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Integrated Risk Management Implementation Guide


 

Table of Contents

Introduction

Overview of the IRMF

About This Guide

Getting Started—Committing and Sustaining Senior Management Support

Managing the Initiative—Key Drivers of Success

Raising Executive Awareness and Discussing Organizational Readiness and Roles

Assigning a Risk Champion

Creating or Using an Existing Executive Forum—Chaired by the Deputy Head

Assessing Organizational Readiness and Roles

Developing and Communicating an Action Plan

1. Developing the Corporate Risk Profile

The Fundamentals

How to Do It

Questions to Consider

Examples

2. Establishing an Integrated Risk Management Function—Integrating Risk Management into Existing Decision making Processes and Reporting

The Fundamentals

How to Do It

Questions to Consider

Examples

3. Practising Integrated Risk Management

The Fundamentals

How to Do It

Questions to Consider

Examples

4. Ensuring Continuous Risk Management Learning

The Fundamentals

How to Do It

Questions to Consider

Examples

Developing and Implementing Integrated Risk Management: an Overview

Summary of What and How for Establishing Each Element of the Integrated Risk Management Framework

Selected References

Appendix A

Who Does What in Implementing Integrated Risk Management

Appendix B

A Common Risk Management Process

Appendix C

Common Risk Management Model

Appendix D

Sample Templates for Identifying, Assessing, Recording, and Reporting Risk Information

Appendix E

Sample Risk Identification Lists

Appendix F

TBS Management Accountability Framework—Risk Management Expectations