Guidebook to ERMA CPD

ERMA - Enterprise Risk Management Academy

ERMA CPD

Continuing
Professional
Development
Guidebook for ERMA (Enterprise
Risk Management Academy)
Certification Holders

Enterprise Risk Management Academy

erm-academy.org

Guidebook to ERMA CPD

ERMA - Enterprise Risk Management Academy

Introducing the ERMA CPD (Continuing

Professional Development)
Starting in 2012, as an ERMA certification 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 certification holders, and it is required to maintain
each certifications (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 CPD

ERMA - Enterprise Risk Management Academy

Renewing your Certification

Every ERMA certification has a validity period of two years, and you must obtain
the required numbers of PDUs to renew and maintain your ERMA certification.
The required PDUs are calculated based on the type of your certification (ERMAP,
ERMCP, or CERG).
Once you have obtained the required PDUs, you will also be required to
complete a certification fee of USD 100, and ERMA will re-issue your e-certificate
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 certification.
Certificate
Issuance

Expiry
Date

Validity Period of
Two Years

End of
Grace Period

Grace Period of
Six Months
Deadline of PDU
submission
and renewal

Renewal
deadline

If you are unable to renew your certification at the right time, you will be
required to take part to another ERMA assessment session in order to get you
certification back.

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Guidebook to ERMA CPD

ERMA - Enterprise Risk Management Academy

PDUs Requirements
For each ERMA certification, the PDUs requirements are dierent, respective to
the level of your certification.

30 PDUs

per cycle (two years)

40 PDUs

per cycle (two years)

50 PDUs

per cycle (two years)

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Guidebook to ERMA CPD

ERMA - Enterprise Risk Management Academy

Recognized Professional Activities

We acknowledge a wide variety of activities as part of the Continuing
Professional Development. This way, you will be able to find 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

certification validity period.

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Guidebook to ERMA CPD

ERMA - Enterprise Risk Management Academy

Recognized Professional Activities

Speaking 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 PDUs
20 PDUs

Global / International Speaking

Engagement
- with less than 100 participants
- with more than 100 participants

25 PDUs
30 PDUs

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Guidebook to ERMA CPD

ERMA - Enterprise Risk Management Academy

Recognized Professional Activities

Participations in ERMA Global Series
As part of ERMAs 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 PDUs
25 PDUs

Speaking Participation in ERMA

Conferences or Seminars

35 PDUs

Participation in ERMA Conference

or Seminars

20 PDUs

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Guidebook to ERMA CPD

ERMA - Enterprise Risk Management Academy

Recognized Professional Activities

Participation 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

erm-academy.org

Guidebook to ERMA CPD

ERMA - Enterprise Risk Management Academy

Recognized Professional Activities

Public 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 PDUs
15 PDUs

Published case study or

research in journal (minimum
2500 words)
- in prominent local journal
- in prominent international journal

20 PDUs
25 PDUs

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Guidebook to ERMA CPD

ERMA - Enterprise Risk Management Academy

Recognized Professional Activities

ERMA 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)

Submitting and suggesting Key

Risk Indicators for ERMA KRI
Center (available in Q2 2012)

erm-academy.org

25 PDUs
20 PDUs
5 PDUs

1 PDU

for each
approved KRI

Guidebook to ERMA CPD

ERMA - Enterprise Risk Management Academy

Recognized Professional Activities

Participations in ERMA Peer Assessment
ERMA adopts a unique way in commencing assessment activities. Aside from
our Certification Board, you as our certification holder, is also invited to asses you
risk professional peers, and determine whether their competency is up to ERMAs
professional standards.

Participation as peer assessor

in ERMA CBA (CompetencyBased Assessment) for ERMAP,
ERMCP, and CERG
Participation as peer assessor
in ERMA APC (Assessment to
Professional Competence) for
ERMCP and CERG

Question contribution to ERMA

EBA (Exam-Based Assessment)
for ERMAP and ERMCP

erm-academy.org

5 PDUs

for each CBA

session

5 PDUs

for each CBA

session

1 PDU

for every
approved
question

Guidebook to ERMA CPD

ERMA - Enterprise Risk Management Academy

PDUs Submission
To submit your PDU, please download the PDU form available at ermacademy.org/cpd, and fill 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
certification, 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 certification.
The maximum allowed amount for PDUs accumulation is

ERMAP: 5 (five) PDUs

ERMCP: 15 (fifteen) PDUs
CERG: 25 (twenty five) PDUs
Remember that a professional activities is acknowledged to obtain PDUs only it
is conducted within the validity cycle of your certification.

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Guidebook to ERMA CPD

ERMA - Enterprise Risk Management Academy

Certification Validity Period

Your ERMA certification has a validity period of two years. To renew and maintain
your certification, you would be required to obtain a specific 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 certification, you will be asked to
complete the renewal fee using our secure online payment system

Grace Period & Certification Expiry

Every certification 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 & Certification Expiry

Every certification 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.

erm-academy.org

Guidebook to ERMA CPD

ERMA - Enterprise Risk Management Academy

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