RISK MANAGEMENT FRAMEWORK
Risk management framework is a set of components that support and sustain risk management throughout an organization.
PLANNING
ASSESSMENT
There are two types of components: foundations and organizational arrangements.
ANALYSIS
TRAINING
• Foundations include the risk management policy, objectives, mandate, and commitment.
RISK MANAGEMENT FRAMEWORK
REVIEW
CONTINUITY
And
• Organizational arrangements include the plans, relationships, accountabilities, resources, processes, and activities the organization use to manage the organization’s risk.
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