{"id":541,"date":"2022-05-16T15:24:23","date_gmt":"2022-05-16T15:24:23","guid":{"rendered":"https:\/\/carleton.ca\/future-edge\/?page_id=541"},"modified":"2026-04-14T11:30:00","modified_gmt":"2026-04-14T15:30:00","slug":"professional-certificate-in-risk-management-program-outline","status":"publish","type":"page","link":"https:\/\/carleton.ca\/future-edge\/all-programs\/professional-certificate-in-risk-management\/professional-certificate-in-risk-management-program-outline\/","title":{"rendered":"Professional Certificate in Risk Management &#8212; Topics &amp; Dates"},"content":{"rendered":"\n<section class=\"w-screen px-6 cu-section cu-section--white ml-offset-center md:px-8 lg:px-14\">\n    <div class=\"space-y-6 cu-max-w-child-max  md:space-y-10 cu-prose-first-last\">\n\n        \n                    \n                    \n            \n    <div class=\"cu-wideimage relative flex items-center justify-center mx-auto px-8 overflow-hidden md:px-16 rounded-xl not-prose  my-6 md:my-12 first:mt-0 bg-opacity-50 bg-cover bg-cu-black-50 py-24 md:py-28 lg:py-36 xl:py-48\" style=\"background-image: url(https:\/\/carleton.ca\/future-edge\/wp-content\/uploads\/sites\/107\/2026\/04\/Risk-Management-Web-Banner-1-768x336.png); background-position: 50% 50%;\">\n\n                    <div class=\"absolute top-0 w-full h-screen\" style=\"background-color:rgba(0,0,0,0.600);\"><\/div>\n        \n        <div class=\"relative z-[2] max-w-4xl w-full flex flex-col items-center gap-2 cu-wideimage-image cu-zero-first-last\">\n            <header class=\"mx-auto mb-6 text-center text-white cu-pageheader cu-component-updated cu-pageheader--center md:mb-12\">\n\n                                    <h1 class=\"cu-prose-first-last font-semibold mb-2 text-3xl md:text-4xl lg:text-5xl lg:leading-[3.5rem] cu-pageheader--center text-center mx-auto after:left-px\">\n                        Professional Certificate in Risk Management &#8211; Program Outline\n                    <\/h1>\n                \n                                    \n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/carleton.ca\/future-edge\/all-programs\/professional-certificate-in-risk-management\/\">Professional Certificate in Risk Management<\/a><\/div>\n<\/div>\n\n\n                            <\/header>\n        <\/div>\n\n            <\/div>\n\n    \n\n    <\/div>\n<\/section>\n\n\n\n<p id=\"Principles-and-practice\"><strong class=\"myprefix-text-bold\">CRM01 -Risk Management: Principles and Practices <\/strong><\/p>\n\n\n\n<p>The course highlights the basic concepts involved in the risk management process from policy development to the implementation of a risk management program. Through this examination an evaluation of risk management frameworks is undertaken along with a comparison of enterprise and operational risk management. Various methods of risk identification, risk assessment and risk financing are also explored.<\/p>\n\n\n\n<p><strong>Topics covered include:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Introduction to Risk Management<\/li>\n\n\n\n<li>Risk Management Standards and Guidelines<\/li>\n\n\n\n<li>Risk Tolerance vs. Risk Appetite<\/li>\n\n\n\n<li>Operational, Financial and Enterprise Risk Managementv<\/li>\n\n\n\n<li>Risk Management Framework and Process<\/li>\n\n\n\n<li>Risk Identification,<\/li>\n\n\n\n<li>Risk Assessment \u2013 Key Risk Indicators<\/li>\n\n\n\n<li>Risk Financing \u2013 Commercial Insurance, Hedging\/Derivatives, Contractual Transfer<\/li>\n\n\n\n<li>Financial Statement Risk Analysis<\/li>\n\n\n\n<li>Monitoring and Reporting of Riskv<\/li>\n<\/ul>\n\n\n\n<p id=\"Risk-Assessment-and-Treatment\"><strong class=\"myprefix-text-bold\">CRM02 &#8211; Risk Assessment and Treatment<\/strong><\/p>\n\n\n\n<p>This course provides learners with a broad understanding of the assessment and treatment techniques for the major categories of risk faced by all organizations, including hazard, operational, financial and strategic risks. It reviews various risk treatment alternatives including risk transfer and the benefits of accepting risk when pursuing an opportunity. It also discusses in detail many types of risk and methodologies for managing such risks, including emerging risks and business risks traditionally faced by risk management professionals.<\/p>\n\n\n\n<p><strong>Topics covered include:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Overview of Risk Assessment<\/li>\n\n\n\n<li>Root Cause Analysis<\/li>\n\n\n\n<li>Business Continuity Management<\/li>\n\n\n\n<li>Physical Property Risk<\/li>\n\n\n\n<li>Intellectual Property and Reputation Risk<\/li>\n\n\n\n<li>Legal and Regulatory Risk<\/li>\n\n\n\n<li>Management Liability<\/li>\n\n\n\n<li>Human Resource Risk<\/li>\n\n\n\n<li>Environmental Risk<\/li>\n\n\n\n<li>Crime and Cyber risk<\/li>\n\n\n\n<li>Fleet Risk<\/li>\n<\/ul>\n\n\n\n<p id=\"Risk-Financing\"><strong class=\"myprefix-text-bold\">CRM03 &#8211; Risk Financing<\/strong><\/p>\n\n\n\n<p>This course looks at the selection, implementation and monitoring of risk financing techniques; methods in which an organization can obtain funds to finance its risks that it would be exposed to; forecasting its loss exposures; and, use of present value methods to select the best risk financing option.<\/p>\n\n\n\n<p><strong>Topics covered include:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Framework for risk financing in context of risk management framework;<\/li>\n\n\n\n<li>Estimating risk criteria for risk financing;<\/li>\n\n\n\n<li>Risk financing techniques;<\/li>\n\n\n\n<li>Insurance as a risk financing technique;<\/li>\n\n\n\n<li>Financing property, liability, net income and personal losses;<\/li>\n\n\n\n<li>Accounting and some income tax aspects of these losses;<\/li>\n\n\n\n<li>Insurance pricing and selection of insurers and their representatives;<\/li>\n\n\n\n<li>Implementing risk retention available options including use of affiliated insurance products; and risk cost allocation.<\/li>\n\n\n\n<li>Contractual and Capital market risk transfers reinsurance<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>CRM01 -Risk Management: Principles and Practices The course highlights the basic concepts involved in the risk management process from policy development to the implementation of a risk management program. Through this examination an evaluation of risk management frameworks is undertaken along with a comparison of enterprise and operational risk management. Various methods of risk identification, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":335,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_cu_dining_location_slug":"","footnotes":"","_links_to":"","_links_to_target":""},"cu_page_type":[],"class_list":["post-541","page","type-page","status-publish","hentry"],"acf":{"cu_post_thumbnail":""},"_links":{"self":[{"href":"https:\/\/carleton.ca\/future-edge\/wp-json\/wp\/v2\/pages\/541","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/carleton.ca\/future-edge\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/carleton.ca\/future-edge\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/carleton.ca\/future-edge\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/carleton.ca\/future-edge\/wp-json\/wp\/v2\/comments?post=541"}],"version-history":[{"count":5,"href":"https:\/\/carleton.ca\/future-edge\/wp-json\/wp\/v2\/pages\/541\/revisions"}],"predecessor-version":[{"id":8286,"href":"https:\/\/carleton.ca\/future-edge\/wp-json\/wp\/v2\/pages\/541\/revisions\/8286"}],"up":[{"embeddable":true,"href":"https:\/\/carleton.ca\/future-edge\/wp-json\/wp\/v2\/pages\/335"}],"wp:attachment":[{"href":"https:\/\/carleton.ca\/future-edge\/wp-json\/wp\/v2\/media?parent=541"}],"wp:term":[{"taxonomy":"cu_page_type","embeddable":true,"href":"https:\/\/carleton.ca\/future-edge\/wp-json\/wp\/v2\/cu_page_type?post=541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}