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Fundamentals of Enterprise Risk Management

Fundamentals of Enterprise Risk Management

Why Attend

In today’s complex and rapidly evolving environment, risk is no longer an isolated concern. It is a strategic imperative. This course introduces participants to key risk management concepts and practices that help ensure resilience, compliance, and the creation of long-term value. Participants will explore the principles of risk identification, assessment, and response through interactive discussions, industry-specific examples, and practical tools. The course combines theory with practical application, providing a robust foundation for individuals in governance, operations, and compliance roles.

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Overview
Course Methodology

The course employs a combination of presentations, case analyses, group discussions, and scenario-based exercises to foster a hands-on understanding of risk management practices. Participants will be expected to engage in real-world simulations and contribute to team-based problem-solving.

Course Objectives

By the end of the course, participants will be able to:

  • Describe the nature of risk and its influence on organizational performance and strategic direction
  • Analyze the relationship between governance frameworks and effective risk-based decision-making
  • Apply appropriate tools to identify, assess, and respond to risks within a structured process
Target Audience

This course is suitable for all employees involved in understanding and managing risk, including operations staff, compliance coordinators, accountants, and data analysts, as well as managers and internal auditors.

Target Competencies
  • Aligning strategy with risk context
  • Governing and overseeing risk
  • Making risk-informed decisions
  • Designing and evaluating controls
  • Communicating and reporting risk
Course Outline
  • Understanding Organizational Risk
    • Defining risk
    • Why risk management matters
    • Shifting internal and external environments
    • Foundational elements of risk culture
    • Types of organizational risk: Strategic, operational, financial
  • Governance and Risk-based Thinking
    • The role of governance in risk oversight
    • Responsibilities of boards and committees
    • Introduction to risk-based decision-making
    • Aligning risk with objectives and strategy
    • Risk appetite and tolerance
  • From Identification to Action
    • Tools and techniques for risk identification
    • Assessing likelihood and impact
    • Choosing risk responses: Accept, avoid, transfer, or mitigate
    • Designing and evaluating controls
    • Risk monitoring, communication, and reporting essentials
Schedule & Fees
2026 Schedule & Fees
Per participant
  • 29 Sep - 1 Oct, 2026
  • Arabic
  • Riyadh
  • Venue to be assigned
Fees + VAT as applicable (including coffee breaks and a buffet lunch daily) Discount Plans & Cancellations Policy

Meirc reserves the right to alter dates, content, venue, trainer, and to offer courses in an integrated virtual learning (IVL) format whereby face to face classroom participants and virtual learners participate simultaneously in the same course in an interactive learning experience.

Tax Registration Number: 100064080300003

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+971 4 556 7215
+971 56 177 0877
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+966 55 901 9634
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[email protected]
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HAVE A QUESTION?
Meirc Training and Consulting
9200 13917 (KSA)
+966 11 451 7017
+966 53 534 4368
[email protected]
Leena will help you find what you are looking for.