Post on 30-Jan-2016
description
transcript
Guidebook to ERMA CPDERMA - Enterprise Risk Management Academy
ERMA CPD
Continuing Professional DevelopmentGuidebook for ERMA (Enterprise Risk Management Academy) Certi!cation Holders
Enterprise Risk Management Academyerm-academy.org
Introducing the ERMA CPD (Continuing Professional Development)
Starting in 2012, as an ERMA certi!cation holder, you are required to participate
in ERMA Continuous Professional Development (CPD).
In the CPD, you are invited to be actively involved in various professional
development activities to obtain Professional Development Units or PDUs.
We believe that professional development activities must also take place outside
your regular job or regular training activities. That is precisely why ERMA is
introducing a way to maintain and continue to develop your competence in
Enterprise Risk Management, by participating in various professional activities
that will be awarded by PDUs.
PDUs are issued by ERMA to quantify the professional development activities
conducted by every ERMA certi!cation holders, and it is required to maintain
each certi!cations (ERMAP, ERMCP, CERG). We should add that it is also a good
way to keep track and support your ongoing educational and professional
development.
Guidebook to ERMA CPDERMA - Enterprise Risk Management Academy
Renewing your Certi!cation
Every ERMA certi!cation has a validity period of two years, and you must obtain
the required numbers of PDUs to renew and maintain your ERMA certi!cation.
The required PDUs are calculated based on the type of your certi!cation (ERMAP,
ERMCP, or CERG).
Once you have obtained the required PDUs, you will also be required to
complete a certi!cation fee of USD 100, and ERMA will re-issue your e-certi!cate
afterwards.
You will also be able to request an additional grace period of 6 months if you are
not able to submit enough PDUs to renew your certi!cation.
If you are unable to renew your certi!cation at the right time, you will be
required to take part to another ERMA assessment session in order to get you
certi!cation back.
Guidebook to ERMA CPDERMA - Enterprise Risk Management Academy
erm-academy.org
Certi!cate Issuance
Expiry Date
End of Grace Period
Validity Period of Two Years
Grace Period of Six Months
Deadline of PDU submission
and renewal
Renewal deadline
PDUs Requirements
For each ERMA certi!cation, the PDUs requirements are different, respective to
the level of your certi!cation.
30 PDUsper cycle (two years)
40 PDUsper cycle (two years)
50 PDUsper cycle (two years)
Guidebook to ERMA CPDERMA - Enterprise Risk Management Academy
erm-academy.org
Recognized Professional Activities
We acknowledge a wide variety of activities as part of the Continuing
Professional Development. This way, you will be able to !nd professional
activities that is suitable with your time, budget, and interests.
Essentially, the Continuing Professional Development acknowledges the
following professional activities:
• Speaking Engagements
• Participations in ERMA Global Series
• Participations in Acknowledged Seminars or Workshops
• Public Writings and Publications
• ERMA Content Contributions
• Participations in ERMA Peer Assessment
PDUs is only awarded to professional activities conducted within your
certi!cation validity period.
Guidebook to ERMA CPDERMA - Enterprise Risk Management Academy
erm-academy.org
Recognized Professional ActivitiesSpeaking Engagement
Whenever you are invited to speak and share about your related experience on
ERM, you will be awarded with PDUs, depending on the scope of your speaking
engagement, with the following detail:
In-House Training Engagement(at your own company) 10 PDUs
Local / National Speaking Engagement- with less than 100 participants- with more than 100 participants
15 PDUs20 PDUs
Global / International Speaking Engagement- with less than 100 participants- with more than 100 participants
25 PDUs30 PDUs
Guidebook to ERMA CPDERMA - Enterprise Risk Management Academy
erm-academy.org
Recognized Professional ActivitiesParticipations in ERMA Global Series
As part of ERMA’s contribution to the global risk management community, ERMA
is regularly organizing public conferences and seminars, as well as webcasts and
webinars.
Speaking Participation in ERMA Online Broadcasts- ERMA Webcast (15 minutes)- ERMA Webinar (45 minutes)
15 PDUs25 PDUs
Speaking Participation in ERMA Conferences or Seminars 35 PDUs
Participation in ERMA Conference or Seminars 20 PDUs
Guidebook to ERMA CPDERMA - Enterprise Risk Management Academy
erm-academy.org
Recognized Professional ActivitiesParticipation in Seminars or Workshops
By attending an acknowledged seminars or workshop in your country, you will
also be awarded with PDUs, depending on the respective seminars or
workshops
Participation in seminars or workshops 5-15 PDUs
Availability of acknowledged seminar and workshop varies between countries. To check
what seminar or workshop is acknowledged and how many PDUs are awarded by ERMA,
please drop us a line at cpd@erm-academy.org
Guidebook to ERMA CPDERMA - Enterprise Risk Management Academy
erm-academy.org
Recognized Professional ActivitiesPublic Writings and Publications
Sharing your experience in ERM by writing or publishing articles, case studies,
reports, or researches is a great way to contribute to your professional
community.
That is why, we strongly endorse this kind of professional activities as part of the
CPD.
Published article in media (500-2500 words)- in prominent local media- in prominent international media
10 PDUs15 PDUs
Published case study or research in journal (minimum 2500 words)- in prominent local journal- in prominent international journal
20 PDUs25 PDUs
Guidebook to ERMA CPDERMA - Enterprise Risk Management Academy
erm-academy.org
Recognized Professional ActivitiesERMA Content Contribution
Another way to contribute to your professional society is by contributing various
content for the ERMA community. As an inclusive organization, all content
contributed by you to ERMA will be accessible by anyone, and not only ERMA
members.
Content written for ERMA- Academic papers, case studies, or papers- Long articles (2500 words)- Short articles (500 words)
25 PDUs20 PDUs5 PDUs
Submitting and suggesting Key Risk Indicators for ERMA KRI Center (available in Q2 2012)
1 PDU for each approved KRI
Guidebook to ERMA CPDERMA - Enterprise Risk Management Academy
erm-academy.org
Recognized Professional ActivitiesParticipations in ERMA Peer Assessment
ERMA adopts a unique way in commencing assessment activities. Aside from
our Certi!cation Board, you as our certi!cation holder, is also invited to asses you
risk professional peers, and determine whether their competency is up to ERMA’s
professional standards.
Participation as peer assessor in ERMA CBA (Competency-Based Assessment) for ERMAP, ERMCP, and CERG
5 PDUsfor each CBA session
Participation as peer assessor in ERMA APC (Assessment to Professional Competence) for ERMCP and CERG
5 PDUsfor each CBA session
Question contribution to ERMA EBA (Exam-Based Assessment) for ERMAP and ERMCP
1 PDUfor every approved question
Guidebook to ERMA CPDERMA - Enterprise Risk Management Academy
erm-academy.org
PDUs Submission
To submit your PDU, please download the PDU form available at erm-
academy.org/cpd, and !ll it with your most current PDUs, and send it by email
to cpd@erm-academy.org
Accumulation of PDUs
If you have successfully obtained more PDUs than the required amount for your
certi!cation, you may allocate your PDUs surplus for the following renewal cycle.
To qualify in the PDUs accumulation, you must submit your PDUs within the
validity cycle time of your certi!cation.
The maximum allowed amount for PDUs accumulation is
• ERMAP: 5 (!ve) PDUs• ERMCP: 15 (!fteen) PDUs• CERG: 25 (twenty !ve) PDUs
Remember that a professional activities is acknowledged to obtain PDUs only it
is conducted within the validity cycle of your certi!cation.
Guidebook to ERMA CPDERMA - Enterprise Risk Management Academy
erm-academy.org
Certi!cation Validity Period
Your ERMA certi!cation has a validity period of two years. To renew and maintain
your certi!cation, you would be required to obtain a speci!c amount of PDU and
also to commit a renewal and maintenance fee of USD 100 per two years.
Upon the two years cycle validity expiry of your certi!cation, you will be asked to
complete the renewal fee using our secure online payment system
Grace Period & Certi!cation Expiry
Every certi!cation has a validity period of two years, and can only be renewed if
you have acquired to required PDU and complete the renewal fee of USD 100.
We completely understand that you may not be able to collect the required
PDUs during your validity period. If this happens to you, please let us know so
we can provide you with a grace period of 6 additional months. During this
additional time, you will be able to participate in activities that may lead to
PDUs.
Grace Period & Certi!cation Expiry
Every certi!cation has a validity period of two years, and can only be renewed if
you have acquired to required PDU and complete the renewal fee of USD 100.
We completely understand that you may not be able to collect the required
PDUs during your validity period. If this happens to you, please let us know so
we can provide you with a grace period of 6 additional months. During this
additional time, you will be able to participate in activities that may lead to
PDUs.
Guidebook to ERMA CPDERMA - Enterprise Risk Management Academy
erm-academy.org
Thank you for reading ERMA Continuing Professional Development GuideBook
If you need assistance in administering your PDUs, do not hesitate to contact us at cpd@erm-academy.org
Guidebook to ERMA CPDERMA - Enterprise Risk Management Academy