ORM Foundation

US$399.00

The PECB ORM Foundation training course introduces the basic principles of Operational Risk Management (ORM). It helps participants understand key ORM concepts, risk identification methods, assessment techniques, and control implementation. This course is ideal for individuals looking to support or initiate ORM practices within their organization.

Description

The PECB ORM Foundation training course provides a comprehensive introduction to Operational Risk Management (ORM). This course helps participants understand the key principles of identifying, assessing, and mitigating operational risks. It covers the structure and components of an effective ORM framework, including risk assessment techniques, control implementation, and ongoing risk monitoring processes.

Participants will also learn how to align operational risk practices with organizational goals, regulatory requirements, and industry standards. The course is designed to enhance decision-making, improve internal controls, and foster a proactive risk-aware culture within organizations.

 

Why Should You Attend?

The PECB ORM Foundation course equips you with the essential knowledge required to support the design, implementation, and maintenance of an operational risk management system. Whether you’re new to risk management or looking to formalize your skills with a recognized risk management certification, this course offers valuable insight and practical knowledge.

You will learn:

  • How to define operational risks and their impact
  • Risk analysis and mitigation strategies
  • Risk appetite and tolerance setting
  • How to monitor Key Risk Indicators (KRIs)
  • The integration of ORM with business operations and regulatory frameworks

 

Who Should Attend?

This ORM training course is ideal for:

  • Risk management professionals and consultants
  • Compliance officers and internal auditors
  • Business continuity and governance professionals
  • Individuals seeking PECB ORM certification or expanding risk-related knowledge
  • Anyone involved in managing or improving risk frameworks within an organization

 

Learning Objectives

By completing the PECB Operational Risk Management Foundation course, you will be able to:

  • Understand the structure and purpose of ORM frameworks
  • Identify operational risks and assess their likelihood and impact
  • Apply risk evaluation and treatment methods
  • Define roles and responsibilities in operational risk programs
  • Support the continuous improvement of ORM practices

 

Educational Approach

  • Interactive sessions with real-world case studies and discussions
  • Multiple-choice quizzes for exam preparation
  • Encouraged collaboration and experience sharing among participants
  • Available in flexible formats: classroom, online, or hybrid

 

Prerequisites

There are no prerequisites for this course. Anyone interested in learning the fundamentals of operational risk management is welcome to join.

More Details

Course agenda

Day 1: Introduction to Operational Risk Management (ORM) and the ORM Framework
Day 2: Implementation of ORM processes, risk treatment methods, and control monitoring

Examination

The PECB ORM Foundation exam fully complies with the PECB Examination and Certification Program (ECP) requirements and evaluates participants across the following competency domains:

  • Domain 1: Core concepts and principles of Operational Risk Management

  • Domain 2: Planning, implementation, and continuous improvement of ORM frameworks

For details on the exam format, language options, and additional policies, please visit the PECB List of Exams and Exam Rules and Policies.

General Information

  • Certificate and examination fees are included in the price of the training course.
  • Participants will receive more than 200 pages of comprehensive training materials, including practical examples, exercises, and quizzes.
  • Participants who have attended the training course will receive an attestation of course completion worth 14 CPD (Continuing Professional Development) credits.
  • Candidates who have completed the training course with one of our partners and failed the first exam attempt are eligible to retake the exam for free within a 12-month period from the date the coupon code is received because the fee paid for the training course includes a first exam attempt and one retake. Otherwise, retake fees apply.

For more information, please get in touch with us at info@riskprofs.com or visit www.riskprofs.com.