Risk Profiling Guide
A first step in pursuing integrated risk management is to develop an organization-wide risk profile (often referred to as a corporate or enterprise risk profile).
The risk profile guide (15 pages in Word) identifies challenges in implementing integrated risk management and profiling organization-wide risks, and sets forth guiding principles and key messages. Key elements of a risk profile are highlighted, including the identification and description of risks, impact, likelihood, trend, mitigation measures, and risk priority. A work plan is also provided.
A risk profile can be prepared for a specific department, agency, or sector/branch, depending on the scope of the unit's mandate and operations. The challenge is to ensure that risk management is aligned at the various levels of the organization.
You will receive an email with a link to download the guide in a Word fully editable format. The generic risk profiling template is also provided in a Powerpoint editable format.