Enterprise risk management (ERM) is a concept that has gained tremendous interest and support throughout the public sector in recent years. While there has been a great deal of guidance published to help organizations implement a comprehensive program (e.g., the COSO framework and CFOC/PIC publication, "Playbook: Enterprise Risk Management for the U.S. Federal Government"), there are many practical implications that many public sector entities still find challenging. In this two-part series, we will walk through an ERM implementation using a fictitious government but with real-life scenarios.
Part Two of this two-part webinar series will address establishing sustainable ERM practices.
By the end of this course, participants will be able to:
- Obtain tools for building cost-effective and efficient ERM practices, not only for compliance purposes, but to add value to an organization and its strategic pursuits
- Identify key instruments for monitoring the program and maintaining sustainability