Module Goal: Increase risk intelligence by coordinating risk perspectives and processes.

Focus Areas: This module focuses on two core and foundational areas of risk management:

1. Risk Process Foundation – evaluating the core process used to manage risk within the enterprise
   • Infrastructure
   • Identification
   • Assessment

   • Managing
   • Monitoring
   • Reporting
2. Risk Coordination – understanding risk exposure at deeper levels to increase the risk intelligence of the organization
   • Coordinating all aspects of risk (Are we looking at all the risks we should be?)
   • Coordinating risk interdependencies (Do we understand how our risks interrelate?)
   • Coordinating with key management processes (Is the risk discipline embedded into key processes used to manage the organization?)

Outcomes:

• A holistic “risk portfolio” view that helps reduce uncertainty and better informs decision-making
• Clearer understanding of how business risks interrelate, yielding greater confidence in how to monitor and manage them
• A risk-informed board that better understands critical aspects of enterprise risk and serves as a strategic partner in overseeing enterprise value