This new, three-day workshop provides the framework for a successful ERM program. No two organizations will implement ERM in the same way; let our expert instructors help you customize a plan that will work for your organization.

In addition to acquiring the knowledge to fully understand the ERM process, this workshop will demonstrate practical ways of putting theory into practice by using case studies, check-lists and hands-on exercises.

You will leave with a written ERM Action Planner that outlines the specific questions you need to answer in order to sell, design and implement ERM.

Sell

• Build ERM business cases to garner necessary support and resources essential to success
• Learn how ERM can improve decision making in your organization and improve the bottom line

Design

• Apply ERM theory to the needs of your organization
• Prepare your organization to meet rating agency requirements and pending regulation

Implement

• Acquire an ERM implementation plan
• Position you ERM program for success by learning how to coach risk owners regarding implementation responsibility and process

This workshop  is essential to help you improve your ability to understand and apply ERM principals and practices.

RIMS partnered with the Center for the Advancement of Risk Management Education (CARME) to develop this advanced workshop. It is based on the Enterprise-wide Risk Management: Developing and Implementing textbook published by AICPCU/IIA (the Institutes). The textbook is required reading for the workshop. You can order the publication through RIMStore.

Start with self-study materials from the Institutes and continue your learning process with this interactive RIMS course. The amount of ERM material can seem overwhelming; let RIMS help you identify the key points relevant to you organization.

This advanced workshop not only provides you with the practical technical skills you need to develop and implement an ERM program in your organization, it can also give you a respected industry credential. When you pass the AICPCU/IIA ERM examination you will earn recognition of your achievement:

Instructors

All instructors have first-hand experience in designing and implementing ERM. The course is structured so they are available to answer questions specific to your organization and offer solutions you can put to use immediately. Gain from the knowledge and expertise of those who have "been there, done that."

ERM Action Planner

The course incorporates an ERM Action Planner for you to develop a customized program for your organization and the necessary business cases essential for support from both within and outside your organization. At the end of each learning module you will take some time to answer questions and assemble organization-specific data necessary to sell, design and implement ERM.

Interactive Format

RIMS class sizes are limited to ensure maximum interaction and instructor attention to attendee's questions and issues. Discuss common ERM implementation issues and share experiences and expertise with your peers and instructors to work through the tough issues together.

ERM: Developing and Implementing Outline and Module activity breakdown

Module 1: Overview of ERM The advantages of ERM

Module 2: Chapters 2 – 4 Establish the internal and external context Risk culture and attitude, objectives and sustainable development ERM and Strategic Planning Incorporating business and economic intelligence

Module 3: Chapters 5 – 6 Identify, analyze, and evaluate risk Exposure analysis Management departments, risk centers, and uncertainty modeling

Module 4: Chapters 7 – 10 Select appropriate RM techniques Reacting to disruptions The supply chain and crisis communication Risk financing Alternative risk transfer and derivatives

Module 5: Chapters 11 – 12 Monitor results and revise The role of corporate governance and compliance in ERM Assurance in ERM

Module 6: Chapters 13 – 14 Communicate and consult Risk ownership and communication with stakeholders Project management

Module 7: Chapter 15 Capstone Case

For a more detailed look at the module structure, see the Module outlines page.

Anyone who:

• is being asked to implement ERM
• is considering implementing ERM
• is being challenged implementing ERM
• is pro-actively preparing for new regulations
• is preparing for the ARM-E designation exam
• wants to expand their knowledge of ERM

• RIMS ERM Center of Excellence