Professional Documents
Culture Documents
The five stages of RIMS ERM Trajectory of Success are designed to take an
organization from its initial commitment through design, activation, monitoring and
improving its ERM discipline.
The starter kit is provided to help you overcome the initial hurdles for commitment
and design by providing you with basic ERM materials that other risk professionals
have used successfully.
For more information and training on the RIMS ERM Trajectory of Success, contact
pd@rims.org about our RIMS Accelerating ERM workshop.
Materials are meant for educational and informational purposes. The examples have been provided by knowledgeable individuals. RIMS makes no representations or warranties,
expressed or implied, regarding the materials. Individuals should consult their advisors regarding specific risk management issues.
Materials are meant for educational and informational purposes. The examples have been provided by knowledgeable individuals. RIMS makes no representations or warranties,
expressed or implied, regarding the materials. Individuals should consult their advisors regarding specific risk management issues.
Materials are meant for educational and informational purposes. The examples have been provided by knowledgeable individuals. RIMS makes no representations or warranties,
expressed or implied, regarding the materials. Individuals should consult their advisors regarding specific risk management issues.
Materials are meant for educational and informational purposes. The examples have been provided by knowledgeable individuals. RIMS makes no representations or warranties,
expressed or implied, regarding the materials. Individuals should consult their advisors regarding specific risk management issues.
Risk registers can be extremely simple to quite lengthy. Often, the risks are sorted by
categories.
Design
Sample Risk Register
Risk registers are valuable tools to identify, define
and list risks that may positively or negatively
impact an organizations objectives.
When initially starting an ERM program, it is
helpful to have a frame of reference for those
being asked to assess the risks.
This particular sample is organized under two broad categories: Context Risks and
Resource Risks. Context Risks relate to internal and external factors that impact the
environment in which the organization operates or the way business processes are
conducted. Resource Risks relate to the resources used by the organization to
accomplish its objectives.
Materials are meant for educational and informational purposes. The examples have been provided by knowledgeable individuals. RIMS makes no representations or warranties,
expressed or implied, regarding the materials. Individuals should consult their advisors regarding specific risk management issues.
Materials are meant for educational and informational purposes. The examples have been provided by knowledgeable individuals. RIMS makes no representations or warranties,
expressed or implied, regarding the materials. Individuals should consult their advisors regarding specific risk management issues.
Materials are meant for educational and informational purposes. The examples have been provided by knowledgeable individuals. RIMS makes no representations or warranties,
expressed or implied, regarding the materials. Individuals should consult their advisors regarding specific risk management issues.
The risk mapping document in the starter kit takes you through a sample, providing
possible definitions for each of these two criteria.
Materials are meant for educational and informational purposes. The examples have been provided by knowledgeable individuals. RIMS makes no representations or warranties,
expressed or implied, regarding the materials. Individuals should consult their advisors regarding specific risk management issues.
Designing a Program
Design
Risk Ranking Tool
Demo of Risk Ranking Tool (Auto Risks)
The Risk Ranking Tool used at the University of
California is an Excel workbook that includes
macros to assess potential risks, likelihood, time,
financial and reputation severity. The tool
provides a summary worksheet and a chart of
events.
Materials are meant for educational and informational purposes. The examples have been provided by knowledgeable individuals. RIMS makes no representations or warranties,
expressed or implied, regarding the materials. Individuals should consult their advisors regarding specific risk management issues.
For more information and training on ERM and specific techniques , contact
pd@rims.org about our RIMS Techniques of Risk Management: Gaining a Competitive
Advantage.
Materials are meant for educational and informational purposes. The examples have been provided by knowledgeable individuals. RIMS makes no representations or warranties,
expressed or implied, regarding the materials. Individuals should consult their advisors regarding specific risk management issues.
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Reporting on Risk
Materials are meant for educational and informational purposes. The examples have been provided by knowledgeable individuals. RIMS makes no representations or warranties,
expressed or implied, regarding the materials. Individuals should consult their advisors regarding specific risk management issues.
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The five stages of RIMS ERM Trajectory of Success are designed to take an
organization from its initial commitment through design, activation, monitoring and
improving its ERM discipline.
In Conclusion
Other RIMS Resources for Getting Started
Be sure to check out RIMS Strategic and
Enterprise Risk Center for practical articles,
reports, tips, tools and templates successfully
used by leading risk professionals to advance
your organizations risk capabilities.
The starter kit is provided to help you overcome the initial hurdles for commitment
and design by providing you with basic ERM materials that other risk professionals
have used successfully.
For more information and training, contact pd@rims.org.
Materials are meant for educational and informational purposes. The examples have been provided by knowledgeable individuals. RIMS makes no representations or warranties,
expressed or implied, regarding the materials. Individuals should consult their advisors regarding specific risk management issues.
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