Certification in Comprehensive Risk Analysis (ARiMI-CRA™)
Refine decision-making, navigate risks, and achieve peak organizational performance as a Certified Risk Analyst with cutting-edge risk analysis.
Intake
25 February 2025
Duration
5 days over 2 months
Format
100% Live Online
Recognition
ARiMI-CRA™ Fundamental Certification
Overview of Risk Analysis Program
The Certification in Comprehensive Risk Analysis course, designated as the Certified Risk Analsyst (ARiMI-CRA™) program, delves into the pivotal query: “How can one confidently strike a balance between opportunity and risk in critical decisions?” Arm yourself with methodologies and tools to craft a risk mapping model, aligning organizational performance with risk management.
This program is designed to cultivate highly effective Risk Analysts, enabling participants to skillfully conduct comprehensive risk assessment and mapping in projects and organizations. This empowers you to adeptly identify, analyze, and manage Risks and Opportunities, optimizing organizational performance.
Learning Objectives of Risk Analysis
ARiMI’s Certified Risk Analyst program goes beyond knowledge and certification; it’s about applying what you learn to tackle real-world risk challenges. Risk Analysts endorsed with ARIMI-CRA™ will:
Understand Risk
Build an in-depth and dynamic understanding of the factors that influence the emergence of risks and opportunities in organizations in today’s global economic, regulatory and cultural context.
Strengthen Risk Assessment
Gain practical, in-depth, and interdisciplinary expertise (spanning strategy, finance, and psychology) in identifying and mapping Risks/Opportunities. Utilize methodologies and tools to design a more visible and measurable risk assessment process, effectively analyzing both threats and opportunities, including unforeseen “Black Swans.”
Hone Risk Communication
Develop the skills to communicate risk information to various groups of stakeholders, while considering the cultural and psychological factors that influence how people make decisions.
Enhance Planning & Decision-Making
Nurture the analytical capabilities to interpret data for effective strategic and operational decision-making. Gain the ability to allocate limited resources to pertinent risk/opportunity issues through the application of suitable Risk Assessment methodologies and tools.
Program Modules of Risk Analysis
Risk LEADERS Modules:
The Essential of Risk of Value Management
RLM1: Risk-Taking & Value Creation Management in Organisations – Principles, Theory & Practices
This introductory risk analysis module offers a framework for crafting a dynamic vision of risk management, known as Enterprise-wide Risk Management (ERM). It provides a roadmap to comprehend the origins, current scope, and purpose of ERM principles, methodologies, and tools. Topics covered include definitions of risk, the risk maturity model, role functions, and the benefits of risk management. It also explores aspects such as corporate governance, stakeholders, various global risk management models, and successful implementation strategies.
RLM2: Business Ethics, Social Responsibility & Corporate Value Sustainability
In a morally ambiguous world lacking a definitive guide for leaders facing dilemmas in managing risks and opportunities, this module delves into the intricate ethical and social aspects of business. It offers a framework to assist participants in making and justifying tough decisions. Additionally, it examines the construction of a business model centered on Corporate Social Responsibility (CSR) to generate shared value by positively impacting the environment, consumers, employees, and other stakeholders.
Risk EXPERTS Modules
Mastering the Process of Managing Risk & Value
REM1: Risk Assessment & Corporate/Project Value Profile Diagnostic
Modern organizations now grapple with increased volatility and complexity in today’s global business environment. Making effective decisions demands a thorough diagnostic of the organization’s risk profile. This risk analysis module introduces the Value and Risk mapping model, emphasizing benefits and outlining the process of identifying, analyzing risks, and creating risk maps. It also explores diverse applications, some unconventional, for implementing risk mapping in an organization.
REM2: Risk Learning, Communication & Decision Making
This module offers techniques and training to cultivate individuals who can adeptly navigate the art and science of communicating about risks with diverse internal and external stakeholders. This proactive approach involves anticipating risk issues, preventing crises, and, if unavoidable, mitigating and overcoming the resulting damage.
Program Information
The Certification in Comprehensive Risk Analysis for the ARiMI-CRA™ program requires:
- Hold a university degree
- Have at least 1 year of professional experience
Course Dates
24 February 2025 (Mon): Program Orientation (up to 1 hour)
25 – 26 February 2025 (Tue – Wed): Modules RLM1 and RLM2
24 – 26 March 2025 (Mon – Wed): Modules REM1.2, REM1.2 and REM2
Exam Date
25 April 2025 (Fri): Online Exam
Registration Deadlines
27 December 2024: Closing registration date for Early Bird
11 February 2025: Closing registration date for the rest, including registrations with ARiMI Grants
Registration usually closes two weeks before the program begins.
Published Course Fee: SGD 3,625.00 nett
Early Bird Course Fee: SGD 2,765.00 nett (register by 27 December 2024 to be eligible)
Course Fee with 25% ARiMI Grant: SGD 2,718.75 nett
Course Fee with 35% ARiMI Grant: SGD 2,356.25 nett
Exam Fee: SGD 315.00 nett
20% Group Discount:
Register two or more participants from the same company for the program and receive a 20% discount on the published course fee. Discounts do not apply to examination fees and cannot be combined with ARiMI Grants or other offers.
Approach:
- Fully live online training
- Interactive experiential learning
- Blended learning
- Collaborative learning (high-level peer engagement)
- Allow flexible learning to combine work and study
Personal coaching
Assessment & Feedback:
- Self-evaluation
- Group and peer evaluation
- Faculty Feedback
Candidates are required to:
- Meet the certification assessment requirements
- Adhere to ARiMI Code of Professional Conduct
- Agree to fulfill the requirements of ARiMI Continuing Professional Development (CPD) policy applicable to certifications.
Risk Analyst Certification Assessment
- Attend a minimum of 75% of the required 5 modules.
- Participate activity and engage in workshops.
- Take a 1.5-hour online exam consisting of 75 multiple-choice questions.
- Passing requires a minimum overall grade of 60%.
Chart Your Path to Excellence: Begin Your Learning Voyage with Us
Tailor Your Learning Experience!
Prefer to attend selected modules instead of all 4 in the ARiMI-CRA™ program? You can opt for the Risk Master Classes or individual workshops for a focused learning journey!
01
3-day RISK LEADERS MASTER CLASS
Unleash your leadership potential! Join our dynamic master class, designed for business leaders. Master the latest in risk governance, elevate operations, and thrive in innovation. Secure your spot for unstoppable success!
02
5-day RISK EXPERTS MASTER CLASS
Ignite your expertise! Dive into our program designed to empower you with cutting-edge methodologies and tools. Master comprehensive risk assessment for projects and organizations, fueling savvy decision-making. Enroll now for strategic brilliance!
03
1-day RISK WORKSHOPS
Discover our dynamic 1-day workshops at ARiMI! From introductory sessions for junior managers to advanced classes for senior management, dive into immersive, team-oriented learning on crucial risk management topics. Enroll today!