Enterprise Risk Management

Enterprise Risk Management (Synchronous e-Learning) (16 hrs)

Course Code: TGS-2018500527 | SSG Funded

*Online Learning*

Managers are often under pressure to make decisions and deliver on accelerated schedules, incorporate new technologies and innovations to stay ahead of the competition. Effective enterprise risk management focuses on managing risks across the organisation. Enterprise risk management aims to reduce the likelihood of a risk occurring and reduce the impact and consequence to the organisation.

This course introduces a well-proven and practical framework for risk management referencing ISO 31000. ISO 31000 provides principles, a framework and a process for managing risks for any organisation. It helps increase the likelihood of achieving objectives, improve the identification of threats and opportunities, and effectively allocate and use resources for risk treatment.

Participants will work on simulated case study to apply the principles, concepts, tools and techniques to equip participants with practical hands-on knowledge and skills to apply key learnings back at the office.

Participants who fulfill all requirements will receive Statement of Attainment (SOA) issued by the SkillsFuture Singapore (SSG).

This course qualifies for 16 Professional Development Units (PDUs) for both PMP and PMI-RMP credential holders under Project Management Institute (PMI) Continuing Certification Requirements (CCR) programme Category A.

  • Explain risk-related concepts, terms, and principles
  • Use a proven and practical risk management framework aligned to industry best practices
  • Apply structured approach to identify, analyse, evaluate, strategies to address risks and opportunities, monitor and review risks

Getting started with Risk Management

  • Define enterprise risk management
  • Principles and concepts
  • Enterprise vs project risk management
  • Key success factors
  • Enterprise vs project risk management
  • Risk management plan
  • Risk management life cycle

Risk Identification

  • Purpose of risk identification for the organisation
  • Framework selection
  • Tools and techniques
  • Risk register

Risk Analysis

  • Qualitative risk analysis
  • Quantitative risk analysis
  • Tools and techniques

Risk Evaluation

  • Evaluate the risk level based on established risk criteria

Risk Treatment

  • Risk treatment/response strategies
  • Reserve analysis
  • Triggers, contingency and fallback plans

Monitor and review risks

  • Monitor and track risks
  • Risk re-assessment and risk audits
  • Manage changes

This course is conducted in a group environment where participants are encouraged to participate in individual and team activities to promote learning, build team morale, and reinforce understanding of concepts.

The course material and group exercises used in class have been developed over many years following recognised Instructional Design techniques. All material is regularly updated based on participant feedback and current industry good practices.

Our trainers have many years of project management, leadership and training experience. They use the processes, tools, techniques and good practices outlined in the Project Management Institute’s PMBOK® Guide “A Guide to the Project Management Body of Knowledge” to facilitate effective learning and relate this knowledge to the running of successful projects in industries.

This course is suitable for entrepreneurs, small business owners, functional heads, managers, supervisors, project managers, and anyone who wants to have a structured approach managing enterprise risk management.

Duration : 2 days (16 hrs)
Time : 9:00am to 6:00pm

With effect from 1 Jan 2024

TypeIndividuals
Singapore Citizens and Permanent Residents (Aged ≥ 21 years old)Employer-sponsored and Self-Sponsored Singapore Citizens aged ≥ 40 years oldSME-sponsored Singapore Citizens and Permanent ResidentsNon-SME-sponsored Singapore Citizens and Permanent Residents
Type of Funding
SkillsFuture Funding (Baseline)SkillsFuture Mid-career Enhanced SubsidySkillsFuture Enhanced Training Support for SMEsSkillsFuture Training Support for Non-SMEs
Course Fee$800.00$800.00$800.00$800.00
Less: SkillsFuture Funding$400.00$560.00$560.00$400.00
Total Nett Fee$400.00$240.00$240.00$400.00
Add: GST @ 9% of Course Fee$72.00$72.00$72.00$72.00
Total Fee Payable$472.00$312.00$312.00$472.00

Skill Code: HAS-RIM-3017-1.1
Skill Title: Enterprise Risk Management-3
Funding valid till 11 May 2024

* Please click HERE for detailed information on general terms and conditions.

* Please click HERE for detailed information on course fee funding schemes, SkillsFuture credit, and complete listing of funded courses. This course is eligible for use of SkillsFuture credit.

(A course in partnership with EPM Training Services Pte Ltd UEN201114074D)

Key Benefits
  • Explain risk-related concepts, terms, and principles
  • Use a proven and practical risk management framework aligned to industry best practices
  • Apply structured approach to identify, analyse, evaluate, strategies to address risks and opportunities, monitor and review risks
Course Contents

Getting started with Risk Management

  • Define enterprise risk management
  • Principles and concepts
  • Enterprise vs project risk management
  • Key success factors
  • Enterprise vs project risk management
  • Risk management plan
  • Risk management life cycle

Risk Identification

  • Purpose of risk identification for the organisation
  • Framework selection
  • Tools and techniques
  • Risk register

Risk Analysis

  • Qualitative risk analysis
  • Quantitative risk analysis
  • Tools and techniques

Risk Evaluation

  • Evaluate the risk level based on established risk criteria

Risk Treatment

  • Risk treatment/response strategies
  • Reserve analysis
  • Triggers, contingency and fallback plans

Monitor and review risks

  • Monitor and track risks
  • Risk re-assessment and risk audits
  • Manage changes
Learning Methodology

This course is conducted in a group environment where participants are encouraged to participate in individual and team activities to promote learning, build team morale, and reinforce understanding of concepts.

The course material and group exercises used in class have been developed over many years following recognised Instructional Design techniques. All material is regularly updated based on participant feedback and current industry good practices.

Our trainers have many years of project management, leadership and training experience. They use the processes, tools, techniques and good practices outlined in the Project Management Institute’s PMBOK® Guide “A Guide to the Project Management Body of Knowledge” to facilitate effective learning and relate this knowledge to the running of successful projects in industries.

Who Should Attend

This course is suitable for entrepreneurs, small business owners, functional heads, managers, supervisors, project managers, and anyone who wants to have a structured approach managing enterprise risk management.

Course Details

Duration : 2 days (16 hrs)
Time : 9:00am to 6:00pm

With effect from 1 Jan 2024

TypeIndividuals
Singapore Citizens and Permanent Residents (Aged ≥ 21 years old)Employer-sponsored and Self-Sponsored Singapore Citizens aged ≥ 40 years oldSME-sponsored Singapore Citizens and Permanent ResidentsNon-SME-sponsored Singapore Citizens and Permanent Residents
Type of Funding
SkillsFuture Funding (Baseline)SkillsFuture Mid-career Enhanced SubsidySkillsFuture Enhanced Training Support for SMEsSkillsFuture Training Support for Non-SMEs
Course Fee$800.00$800.00$800.00$800.00
Less: SkillsFuture Funding$400.00$560.00$560.00$400.00
Total Nett Fee$400.00$240.00$240.00$400.00
Add: GST @ 9% of Course Fee$72.00$72.00$72.00$72.00
Total Fee Payable$472.00$312.00$312.00$472.00

Skill Code: HAS-RIM-3017-1.1
Skill Title: Enterprise Risk Management-3
Funding valid till 11 May 2024

* Please click HERE for detailed information on general terms and conditions.

* Please click HERE for detailed information on course fee funding schemes, SkillsFuture credit, and complete listing of funded courses. This course is eligible for use of SkillsFuture credit.

(A course in partnership with EPM Training Services Pte Ltd UEN201114074D)

Course Application

Details Registration
June 27, 2024 - June 28, 2024 (9:00 am - 6:00 pm)
[Online]
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December 12, 2024 - December 13, 2024 (9:00 am - 6:00 pm)
[Online]
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