Manage Risk Through Effective Enterprise Risk Management

Understand the relationship between internal control and Enterprise Risk Management (ERM) to address agency risks by conveying their impact across a strategically aligned portfolio.

This leads to the accurate prioritization of challenges to support effective use of resources and the achievement of the mission. This course will enable you to adhere to the ERM requirements outlined in OMB Circular A-123.

Who Takes This Course: This course is designed for program and project managers, supervisors, and staff in all disciplines and at all levels, including internal review staff.
 

Learning Objectives:

• Explain the governing authorities that relate to internal control and how they apply to the overall internal control process
• Demonstrate the ability to identify and assess risks
• Explain OMB's Enterprise Risk Management (ERM) guidelines for managing an effective ERM program, including how to develop risk profiles
• Use the appropriate internal control test methods during an internal control review (ICR)