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[NP-CTDG2EW-FAS] (SCTP Module) Enterprise Risk Management in a Digital World

Offered by School of InfoComm Technology

Certifiable Courses

Course Schedule
About Course
Course Structure
Entry Requirements
Financial Matters
Register Interest
Area of interest
Data Analytics, Others, Technology

Course Schedule

By submitting your course application for this module, you are applying towards the SkillsFuture Career Transition Programme (SCTP) - Data Governance:
https://stms.polite.edu.sg/student/ihlcourse/detail/11c3258b-fd2c-4ddf-871e-7350f5dbc4b0

About Course

Course Objectives

The ISO 31000 standard forms the backbone of an enterprise risk management framework, emphasizing a holistic approach to managing risks across the entire organization. This standard ensures due consideration for overall enterprise objectives, acting as a common language and strategy hub for existing risk management efforts. The goal of enterprise risk management is to both decrease the likelihood of risks occurring and minimize their impact on the organization. It serves as a coordinated activity to guide and control the organization with regard to risk, incorporating a crucial upstream element known as risk sensing.

Despite the significance of risk sensing in anticipating risks and opportunities, many organizations lack structured frameworks for meaningful anticipation. A Risk Sensing capability is highlighted as critical for Strategic Planning and Enterprise Risk Management, urging organizations to adopt more anticipatory processes. This approach challenges leaders to think creatively, fostering a deeper understanding of the interconnections between factors and enhancing institutional resilience through scenario planning.

Course Description

This module aims to train learners to:
- Understand the nature of risks and the need for risk management
- Understand the fundamentals of Enterprise Risk Management
WRisk identification, risk analysis, and risk evaluation and treatment
•Risk likelihood and risk impact
•Five-step ERM process: establish context, make an assessment, develop a response, monitor and review, and communicate and consult
-Learn how to implement a risk governance structure
-Understand how risk sensing is an important complement to enterprise risk management
-Understand why risk profile dashboards and common operating pictures are critical to risk and crisis management
-Learn how other government and private sector organizations have applied risk sensing techniques as part of their decision making process
-Recognise the different methodologies applied in risk sensing and how they can help your strategic anticipation capability
-Understand how analytical processes and tools can support the risk sensing process

Course Structure

TPG course reference No.

TGS-2025059383

(SCTP Module) Enterprise Risk Management in a Digital World
(SCTP Module) Enterprise Risk Management in a Digital World (NP-CTDG2EW-FAS)
The ISO 31000 standard forms the backbone of an enterprise risk management framework, emphasizing a holistic approach to managing risks across the entire organization. This standard ensures due consideration for overall enterprise objectives, acting as a common language and strategy hub for existing risk management efforts. The goal of enterprise risk management is to both decrease the likelihood of risks occurring and minimize their impact on the organization. It serves as a coordinated activity to guide and control the organization with regard to risk, incorporating a crucial upstream element known as risk sensing.

Despite the significance of risk sensing in anticipating risks and opportunities, many organizations lack structured frameworks for meaningful anticipation. A Risk Sensing capability is highlighted as critical for Strategic Planning and Enterprise Risk Management, urging organizations to adopt more anticipatory processes. This approach challenges leaders to think creatively, fostering a deeper understanding of the interconnections between factors and enhancing institutional resilience through scenario planning.
A Certificate of Completion will be awarded to learner who achieve at least 75% attendance and pass all required assessment(s).

A Certificate of Attendance will be awarded to learner who meet the 75% attendance requirement.

This module is part of the SkillsFuture Career Transition Programme (SCTP) - Data Governance:
https://stms.polite.edu.sg/student/ihlcourse/detail/11c3258b-fd2c-4ddf-871e-7350f5dbc4b0

Entry Requirements

Condition 1

Highest qualification

Possess a minimum Diploma in IT/Computer Science, Science, Technology, Engineering, Mathematics, or Business-related disciplines.
or

Condition 2

Working experience

Have a minimum of 3 years of relevant work experience, with demonstrated proficiency in foundational digital literacy, an understanding of basic IT infrastructure and data concepts, and proven analytical and problem-solving skills within an operational or business context. Proficiency in English (written, spoken, reading, and listening) to effectively comprehend complex regulatory and technical course materials, engage in discussions, and communicate findings.

Financial matters

Course fees payable (incl. GST & excl. supplementary fee)

Description (SCTP Module) Enterprise Risk Management in a Digital World Total course fee
Full Course fee $1,744.00 $1,744.00
Additional course fee funding support $123.20 $123.20
SkillsFuture Mid-Career Enhanced Subsidy $203.20 $203.20
SkillsFuture Baseline Funding for Singapore Citizen aged below 40 $523.20 $523.20
SkillsFuture Baseline Funding for SPR $523.20 $523.20

GST rate

The course fees payable above are inclusive of 9% GST rate.

Payment option

The first payment needs to be made after accepting the offer.

Allowed payment by

The course fee allows to be paid by:
Post-Secondary Education Account (Adhoc withdrawal form);
SkillsFuture Credits (SFC);
Credit card (e-payment);
Debit card (e-payment);
PayNow (e-payment).

Refund and withdrawal policy

  • Please note that a 100% refund will be available if the withdrawal request is submitted more than or equal to 14 days before the course start date.
  • Please note that a 50% refund will be available if the withdrawal request is submitted less than 14 days before the course start date.
  • Please note that no refund will be available if the withdrawal request is submitted on or after the course start date.

Remarks

Government funding for SCTP only applies to all Singaporeans and Singapore Permanent Residents aged 21 years old and above, for more information please visit:
https://www.skillsfuture.gov.sg/careertransition

For more information on SkillsFuture Mid-Career Training Allowance, please visit:
https://www.myskillsfuture.gov.sg/content/portal/en/career-resources/career-resources/education-career-personal-development/SkillsFuture-Mid-Career-Training-Allowance.html

SkillsFuture Credit (SFC) can only be used to cover:
(i) Course fees payable;
(ii) Assessment fees which are part of the course;
(iii) Certification fees which are part of the course; and
(iv) GST imposed on components supported for SFC use.

Penalty charges apply if you:
(i) are absent/no-show;
(ii) withdraw from a course within 14 days of the course start date;
(iii) fail to meet terms and conditions for funding eligibility.

SFC cannot be used to offset penalty charges imposed by Ngee Ann Polytechnic.