Certified Enterprise Risk Manager – Electric Reliability Learning Objectives and Outline

Length – Three Days
CERM – ER Learning Objectives

This course will enable attendees to understand:

  • Common risk concepts and develop an ERM vocabulary
  • How to assess risks
  • How organization determine risk appetite
  • How to prioritize and prepare risk response (treatment) strategies to mitigate and manage organizational or business unit risk
  • How to design, monitor, evaluate, and test the effectiveness of a system of internal controls
  • Determining audit scope and documenting the elements of findings using principles of ERM
  • Determining risk in audits

CERM – ER Course Modules

  1. Context (Risk)
  2. Internal Environment
  3. Objective Setting
  4. Risk/Event Identification
  5. Risk Assessment
  6. Risk Response
  7. Control Activities
  8. Information & Communication
  9. Monitoring
  10. Value Added Auditing™ (GAGAS) Sections
    Planning
    Fieldwork
    Reporting
  11. CERM Exam