"The Orange Book – Management of #Risk, Principles and Concepts (2020) advises that processes shall be structured to include ‘timely, accurate and useful risk reporting to enhance the quality of decision-making and support management and oversight bodies in meeting their responsibilities’. Risk reporting is a key component of the risk management framework (Figure 1), providing insight and confidence to both internal and external stakeholders. Good risk reporting offers an integrated perspective, which draws on and complements planning and performance frameworks and insights in assuring the effectiveness of the risk management approach, and highlighting areas where intervention is required." #risk #risks #enterpriserisk #enterprisesecurityriskmanagement #intelligence #threatlintelligence #riskmanagement #riskanalysis #riskassessment #riskmanagementframework #operationalriskmanagement #projectriskmanagement #projectrisk #operationalresilience #resilience #operationalrisk #riskintelligence #governance #management #planning #emergingrisks #riskreporting
"This guidance outlines principles and key considerations for organisations to apply when designing and developing #risk reports. The principles detailed in this guide are based on best practice developed and refined within the Civil Service risk management community. It is intended for both risk professionals and senior leaders responsible for managing risks and prioritising resource allocation. This guidance is tailored to support the effective reporting of principal and emerging risks in an #enterpriseriskmanagement context. " #risk #risks #enterpriserisk #enterprisesecurityriskmanagement #intelligence #threatlintelligence #riskmanagement #riskanalysis #riskassessment #riskmanagementframework #operationalriskmanagement #projectriskmanagement #projectrisk #operationalresilience #resilience #operationalrisk #riskintelligence #governance
