CPRM^TM - Certified Professional Risk Manager and Professional Certificate in Risk Planning & Management

Greed, fraud, increasing pace of technological and business changes, escalating compliance requirements, terrorism, reliance on IT, complexity of the supply chain, corporate social responsibility, fragility of reputation and so on, continuous crisis and corporate collapses have exposed the vulnerability of organizations to rising risk issues. Being able to effectively identify and manage risks & opportunities to make the best possible decisions and improve your performance is quickly becoming a critical management skill as well as a key source of sustainable competitive advantage in today's global and volatile economy.

Hence the essential purpose of CPRM^TM program is to develop Effective executives and managers to be able to combine a detailed understanding of risk management fundamental concepts, practices and tools with sophisticated leadership, managerial and organizational skills. These `hybrid' managers are the key for an organization’s survival and profitable growth in an increasingly complex and volatile business environment.

The CPRM^TM has set a new level of effectiveness for risk professionals in Asia. It is conducted by the Asia Risk Management Institute (ARiMI), the leading Asian Research and Professional Development Institute in Enterprise Risk Management, together with the National University of Singapore (NUS). CPRM^TM is your passport to master the Risk Management process and use Risk Management as leverage for effective risk taking, innovation and change.

Please click on the links below for more information.

• Key Learning Objectives of CPRM^TM
• Who should Join / Benefits / & Eligibility for CPRM^TM
• Programme Structure & Curriculum
• Training Method, Formats and Faculty
• Diploma Assessment & Certification
• Past Participants Profile & Testimonials
• Beyond CPRM^TM : Professional Development

Key Learning Objectives of the CPRM^TM

The aim of the program is not just for participants to acquire new knowledge, but also to develop the capabilities to apply that knowledge effectively to resolve their organization risk management challenge. Consequently CPRM^TM gives participants:

• An integrated, cross-disciplinary understanding (from Strategy, Finance to Psychology) of the key risk management concepts, issues, methodologies, tools and best practices
• An in-depth and dynamic understanding of the nature and factors influencing the emergence of risks and opportunities in organizations in today’s global economic, regulatory and cultural context
• A practical knowledge of effective risk identification, analysis and mapping tools and the analytical ability to interpret data into information for decision-making
• The skills to communicate risk information to various groups of stakeholders while considering the cultural and psychological factors that influence how people make decisions
• The capabiltity to develop and implement the effective risk management controls, financing and optimisation solutions adapted to an organization’s needs to increase the reliability of operations, build resilience, and foster innovation/value
• The capability to improve corporate planning & decision-making processes throught the application of Risk methodologies & tools
• The underdstanding on how to optimise the balance between the achievement of corporate objectives and the protection of other stakeholder's interests to create shared value.

Who should Join / Benefits / & Eligibility for CPRM^TM

WHO should attend?

• CRO/Risk Managers
• Insurance Managers & Brokers
• Internal Auditors & Accountants
• Project, Change Managers & HR Managers
• Safety, Health & Environment Professionals,
• Public Sector Officers & Charity Professionals
• Compliance Officers & Legal Professionals
• Engineers, Loss adjusters & Surveyors
• Divisional/Operational directors or managers who need to understand how risk will affect their performance
• Consultants
• Anyone taking up a new role in Risk Management or wishing to enter the profession

What are the Benefits of CPRM^TM For you?

• Gain new comprehensive knowledge of risk management most recent and effective tools and methodologies
• Methodologies, Tools and Techniques learned can be immediately applied at work to improve your effectiveness and performance
• Enhance your leadership and risk decision-making skills by learning how to optimise Risks and Opportunities.
• Build your network with risk professionals and learn from direct industry experience in managing risks.
• Earn a professional title recognising your new knowledge & skills  and gain a competitive edge enhancing your career advancement opportunities.

What are the Benefits of CPRM^TM For your organization?

• Having 'In House' Risk experts really able to improve your organization's performance by optimizing the overall strategic and operational risks/return balance.
• Increase your stakeholders confidence in your Risk Management system & people capabilities.
• Improve Strategy, reduce waste and enhance operational efficiency with better decisions,  improved risk-based processes and control systems supported by the development of a risk aware culture.

The ARiMI - NUS Advantage

• Taught by leading Risk Management experts & experienced Risk Professionals
• Recognized Certifications awarded by NUS & ARiMI
• Full Program Materials, Guides and Notes provided
• Convenient Location at the Heart of Singapore
• Strong Alumni network of Risk Professionnals
• Unique program content & Innovative Delivery format

Eligibilty for Prospective CPRM^TM applicants:

• Hold a university degree from an accredited institution
• Possess a minimum of 3 years of professional experience
• Some managerial experience prefered

Programme Structure & Curriculum

The program consists of 8 workshop modules and provides a comprehensive and structured learning path both in scope and depth covering:

The Essentials of Enterprise Risk Management
CCM1	Risk Foundations -Theory & Practice of ERM	1 day/7 hrs
CCM8	Business Ethics and Social Responsibility	1 day/7 hrs
The Key Steps of the Risk Management Process
CCM2	Risk Assessment & Corporate Profile Diagnostic	1 day/7 hrs
CCM3	Risk Identification & Measurement Techniques	1 day/7 hrs
CCM4	Psychology of Risk Communication & Decisions	1 day/7 hrs
CCM5	Management Control Systems & Risk Optimization	1 day/7 hrs
CCM6	Risk Financing & Transfer Solutions	1 day/7 hrs
CCM7	Risk Monitoring, Reporting & Review (KPIs/KRIs)	1 day/7 hrs

Each workshop module consists of 1 intensive day/7hours of contact hours. The 8 workshop modules are organized into 4-days sessions spread over 2 months. The physical time on campus represents 8 days as follows:

• Attend the 2 foundational certificate modules (CCM1 & CCM8) - 2 days
• Attend the 6 core certificate modules (CCM2 to CCM7) - 6 days

The modular structure of the program, allows participants to balance work and study at the same time.

To obtain the Certification, participants are required to pass successfully the required Asssessment for accreditation purposes (more information in the section: Program Assessment)

Training Method, Formats and Program Faculty

All program modules are conducted using a unique workshop format that fosters interaction, knowledge sharing and experiential learning. It involves a balanced mix of:

• fundamental lectures;
• interactive case presentations;
• group discussions and sharing of experience;
• problem-solving exercises including computer aided workshops;
• case simulations with 'role plays'

All with a clear focus on real Risk Management issues in an Asian context.

Program Faculty

Our Trainers are highly credentialed risk management practitioners, scholars, skilled educators, groundbreaking researchers, and entrepreneurs. They will bring to the participants a wealth of knowledge and experience from various industries that will be very useful in the work of the participants. For more information click on the name of the faculty below:

• Marc Ronez, Managing Director & Master Coach, The Asia Risk Management Institute (Program Leader)
• Er Jwee Ping, Professor of Risk Management and Accounting, NUS
• Paul Clarke, Managing Director, Echelon Consulting
• Bala Krishnan, Manaing Director, JLT Interactive

Program Assessment & Certification

To ensure the quality and meet the requirements of the Professional Certification, all candidates are required to:

• Attend the 8 required workshop modules.
• Take a Sit-in exam consisting of Forty five questions (multiple-choice) and is administered onsite at NUS / ARiMI Campus. The time allotted is one hour.
• The practical assignment consists of 2 case studies that participants will have to solve to demonstrate a real understanding of the methodologies and tools learned during the programme. Working individually, the completed assignment must be submitted to the Asia Risk Management Institute for grading within 6 weeks after the last module (CCM8).

Upon successful completion of all the required modules, project assignment & exam, candidates will be awarded the professional designation of:

• Certified Professional Risk Manager (CPRM^TM) by the Asia Risk Management Institute

and the

• Professional Certificate in Risk Planning & Management by NUS Extension

Past Participants Profile and Testimonials

Participants are coming from a wide range of industries and functions bringing a wealth of experiences and perspectives on critical Risk Management issues. It stresses the critical importance of effective Risk Management for every industry sectors and job functions.

Group Profile Snapshot:

• Strong academic background
• International exposure & mindset
• Strong professional experience (average 7+ years with significant time in management)
• Recognized professional achievements
• Average range: Early 30's and 40's (actual range from 27 to 51 years old)
• Strong leadership potential and maturity

Testimonials

"I found the CPRMTM program to be very intensive and highly valuable. The program has a good mix of strategy, psychology and practical applications that provided many useful insights into the world of risk management. Case studies were exceptional and provided real life examples which made the learning and assimilation process very enriching. The concept which I found extremely useful to my current job is the Risk Tree model which is a fantastic way of depicting both the causes and consequences of a risk outcome."

Ashwin Kumar, Regional Crisis & BCM Manager, BP - British Petroleum Malaysia

“I learnt a lot and appreciate the holistic perspective of risk management that the the CPRMTM program offers. It provides a broad yet very practical knowledge and best practices of enterprise risk management. I am able to apply many of the foundational concepts and tools not just in my work but in my daily life too.”

Roland Lim, Director (Technology), Systems & Engineering Group
ST Electronics (Info-Software Systems) Pte Ltd

"Very practical program, the trainers excelled in facilitating case discussions and creating a stimulating learning environment which allowed participants to share experiences effectively."

Sim Huey Ping, Risk Manager, NTUC Income

Beyond CPRM^TM: Professional Development

For your next step in Professional Learning Development

You can also further develop toward the CERM^TM, Certified Enterprise-wide Risk Manager Designation. The CERM^TM is designed to develop Risk Champions able to drive ERM projects implementation in your organization. The CPRM™/Professional Certificate course content cover more than 50% of the CERM^TM /Professional Diploma course curriculum and will ease your way to a pass successfully the CERM examinations should you wish to continue your development as a Risk Management Leader in your organisation.

For more information, please visit our website at www.arimi.org

Beyond the Classroom: Continuous learning & Alumni Membership

The CPRM^TM - Certified Professional Risk Manager programme is a powerful experience. By its very participative nature, it creates strong links between the participants. Only part of the value you take from the programme originates in the classroom, your interaction with your programme peers and your ability to learn from them should be continuous.

The Asian Risk Management Society (ARMS) is an alumni association established by ARiMI and is open to all participants and graduates of our programs. It provides regular opportunities for alumni to meet, exchange ideas and practices and to continue learning and developing themselves. The following are some of the benefits of Alumni membership:

• Alumni Graduates directory
• Email newsletter: Risk Connection
• Discounted invitations to Conferences
• Participation in numerous research and activities
• Career development support

With access to a growing number of risk management graduates through the Asia Risk Management Society (ARMS), you can expect your learning experience to be fulfilling and long lasting.

Take this opportunity and Register for the next intake of CPRM^TM Now to reserve your Place!