This event has been cancelled. For questions or to find out about future training opportunities, please contact Jenny Keesey at (360) 816-1458 or firstname.lastname@example.org.
Who Should Attend:
Utility professionals that want a simple method to identify enterprise risks at their utilities and are looking for ways to integrate enterprise risk information into planning processes.
Audit Committee Basics, April 15, 2020
Enterprise risk management (ERM) is the discipline of examining the impact of potential financial, operational, regulatory, environmental, legal, safety, and reputation risks on an organization. Sound enterprise risk management practices help utilities improve their operational and organizational effectiveness. Enterprise risk information can inform strategy, tactics, compliance, audit, financing, and operational processes.
This one-day course will provide several approaches to gather and use enterprise risk management information at the utility. The instructor will review the different steps to inventory enterprise risks, rank risks, mitigate risks, and report risks. Additionally, the instructor will discuss how some utilities have developed their approach to use enterprise risk information within the utility. There will be time in the schedule for participants to plan a customized approach for their utility.
This program is for utilities that are considering how to develop ERM practices and for utilities that have taken initial steps to start an ERM approach. Participants from organizations where no formal ERM processes exist today will get help from the instructor on how to get started. And, participants from organizations where some preliminary ERM work has been completed, will get assistance from the instructor with "next steps."
- Identify the primary areas of enterprise risk within utilities
- Discuss who should participate in enterprise risk management work
- Review several approaches to identify risks, rank risks, and develop risk mitigation strategies
- Participate in a risk inventory and risk ranking exercise with other participants
- Consider the range of risk mitigation strategies that utilities use for different areas of risk
- Develop a plan to identify, rank, and report risks (and mitigation efforts) at your organization
- Discuss different ways that enterprise risk information can be integrated into other planning practices
- Learn how to develop a sustainable enterprise risk management approach at your utility
- Receive a booklet of prior NWPPA-published ERM articles for future reference
Julie Ryan, Aether Advisors
Registration will begin at 8 a.m., and the class will run from 8:30 a.m. to 4:30 p.m. Lunch, as well as morning and afternoon breaks, will be provided.
Course Location and Hotel Information:
Doubletree by Hilton Missoula Edgewater
100 Madison Street
Missoula, MT 59802
rate: $114 for a single/double
Please book your room as soon as possible, but no later than March 28, 2020, to secure this rate. Mention
that you are coming in with the NWPPA group when booking your reservation. Or, book online with the following link: https://doubletree.hilton.com/en/dt/groups/personalized/R/RLMV-DT-NPA-20200413/index.jhtml?WT.mc_id=POG
Utility Member Early Bird (ends 3/14/2020): $480
Utility Member Standard: $555
Associate Member Early Bird (ends 3/14/2020): $720
Associate Member Standard: $795
Non-member Early Bird (ends 3/14/2020): $1,440
Non-member Standard: $1,515
Cancellations are accepted, with full refund, if request is made at least 30 days prior to the course. Within 30 days, fees are as follows: 15-29 days, $100; 1-14 days or "no show," 100% of registration fee. When possible, please send a substitute instead of canceling; NWPPA does not charge a fee for substitutions.
This course qualifies for six continuing hours. Certificates are issued upon full completion of the course.