- COSO 2017 - updated ERM Framework
- Chief risk officers, risk owners, risk managers and internal auditors
Government is committed to the optimal management of risks to achieve its vision, mission and objectives. The management of risks is done through an ongoing process for identifying, evaluating and monitoring of strategic and operational risks and opportunities. Sound and sustainable risk management enables the Government to anticipate and respond to changes in its environment and to make informed decisions under conditions of uncertainty.
The approach to risk management (ERM) has been adopted by the Government. It ensures a structured and systematic process of risk management within a unitary framework that is aligned to the Government’s governance responsibilities. ERM shall be embedded in the governance and control systems of all MDA’s and processes to ensure that Government’s response to risk remains current and dynamic.
The capacitation program is built around the ERM Framework and includes video's, documents, practical exercises and quizzes to test the knowledge gained.
COSO 2017 model
The key elements that will turn risk into results are depicted below:
- Lectures 24
- Quizzes 2
- Duration 10 weeks
- Skill level All levels
- Language English
- Students 2
- Certificate No
- Assessments Yes