Course Overview
1-Day Essentials of Risk Management Tools & Frameworks
This course introduces the principles, classifications, and practical tools of enterprise risk management (ERM), focusing on how organizations can systematically identify, assess, and manage risks to align with strategic objectives. Participants will explore risk frameworks such as COSO, the 4Ts model, and best practices for embedding risk awareness across the organization.
Target Audience
Professionals in Finance, Operations, or Governance roles seeking a foundation in modern risk management principles.
Overview
Module 1: Foundations of Enterprise Risk
What is Risk? Definitions, Categories & Classifications
Strategic vs Operational vs Financial Risk
Introduction to Risk Appetite & Tolerance
Overview of Risk Assessment Approaches
Module 2: Risk Assessment Techniques
Risk Mapping, Scoring, and Matrices
Understanding Risk Magnitude and Likelihood
Identifying Loss Prevention and Mitigation Strategies
The Role of the Project and Business Lifecycle in Risk Planning
Module 3: Tools and Frameworks for Risk Management
The 4 Ts of Risk Response: Tolerate, Treat, Transfer, Terminate
Preventive, Detective, and Corrective Controls
High-Level Introduction to Financial Risk Controls
Module 4: Implementing an Enterprise Risk Framework
COSO ERM Framework Overview
Designing Risk Governance Structures
Risk Policy, Reporting, and Control Systems
The Role of Culture in Driving Risk Awareness
Module 5: ERM in Action
Case Examples: ERM in Finance, Infrastructure, and Public Sector
Technology and Tools for Risk Monitoring
Building Risk Registers and Control Logs
Linking Risk to Strategy, Performance, and Compliance.
Learning Outcomes
By the end of this course, participants will be able to:
Understand the fundamentals of enterprise risk management and classification
Apply key risk assessment and mapping techniques
Utilize the 4Ts model and control types in evaluating risks
Interpret and apply the COSO ERM framework
Recognize how culture, systems, and strategy interact in effective risk management
PMI Professional Development Units (PDUs)
This course qualifies for 7 PDUs toward your PMI® certification or renewal requirements. PMI® Talent Triangle PDUs:
Ways of Working = 5
Power Skills = 1
Business Acumen = 1
Delivery Format
This course is offered in both Live Online and In-Person formats. You may choose to attend fully online via our instructor-led Virtual sessions, or join us In-Person (where available).
Included Materials
☑ Printable Slide Deck (PDF)
☑ Enterprise Risk Assessment Matrix Template
☑ Risk Register Template
☑ 4Ts Risk Response Reference Sheet
☑ COSO ERM Summary Framework (Handout)
☑ Certificate of Completion