivity Analysis
    • T&T - Scenario Analysis
    • T&T - Investment Appraisal
    • T&T - Bow-Tie Risk Analysis
    • Risk Treatment
    • Inputs to Process Activities
    • Contraints
    • Risk Appetite
    • Risk Response Strategies
    • Monitoring & Review
    • Inputs to Process Activities
    • Contraints
    • T&T - Review analysis
    • T&T - Fishbone analysis
    • T&T - FMEA analysis
    • T&T - Key Risk Indicators & Performance Appraisal
    • Communication and Consultation
    • Inputs to Process Activities
    • Contraints
    • T&T - Communication & Stakeholder management skills
    • T&T - Persuading, Negotiating and Influencing skills
    • T&T - Project Planning & Facilitation Techniques
  • Lessons from the fields

    • ERM process
    • Clarifying strategies and objectives
    • identifying risks
    • assessing risks
    • acting on the risks
    • monitoring risks
    • ERM integration
    • Management initiatives
    • Strategic planning and ERM
    • The Balanced Scorecard and ERM
    • Budgeting and ERM
    • Internal Auditing and ERM
    • Business Continuity Planning, Crisis Preparation, and ERM
    • Corporate Governance and ERM
  • Case Studies: 

    • Integrating Risk Management into the Strategic Planning Process
    • ERM Implementation in a developing country
    • ERM Implementation in a large health insurer
Training Methodology6Lecture style and facilitation with case studies/ group exercisesClosing Date for Registration91 week before programme or until full enrolment

Intended For

An Intermediate level programme intended for Corporate Risk Managers, Accounting & Finance Professionals, Accountants with existing responsibility of ERM. Professionals who like to understand what it takes to be a successful corporate risk manager are welcome to attend.

Competency Mapping

Others = 14.00 Hours

Programme Facilitator(s)

Ian Ng
PMC, PMP, CBCP, CISA
MB(InfoTech), B.A(Hons) in Accounting & Finance


Ian is the founder and director of a management consulting firm specialising in risk management, project management, business continuity & crisis preparedness, productivity improvement consultancy and training.  He has over 20 years of internal auditing, consulting, corporate governance, change management and training experiences. Having worked in financial institutions, big-4 auditing firm, SGX-listed company and GLCs, he has vast experiences in helping corporations to develop strategy to drive enterprise change initiatives or programme. Ian was previously the head of PMO in Jurong Port, responsible for cross-functional business transformation and port extension projects. During his tenure at JP, he was appointed as Corporate Risk Manager and had successfully implemented series of management initiatives, such as enterprise risk management, business continuity management, information security, port security and safety & health initiatives.

Ian is a regional & experienced facilitator with cross-cultural training exposure, as he has trained hundreds of IT, engineering professionals, senior management, business & operational managers from ASEAN, Asia Pacific, Middle East, Africa, Europe & North America countries.  He had been previously engaged by several international training providers, Brunei Government and professional associations to deliver ERM, IT auditing, PMP and BCM professional certifications and other non-certification courses. He is currently engaged by professional bodies to deliver risk-based auditing, IT auditing and Lean Six-Sigma in auditing.

He is currently a certified Practising Management Consultant (SPRING-accredited), certified Project Management Professional (PMP), certified Business Continuity Professional (CBCP) and certified Information Systems Auditor (CISA). He holds a Honours degree in Accounting & Finance from Lancaster University, UK and Master of Business InfoTech from Curtin University of Technology, Australia.


Upcoming Schedule

Registration is closed

Date & Time

07 Sep 2017 (9:00 AM - 5:00 PM)
08 Sep 2017 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 577.80
For Non-Members: $ 693.36

Programme Facilitator(s)

Ian Ng

Venue

111 Somerset Road
#06-01/02
SAA Global Education, Tripleone Somerset
Singapore 238164