Enterprise Risk Management Assessment

Service summary

An evaluation of existing arrangements for governing, assessing and monitoring organisational risk. The review examines how risk information supports decisions and accountability across selected functions and objectives.

Findings give management a view of consistency and integration rather than a newly designed risk framework. ISO 31000 may inform the assessment as guidance; the service does not claim ISO 31000 certification.

Key objectives

• Assess risk governance and ownership
• Examine assessment and escalation consistency
• Evaluate links to organisational decisions
• Identify monitoring and evidence gaps

Methodology

Selected risks and decisions are traced through the existing framework, using agreed maturity or effectiveness criteria without prescribing risk treatments.

• Agree organisational boundaries, framework, criteria and impartiality conditions.
• Review risk governance, methodology and relevant risk registers.
• Select significant risks, decisions and organisational interfaces.
• Interview risk owners and examine assessment evidence.
• Trace treatment oversight, escalation and monitoring information.
• Evaluate consistency with objectives and management review processes.
• Report framework implementation findings without selecting risk responses.

Key outcomes

References: [G04] · [G10]

• Enterprise risk assessment
• Governance and ownership findings
• Decision-integration evidence
• Monitoring and escalation gaps