Enterprise Risk Management
Once you know your mission, goals and objectives, you can leverage the ERM Program to increase the chances that you are successful. For example:
- Leverage one of our Risk Assessment Tools to look at what risks might interfere with meeting your objectives; These tools are easy to use and support general and specific risk assessments at all levels
- Before entering into a contract for a new venture or program, contact OPRS to obtain review that will provide you with a Risk Universe customized to your project. A sample risk universe (xls) including both domestic and foreign risk exposures is available. We recommend that project owners work together with a risk manager to tailor this Risk Universe to the project at hand.
- Create a dashboard of metrics - key performance indicators - and other data that can help you track how you are moving toward achieving your objectives.