CRM-E Canadian ERM Certification

RIMS Fellow - CRM-EThe workshop for CRM-E (enterprise risk management training), which is an adjunct to the Global Risk Institute’s Canadian Risk Manager designation, begins in Canada in Toronto on June 01.

I will be co-facilitating  the 3-day workshop in Toronto with John Bugalla. It is sponsored by RIMS, and is called  Enterprise-Wide Risk Management: Developing and Implementing (the name of the text). The first session will be a little experimental. John says many of the participants in the US version of this course (ARM-E) are not interested in writing the exam; we will have to see what the Canadian participants want to do. I created the content for the online exam for the CRM-E certification, and so I will be able to prepare students on that score.

Once we understand the background and requirements of the participants, we will be able to adjust the finer points of the approach. I have prepared a number of supplementary materials as back-up:

01-Organizational Planning Process
Shows relationship of Corporate identity; Environmental scan; Strategic/operational planning; Future scenarios; Risk assessment; Performance management; Program evaluation.
02-Corporate Governance
Diagram setting out roles & responsibilities of board; executive; audit authorities; risk owners/managers; and stakeholders.
03-Context Paper

Template with headings to establish the scope and assumptions of risk ID and assessment on a given plan, project, or policy.
04-Risk Register

A spreadsheet that accommodates all steps in the risk assessment, mitigation and monitoring process.
05-Risk Categories

A set of generic categories of sources of risk that can be used to facilitate the identification of risk. Also, a set of specialized risk criteria on new program implementation.
06-BCgov-Risk Dictionary
An elaborate set of generic risk categories applicable to organizational planning contexts — very useful for conducting comprehensive risk ID.
07-Likelihood and Consequence Descriptors
Suitable for operational and strategic contexts. Can be used as a preliminary model and modified according to organizational needs.
Links and references to information vital to ERM implementation and risk ID and assessment. For example: Environmental Scan; Risk Scenarios Planning; Compliance Pitfalls.
09-CRM-E Exam Study Guide

The CRM-E online exam consists of multiple choice and 4 short answer (text) questions. The Canadian and US (ARM-E) versions are distinct.
Key points on ERM implementation in the organization, as well as the risk ID and assessment process. Intended to help practitioners understand what is required to successfully implement a risk regime.

The Enterprise-Wide Risk Management: Developing and Implementing workshop is scheduled in Canada for Edmonton, Oct 17-19; and Vancouver, Nov 21-23.

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